Halon Trading is not a registered investment advisor and does not act like one. Bitcoin, Ethereum and other Alternative Currencies promoted by Halon Trading are not regulated and subject to SEC rules and regulation.
This website is operated on behalf of Halon Trading. The information on this website is general in nature and does not take into account your personal objectives, financial situation or needs. Halon Trading recommends that, before making an investment decision, you seek professional advice from a suitably qualified adviser. While all reasonable care has been taken in producing this information, Halon Trading does not warrant the accuracy, adequacy or completeness of the information, nor does Halon Trading undertake to keep this website updated. Changes in circumstances after publication may affect the completeness or accuracy of this information. To the maximum extent permitted by law, Halon Trading disclaims all liability for any errors or omissions contained in this information or any failure to update or correct this information. It is your responsibility to assess and verify the accuracy, completeness and reliability of the information on this website, and to seek professional advice where necessary. Past performance is not a guarantee of future performance. Halon Trading does not accept responsibility for any loss or damage, however caused (including through negligence), which you may directly or indirectly suffer in connection with your use of the website or any linked website, nor do we accept any responsibility for any such loss arising out of your use of, or reliance on, information contained on, or accessed through, this website. To the maximum extent permitted by law, Halon Trading disclaims any such representations or warranties as to the completeness, accuracy, merchantability or fitness for purpose of this website or the information it contains. Halon Trading does not warrant the availability, functionality or performance of the website or that the website is suitable for any particular purpose or has any performance, functionality or security features except as required to be provided by law.
The prices of virtual goods and products, like red goods and products, constantly fluctuate over time. Any currency, virtual or otherwise, could be subject to large swings in value and at any time might become worthless. As such, the value of your holding may increase or decrease over time. With any type of market-based trading, buying or selling, there is an inherent risk that losses will occur. It follows that you should not hold money you cannot afford to lose in bitcoin or alternative cryptocurrencies.
Trading in virtual currencies brings special risks not typically shared with trading in official, recognized currencies or goods or commodities in a market. Unlike most recognized currencies backed by governments or other legal entities, or commodities such as gold and silver, bitcoin, for example, is backed and supported by technology and trust. In this way it is a unique kind of ‘fiat’ currency. There exists no central bank or dedicated authority that can take corrective measures, such as creating or issuing more bitcoins, in order to protect the digital currency’s value in a crisis.
The price of cryptocurrencies is susceptible to bubbles or loss of confidence, which could collapse demand relative to supply, having an adverse effect on the price. For example, confidence in bitcoin could disintegrate because of unexpected changes imposed by software developers or others, the risk of state regulation, the creation of superior competing alternative currencies, or a deflationary or inflationary spiral. Confidence might also collapse because of technical problems. If the portal anonymity of the system is compromised, if bitcoin is lost or stolen, or if hackers or governments are able to prevent any transactions from settling.
Cryptocurrency is an autonomous and, and an unregulated worldwide system of currency firms and individuals linked through technology. At their own discretion traders put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.
Given the above, you should carefully assess whether your financial situation and tolerance for risk is suitable for buying, selling or trading cryptocurrencies.
