1. General Risk Warning
The use of digital assets and related services involves significant risk and may not be suitable for all users. Before using YimmiT's services, you should carefully consider your financial situation, level of experience, and risk tolerance. The value of digital assets can fluctuate, and you may lose part or all of the assets you hold or transfer through the platform. YimmiT does not provide financial, investment, or advisory services.
2. Market Risk and Volatility
Digital asset markets are highly volatile. Prices may change rapidly due to factors including market supply and demand, regulatory developments, technological changes, and macroeconomic conditions. You acknowledge that the value of your digital assets may decrease significantly at any time. Past performance is not indicative of future results.
3. Liquidity Risk
Digital asset markets may experience varying levels of liquidity. This may result in delays in execution, price slippage, and inability to convert or transfer assets at desired values. Under certain market conditions, access to liquidity may be limited or unavailable.
4. Regulatory Risk
The regulatory framework for digital assets in Peru and other jurisdictions is evolving. YimmiT operates as a digital asset platform and is not a licensed financial institution. Regulatory changes, enforcement actions, or policy updates may impact the availability of services, restrict certain features or transactions, and require additional user verification or documentation. You acknowledge that your use of the platform may be affected by such changes.
5. Technology and Network Risk
Digital assets rely on distributed ledger technologies and third-party systems. Risks include smart contract vulnerabilities, network congestion or delays, protocol changes or forks, and system outages or technical failures. These events may result in loss of access, delays, or loss of assets.
6. Custody and Security Risk
YimmiT may provide custodial services for digital assets. You acknowledge that digital assets may be held in pooled or segregated wallets, despite security measures no system is completely secure, and cyberattacks, internal failures, or external events may result in loss of assets. You are responsible for maintaining the security of your account credentials. Unauthorized access to your account may result in irreversible loss.
7. Third-Party and Counterparty Risk
Certain platform features may rely on third-party providers, including liquidity providers, infrastructure services, or market participants. YimmiT does not control and is not responsible for third-party performance, failures, insolvency, or misconduct, and delays or disruptions in services.
8. No Guarantee of Returns
YimmiT does not guarantee any returns, rewards, or outcomes. Where platform features provide access to market-based opportunities, returns are variable and subject to market conditions, losses may occur, and outcomes may differ from expectations. You may receive less than the value of your initial assets.
9. Compliance and Monitoring
YimmiT applies monitoring and compliance procedures in line with applicable anti-money laundering obligations and guidance from the Unidad de Inteligencia Financiera del Perú. As a result, transactions may be reviewed, delayed, or restricted; additional information may be requested; and accounts may be limited or suspended. These actions are necessary to comply with applicable laws and protect the integrity of the platform.
10. No Advice
The information provided by YimmiT does not constitute financial, investment, legal, or tax advice. You are solely responsible for your decisions, your use of the platform, and assessing whether the services are appropriate for you. You should seek independent professional advice where appropriate.
11. Risk Acknowledgement
By using YimmiT's services, you acknowledge that you have read and understood this Risk Disclosure, you accept the risks associated with digital assets and platform use, and you are solely responsible for your decisions and outcomes. You agree that YimmiT shall not be liable for losses incurred as a result of your use of the platform, to the maximum extent permitted by law.