Risk Disclaimer

Warning

Prediction markets and expert trading involve substantial risk of loss. JellyTrade is not a financial advisor, and nothing on this platform constitutes financial advice. Do not invest money you cannot afford to lose.

Past Performance

Past performance of forecasters does not guarantee future results. Track records are historical data points, not indicators of future success. No positive record ensures the repeat of trading success in the future.

Expert Performance Risk

Forecasters may have good or bad streaks. Allocating funds to an expert does not guarantee profits. You may lose some or all of your allocated capital.

Market Risk

Crypto and prediction markets are highly volatile and extremely risky. Prices can move dramatically in short periods. You should be prepared to lose the funds you allocate.

No Guarantees

JellyTrade does not guarantee any specific return on investment. Profit sharing is based on actual trading results, which may be positive or negative.

Not Financial, Legal, or Tax Advice

This platform is for informational and entertainment purposes only. JellyTrade is not an investment, financial, legal, or tax advisor. Any information provided is general in nature and purely for informational purposes. Consult a qualified financial advisor before making any investment decisions.

User Responsibility

You are solely responsible for your allocation decisions. JellyTrade provides tools and data, but you make the final choice on which forecasters to allocate funds to. Always check past performance, verify track records, and allocate carefully. You bear full responsibility for any losses incurred as a result of the trading activities of forecasters.

No Custody

JellyTrade does not take custody of user funds. Funds are held and managed by third-party platforms. Your funds are not insured by any government agency or public authority. They are at risk of total loss from security breaches, electronic or technological failures, and JellyTrade insolvency or bankruptcy.

Technical Risk

JellyTrade may experience downtime, technical issues, or service interruptions. You assume all risk related to platform availability and functionality. Disruptions in operational processes such as communications, computers, computer or mobile networks, or external events may lead to delays in execution and settlement. You bear certain risks from power cuts, wrong settings of your equipment, or untimely updates of your terminal.

Slippage Risk

When trading, slippage may occur. Slippage is the difference between the expected price of a transaction and the price the transaction is actually executed at. Slippage often occurs during periods of higher volatility. Your order may not be filled at the quoted price.

Liquidity Risk

Trading in crypto and prediction markets is riskier, less liquid, and more volatile. There is a risk that there may be limited volume and liquidity which may result in delays in order execution, and potentially, some orders may not be executed.

Pricing Risk

Digital Asset Exchanges may use their own or a third-party methodology for calculation of prices, which may differ from publicly-reported prices. The methodology and sources for calculating prices may change at any time without notice. This may affect the profitability or losses of your trades. JellyTrade is not responsible for any direct or consequential losses arising from changes in pricing methodology.

Cybersecurity Risks

There have been many documented incidents of thefts and attempted thefts of Virtual Assets. Due to the rapidly evolving nature of cryptocurrency, there is always a risk of vulnerability to theft. Cyberattacks, including malware attacks, denial of service attacks, coordinated attacks, and account takeovers may negatively affect the Services and the value of Virtual Assets traded through the Services. You are responsible for maintaining adequate security and control of your user IDs and passwords. You are strongly encouraged to use two-factor authentication. If you suspect unauthorized use of your account, notify JellyTrade immediately. JellyTrade assumes no liability for any loss or damage arising from access to your account by you or any third party.

Regulatory Risk

JellyTrade is not regulated or supervised by any regulatory body. You understand your responsibility to comply with all laws, regulations, and directives of your place of residence before using the Services. The Services shall not be accessed or used in jurisdictions where they are not permitted. Regulation of crypto and blockchain technologies lacks uniformity and is unsettled in many jurisdictions. There is no guarantee that new laws or regulations will not adversely affect the Services or the value of Virtual Assets traded through the platform.

Insolvency Risk

JellyTrade's insolvency or default may lead to positions being liquidated or closed out without your consent. In certain circumstances, you may not recover the Virtual Assets held in your account.

Fiscal Risk

There is a risk that your trades through the Services may be or become subject to tax and/or any other duty due to changes in legislation or your personal circumstances. JellyTrade does not offer tax advice. You are responsible for any taxes and/or any other duty which may accrue in respect of your trades through the Services. Tax laws and regulations are highly complex and subject to interpretation, especially when cross-border transactions and multiple tax jurisdictions are involved.

Accuracy of Information

Although JellyTrade uses its best efforts to keep information related to the Services as accurate, complete, and up to date as possible, there is a risk that the information may not be accurate, complete, or up to date.

Force Majeure

In case of a Force Majeure Event, JellyTrade may not be in a position to arrange for the execution of user orders or fulfil its obligations under the Terms. As a result, you may suffer financial loss. JellyTrade will not be liable or have any responsibility for any type of loss or damage arising out of any failure, interruption, or delay in performing its obligations where such failure, interruption, or delay is due to a Force Majeure event.

Fees

Our schedule of fees is published on our website. Our Schedule of Fees may change at any time, at our discretion. Forecasters may charge commissions in the form of Success Fees on trading profits. Success Fees are set by forecasters at their own discretion.

Minors

JellyTrade is not available to anyone under 18. We do not collect personal data from minors.

Contact: support@jellytrade.xyz | Jurisdiction: BVI