Risk Warning About the Price Fluctuation of the Futures Subject

Dear Biking users:

The futures trading services provided by the Biking Futures Trading Platform have obvious high leverage and high risk. Therefore, users who register and use the Biking to conduct transactions are aware of, fully understand and agree with the contents of this risk warning by default. This risk warning The content is subject to the English content.

Preface

The purpose of this risk warning is to clarify the high risk of futures transactions and to help investors assess and confirm the conditions for their participation in futures transactions. Due to the existence of futures transaction risks, investors should carefully read this risk reminder before confirming this agreement and using the Biking transaction, and must ensure that they have fully understood the risks and transaction rules of futures transactions, and based on their own experience, goals, and economics. Conditions and risk tolerance are used to determine whether to participate in futures transactions.

Suitable investor

Futures transactions have extremely high risks and are only suitable for those who can fully understand all the risks in the transaction and can withstand some or all of the asset loss caused by investment failure, or professional investment practitioners.

Existing risks

1. The risk of price fluctuations

Digital currency has the characteristics of large price fluctuations. Due to many factors, it is difficult to grasp the direction of investment in actual transactions. The possibility of investment failure is extremely high and may suffer large losses. Investors must bear the normal All losses under investment.

2. Transaction risk

1) The high risk of futures trading due to high leverage may cause the profit and loss of each transaction to become very rapid. When the market fluctuates rapidly and violently, huge losses may occur, or even forced liquidation, and investors must bear all the losses caused thereby.

2) Futures transactions are market behaviors. Once the transaction is concluded, it cannot be cancelled. Investors must accept the risks that this method may carry.

• The trading platform only provides stable and neutral trading tools and environments, and will not make any profit guarantees. It neither shares profits with investors nor shares risks with investors.

3. Policy supervision risks

Digital asset futures transactions may have policy regulatory risks in certain jurisdictions. Investors should carefully choose whether to participate in investment under the premise of clearly knowing the background of the regional policy and regulation before entering the market.

4. Other possible risks

1) When investors use high leverage, they will greatly amplify market risks. Therefore, in order to prevent investors from accepting excessive risks and maintain market stability, the platform has the right to treat highly leveraged investors when faced with extreme market conditions. Position and leverage adjustments, including but not limited to communication, risk warning, forced position reduction, forced position liquidation, adjustment of leverage, order pull, etc., will be announced in an official announcement.

• Investors need to pay attention to the official information in a timely manner, and deal with their positions in a timely manner. Any possible losses or gains caused by this will be borne by the investors themselves.

important hint

When investors register and use the Biking service, they are by default fully aware of, understanding and agreeing to this risk warning, as well as all risks and business rules of futures transactions.

This risk reminder that the above-mentioned risk items are only enumerated in nature and fail to list all the risk factors related to futures transactions in detail. Investors should also clearly understand and master other possible risk factors before participating in futures transactions and investment.

Biking sincerely recommends investors to carefully decide whether to participate in futures transactions based on their own actual conditions such as risk tolerance.