Thank you for choosing to use BACXN Exchange. Our aim is to provide professional, safe and trustworthy digital asset trading and asset management services to the majority of digital asset enthusiasts and stock enthusiasts and users around the world as much as possible without violating relevant laws and regulations. We are committed to promoting legal and transparent business activities and maintaining a good reputation among users, regulators and the digital asset industry. This Risk Disclosure Statement only briefly describes some of the possible risks involved and is not an exhaustive list of all the risks involved in the process of buying, holding, selling or trading. It is recommended that before making a purchase, you must take into account a variety of relevant factors including, but not limited to, your personal purchasing objectives and your risk tolerance level. BACXN Exchange is a global digital asset trading platform, also widely known as a trading marketplace. On this platform, traders play the roles of buyers and sellers, who come here as market makers and market takers to conduct various trading activities. In order to ensure transparency and clarity, buyers and sellers trade directly, without the BACXN exchange itself being involved in the actual trading process. Users can enjoy the services offered by the Exchange by visiting the official website of the BACXN Exchange at www.BACXN.com, as well as through the relevant application interfaces or mobile apps (websites) provided by the Exchange. We are committed to providing quality services to all our users and we expect that each user will comply with the laws and regulations when using our platform and conduct legal and compliant trading activities. **Please note that the users referred to herein include all individual customers over the age of 18 as well as legally registered institutional users. **We reserve the right to decide whether to offer all or a part of the Services in accordance with the laws and regulations of different markets and jurisdictions. In some specific areas, we may restrict access to the Services or prohibit the use of our Services altogether in those restricted areas. If you need to know the specific range of available services, please check yourself or contact our customer service for details. In addition, we place great emphasis on the protection and security of user data. All users' personal information and transaction data are protected by strict encryption to prevent any illegal access and leakage. We promise that we will never disclose users' personal information to third parties unless required by law or authorized by users. In terms of transaction security, we have adopted multiple security measures, including but not limited to two-step verification, fund passwords, IP address whitelisting and so forth, to ensure the security of users' accounts and funds. At the same time, our trading system has been rigorously tested and verified to ensure its stability and reliability in complex environments such as high concurrency and large data volume. We are well aware that an excellent digital asset trading platform not only needs to provide safe and convenient trading services, but also needs to continuously introduce innovative products and features to meet the growing and diversified needs of users. Therefore, we will continue to invest in R&D and innovation, and are committed to providing users with richer, more flexible and personalized trading options and service experience. For purchasers of NFTs and digital currencies issued by the Exchange Program, you should be fully aware that the market prices of blockchain commodities and cryptocurrency commodities are highly volatile and uncertain. This volatility means that the value of these commodities may change drastically within a short period of time, and therefore not all investors are suitable to participate in the purchase, holding or trading of these commodities. Before you decide to invest, you need to be well aware that if you trade in a direction contrary to the market trend, you may face a partial loss of your capital or possibly even lose your entire investment. Therefore, we strongly recommend that you exercise caution when investing and only invest funds that you can afford to lose in full. ** It is important to note in particular that trading in digital assets is inherently considered to be high risk. Digital assets are not backed or guaranteed by any government or central bank like traditional currencies. As a result, you may be exposed to a greater risk of loss when trading or holding digital assets. Before deciding whether to interact with, hold or trade in digital assets, you should carefully evaluate your financial situation and determine whether these activities are suitable for you in light of your personal financial capacity. **When making any credit card payment in local currency, your transaction goes through a standardized foreign exchange process. However, in some cases, this foreign exchange process may be subject to system errors or unexpected failures. In the event of such an error and/or system failure (as determined by us in our sole discretion), the USD or USDT balance you may receive may differ from the local currency balance you had at the start of the payment transaction. This situation may expose you to the risk of loss. Accordingly, when you use your credit card to make a payment, you must agree to and bear all costs associated with any foreign currency exchange risk resulting from such system errors and/or malfunctions. This product was not initially planned and designed as a financial product or any investment product for investment purposes. Whether you choose to buy or trade this commodity, it is your personal decision and you are responsible for it. The Company cannot predict or control the future price movements of the Commodities and therefore any price fluctuations are not our concern. These fluctuations may be affected by a variety of factors, including but not limited to the economic environment, policies and regulations, market sentiment and