LBank’s digital asset management service involves objective technical risks and subjective strategy risks. By using this service, you acknowledge that you fully understand and accept these risks. This risk disclosure is provided in Chinese as the authoritative version to help you understand the risks of digital asset management and make informed decisions based on your circumstances.
Introduction
This disclosure outlines the risks associated with LBank’s digital asset management service to help you assess your investment capacity. Before signing the agreement or engaging in the service, please read this document carefully, understand the nature and rules of the service, and evaluate your investment experience, goals, financial situation, and risk tolerance to decide if this is suitable for you.
Suitable Participants
The digital asset management service may involve high-risk strategies, such as leverage, and is only suitable for:
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Professional investment institutions or individuals with extensive investment experience;
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Those who fully understand the risks of digital assets and derivative trading;
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Those who can bear partial or total loss of funds due to investment errors.
Key Risks
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Price Volatility and Trading Risks: Digital asset prices are influenced by multiple factors, with high volatility and limited market capacity. The management service (including LBank) may experience slippage or imprecise profit-taking/stop-loss execution, potentially leading to increased losses.
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Regulatory Risks: Digital assets and derivatives trading may be subject to regulatory policies in different jurisdictions. Before participating, you should understand the regulatory environment in your region and LBank’s jurisdiction and make cautious decisions.
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Other Risks: Trading rules for managed digital assets and derivatives (e.g., adjustment factors, expiration dates) may be modified based on platform needs. If the platform adjusts delivery schedules (early or delayed) due to special circumstances, it will notify users via official announcements or SMS. Any resulting losses or gains (including liquidation risks) are borne by the investor.
Important Notes
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Before participating, thoroughly understand the basics of digital asset management, associated risks, and LBank’s operational rules.
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This disclosure lists only some risks and does not cover all potential risks. You should independently research other possible risk factors.
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We recommend you carefully assess your risk tolerance, decide whether to use this service, and allocate your digital assets prudently.