Risk Disclosure

The purpose of this Risk Disclosure is to inform customers of the potential risks involved in using the services provided by Getcoins.com.au, operated by BA Digital Ventures Pty Ltd (ACN 646 421 605, ABN 30 646 421 605). By using our services, you acknowledge that you have read, understood, and accept the following risks.

1. Market Risk

• Cryptocurrencies are highly volatile and may experience sudden and significant fluctuations in value.
• The value of AUDD (Australian Dollar Digital) is intended to remain stable at 1:1 with AUD, but availability, liquidity, or technical factors may affect usage.
• You may lose some or all of the funds exchanged for crypto assets.

2. Irreversibility of Transactions

• Once a cryptocurrency transaction has been confirmed on the blockchain, it is final and cannot be reversed.
• You are solely responsible for ensuring the accuracy of wallet addresses and bank account details.
• Getcoins is not responsible for transactions sent to incorrect addresses or stolen due to user error.

3. Regulatory and Legal Risks

• Cryptocurrencies are subject to evolving laws and regulations. Future changes may impact the use, transfer, or legality of digital assets.
• Getcoins operates under current Australian law and AUSTRAC regulation but cannot guarantee that future changes will not affect your access to services.
• Changes in regulation may result in service restrictions or modifications.

4. Technology and Security Risks

• Using digital wallets, exchanges, and blockchain networks carries inherent risks, including hacking, malware, phishing, and system failures.
• Getcoins is non-custodial and does not store your funds. You remain solely responsible for the security of your wallet and private keys.
• Loss of access to your wallet or private keys may result in permanent loss of funds.
• Blockchain networks may experience congestion, delays, or technical issues that affect transaction processing.

5. Counterparty and Compliance Risks

• All transactions are subject to AML/CTF checks. Delays or cancellations may occur if transactions are flagged for review.
• Getcoins may refuse service if required by law, sanctions, or regulatory obligations.
• We reserve the right to freeze, cancel, or reverse transactions that violate our Terms of Service or applicable law.

6. Tax Obligations

• You are responsible for determining, reporting, and paying any taxes that apply to your use of cryptocurrencies or stablecoins in accordance with Australian law.
• Cryptocurrency transactions may have tax implications, including capital gains tax.
• Getcoins does not provide tax advice. Consult with a qualified tax professional.

7. No Financial Advice

• Getcoins does not provide financial, investment, or tax advice.
• All information provided on our platform is for informational purposes only.
• You should seek independent professional advice before making any decision involving cryptocurrencies or AUDD.
• Past performance is not indicative of future results.