Risk Disclosure

BEFORE USING ANY OF QUANTIA'S SERVICES, YOU SHOULD ENSURE THAT YOU FULLY UNDERSTAND AND CAN AFFORD TO UNDERTAKE THE RISKS INVOLVED. THIS RISK DISCLOSURE LISTS SOME, BUT NOT ALL OF THE RISKS INVOLVED IN HOLDING, TRADING AND USING CRYPTO ASSETS GENERALLY, AND USING QUANTIA’S’ SERVICES SPECIFICALLY. THIS RISK DISCLOSURE IS INTENDED TO PROVIDE YOU WITH A GENERAL OUTLINE OF THE RISKS INVOLVED, BUT CAN NOT CAPTURE ALL SUCH RISKS. THE RISKS LISTED BELOW THEREFORE DO NOT CONSTITUTE AN EXHAUSTIVE LISTS, AND ADDITIONAL SIGNIFICANT RISKS MAY BE APPLICABLE. YOU SHOULD ALWAYS DO YOUR OWN RESEARCH.

General

Quantia does not provide any legal, tax or financial advice and you are strongly advised to obtain independent legal, tax or financial advice prior to making any financial decision, including buying, trading, holding or using crypto assets. There are significant risks associated with crypto assets, and you are solely responsible to make sure you understand such risks and assess whether such risks are appropriate for you. Quantia does not make any offers, recommendations or invitations for you to deal in crypto assets or use any services, and does not take into account your personal circumstances, financial situation, needs or goals. Before making any financial decision, you should carefully assess your financial situation and capacity, and only use funds that you can afford to lose.

Before entering into any transaction you should ensure that you understand and have made an independent assessment of the suitability and appropriateness of a transaction into which you are entering and the nature and extent of your exposure to risk of loss in light of your own objectives, financial and operational resources and other relevant circumstances.

Past performance is no guarantee of future results.

Risks Related to Crypto Assets Generally

Dealing in crypto assets can incur risk of financial loss. Crypto assets are by their nature highly volatile and you should be aware that the risk of loss in trading, investing or holding crypto assets can be substantial.

The value of crypto assets can be highly unpredictable, with significant price fluctuations within short periods of time. Crypto assets are extremely volatile, can experience significant price fluctuations within short periods of time and their value may not be guaranteed or backed by any government.

The value of crypto assets can be affected by unpredictable events, including the performance of world markets, interest rates, changes in taxation on income and capital, foreign exchange rates, regulatory and legislative changes, technological developments and market sentiment.

Crypto assets are not legal tender, and there is no guarantee that any person shall agree to accept them for their intended purpose at any time in the future. Market availability and liquidity may be limited or disrupted, and there can be no guarantee that you would be able to sell or exchange your crypto assets at any price.

The nature of crypto assets may entice an increased risk of fraud or cyber-attack, including rollback attacks or blockchain reorganizations.

Crypto asset transactions are not reversible. Erroneous transactions may result in irreversible loss of your funds.

Any third party gaining access to your digital wallet can extract your funds, and you may not be able to identify or find such parties. Never provide any person with your account email and password.

Once you send crypto assets to an address, there is risk that you may lose access to, and any claim on, those crypto assets either indefinitely or permanently because, for example, an address may have been entered incorrectly. Losses due to fraudulent or accidental transactions may not be recoverable.

Crypto assets which are meant to mimic or follow the price of another asset (e.g. any fiat currency, commodity) may not always accurately reflect such prices, which can fluctuate above or below its intended value. Crypto assets are largely unregulated in most parts of the world, and limited protection (if any) may be afforded to users in the event of loss. Crypto exchanges and service providers may not be subject to regulatory supervision.

Different jurisdictions may treat crypto assets differently, and the cross-border nature of the blockchain and of crypto assets may make them subject to the laws of various jurisdictions. You must always make sure that any use you make of any crypto asset is compliant with all applicable laws.

