1. Read This First

This document explains the risks of using TalixTrade to trade cryptocurrency on third-party exchanges. Please read it carefully before you run your first live bot.

TalixTrade is software — a bot builder, Smart Trade, signal bots, backtesting, paper mode, and AI features (Bot Builder, Risk Manager, Optimizer, Assistant, Auto-Hedge). We are not an exchange, bank, broker, custodian, or financial advisor. We never hold your funds, never accept deposits, and never withdraw from your exchange accounts. Your money always stays on your own exchange (Binance, Bybit, or OKX), and we connect only through an API key that has withdrawal permission disabled.

Because the trades happen with your money on your exchange, the financial risk is entirely yours. Nothing here is investment advice.

2. General Crypto Risks

Cryptocurrency markets carry risks that exist no matter how good your strategy or settings are:

Volatility. Prices can move 10%, 30%, or more in a single day — or in minutes. Large gains and large losses are both possible very quickly.
Regulatory risk. Laws around crypto change often and differ by country. New rules can affect whether you can trade, how you are taxed, or whether a token or product is even available to you.
Exchange risk. The exchange you connect to may go offline, freeze withdrawals, get hacked, delist a token, change its fees, or fail entirely. TalixTrade has no control over your exchange and cannot recover funds held there.
Liquidity risk. In thin or fast-moving markets there may be no buyer or seller at the price you expect. Orders can fill at a much worse price, or not fill at all.
Technology risk. Outages, bugs, latency, or downtime — on your internet connection, on the exchange, on a third-party service, or on TalixTrade itself — can delay or prevent a trade. See our Terms of Use for the limits of our liability.

3. Futures & Leverage Risks

HIGH-RISK ZONE. Trading futures with leverage is the fastest way to lose money on this platform. The risks below are amplified versions of everything above, and they can wipe out your account in a single move. If you do not fully understand leverage, do not use it.

Leverage amplifies losses, not just gains. With 10x leverage, a 10% move against your position can erase your entire margin. The higher the leverage, the smaller the move needed to lose everything.
Liquidation. If the market moves against a leveraged position past a certain point, the exchange will automatically close (liquidate) it. You can lose your margin almost instantly, often before a stop-loss or any bot logic has a chance to react.
Funding rates. Perpetual futures charge periodic funding payments between long and short traders. Holding a position over time can cost you money even if the price does not move.
Margin and maintenance. You must keep enough margin to hold a position. If it drops below the maintenance level, you face a margin call or liquidation.
Cross-margin can exceed your deposit. In cross-margin mode, a single losing position can draw on your entire account balance, not just the margin assigned to that trade. In some cases losses on leveraged products can exceed the amount you deposited, leaving you owing the exchange.

Leverage limits. Your jurisdiction's regulator may limit how much leverage retail traders can use (for example, in the US, Canada, Japan, Singapore, and the UK). TalixTrade shows a warning where relevant, but the actual limits are set and enforced by your exchange, not by us. See Restricted Jurisdictions for more.

4. Bot-Specific Risks

Automation does not reduce market risk — it executes your decisions faster and around the clock. The biggest source of loss is usually the configuration, not the software.

Bots are config-driven. A bot does exactly what you tell it to. A wrong setting — position size, leverage, entry condition, missing stop-loss — will be executed faithfully, including at a loss.
DCA and Grid accumulation in a downtrend. Dollar-cost-averaging and grid bots keep buying as the price falls. In a sustained downtrend this increases your position and your losses as you add to a losing trade. There is no setting that makes "buying the dip" safe in a market that keeps dropping.
Auto-Hedge reduces risk, it does not remove it. Hedging can offset part of a move, but it adds cost and complexity, may lag fast markets, and can itself lose money. A hedge is a risk-management tool, not a guarantee.
API, network, and slippage. Bots act through your exchange's API over the internet. Latency, rate limits, dropped connections, or partial fills mean a trade may execute later or at a worse price than you intended. Fast markets make this worse.
Bots execute — they do not predict. TalixTrade cannot foresee where the market is going. It carries out your rules; it does not know the future and cannot protect you from a strategy that is wrong for current conditions.

5. AI Feature Limitations

TalixTrade's AI features (Bot Builder, Risk Manager, Optimizer, Assistant) are powered by OpenAI and are designed to help you think, not to trade for you.

Suggestions, not predictions. AI output is a starting point and a second opinion. It can be wrong, incomplete, or unsuitable for your situation. You are responsible for reviewing and approving anything before it goes live.
Backtests do not guarantee future results. A strategy that performed well on historical data may fail in live markets. Past performance — real or simulated — is never a promise of future returns. Backtests also cannot fully capture slippage, fees, funding, and liquidity in real conditions.

Your API keys are never sent to OpenAI. Only the prompt content for an AI feature is processed by OpenAI.

6. Market Risks

Some events are outside anyone's control and can cause sudden, severe losses:

Flash crashes. Prices can collapse and recover within seconds, triggering liquidations and stop-losses at the worst possible moment.
Market manipulation. Pump-and-dump schemes, spoofing, and coordinated activity can distort prices, especially in low-liquidity tokens.
News and events. Regulatory announcements, exchange incidents, hacks, or macro news can move the market faster than any bot can react.

7. Tax Risks

Trading may create tax obligations, and those obligations are yours. TalixTrade does not calculate, withhold, or report taxes on your behalf, and we are not tax advisors. See our Tax Reporting Disclaimer and consult a qualified professional in your country.

8. Acknowledgment

Before you can start your first live bot, you must confirm that you have read and understood this Risk Disclosure by ticking the required checkbox. Your acknowledgment — including the date and time — is recorded in our audit log.

By checking that box you confirm that:

you understand crypto trading, and especially leveraged futures, can result in the loss of your entire deposit, and in some cases more;
you are trading only with money you can afford to lose;
you make your own trading decisions and accept full responsibility for them;
TalixTrade is software that executes your configuration and does not guarantee any outcome.

9. Contact

Questions about this disclosure? Email us at [email protected].

Operated by Anton Shchur, an Individual Entrepreneur (FOP) registered in Ukraine (registry No. 2011600000000040678), Dnipro, Dnipropetrovsk Oblast, Ukraine. This is a draft pending review by legal counsel and is not legal or financial advice.