Important risk factors that customers should consider before transacting.
Virtual Digital Assets involve significant risk. Customers should evaluate whether VDA transactions are appropriate for their circumstances before transacting.
USDT or any other VDA should not be treated as equivalent to INR, a bank deposit, legal tender, a government-guaranteed asset or a risk-free cash product.
1. Market and Liquidity Risk
Prices, spreads, counterparties and liquidity conditions may change rapidly, including in relation to stablecoins and secondary-market trading conditions.
2. Regulatory and Operational Risk
Applicable laws, policies, banking access, operational practices and compliance expectations may change. Transactions may be delayed, restricted or declined due to review, banking interruptions or operational issues.
3. Blockchain and Wallet Risk
Blockchain transactions may be irreversible. Network congestion, unsupported networks, incorrect wallet addresses, custody failures, cybersecurity incidents or wallet compromise may result in partial or total loss.
4. Token and Counterparty Risk
Stablecoin issuer risk, depeg events, technical failures, smart contract issues, insolvency events, counterparty failures and related disruptions may affect value, transferability or settlement outcomes.
5. Customer Responsibility
Customers remain responsible for checking wallet address details, blockchain network selection, transaction terms and whether a transaction is suitable for their financial position, tax profile and risk tolerance.