Different jurisdictions may impose specific tax rules and treatments to crypto assets. You must ensure you understand the tax implications of your activities, and always comply with all reporting and payment obligations applicable to you.

Blockchain technologies are susceptible to a wide variety of risks, from malicious attacks to technical difficulties and failures, which may result in loss of funds transacted or held over the blockchain, increased transaction costs or delays in execution.

Risks Related to Using Quantia's’ Services

Quantia may suffer technological difficulties which may prevent the access or use of your account, or delay your transactions.

Quantia's top priority is the security of its systems, cryptoassets held by it and its users’ personal information. However, Quantia (and third parties having authorized access or control over such assets) may suffer malicious attacks and security breaches, which may result in the compromise of such assets.

We try to ensure that the information on this site is correct, but we do not give any express or implied warranty as to its accuracy. We do not accept liability for any error or omission.

Quantia deploys crypto assets held by it in a variety of income generating activities, including lending them to third parties and transferring them to external platforms and systems. Quantia conducts in-depth due diligence reviews of any such third party or platform, including security, financial and credibility tests. However, Quantia can not guarantee that they shall not suffer any breaches, lose such assets or fail to return any assets to Quantia, resulting in financial loss.

Quantia's’ obligation to return to its user the crypto assets available in such users’ Quantia account (subject always to Quantia's’ Terms of Use) is not affected by losses suffered by Quantia, including as a result of any hack or loss of deployed assets (except where such losses are caused by a user’s act or omission), and such losses shall not be borne by the user. However, by engaging with Quantia you acknowledge that there is a risk that Quantia may become unable to repay its obligations to its creditors, in which case your funds may be lost, in whole or in part.

The rewards Quantia pays users for transferring their crypto assets are determined on a daily basis, based on a variety of considerations, including market conditions, demand and supply of a particular crypto asset, interest rates in the fiat markets and Quantia's’ own inventories and cost of capital. While Quantia strives to maintain stable reward rates over time, any change in circumstances may bring about changes to such rates, and in some events the rates may drop to 0%. Users will be updated of any change to reward rates on a weekly basis, and may choose to discontinue using the ‘earn’ service at any time.

Using Quantia's ‘borrow’ service (allowing users to borrow fiat/stablecoin from Quantia against crypto asset collateral) involves the risks of margin calls and liquidations - in the event that the value of your collateral drops below a certain level, Quantia may require you add additional collateral or return a portion of your loan, and if you fail to do so within the timeframe set by Quantia and the value of your collateral continues to drop - Quantia may liquidate your collateral and close your loan.

Quantia does not offer custodial or fiduciary services to you, and does not hold your crypto assets as your custodian or on your behalf. Your Quantia account is not a deposit, checking or savings account, and it is not covered by insurance against losses. We may lend, sell, pledge, hypothecate, assign, invest, use, commingle or otherwise dispose of assets to counterparties, using our best commercial and operational efforts to prevent losses.

Legislative and regulatory changes or actions at the state, national, or international level may adversely affect Quantia's ability to continue to provide some or all of its services in any jurisdiction, continue to support any particular crypto asset or continue to serve any specific user or group of users. Quantia can not guarantee the continued and uninterrupted provision of the services to you.

Quantia's systems, as well as those of third parties utilized by Quantia, may be subject to errors, bugs, disruptions, interruptions and communication failures, which may result in delays, errors, temporary suspension or inaccessibility of the services, which might cause damages or losses to the user of the services.

Crypto assets are not legal tender, Quantia is not a bank or depository institution, and your Quantia account is not a deposit or savings account. Crypto assets in your Quantia account are not held by Quantia as a custodian or fiduciary, are not insured by any private or governmental insurance plan (including the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC)), and are not covered by any compensation scheme (including the Financial Ombudsman and Financial Services Compensation Scheme (FSCS)).

Quantia.io

Quantia Trading SAS

Montevideo, Uruguay