Risk Warning Policy

No Personal Advisory Services Provided

We do not provide personal advice in relation to our Services. We sometimes provide factual information, information about profit margins calculations, strategies to manage risk, transaction procedures and financial education. However, any decision to use our services is made by you. No communication or information provided by us is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice.

You are solely responsible for determining whether any investment, investment strategy, investment plan, investment package or related transaction is appropriate for you according to your personal investment objectives, financial circumstances and risk tolerance.

No Monitoring

FomoFi is not a broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with decisions or activities you undertake on our platform.

We expect that clients bear full responsibility for assessing their financial resources, risk tolerance, and overall understanding of the risks associated with investing in Digital Assets. We do not evaluate whether the products or services we offer are suitable for you.

We do not monitor whether using FomoFI is consistent with your financial goals, objectives, or financial situation. It is entirely your duty to assess whether any activity that you engage in is appropriate given your financial position and risk appetite.

No Tax, Regulatory or Legal Advice

It is your sole responsibility to determine what taxes you might be liable to, how and when they apply, and meet such tax obligations when transacting through our platform.

It is your responsibility to report and pay any taxes that may arise if you profit from investing with any of our products, and you acknowledge that we do not provide legal or tax advice in relation to these transactions.

If you have any doubts about your tax status or obligations when using our platform, or with respect to the Digital Assets, you are encouraged to seek independent advice.

You also acknowledge that, when, where and as required by Applicable Law, we shall report information regarding your transactions, transfers, distributions or payments to tax or other public authorities. Similarly, when, where and as required by Applicable Law, we shall withhold taxes related to your transactions, transfers, distributions or payments. Applicable Laws could also prompt us to request that you provide additional tax information, status, certificates or documentation or other information.

You acknowledge that failure to comply with these requests within the specified timeframe, may result in FomoFi withholding taxes and remit it to tax authorities as defined by Applicable Law. You are encouraged to seek professional and personal tax advice regarding the above and before investing on our platform.

Availability Risk

While we aim to deliver a seamless user experience, we cannot guarantee that our platform will not be subject to unplanned service outages or network congestion. It may not be possible for you to deposit or withdraw Digital Assets when you wish to do so.

There are legal requirements in various countries which may restrict the products and services that we can lawfully provide.

Accordingly, some products and services and/or certain functionality within the Platform, including but not limited to cryptocurrencies and fiat currency, may not be available or may be restricted in certain jurisdictions or regions or to certain Users.

Users to whom restrictions apply, are responsible for informing themselves about, and observing any restrictions and/or requirements imposed with respect to, the access to and use of our platform in their jurisdiction.

We reserve the right to modify such restrictions or impose additional restrictions with respect to the access to and use of our Platform from time to time in its sole discretion without notification.

Third Party Risk

Third parties, such as payment providers, custodians, digital asset wallet service providers may be involved in the provision of Services. You may be subject to the terms & conditions of these third parties. Unless expressly provided otherwise, we will not be responsible for any loss that may be incurred by you as a result of or arising from the services provided by such third parties.

Security Risk

The nature of Digital Assets exposes them to an increased risk of cyberattack. While FomoFi uses all reasonable efforts to safeguard Digital Assets and protect the Platform from cyberattacks, it is not possible for any exchange to eliminate security risks entirely. There can be no guarantee that systems in place to mitigate cybersecurity threats will always be effective to prevent improper access to the Platform and Digital Assets.

You are responsible for keeping your FomoFi account information safe. You will be responsible for all the deposit and withdrawal Transactions under your account, whether you authorised them or not. Transactions in Digital Assets may be irreversible, and losses due to fraudulent or unauthorised transactions may not be recoverable.

It is your sole responsibility to educate yourself on the different types of cyber attacks and security risks associated with making deposits and withdrawals on the internet and blockchain.

Risks related to Digital Assets

Given the nature of Digital Assets and their underlying technologies, there are a number of intrinsic risks, including but not limited to:

• Faults, defects, hacks, exploits, errors, protocol failures or unforeseen circumstances occurring in respect of a Digital Asset or the technologies or economic systems on which the Digital Asset rely.
• Transactions in Digital Assets being irreversible. Consequently, losses due to fraudulent or accidental/mistaken transactions may not be recoverable.
• Technological developments leading to the obsolescence of a Digital Asset.
• Network delays causing transactions to not be settled on the scheduled delivery date.
• Attacks on the protocol or technologies which a Digital Asset uses.
• Digital Assets are subject to the risk of fraud or cyber attacks.
• Digital Assets purchased and held on FomoFi are not covered by any external investor compensation, customer asset protection, deposit protection, insurance or other similar schemes.
• New risks may arise from time to time, the Digital Asset and other financial markets are subject to speculative interest, rapid price swings and uncertainty.

