Risk reminder on the withdrawing digital assets
- Terms & Conditions
Withdrawal operations are a risky act of asset transfer. Therefore, You are advised to carefully consider and understand clear judgment to assess Your risk capacity and the following the various risk factors of this service before making any decisions on a withdrawal operation;
Once you make a prudent decision to accept this services, it is deemed that you have read and understood all the risk reminder notice in detail, and voluntarily accept the withdrawal service of Huobi; Any and all losses arising therefrom will be borne by You exclusively and We shall not be held liable in any manner whatsoever.
Huobi makes the following risk notifications and statements:
1.Change of asset ownership: Once the assets is withdrawn to another platform or address, this asset will be controlled by the individual / platform withdrawing address;
2． Assets cannot be recovered:Once the withdrawal is completed, the platform cannot assist you in recovering the withdrawal assets;
3.Loss of assets caused by withdrawal to untrusted platforms: Due to the lure of others, withdrawal to untrusted platforms such as illegal fund disks / MLM disks(Ponzi Scheme/ Pyramid scheme), which caused assets to no longer be available from this platform;
4.To withdraw digital assets due to be defrauded:
If users are lured by arbitrage, airdrop and other interests to withdraw assets to a gambling,fraud or illegal platform, etc., You may suffer loss of assets;
5.The loan is not returned: Due to the loan relationship, withdrawing money to another person's address, as a result, the person will not return it, resulting in loss of assets;
6.Money laundering risks: Users are entrusted or enticed by others to assist others to withdraw after buying assets, which involves participating in money laundering behaviors, resulting in assisting others to commit crimes and causing individuals to be held accountable by justice;
7.Wrong address: Due to personal filling in errors, withdrawal of digital assets to the wrong address, resulting in irrecoverable assets;
8.Participation in ICO risk: ICO crowdfunding is a high-risk investment behavior, please exercise caution, and please do not directly withdraw funds to the ICO crowdfunding address, which will prevent you from receiving the digital assets raised by the crowdfunding;
9.Risks caused by irresistible factors: including but not limited to unavoidable and insurmountable force majeure events such as wars, financial market crises, natural disasters, major political events, hacker attacks, computer virus outbreaks, and any other risks that may cause losses due to the operation of currency withdrawal.The user shall bear any loss caused by force majeure and accident risk;
10.Any loss caused by user's fault: the fault includes but is not limited to: loss caused by decision-making error, improper operation, forgetting or leaking password, password being cracked by others, personal computer system being intruded by a third party, malicious or improper operation of others when entrusting others to act as agents for transactions.
Risk Reminder: this risk notice does not guarantee to prompt all risks of withdrawal operation. Users should fully understand relevant policies and regulations, carefully read the relevant service agreement or rules of the platform, and carefully consider their own risk tolerance according to their own relevant conditions before withdrawing through Huobi.
You promise and understake that you have carefully read this risk warning notice, understood all risks mentioned above, and voluntarily bear the all possible losses to you.