1. Risk of Loss

Digital-asset markets can move rapidly and unpredictably. You may experience significant losses, including loss of all assets allocated to a strategy. Do not use funds you cannot afford to lose.

2. No Guaranteed Returns

No person, algorithm, artificial-intelligence system, automated strategy or trading model can guarantee future profits or eliminate market risk. QUANTAIRA does not guarantee any return, performance target, maximum drawdown, preservation of capital or recovery from losses.

3. Automated Trading and Model Risk

Automated trading systems provided by third-party technology providers may execute trades rapidly and without manual intervention. They may generate losing trades and may be affected by programming errors, model assumptions, incorrect parameters, data problems, delayed signals, execution errors, unexpected market behavior or failures in risk controls. A strategy that worked in the past may perform differently or fail in future conditions.

4. Historical, Hypothetical and Backtested Performance

Historical results reflect past conditions only. Hypothetical, simulated, modelled or backtested results have inherent limitations and may benefit from hindsight. They may not reflect actual execution, liquidity, slippage, fees, market impact, latency, outages or investor behavior. Actual results may differ materially.

5. Compounding

Where gains or losses are compounded using a changing account balance, both profits and losses may increase in dollar terms over time. Compounding does not ensure better performance and can increase the amount at risk.

6. Volatility, Liquidity and Execution

Digital assets may experience extreme price movements. Markets can become illiquid or unavailable. Orders may execute at prices different from those expected, may be delayed, or may not execute. Spreads, market depth, order size, volatility, latency and platform rules can materially affect results.

7. Third-Party, Exchange and Custody Risk

Services may depend on independent exchanges, account providers, custodians, trading-technology providers, data providers and other third parties. These parties may experience outages, insolvency, cybersecurity incidents, regulatory actions, withdrawal restrictions, asset freezes or operational failures. QUANTAIRA does not control independent third parties, and your rights against them may be governed by separate agreements and applicable law.

8. Technology, API and Connectivity Risk

Automated trading may depend on APIs, internet connectivity, cloud systems, data feeds, authentication services and other technology. Failures, delays, incompatibilities, maintenance, cyberattacks, rate limits or communication interruptions may delay or prevent trading, account access, data transmission or strategy changes.

9. Cybersecurity Risk

Digital-asset users and businesses are targets for hacking, phishing, credential theft, malware and social engineering. Unauthorized access can result in loss of data, account access or assets. Use strong credentials, multifactor authentication where available, and appropriate security practices.

10. Regulatory and Legal Risk

Digital-asset and automated-trading laws and regulations continue to evolve and differ among jurisdictions. Legal, regulatory or compliance developments may restrict, suspend or change available assets, strategies, features, providers or customer eligibility.

11. Asset and Protocol Risk

Digital assets may be affected by forks, protocol changes, governance decisions, network congestion, smart-contract vulnerabilities, delistings, concentration of holdings or loss of market support. These events may affect value, liquidity, transferability or availability.

12. Fees and Costs

Trading fees, spreads, subscriptions, network fees, withdrawal fees, taxes and other charges reduce returns. A strategy that appears profitable before fees may be less profitable or unprofitable after costs.

13. Tax Risk

Digital-asset transactions may have tax consequences that vary by jurisdiction and individual circumstances. QUANTAIRA does not provide tax advice. You should consult an appropriate tax professional where necessary.

14. Marketing and Performance Information

Do not make a decision based solely on promotional materials, testimonials, screenshots, rankings, historical returns or examples of profitable periods. Such information may not reflect your experience and should be considered together with applicable assumptions, methodology, fees and risk disclosures.

15. No Individual Suitability Determination

QUANTAIRA does not provide individualized investment advice or determine whether a trading strategy is suitable for your personal financial circumstances. You are responsible for evaluating your objectives, financial circumstances, risk tolerance and ability to bear losses, and for seeking independent professional advice where appropriate.

16. Leverage and Other Higher-Risk Products

If margin, leverage, futures, derivatives or other higher-risk products become available, additional risks may apply. Leverage can magnify losses and, depending on the product and applicable rules, may result in losses occurring more rapidly. Any such product should be reviewed together with its specific disclosures.

17. Your Responsibility

Before participating, you should:

• Read these disclosures, the Terms of Use and applicable third-party agreements;
• Understand how the relevant strategy and services operate;
• Review applicable fees and costs;
• Understand which parties provide the relevant account, custody, exchange and trading-technology functions;
• Use only assets you can afford to lose; and
• Seek independent legal, tax, financial or other professional advice where appropriate.

18. Acknowledgment

By enabling or participating in automated trading through or in connection with the Platform, you acknowledge that you have read and understood this Trading & Risk Disclosure, understand that trading involves substantial risk of loss, and accept that no return or outcome is guaranteed.