By utilizing the services related to X Layer (collectively, the "Services") provided by Metax Technology Company Limited and/or its affiliates ("X Layer"), you acknowledge that you have read, understood, and agreed to this Risk Disclosure Statement and all applicable User Agreements. These terms govern your access to and use of the Services, and your engagement constitutes legal acceptance. If you do not agree, refrain from using the Services.
Key Risks and Disclaimers
1. Informational Purpose Only
The X Layer information pages are for educational purposes only. X Layer does not endorse or guarantee the accuracy of third-party content, nor does it constitute financial, legal, or investment advice.
2. Market Volatility
Digital assets are highly volatile and may lose value due to:
- Technical factors (e.g., blockchain protocol changes).
- Regulatory shifts (e.g., new laws impacting asset legality).
- Market sentiment (e.g., speculative trading).
👉 Learn how to mitigate volatility risks
3. No Fiduciary Relationship
X Layer is not your broker, advisor, or agent. You are solely responsible for:
- Evaluating risks.
- Consulting financial/tax professionals.
- Making informed decisions about buying, selling, or holding assets.
4. Third-Party Projects and DApps
Projects accessed via X Layer are independent third-party offerings. Risks include:
- Early-stage failures (e.g., undeveloped ecosystems).
- Liquidity shortages (no guaranteed market for assets).
- Regulatory actions against project teams.
👉 Explore secure DApp interactions
5. Legal and Tax Compliance
- Jurisdictional risks: Services may be restricted in your region.
- Tax obligations: You must report and pay applicable taxes on transactions.
User Responsibilities
Due Diligence
Conduct independent research before engaging with:
- Decentralized applications (DApps).
- Third-party projects.
- Digital asset transactions.
Indemnification Clause
By using the Services, you agree to:
- Waive claims against X Layer for damages (known/unknown).
- Indemnify X Layer for losses arising from your use, including legal fees.
FAQ Section
1. Is X Layer responsible for my investment losses?
No. You assume all risks related to digital asset transactions.
2. Can X Layer guarantee project success?
No. Third-party projects carry inherent risks, and X Layer does not endorse them.
3. How do I stay compliant with tax laws?
Consult a tax professional to understand obligations in your jurisdiction.
4. What if a DApp fails or is hacked?
X Layer is not liable. Review the DApp’s security audits and terms before use.
Final Notes
This Statement and linked User Agreements constitute the entire understanding between you and X Layer. Always prioritize risk awareness and professional guidance.