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All investments carry risk. Different investment strategies carry different levels of risk depending on the financial products that make up the strategy. Generally, financial products with the potential for the highest returns may also carry the highest risk.

Your level of acceptable risk will vary compared to other investors’ risk appetite and will depend on a range of factors such as your age, your investment timeframe, how comfortable you feel about exposing your capital to risk, the nature and size of other investments you hold and the extent to which Cloud Mining fit into your overall financial plan.

The nature of Cloud Mining allows Cryptxtr to have a control or influence over the performance or return of investment on Cloud Mining. It is important to note that no return is guaranteed. Future returns may differ from past returns and Clients may lose some or all of their money invested. Additionally, laws (including tax laws) that affect Cloud Mining may change in the future which may have an adverse effect on your returns.

This section include the significant risks that may affect your investments with Cryptxtr.

1. Concentration risk

The risk that investing in a limited number of Miners (i.e. one or a limited few financial instruments) will result in the value of your investment being more volatile than if you invested in a more diversified investment strategy. This is because your investment is exposed to a smaller range of assets and is therefore more sensitive to fluctuations in the value of those assets.

2. Counterparty risk

A key area of risk associated with Cloud Mining is the counterparty risk borne by Clients, i.e. the potential for the issuer to be unable to fulfil its obligations resulting in loss for the Clients. As Cryptxtr issues the Cloud Mining, you are dealing with Cryptxtr as the counterparty to every transaction. You will therefore be exposed to the financial and business risks, including credit risk, associated with dealing with Cryptxtr.

Each Miner is an over-the-counter contract and is not traded on an exchange or market. You will not be able to transfer or assign the Miner to any other person. Cloud Mining are not guaranteed by an exchange or clearing house, and Clients therefore face the risk that Cryptxtr may fail to meet some or all of its obligations.

You are reliant on Cryptxtr's ability to meet its counterparty obligations to you to settle its relevant obligations. If Cryptxtr were to become insolvent, then we may be unable to meet our obligations to you in full or at all. In this case, the Clients may become unsecured creditors in an administration or liquidation and will not have recourse to any underlying assets in the event of insolvency. Clients must rely on Cryptxtr to have in place appropriate arrangements to minimise the risk that it will not be able to meet its obligations.

3. Derivative risk

Cloud Mining are derivative financial products. The value of a derivative is linked to the value of an underlying asset and can be highly volatile. Risks associated with using derivatives may include, but are not limited to, the value of the derivative failing to move in line with that of the underlying asset and the potential illiquidity of the derivative. While the use of derivatives can offer the opportunity for higher returns, it can also magnify your losses.

4. Execution risk

There are a number of risks relating to our ability to execute an order placed (both in opening and closing a Position) on the Cloud Mining Platform. These include:

4.1 Slippage / Gapping

There are occasions when there are larger than ordinary 'gaps' in the depth of orders on both the buy and sell side. This is usually due to a change in liquidity circumstances and effects the volatility and volume of available matching orders. This is commonly referred to as 'slippage'. It will generally occur prior to, during and subsequent to the release of fundamental news where major financial institutions have removed their orders from the liquidity markets pending the outcome of that news.

This creates conditions where orders are difficult to execute at desired prices, as there are large 'gaps' in the buying and selling depth of a particular currency pairing or precious metal.

This can cause significant losses where this occurs when we are attempting to automatically close your position or where you have placed a stop loss at a particular point. The next best available price may be significantly lower than the trigger point for an automatic close of your position or your elected to place a stop loss.

4.2 Reject/reset orders

Conditions may arise that make it difficult to execute orders at the given price due to an extremely high volume of orders and/or available liquidity. By the time orders are able to be executed, the invest price at which Cryptxtr (or its counterparty) is willing to execute a position may be several GH/s away.

4.3 Regulatory risk

The risk that changes in government policies, regulations and laws may affect the value of your investment. You may be exposed a change in laws and regulations that materially impact on Cryptxtr or the countries in which the currency positions you hold relate to.

A change in laws or regulations can also increase the costs of operating a business, or Cryptxtr's ability to offer particular financial instruments.

4.4 Systems risk

The operational systems risk inherent in online trading systems apply to every trade placed. This includes disruptions to communications, IT systems, software or hardware errors or other events that delay, interrupt or otherwise effect our systems operation.

In the event such a disruption to our systems does occur you may suffer a financial loss or loss of opportunity. In accordance with our Important Disclosure, Cryptxtr makes no warranties and is not liable in relation to the operation of the Cloud Mining Platform (including it software and hardware) or any other related service offered by Cryptxtr except to the that disruption is caused by the fraud or dishonesty on the part of Cryptxtr or its employees, agents or representatives.

4.5 No cooling off

There are no cooling-off arrangements for Cloud Mining. This means that when Cryptxtr arranges for the execution of a Cloud Mining, you do not have the right to return the Miner, nor request a refund of the money paid to acquire the Miner

5. Powers of Cryptxtr to terminate and/or adjust your Cloud Mining transactions

In accordance with the Important Disclosure we may at any time, with or without notice:

  1. Cancel, reject or reverse any Miner in respect of any Cloud Mining as Cryptxtr reasonably deems appropriate;
  2. Set or amend any limits for a Client's account, including without limitations in respect of order’s size, total number of Positions;
  3. Terminate a Client's account and prevent the Client from accessing the Cloud Mining Platform;
  4. Amend or void any Cloud Mining contract and in any proportion the Client may have with Cryptxtr, including without limitations adjust the price, size or value of the Miner;
  5. Refuse Orders.

Cryptxtr may exercise its rights as specified above, as a result of any of the events, which include without limitation the following:

  1. Full of partial failure of the Cryptxtr investing system, including failure of the technology constituting the marketplace trading system or any of the communications linked to the Cryptxtr investing system and the Client and/or any of the counterparties, or any other circumstance which is deemed impractical to use the Cryptxtr investing system;
  2. A breach of security of the Cryptxtr investing system;
  3. A material breach by the Client of his obligations under the Important Disclosure;
  4. Non-compliance by the Client with any applicable (relevant) law;
  5. Market conditions generally or conditions affecting a particular financial instrument make it necessary or desirable (usually under the abnormal investing conditions);
  6. Absence of liquidity or unavailability of the relevant market information for any reason beyond Cryptxtr’s control;
  7. Cryptxtr reasonably considers it is necessary for the protection of its rights.

You should consider the above mentioned powers and rights of Cryptxtr while investing in cloud mining with us.