You should carefully consider and evaluate all risk factors before trading with us. We do not provide any advice, and do not consider your individual needs and goals. You should carefully consider whether trading with us, trading in Digital Currencies and trading on a leveraged basis is suitable for you. If you don’t understand, or cannot afford to take, all the risks involved, you should not trade with us.

PLEASE NOTE THAT BITCOIN BASED TRADING, WHEN TRADED ON A LEVERAGED BASIS CARRIES A HIGH LEVEL OF RISK OF LOSING ALL OF YOUR INITIAL BITCOIN INVESTMENT AND MAY NOT BE SUITABLE FOR ALL INVESTORS. BITCOIN BASED TRADING ARE OF EXTRAORDINARILY HIGH RISK. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW BITCOIN BASED TRADING WORKS AND WHETHER YOU CAN AFFORD TO TAKE THE HIGH RISK OF LOSING ALL OF YOUR DEPOSITED BITCOIN FUNDS.

Below are some of the risks involved in your trading with us: For this reason, we urge you to carefully evaluate your trading aims, your level of trading and trading experience, your personal risk capacity, etc., before you make any trades on the platform.

The following are the probable risks that the user may face when trading with RHONA LIFE (PTY) LTD:

• Leverage Risk: Trading bitcoin on a leveraged basis carries a high level of risk and may not be suitable for all traders. Trading in leveraged financial instruments can work in your favor, as well as against you, and may cause fast losses, of up to your entire trading amount.
• Counterparty Risk: RHONA LIFE (PTY) LTD acts as a counterparty for all the transactions you make on our platform. When you sell your cryptocurrency, the platform acts as a buyer and when you buy a cryptocurrency, the platform acts as a Therefore, the user is exposed to the risks of the platform not repaying its obligations. In circumstances where the Company becomes insolvent, there is a risk of zero security on the debt or obligation made to you by the platform.
• Volatility Risk: The volatile nature of cryptocurrencies or digital currencies subjects the user or the owner of the cryptocurrency to unpredictable losses. Therefore, RHONA LIFE (PTY) LTD does not guarantee any sustenance of the price of the digital currency in the The user is requested to be aware of the market trends and invest or trade in accordance with his or her own risk capacity.
• Liquidity Risk: The digital currency is also very unpredictable when it comes to Some can be highly liquid, while others can be non-liquid at any given time. Therefore, assurance that a company or a third party will buy the digital currency can’t be guaranteed. In addition, please note that RHONA LIFE (PTY) LTD can delist or cease the trading of any digital currency or trading pair at any point in time without issuing any notice.
• Security Risk: Bitcoins which are stored in one’s account on any trading platform are vulnerable to risks such as hacking, ransom or theft by malicious actors. In the cases, when the digital currencies get stolen, retrieving or tracing the digital currencies may not be possible.
• Technological Risk: Blockchain technology, upon which the digital currencies are based on, work as per the peer- to -peer networking and cryptography. This system is under the scrutiny of various regulatory bodies around the world. There is always a risk of the entire system collapsing at any time. Also, there is a risk of any technical difficulties to potentially prevent the access or use of the digital currency by the user.
• Operational Risk: There is always a risk of an unpredictable operational downtime that can hinder or block the access, or any processing of transaction/s made by the user on the platform at any given point of time. This may cause an inherent unforeseen loss or prevention of materializing of any profit.
• Regulatory Risk: Cryptocurrency and the digital currency, at the moment, are not fully regulated around the It is subject to many kinds of regulations by various countries. Therefore, the regulation around digital currencies is subject to a change in incurring the user with a negative and material impact, because of unforeseen little or no value of the digital currency due to any new regulation introduced by any country. Regulatory inquiries or actions, including, without limitation, the licensing of or restrictions on the use, sale, or possession of digital currency, could impede, limit or end the services or your ability to trade the digital currency at any point.
• Market Manipulation Risk: Market manipulations in the form of “pump and dump” schemes by companies, third parties in the market may have an effect on the prices of the digital currency. Therefore, the user is requested to be aware of the ongoing market trends and then make their trading and trading decisions.
• Value Risk: Digital currencies are not centrally backed. Their value is therefore, backed by technology and trust. The protection of the value of digital currencies is therefore not guaranteed. It also challenges the assurance of the price sustenance over In addition, there is also a risk of digital currencies not being accepted by any third party or a company as a means of exchange.
• Encryption Risk: The security of Private keys is solely the responsibility of the user. These private keys to your digital wallet, when being misused, can lead to hacking, theft of personal data and Any such damage to the private keys is irreversible in nature and is the responsibility of the user.

When a user uses our services, he or she affirms and acknowledges that they are well aware of the additional risks that exist in connection with your trading and storing of digital currencies which may or may not have been covered in the above points, (including such risks not foreseen by the Company at the time of writing).

It is implied that users understand their responsibility to carefully assess all the risks. They should act as per their financial standing and risk capacity when it comes to buying, selling or trading digital currencies.

The user also understands that the Company does not provide any trading, legal, or tax advice. The user also understands that the Company will not consider your financial situation, trading or trading objectives, or other personal circumstances. Therefore, it is the user’s sole responsibility to seek independent, professional advice before he or she decides to use RHONA LIFE (PTY) LTD services, website, and related products.

PLEASE NOTE: TRADING IN DIGITAL CURRENCY IS CONSIDERED A RISKY TRANSACTION WITH HIGHLY SPECULATIVE OUTCOMES. THE COMPANY DOES NOT GUARANTEE ANY PROFIT FROM TRADING OR ANY OTHER ACTIVITY ASSOCIATED WITH THE WEBSITE. IN LIGHT OF THE RISKS MENTIONED ABOVE, WHICH ARE NOT A COMPREHENSIVE LIST, YOU SHOULD CAREFULLY CONSIDER IF HOLDING OR TRADING DIGITAL CURRENCY IS SUITABLE FOR YOU DEPENDING ON YOUR FINANCIAL CIRCUMSTANCES. THE DECISION TO EITHER CHOOSE OR ABANDON THE USE OF THE COMPANY’S SERVICES LIES AT YOUR SOLE OPTION, DISCRETION, AND RISK.