Risk Disclosure
Last updated: January 1, 2025
⚠️ IMPORTANT WARNING
Cryptocurrency trading and token launches involve substantial risk of loss and are not suitable for every investor. Please read this disclosure carefully before using UZI Tools.
1. General Risks
Cryptocurrency trading is highly speculative and carries substantial risk. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.
You may lose all or more than your initial investment. Do not trade with money you cannot afford to lose.
2. Market Risks
2.1 Volatility
Cryptocurrency markets are extremely volatile. Prices can fluctuate dramatically within short periods. Past performance is not indicative of future results.
2.2 Liquidity Risk
Some cryptocurrencies and tokens may have limited liquidity. This can make it difficult or impossible to execute trades at desired prices, especially during periods of high volatility.
2.3 Market Manipulation
Cryptocurrency markets are largely unregulated and susceptible to manipulation through wash trading, pump and dump schemes, and coordinated buying/selling.
3. Technical Risks
3.1 Smart Contract Risk
Smart contracts may contain bugs, vulnerabilities, or design flaws that could result in loss of funds. Code audits do not guarantee security.
3.2 Blockchain Network Risk
Blockchain networks may experience congestion, forks, attacks, or technical failures that can affect transaction execution and asset security.
3.3 Wallet Security
Loss or theft of private keys results in permanent loss of funds. You are solely responsible for securing your wallets and private keys. UZI Tools is non-custodial and cannot recover lost keys.
4. Regulatory Risks
Cryptocurrency regulations vary by jurisdiction and are rapidly evolving. Regulatory changes may:
- Restrict or prohibit cryptocurrency trading in your jurisdiction
- Impose new tax obligations or reporting requirements
- Affect the legal status of certain tokens or activities
- Result in exchange closures or asset seizures
You are responsible for understanding and complying with all applicable laws and regulations in your jurisdiction.
5. Tool-Specific Risks
5.1 Trading Automation
Automated trading tools can execute trades rapidly and at scale. Software bugs, incorrect parameters, or unexpected market conditions can result in significant losses.
5.2 Token Launches
Token launches carry additional risks including:
- Regulatory scrutiny and potential legal liability
- Technical failures during launch
- Insufficient liquidity or market interest
- Reputational damage from failed launches
5.3 Multi-Wallet Operations
Managing multiple wallets increases complexity and risk. Errors in wallet management, funding, or key storage can result in loss of funds across multiple addresses.
6. No Investment Advice
UZI Tools provides software infrastructure, not investment advice. Nothing on our platform should be construed as:
- Investment, financial, legal, or tax advice
- A recommendation to buy, sell, or hold any cryptocurrency
- A guarantee of profits or returns
- An endorsement of any trading strategy
Always consult with qualified financial, legal, and tax professionals before making investment decisions.
7. Service Limitations
7.1 No Guarantees
We do not guarantee:
- Uninterrupted or error-free service
- Accuracy of data or analytics
- Successful execution of transactions
- Compatibility with all wallets or chains
7.2 Third-Party Dependencies
Our service relies on third-party infrastructure including blockchain networks, RPC providers, and data sources. Failures or issues with these dependencies may affect service availability and functionality.
8. Fraud and Scam Risk
The cryptocurrency space has a high incidence of scams, rug pulls, and fraudulent projects. Be extremely cautious when:
- Investing in new or unknown tokens
- Connecting wallets to unknown smart contracts
- Sharing private keys or seed phrases
- Following investment advice from unknown sources
Never share your private keys or seed phrases with anyone. UZI Tools will never ask for your private keys.
9. Tax Implications
Cryptocurrency transactions may have tax implications in your jurisdiction. You are responsible for:
- Understanding applicable tax laws
- Maintaining accurate records of all transactions
- Reporting cryptocurrency income and gains
- Paying all applicable taxes
Consult with a qualified tax professional for guidance on your specific situation.
10. Risk Mitigation
While risks cannot be eliminated, you can take steps to manage them:
- Only invest what you can afford to lose
- Diversify your portfolio
- Use secure wallet storage and backup methods
- Start with small amounts when testing new tools
- Thoroughly research tokens before investing
- Keep software and security measures up to date
- Be skeptical of promises of guaranteed returns
11. Acknowledgment
By using UZI Tools, you acknowledge that you have read and understood this Risk Disclosure and accept all risks associated with cryptocurrency trading and use of our services.
IF YOU DO NOT ACCEPT THESE RISKS, DO NOT USE OUR SERVICES.
12. Contact
If you have questions about these risks, contact us at:
support@uzitools.com