Digital assets carry real risk and their worth can fall to nothing. NioX acts only on the instructions you give and offers no view on what suits you, so read every section below before you trade, stake or spend.
- Only put in money you could afford to lose in full
- A balance is a claim on NioX and sits outside any deposit guarantee scheme
- NioX will never ask you for your password or a login code
01General warning
The price of a digital asset can move sharply in either direction. What you hold today may be worth far less tomorrow, and in the worst case the whole amount you put in can vanish. Never commit funds you would struggle to live without.
These assets are not legal tender, and no deposit guarantee scheme or investor compensation scheme stands behind them. Should NioX fail, or should any third party within the custody chain fail, you might get back only part of your holdings or nothing at all.
NioX works strictly on an execution only footing. We form no view on whether a given market, asset or product suits your circumstances or is appropriate for you, so every choice you make rests with you alone.
02Market risk
Quoted prices can lurch suddenly and with no advance signal. A market may jump straight past a level without ever dealing there. When liquidity thins out, your order can fill at a price much worse than the one you last saw on screen, or it may fail to fill at all.
How an asset behaved in the past tells you nothing reliable about how it will behave next, and its worth can drop the whole way to zero.
03Execution risk
A market order fills against whatever orders are resting on the book at that instant, so the average price you end up with can diverge from the figure shown when you sent it.
A limit order carries no guarantee of filling, and any order left resting on the book can be voided if the market is halted.
Loss of connectivity, a failed device or a congested network can each stop you from entering or pulling an order at the precise moment you intend.
04Technology and network risk
Any blockchain can become congested, split into a fork, stop producing blocks or alter its consensus rules. Because of an event of that kind a deposit or a withdrawal may arrive late or, in a severe case, be lost outright.
Moving an asset over a network we do not support, to the wrong address, or without the deposit reference we require, can wipe it out for good, since a transfer of that sort can almost never be undone.
05Custody and counterparty risk
Whatever balance shows against your account is a claim you hold on NioX. We keep and record client assets apart from our own, yet that separation does not rule out losses that could flow from insolvency, from fraud, from the collapse of an outside custodian or from a security breach.
06Staking and earn risk
Any annual percentage yield we publish is a guide alone. It amounts to no promise of return and may be changed or halted.
A network can dock a validator through a penalty that eats into the amount you have staked, and NioX offers no compensation for penalties of that sort.
Pull out of a fixed term product ahead of schedule and you give up the rewards you have built up. On top of whatever term NioX sets, a network may enforce its own unstaking period.
An instrument backed by a real world asset exposes you to the credit standing of both its issuer and the underlying obligor, to the chance that it proves hard to sell, and to operational failures in the way it is held. If an attestation runs late or comes back qualified, we may suspend trading in that instrument.
07Stablecoin risk
A stablecoin stands for a debt owed by whoever issues it rather than money on deposit. Its worth hangs on that issuer holding sufficient reserves and staying ready to honour redemptions.
A stablecoin can drift away from its peg, and a peg that has stayed firm for years can break with no warning whatever.
08Card risk
The money on your card is held as electronic money, not as a bank deposit. It pays you nothing and sits outside any deposit guarantee scheme.
Where you spend in a currency other than the one your card is denominated in, the amount is converted at the rate in force when the conversion happens, and a foreign currency fee is added.
09Regulatory and tax risk
How the law treats digital assets varies from one jurisdiction to the next and can shift over time. A fresh rule might curb your ability to hold, trade, move or cash out an asset, or it might force NioX to pause a market or a product.
Working out and settling your own tax obligations rests with you, and NioX gives no tax advice.
10Fraud and social engineering
NioX will never request your password or an authentication code, whether by email, over the phone or through a messaging service. Treat anyone who asks for these as someone trying to defraud you.
Funds sent to a scammer are almost always gone for good, so confirm each withdrawal destination through an independent check before you place it on your allow list.