1. INTRODUCTION:
This Risk Disclosure (“Disclosure”) is provided by Hashtag Ltd (“we”, “us”, “our”, “the Company”), which works with regulated and authorised partners to provide financial services that comply with applicable regulations. We encourage you to read this Disclosure carefully to understand the risks associated with our services before using them.
2. General Considerations:
2.1 No Guarantee of Profit
- Currency transfer services carry significant risks.
- Exchange rates are highly volatile and subject to unpredictable fluctuations.
- Past performance is no guarantee of future results.
2.2 Appropriateness
- Before using our services, please evaluate your experience and financial situation.
- Please check your understanding of the risks described in this document.
3. Specific Risks:
3.1 Exchange Risk
- Significant fluctuations in exchange rates may cause losses.
- Global market fluctuations may adversely affect operations.
3.2 Transfer Risk
- Possible delays in transactions due to technical or banking issues.
- Processing errors that can negatively impact the final result.
3.3 Technological Risk
- Platform malfunctions.
- Data security and connectivity risks.
3.4 Counterparty Risk
- Solvency of partner banks or default of the regulated provider.
4. Operational Risks:
4.1 Operational Errors
- Human or procedural errors can negatively impact services.
4.2 System Risks
- Service interruptions or technical failures may compromise operation.
5. Regulatory and Legal Risks:
5.1 Regulatory Changes
- Legislative changes may affect the services offered.
5.2 Compliance
- Compliance with KYC/AML regulations is mandatory.
- Geographic restrictions or limited operations may apply.
6. Market Risks:
6.1 Volatility
- Sudden market movements can negatively affect your trades.
6.2 Liquidity
- Wide spreads or extraordinary market conditions may delay execution.
7. Country Specific Risks:
7.1 Political Risks
- Political instability or currency restrictions may impact services.
7.2 Economic Risks
- Local financial crises or inflation may negatively affect operations.
8. Mitigation Measures:
8.1 Internal Controls
- Advanced monitoring systems and business continuity plans are implemented to mitigate risks.
8.2 Customer Protection
- Segregated funds and dedicated insurance protect clients’ interests.
9. Limitations of Liability:
9.1 Exclusions
- The Company is not responsible for events of force majeure or extraordinary circumstances.
9.2 Indemnities
- Customers are responsible for any breach of the contractual conditions.
10. Monitoring and Review:
10.1 Risk Monitoring
- The Company carries out continuous monitoring and periodic updates of the procedures.
10.2 Updates
- Any substantial changes will be communicated to customers promptly.
11. Customer Statement:
By using our services, the customer declares to:
- Having read and understood this Policy.
- Fully accept the risks described.
- Possess adequate financial resources.
- Be aware of possible losses.
12. Contacts:
For more information on risks:
- Compliance : compliants@hashtagwallets.com
- Customer Support : support@hashtagwallets.com
13. Validity and Updates:
This Policy will be updated periodically and published on the official website.
Previous versions will be archived and available upon request.