Cryptocurrency transactions carry inherent risks. This Risk Disclosure Policy is intended to ensure that users of Peerlinkx fully understand these risks before engaging in any transactions on our platform.
By using Peerlinkx, you acknowledge that you have read, understood, and accepted the risks described below.
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1. Market Risk
Cryptocurrency prices are highly volatile and can change rapidly. The value of your assets may rise or fall significantly in a short period of time.
• Peerlinkx does not guarantee the value of any cryptocurrency.
• You are solely responsible for monitoring price movements before completing a trade.
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2. Irreversibility of Transactions
Cryptocurrency transactions are irreversible. Once funds are transferred to a wallet address, they cannot be recalled without the recipient’s cooperation.
• Peerlinkx cannot reverse or cancel a blockchain transaction.
• Our escrow process is designed to mitigate this risk, but it does not eliminate it entirely.
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3. Counterparty Risk
When trading with another party, there is always a risk that the counterparty may fail to fulfill their obligations.
• Peerlinkx mitigates this risk through escrow but does not guarantee the performance of the other party beyond holding funds until trade terms are met.
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4. Operational Risk
Peerlinkx uses advanced systems to provide secure escrow services. However, operational risks still exist, including:
• System downtime or maintenance interruptions
• Cyberattacks or technical failures
• Human error in transaction handling
Peerlinkx maintains strict security measures to minimize these risks.
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5. Regulatory and Legal Risk
Cryptocurrency regulations vary across jurisdictions and may change over time.
• You are responsible for ensuring your activities comply with all applicable laws in your jurisdiction.
• Peerlinkx is not responsible for any legal consequences arising from your use of our services.
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6. Force Majeure
Events beyond Peerlinkx’s control, such as natural disasters, acts of war, government actions, or major network outages, may impact the ability to provide services.
• Peerlinkx will not be liable for delays or failures caused by such events.
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7. User Responsibility
You are solely responsible for:
• Keeping your account credentials secure
• Verifying transaction details before confirming trades
• Conducting your own due diligence on counterparties
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8. Limitation of Liability
Peerlinkx’s role is limited to acting as a neutral escrow service provider.
• We do not provide investment advice.
• We are not responsible for any financial losses arising from market fluctuations, user error, or third-party actions.
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9. Acknowledgment
By using Peerlinkx, you confirm that:
• You understand and accept the risks of cryptocurrency transactions.
• You will not hold Peerlinkx liable for losses outside of our direct operational control.
10. Refund Policy Notice
Refunds are not guaranteed and are only issued when:
• The escrow dispute process rules in your favor, and
• The transaction is verified by a trusted blockchain agent or agency.
Once payment is traced in the trade room, the trade must be completed.
