Risk
Bullbit is a decentralized trading platform that enables users to self-custody their assets and interact directly with smart contracts on the blockchain. Participation in digital asset trading and DeFi products carries inherent risks. By using Bullbit, users acknowledge and agree that:
Market Risk
Digital asset prices can be highly volatile and unpredictable. Users are fully responsible for any gains or losses resulting from trading activities, particularly when using leverage on the Perp DEX.
Smart Contract Risk
Although Bullbit smart contracts undergo audits and extensive testing, no system is completely immune to bugs, vulnerabilities, or malicious exploitation.
Liquidation Risk
When leverage is used, rapid market movements may trigger liquidation, causing partial or total loss of collateral.
System & Network Risk
Network congestion, validator failure, blockchain outages, or RPC interruptions may impact order execution and platform accessibility.
Regulatory & Compliance Risk
Digital asset regulations vary by jurisdiction. Users are responsible for ensuring their use of Bullbit complies with local laws and regulations.
Bullbit is not responsible for losses arising from user trading activities. Digital asset trading involves risk. Please evaluate your financial situation and manage risk prudently.
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