Reliability and Risks of Electronic Communications

FomoFi provides electronic communication channels such as email and live chat, to facilitate client interactions. While these methods are generally reliable, technical issues may arise.

If you choose to register with us, or when you communicate with us, you acknowledge the inherent risks, including potential failures, delays, security vulnerabilities, or messages not reaching their intended destination at the intended time.

Legal and Regulatory Risks

Most Digital Assets operate without a central authority and are generally not backed by any government or authority. Changes in laws and regulations may materially affect the value of Digital Assets. This risk is unpredictable and may vary from market to market.

Further, Digital Assets may not be considered "property" under Applicable Laws in some jurisdictions. This may affect the nature and enforceability of your interest in the Digital Assets.

Legislative and regulatory changes may adversely affect or restrict (as applicable) the use, transfer, exchange and value of Digital Assets, as well as accessibility to our products and services in certain jurisdictions. Legislative and regulatory changes may occur quickly and without prior notice.

It is your sole responsibility to determine how the legal regulations in relation to digital assets apply to your specific situation.

Earn Risk

Our ability to return your investment or digital asset may be adversely affected or delayed due to various different factors which are including but not limited to, network errors, or extreme volatility in the markets.

In extreme and exceptional circumstances, we may have insufficient liquid assets immediately available to satisfy requests urgently and in a timely manner.

While we have processes in place to monitor, manage and minimise risk, we may spread out risk concentration, by for example, temporarily limiting the maximum amount that a user is able to withdraw.

Risks Associated With Physical Gifts

FomoFi may offer users physical gifts including but not limited to: earbuds, smartwatches, iPhones, laptops, or vehicles (collectively, "Physical Gifts") as part of upgrades, promotional campaigns or reward programs.

By participating in any program offering Physical Gifts, you acknowledge and accept these risks and limitations, and you agree that FomoFi shall not be liable for any loss, damage, delay, tax liability, or inconvenience arising from the delivery, use, or receipt of such items.

While we aim to ensure a smooth and timely experience, users should be aware of the following risks and limitations associated with the receipt of such items:

• Delivery Times: Delivery of Physical Gifts is subject to availability and may be delayed due to factors beyond our control, including supply chain issues, high demand, geographic location, or delays from third-party logistics providers.
• Customs, Duties, and Import Regulations: If you are located outside the country of dispatch, you may be subject to additional import duties, customs taxes, or regulatory compliance requirements. These charges and compliance obligations are the sole responsibility of the recipient. FomoFi will not cover, reimburse, or advise on such costs.
• Shipping and Handling Risks: Physical Gifts are shipped via third-party courier or logistics services. Once an item has been handed over to the delivery provider, FomoFi bears no responsibility for loss, theft, or damage incurred during transit. Users should contact the shipping provider directly for any issues related to delivery or condition of the item upon receipt.
• Product Warranties and Returns: FomoFi does not offer warranties, repairs, or returns for Physical Gifts. Any warranty or post-sale service (if applicable) is subject to the manufacturer's terms and must be handled directly with the manufacturer or authorized service centers.
• Eligibility and Substitution: Receipt of Physical Gifts may be subject to specific eligibility criteria, verification procedures, or local legal limitations. FomoFi reserves the right to substitute a gift with one of equal or greater value or cancel the issuance of the gift entirely, without prior notice, where deemed necessary.
• Limitations by Jurisdiction: Certain Physical Gifts (e.g., vehicles or electronics) may not be deliverable or usable in all jurisdictions due to regulatory restrictions, import bans, or licensing requirements. It is your responsibility to confirm the legality and usability of the gift in your region.
• Tax Implications: Receipt of a Physical Gift may be considered a taxable event in your jurisdiction. You are solely responsible for reporting the gift to your local tax authority and for paying any applicable taxes, levies, or charges. FomoFi does not provide tax advice and recommends that you consult with a qualified tax professional regarding your individual obligations.