Cryptocurrency and related digital assets involve substantial risks. This Risk & Disclaimer statement is intended to highlight some of the key risks associated with using the PrimeOnramp Service and third-party on-ramp providers. It does not cover every possible risk.
This text is provided as a general template only and should not be relied upon as legal, financial, or investment advice. Consult with professional advisors before offering or using crypto services.
1. No Financial or Investment Advice
PrimeOnramp does not provide financial, investment, tax, or legal advice. Any information made available through the Service is for general informational purposes only and should not be considered a recommendation or solicitation to buy, sell, or hold any cryptocurrency or digital asset.
2. Volatility and Loss of Value
Cryptocurrencies and digital assets can be highly volatile. The value of an asset can change rapidly, and you may lose part or all of the funds used to purchase such assets. Past performance is not indicative of future results.
3. Regulatory and Legal Risk
Laws and regulations governing cryptocurrencies are evolving and may vary across jurisdictions. Changes in regulation, enforcement actions, or new legal requirements may affect the availability, legality, or use of certain assets or services. It is your responsibility to ensure that your use of the Service and any related activities comply with applicable law.
4. Third-Party On-Ramp Providers
PrimeOnramp connects users and partner platforms to third-party on-ramp providers. These providers are independent entities and are not controlled by PrimeOnramp. Your interactions with them are governed by their own terms, policies, and risk disclosures. We are not responsible for any losses, service interruptions, security incidents, or disputes arising from third-party providers.
5. Technology, Security, and Operational Risks
Use of digital assets involves technology and operational risks, including but not limited to: software bugs, network congestion, hardware failures, cyberattacks, phishing attempts, compromised wallets, and incorrect transaction details (such as erroneous wallet addresses). Transactions in most blockchain systems are irreversible, and errors may result in permanent loss of funds.
6. No Custody or Guarantee
PrimeOnramp does not custody or guarantee user funds or digital assets. Crypto purchased via on-ramp providers is delivered directly to wallet addresses specified in the transaction flow. You are solely responsible for securing and managing your wallets, private keys, and any associated recovery mechanisms.
7. Eligibility and Restricted Activities
Certain activities, jurisdictions, and user types may be restricted or prohibited by on-ramp providers or by law. It is your responsibility to ensure that you and your end users are eligible to use the relevant services and that your activities do not violate any applicable laws or provider restrictions.
8. Limitation of PrimeOnramp’s Responsibility
To the maximum extent permitted by law, PrimeOnramp shall not be responsible or liable for any losses, damages, or claims arising out of or related to the risks described in this statement or the use of cryptocurrencies, third-party on-ramps, or the Service.