Risk Disclosure

1. Overview

This Risk Disclosure statement outlines the material risks associated with using the SchnelPay platform and engaging in cryptocurrency transactions. Please read this document carefully before using the Service.

Cryptocurrency and blockchain technology involve significant risks. You should not use SchnelPay or engage in cryptocurrency transactions unless you fully understand these risks and can bear potential losses.

2. Market Risk

Cryptocurrency markets are highly volatile and speculative. The value of any cryptocurrency can fluctuate dramatically within short periods due to:

• Supply and demand dynamics
• Regulatory announcements or government actions
• Technological developments or failures
• Market sentiment and media coverage
• Macroeconomic factors

You may lose all or a substantial portion of any cryptocurrency you hold or transact. SchnelPay is not responsible for any losses resulting from market movements.

3. Technology Risk

Blockchain technology and cryptocurrency systems carry inherent technology risks including:

• Irreversibility: Confirmed blockchain transactions cannot be reversed or cancelled
• Smart contract bugs: Code vulnerabilities may result in loss of funds
• Network congestion: High transaction fees or delays during peak periods
• Protocol changes: Hard forks or upgrades may affect token values
• Wallet errors: Sending to incorrect addresses results in permanent loss

4. Regulatory Risk

The regulatory landscape for cryptocurrency is rapidly evolving. Regulatory actions may include:

• Prohibition or restriction of cryptocurrency activities in certain jurisdictions
• New licensing or compliance requirements
• Tax treatment changes affecting cryptocurrency transactions
• Exchange or platform shutdowns due to regulatory action

You are responsible for understanding and complying with all laws and regulations applicable to your cryptocurrency activities in your jurisdiction.

5. Security Risk

Despite our implementation of QuantumShield™ — ML-DSA-65 + ECDSA post-quantum cryptography — no system is completely immune to security threats. Risks include:

• Phishing attacks targeting your credentials
• Malware or keyloggers on your device
• Social engineering attacks
• Loss or theft of private keys

SchnelPay is non-custodial — we never hold your private keys. Loss of your private keys means permanent loss of access to your crypto assets.

6. Liquidity Risk

Certain cryptocurrencies may have limited liquidity, meaning you may not be able to buy or sell at your desired price or time. Thin markets can result in significant price slippage and difficulty exiting positions.

7. No Financial Advice

Nothing on the SchnelPay platform constitutes financial, investment, legal, or tax advice. We are a payment infrastructure provider, not a financial advisor, broker, or investment manager.

You should consult qualified professional advisors before making any financial decisions involving cryptocurrency.

8. Contact

SchnelPay LLC
38588 Kirk Ter, Fremont, CA 94536
Email: [email protected]