EURO DECENTRAL CRYPTO EXCHANGE

Therms and Conditions

Blockchain technology itself poses inherent risks to its structure, still under development. After all, it is a very recent innovation with an abrupt and growing expansion, endowed with unprecedented reach. Thus, it is essential to carefully analyze the risks associated with any transaction based on blockchain technology, such as acquiring cryptoassets, and seek help and advice from specialized professionals.

When buying, owning, using, and transacting with the EDEX token, you will be subject to risks, which you must fully assume, exempting the Developer and its partners, administrators, employees, and representatives from any and all liability for losses and damages arising from them, such as, for example:

I. General suitability of token purchase: the purchase of EDEX tokens is only suitable for people who can assess the merits and risks of such purchase or people who have been professionally advised regarding the purchase of tokens and have sufficient financial resources to support any losses that may arise from such transactions, including the total loss of the value in cryptocurrencies used in the acquisition. Buying tokens should not be regarded as an investment in a financial asset.

II. Risk of loss of access to tokens due to loss of private key (s), custody, or buyer error: a private key, or combination of private keys, is required to operate with EDEX tokens stored in your Wallet or digital safe. The loss of the necessary private key (s) associated with your Wallet or token storage vault will result in losing such EDEX tokens. Any third party who gains access to such private keys, including through accessing the login credentials of a wallet hosting service you use, may be able to embezzle your EDEX tokens. Likewise, failure to properly maintain or use such Wallet or vault, including, for example, you providing a wrong address or an address that is not BEP-20 compliant, may result in the loss of your EDEX tokens. It is also possible that failures in the Wallet itself generate the same result.

III. Risks associated with the Binance protocol and Pancake Swap: as EDEX tokens are based on the Binance protocol, any malfunction, break, or abandonment of the binance protocol may have a material adverse effect on the Binance Platform or EDEX tokens. Furthermore, advances in cryptography or technical advances, such as the development of quantum computing, may present risks for the Binance Platform and EDEX tokens, rendering the cryptographic consensus mechanism that supports the Binance Protocol ineffective. The Pancake Swap platform, where the EDEX tokens will be stored, is subject to the same risks, including bugs and invasive attacks. IV. Risk of third-party attacks during validation: as it happens with other decentralized cryptographic tokens based on the Binance protocol, EDEX tokens are susceptible to third-party attacks during the proof of transactions in the Binance blockchain. Any successful attacks pose a risk to EDEX tokens, including the accurate execution of transactions and their logging.

V. Hacker risk and security weaknesses: hackers or other groups of malicious organizations may attempt to interfere with the Binance Platform or EDEX tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, Consensus-based attacks, Sybil attacks, smurfing and spoofing. In addition, there is a risk that a third party will intentionally introduce weaknesses into the Binance Platform's core infrastructure, which, of course, can negatively affect the Binance Platform and EDEX tokens. Hackers or other malicious groups may also attempt to gain access to private keys or other access credentials to the Wallet, vault, or other storage mechanism used to receive and maintain EDEX tokens, which may result in their permanent loss.

VI. Risks associated with token markets: the Developer does not participate in any secondary trading or external evaluation of EDEX tokens. Even though the secondary trading of tokens, in general, and of the EDEX token, in particular, is facilitated by third parties, such transactions are subject to little or no regulatory supervision, making them more susceptible to fraud or manipulation. Furthermore, to the extent that third parties assign an exchange value to tokens in general and, particularly, to the EDEX token (for example, as denominated in a digital or fiat currency), this value can be highly volatile and may be reduced to zero.

VII. Risk of uninsured losses: unlike bank accounts or accounts at some financial institutions, tokens in general, and the EDEX token, in particular, are uninsured. Thus, it is vital to keep in mind that, in the event of a loss, there is no public or private insurance organized by the Developer.

VIII. Risks associated with uncertain regulations and enforcement actions: the statutory and regulatory status of tokens in general and distributed ledger technology is not clear or stable in many jurisdictions. It is difficult to predict how to regulate or how agencies might apply existing regulation (designed for other kinds of assets) with respect to this technology and its applications, including the Binance Platform and EDEX tokens. It is equally difficult to predict how or whether jurisdictions or regulatory agencies might implement changes in law and regulation that affect distributed ledger technology and its applications, including the Binance Platform and EDEX tokens. Statutory and regulatory actions may negatively impact the Binance Platform and EDEX tokens in many ways, including, for illustrative purposes only, determining that the purchase, sale, and delivery of EDEX tokens constitute unlawful activity, that the launch of EDEX tokens would be subject to registration or licensing. The Developer may recommend that investors in a particular jurisdiction cease their operations if regulatory actions, or changes in law or regulation, make it illegal or commercially undesirable to operate in such jurisdiction.

IX. Tax risks: the tax characterization of tokens is still uncertain. Before purchasing tokens, you should seek tax advice, including information regarding withholding taxes and the treatment of tokens on your income tax returns. The amounts in cryptoassets received by the Developer with the sale of the EDEX token may become taxable, adversely affecting the available financial resources and the Developer's ability to achieve its objectives described in this White Paper.

X. Risk of insufficient interest in the EDEX token: it is possible that the EDEX token is not used by a large number of individuals, companies, and other entities or that there is limited public interest in creating and developing tokens such as the EDEX token in a broader manner. Such lack of use or interest can negatively impact the development of the EDEX token and, therefore, the objectives pursued with its acquisition.

XI. Risks associated with the development of the EDEX Project: the EDEX Project is still under development and may undergo significant changes over time. While the Developer intends the EDEX Project to function exactly as described in this Whitepaper and is prepared to take all commercially reasonable steps to that end, the Developer may have to make changes to the EDEX Project for legitimate reasons. Furthermore, the Developer has no control over how other participants will use the EDEX token or how third-party products and services will use the token (if applicable). This can create the risk that the EDEX token, as developed and maintained, may not meet your expectations at the time of purchase.

XII. Risk of an unfavorable fluctuation: the mechanisms implemented by the Developer may not be able to maintain the expected stability of the EDEX token. In addition to the usual market forces, there are several potential events that could exacerbate the risk of an unfavorable fluctuation in the value of the EDEX token, including malicious attacks, significant security incidents, or market irregularities at one or more of the major exchanges of cryptocurrencies.

XIII. Discontinuation risk: it is possible that, due to several reasons, including, but not limited to, unfavorable fluctuation in the value of the EDEX token, decrease in its usefulness, failure of commercial relationships or intellectual property challenges, the conduct of the Project EDEX becomes or proves unfeasible, leading to its discontinuity.

XIV. EDEX is not a governance token: EDEX tokens do not confer governance rights of any kind with respect to the EDEX Project. All decisions involving administration and strategy related to the EDEX Project will be taken by the Developer at its sole discretion, including, but not limited to, performance strategies or even cessation of the Developer's activities. These decisions can adversely affect the EDEX Project and the usefulness of your owned EDEX token.

XV. Regulatory risks: a variety of federal and state rules, laws, and regulations from several different jurisdictions, including those concerning data protection and privacy, consumer protection, and others, can impact the EDEX Project. These laws and regulations, and the interpretation or application of those laws and regulations, may change from time to time. In addition, new laws or regulations that affect EDEX tokens may be created or made more stringent to adversely impact the utility or maintenance of the EDEX Project. Likewise, any tax change could adversely affect the EDEX.