technological developments. The Company shall not be liable to any person for any profit or loss resulting from the purchase, sale or trading of the Commodities, legally or financially liable. **It is worth noting that the performance of most crypto assets can be very volatile, with their value often falling as fast as they rise. Therefore, you should be prepared for the risk of potentially losing all the money invested in crypto assets. **The crypto asset market is largely unregulated. Due to risks such as cyberattacks, financial crimes and company failures, you may be at risk of losing your funds or losing any crypto assets you purchase. Therefore, you should carefully consider these potential risks before investing in crypto assets. To help you make informed investment decisions, we strongly recommend that you conduct thorough research and consult a professional financial advisor before investing. They can provide expert advice on market trends, risk assessment and investment strategies to help you better understand the complexities and potential risks of the crypto asset market. Remember, investing always comes with risks, especially in unregulated markets, so a cautious and rational approach to investing is crucial. Purchase of this merchandise does not imply that you acquire exclusive or proprietary property rights to the works associated with this merchandise, nor does it imply that you acquire a license to any of the intellectual property rights in the merchandise. The purchaser expressly agrees that the merchandise may not be used for any commercial purpose. We cannot guarantee that possession, trade, or use of the Merchandise will not infringe the intellectual property rights of any third party or give rise to an infringement dispute. The Company shall not be liable for any claim by a third party regarding intellectual property rights or other legal rights arising out of the purchase of this product. Please note that all content on the Platform, including but not limited to text, images, trademarks, codes, etc., is protected by copyright laws. Users are only allowed to use these platform content for non-commercial purposes in compliance with the terms of service of this platform. Any unauthorized use, such as commercial reproduction, distribution or imitation, will be considered an infringement. Unauthorized reproduction, distribution or use for commercial purposes is prohibited. The Platform reserves the right to hold users legally liable if they violate the Platform's intellectual property rights statement. In addition, we encourage users to respect the intellectual property rights of others and to avoid any form of piracy or illegal copying. When purchasing and using goods on our platform, please ensure that your behavior complies with local laws and regulations. For any infringement of intellectual property rights, we will take immediate measures upon discovery, including but not limited to deleting the infringing content, banning the offending account and so forth in order to protect the legitimate rights and interests of the originator. At the same time, we also welcome users to actively report infringing behavior and work together to maintain a healthy and legal network environment. All information services provided by us, including but not limited to, information, data, content posted on the Site and any features interacting with users, may be subject to attacks from malicious hackers, viruses, Trojan horses, or other malicious software, which may result in data leakage, system intrusion, or unauthorized access. Although we have taken a number of measures to enhance the security of our Website, and we continually monitor and endeavor to control these risks, unfortunately, we cannot assure you that these risks can be completely avoided or mitigated. In addition, we have no control over the security of the devices you use to access our Website, including, but not limited to, personal computers, mobile devices or other devices connected to the Internet. Therefore, you are solely responsible for ensuring that your device remains secure at all times. The Company and its suppliers shall not be liable, whether in damages or otherwise, for any harm you may suffer as a result of your use of the Service, including, but not limited to, damages caused by user error (e.g., forgotten passwords, transaction errors, or incorrect addresses), server malfunctions or lost data, unauthorized access to the Application, any unauthorized third-party activity, including, but not limited to, the use of viruses, phishing, brute force, or other means of attacking the Site. **The Platform's trading facilities are supported by computer-based component systems for order routing, execution, matching or trade clearing. As with all facilities and computer systems, clients are exposed to system-related risks, including hardware and software failures. The result of any system failure may be that your order is either not executed as directed or not executed at all. You should also be aware that the Internet is not a completely reliable transmission medium and that there may be delays or failures in the services provided by the Platform. Although blockchain technology is considered highly secure, losses may still be caused by smart contract vulnerabilities or cyberattacks, and the Company shall not be liable for vulnerabilities or any type of malfunctions, abnormal behavior of software (e.g., wallets, smart contracts), blockchains, or any other functions of the Digital Assets that result in persistent abnormalities in functionality: **There is no guarantee that a crypto asset investment can be easily sold at any given time. The ability to sell crypto assets depends on a variety of factors, including the supply and demand in the market at the time. **Operational failures such as technology outages, cyberattacks, and funding consolidation can cause unexpected delays to the point where you may not be able to sell your crypto assets at the time you want to sell them. Purchasers of this product should pay attention to the laws and public order and morals of