Last updated 28 February 2026
This Risk Disclosure (the “Disclosure”) applies to the services provided by AMX Payments Inc., a Money Services Business (“MSB”) incorporated in British Columbia, Canada.
Company Details:
AMX Payments Inc.
Incorporation Number: BC1571192
300 – 222420 Dewdney Trunk Road
Maple Ridge, British Columbia, Canada, V2X 3J5
MSB Registration Number: N300000022
1. General Risk Notice
By accessing or using the Services, you confirm that you do so voluntarily and assume all associated risks. Activities involving digital assets are inherently risky and may expose you to significant financial loss, including as a result of price volatility, operational issues, technological failures, or regulatory developments. Bitsbazar does not guarantee any profit or protection against losses arising from digital asset transactions.
Holding, and transferring cryptocurrencies and digital assets involve significant risk. Digital asset markets are highly volatile and may experience rapid and substantial price fluctuations. By using the Bitsbazar platform, you acknowledge and accept that you fully understand the risks associated with cryptocurrency and agree to assume full responsibility for any decisions you make.
Bitsbazar does not provide financial, investment, legal, or tax advice. All information available on the platform is provided for informational purposes only and should not be interpreted as professional advice.
Users should carefully assess their financial situation, investment objectives, level of experience, and risk tolerance before engaging in digital asset activities. Cryptocurrency may not be suitable for all users. You remain solely responsible for determining whether the use of the Services is appropriate for your financial situation, investment objectives, and risk tolerance.
2. Market Volatility and Market Risk
Cryptocurrency markets operate continuously and are highly volatile. Prices of digital assets may increase or decrease significantly within a short period of time due to market demand, liquidity conditions, regulatory announcements, technological developments, or macroeconomic factors.
Markets may also be affected by:
Users should be aware that they may lose part or all of the funds used for purchasing or held in digital assets.
3. Liquidity Risk
Certain digital assets may have limited liquidity. Low liquidity may affect your ability to buy or sell assets at desired prices or within expected timeframes. Orders may be partially filled, delayed, or executed at prices different from those displayed on the platform.
Slippage may occur in volatile or illiquid markets. Bitsbazar does not guarantee the availability of buyers or sellers for any asset listed on the platform.
4. Regulatory and Legal Risk
The regulatory environment for cryptocurrencies and digital assets varies across jurisdictions and continues to evolve. Changes in laws, regulations, taxation, or government policies may impact the availability of Bitsbazar services, the legality of digital assets, or your ability to trade them.
Users may be subject to jurisdictional restrictions, reporting obligations, or service limitations. Bitsbazar cannot guarantee that the platform or any specific digital asset will remain available in all jurisdictions or under all regulatory conditions.
5. Technology Risk
The use of blockchain networks, smart contracts, and digital asset systems involves technological risks, including but not limited to:
Additionally, smart contract vulnerabilities or design flaws may result in loss of funds or unintended outcomes. Such events may result in transaction delays, asset loss, or temporary service disruptions.
6. Security Risk
While Bitsbazar implements security measures designed to protect user accounts and digital assets, no platform can guarantee absolute security.
Risks include, but are not limited to:
Users are responsible for maintaining the security of their accounts, including protecting login credentials, enabling security features such as two-factor authentication, and safeguarding personal devices. Unauthorized access may result in financial losses.
7. Irreversibility Risk
Digital asset transactions are generally irreversible. Once executed, transactions cannot be undone or recovered, even in cases of error or fraud. Users should carefully consider their custody strategy and understand the risks associated with storing their personal assets online.
8. Third-Party and Counterparty Risk
Bitsbazar may rely on third-party service providers such as payment processors, blockchain infrastructure providers, liquidity providers, and identity verification services.
Failures, disruptions, or insolvency of such providers may impact the availability or performance of the platform. Users are exposed to counterparty risk, including the potential failure of intermediaries or service providers.
Bitsbazar is not responsible for losses caused by third-party service providers.
9. User-Controlled Wallets and Security
AMX Payments Inc. operates on a non-custodial basis and does not hold, manage, or control users’ private keys or digital wallets.
You acknowledge that:
10. No Professional Advice or Recommendations
AMX Payments Inc. does not offer or undertake to provide investment, financial, legal, or tax advice.
All information made available through the platform, customer support, or marketing materials is provided for general informational purposes only and must not be relied upon as professional advice.
You are solely responsible for any decisions to buy, sell, or exchange digital assets.
11. Trading Risk
Users are solely responsible for their activities with digital assets purchased on the Bitsbazar platform. Bitsbazar is a non-custodial exchange platform and does not provide custody and trading functionality. Your further trading decisions made based on personal judgment, market speculation, or third-party information may result in financial losses.
Cryptocurrency trading may not be suitable for all investors, particularly where exposure is not aligned with financial capacity, investment objectives, or risk tolerance. Users should carefully evaluate their financial situation and risk tolerance before engaging in digital asset trading.
Bitsbazar does not provide any investment advice, guarantee profits, trading outcomes, or investment returns.
12. User Indemnity Obligations
To the fullest extent permitted by applicable law, you agree to indemnify, defend, and hold harmless AMX Payments Inc., its affiliates, directors, officers, employees, and partners from and against any claims, liabilities, damages, losses, or expenses arising from:
13. Foreign Exchange (FX) Risk
The value of digital assets may be affected by fluctuations in fiat currency exchange rates (e.g., EUR or USD relative to cryptocurrencies). These fluctuations may impact the value of your holdings.
14. Stablecoin Risk
Stablecoins may be subject to specific risks, including:
Such events may lead to sudden loss of value or reduced liquidity.
15. DeFi and Protocol Risk (if applicable)
Participation in decentralized finance (DeFi) activities may involve additional risks, including:
These risks may result in loss of funds or unexpected outcomes.
16. Staking Risk (if applicable)
Staking activity risks may involve:
Users should carefully evaluate these risks before participating in staking activities.
17. Operational Risk
Operational risks include:
Such events may result in delays, loss of funds, or inability to access services.
18. No Warranty
The Bitsbazar platform and its services are provided on an “as is” and “as available” basis. Bitsbazar makes no warranties regarding the accuracy, completeness, reliability, or availability of the platform or its services. We do not guarantee that the platform will operate without interruptions, delays, or errors.
19. Limitation of Liability
To the maximum extent permitted by applicable law, Bitsbazar shall not be liable for any losses, damages, or claims arising from:
Users acknowledge that all activities are conducted at their own risk.
Bitsbazar reserves the right to suspend, restrict, or delay Services in circumstances involving extreme market conditions, technical issues, or other disruptions.
When Services resume, pricing and market conditions may differ significantly from those previously available. Bitsbazar shall not be responsible for any resulting losses, to the extent permitted by applicable law.
20. User Responsibility
By using the Bitsbazar platform, you confirm that:
21. Policy Updates
Bitsbazar reserves the right to modify this Risk Disclaimer at any time to reflect changes in regulatory requirements, industry practices, or platform services. Updated versions will be published on the Bitsbazar website. Continued use of the platform constitutes acceptance of the updated disclaimer.
22. Compliance with Applicable Laws and Reporting Obligations
AMX Payments Inc. is subject to applicable Canadian anti-money laundering and anti-terrorist financing laws and regulations.
You acknowledge that AMX Payments Inc. is required to report certain transactions and activities to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), and may be legally restricted from disclosing whether such reports have been made.
23. Contact Information
If you have questions regarding this Risk Disclaimer, please contact:
Bitsbazar Support
Email: [email protected]
www.bitsbazar.com
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