Risk Disclosures

Last Updated: November 12, 2020

1. Volatility of Cryptoassets

Digital currencies and blockchain assets represent a speculative investment and involve a high degree of risk. As relatively new products and technologies, digital currencies and blockchain assets have not been widely adopted as a means of payment for goods and services by major retail and commercial outlets. Conversely, a significant portion of the demand for digital currencies and blockchain assets is generated by speculators and investors seeking to profit from the short or long-term holding of digital currencies and blockchain assets. The relative lack of acceptance of digital currencies and blockchain assets in the retail and commercial marketplace limits the ability of end-users to pay for goods and services with digital currencies and blockchain assets. A lack of expansion by digital currencies and blockchain assets into retail and commercial markets, or a contraction of such use, may result in increased volatility.

2. Not an Investment Fund

Nothing on https://greypool.io should be considered investment or financial advice. GreyPool Inc. is not an investment fund or registered broker-dealer. You are solely responsible for all actions taken on the platform, any investments made, and sole bearer of profits and loss.

Note: All risks are not noted here. Please do your own research.

3. Custody of Assets

GreyPool Inc. does not maintain custody of your digital assets or currencies on or within the exchanges you use. We may not support every exchange or wallet you hold assets on. Such exchanges and wallets have developed security systems to maintain confidential access to the private keys that have been generated and which control the movement of the currencies. GreyPool Inc. is not able to obtain control of the private keys generated by the exchanges utilized by you. GreyPool Inc. employs a comprehensive due diligence process to select exchanges and wallets that it determines have developed sophisticated security systems and will continue to reevaluate the due diligence process and the security systems of the various exchanges and wallets. However, the systems and methodologies of the exchanges and wallets utilized by GreyPool Inc. may be subject to exposure from hacking, malware, and general security threats. GreyPool Inc. or its managing members are not liable for the failure or penetration of the security system absent gross negligence, fraud, or criminal behavior.

4. Illiquidity

Digital currencies and Digital Assets can be illiquid. Exchanging cryptocurrencies and blockchain assets for a specific fiat currency may be impossible at any given moment.

Illiquidity may be caused by:

  • Government Regulation
  • Pre-ICO Restrictions
  • Lockup Periods
  • Limited Market for the Exchange of Cryptocurrencies

7. Legality

It may be illegal, now or in the future, to own, hold, sell or use digital currencies or blockchain in one or more countries, including the United States. Although currently digital currencies and blockchain assets are lightly regulated in most jurisdictions, one or more countries may take regulatory actions in the future that severely restricts the right to acquire, own, hold, sell or use digital currencies or blockchain assets. Further, the transfer of exchange blockchain assets or digital currencies for fiat currency may also be affected. Such action may restrict your ability to hold or trade digital currencies and blockchain assets and could result in termination of your account at a time that is disadvantageous to you or may adversely affect an investment you hold.

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Trading cryptocurrencies involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. The articles and content on this website are for entertainment purposes only and do not constitute investment advice.