the country or region in which they are located. Purchasers should pay attention to and understand the risks of whether this product or the works linked to this product violate the laws and public order and morals of the country or region in which they are located, and should be responsible for any legal problems or violations of the law that may occur as a result of such violations. **Legislative and regulatory changes or actions at the national, state, federal, or international level may adversely affect the use, transfer, exchange, and value of crypto assets. **The Platform is not registered in the User's jurisdiction as a broker or dealer, state securities alteration agency, capital markets service provider or alternative trading system. The User's use of the Platform is not subject to supervision or regulation by other government agencies or other organizations. **Jurisdictions in which the Platform is registered or regulated may support and provide requests from their law enforcement agencies for transaction records or tax information of users in their area. We have designed our anti-money laundering and counter-terrorist financing programs to reasonably prevent money laundering and terrorist financing. If we suspect or have reason to suspect that suspicious transaction activity exists, we will file a suspicious transaction activity report with our local regulator, as appropriate. Typically, suspicious transactions are not consistent with legitimate business or personal day-to-day transaction activity known to the customer. You should be particularly aware that gains and other income from investing in crypto assets may be subject to taxes or other charges imposed by such regulatory authorities. The tax laws and practices of certain countries with respect to crypto assets may not yet be clearly established. Accordingly, current interpretations of the law may change or the law may be changed with retroactive effect. The entire content of this agreement are concluded in accordance with relevant laws; its establishment, interpretation, content and implementation are applicable to the relevant legal provisions; users of this site because of violation of the provisions of this statement and violate the relevant laws, this site as a service provider, is obliged to improve the rules and services of the platform, but the site does not violate the relevant laws of the motives and facts, the user's behavior does not assume any joint and several liability. The Company reserves the right to make changes to all services, purchase rules, information content and statements provided by the Company, and the changes will take effect immediately upon release. If a dispute arises from the use of the services of the platform, the user shall first negotiate with the platform to resolve it, and the platform also encourages the user to resolve the dispute through friendly negotiation and avoid resorting to law. If the negotiation fails, the dispute shall be submitted to the court where the platform is located for adjudication in accordance with the applicable laws and regulations, and the user shall respect and comply with the applicable laws and regulations, and shall also agree to accept the jurisdiction of the court where the platform is located. Platforms like BACXN are often targeted by phishing scams. These scams try to obtain your login details and private key, which puts your encryption security at risk. It is important to be aware of these scams and know how to protect yourself. How to protect your money from fraud: Never give out information about your online bank accounts or passwords. Fraudsters may pose as legitimate businesses (e.g., lenders) and ask you to send them bitcoins or ask you to provide your online credentials. Always ensure that your counterparty is a licensed and regulated financial institution before providing any banking information to a third party. Anyone can pretend to be anyone online. Fraudsters often disguise their identities by impersonating websites and using fake social media accounts. Investors should always take steps to identify fake accounts, including scrutinizing content, analyzing founding dates, and considering the quality of the business. To avoid accidentally trading with an imposter company, investors should pay particular attention to domain names and learn more about how to protect their online accounts. Be wary of fake customer reviews. Scammers often quote or post positive testimonials and claim to be written by satisfied customers when in fact they are fake. These testimonials make the promoter appear credible because the referrer claims to have made substantial profits in the past and that the new investor may receive the same monetary gain as the previous investor. In many cases, however, these testimonials are not written by satisfied customers, but are made up by the scammers themselves. Only scammers ask for payment in virtual currency. No legitimate operator will ever ask you to send them virtual currency in advance, either to buy something or to protect your money, and this practice is always a scam. Never confuse online dating with investment advice. If you meet someone on a dating site or app who wants to show you how to invest in virtual currencies or asks you to send them virtual currencies, then this is a scam. How to properly set up and maintain account security: Protecting your account is very important. A key step is to enable Google Authenticator. This adds an extra layer of protection, even if someone guesses your password. It is also advisable to change your account password frequently. Make sure it's strong and different from other passwords, and don't use the same password for many accounts as this can be risky. Protecting your crypto wallet's private keys and recovery phrases is also vital. Storing them in a safe place, such as a physical location, helps protect your wallet from hackers. It's also important to regularly check your account for unusual activity. Also, watch out for phishing scams. By following these steps, you can protect your account from hackers and scammers.