UK FCA Risk Notice

Cryptoassets are high risk and can be highly volatile. You could lose all the money you put at risk.

Do not use cryptoasset or futures features unless you fully understand the risks involved and can afford to lose the money invested. Protections such as the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service may not apply.

Past performance is not a reliable indicator of future results.

Liftx provides software tools that allow users to connect supported third-party exchanges and manage orders and positions through those exchanges.

Liftx does not recommend investments, determine whether trading is suitable for you, execute trades as a broker or principal, or make discretionary trading decisions on your behalf.

Connected exchanges remain responsible for their own account eligibility requirements, KYC/AML procedures, product availability, execution, pricing, and exchange-level restrictions.

For users identified as being in the United Kingdom for regulatory purposes, Liftx applies additional FCA-related controls in the trading flow, including:

• a UK crypto risk warning shown inside the app on each login and app reopen to remind users about cryptoasset trading risks;
• a clear cryptoasset risk acknowledgement shown after login, blocking access to trading until accepted, including potential total loss and the fact that protections such as FSCS may not apply;
• a cryptoasset risk quiz before trading starts, requiring UK users to confirm they understand key risks such as volatility, potential total loss, lack of financial advice, and possible lack of FSCS protection;
• a futures risk notice and acknowledgement shown when a UK user tries to open a high-risk futures position, requiring confirmation before the position can be opened;
• timestamped audit records for FCA-related user compliance actions, including risk acknowledgements, quiz completion, futures confirmations, user ID, and completion time.

These controls are designed to provide clear risk information, add positive friction before high-risk trading activity, and support informed decision-making. They may be updated as regulatory requirements evolve.

Futures and leveraged products can magnify both gains and losses. Positions may be liquidated rapidly, and users may lose the full amount committed to a position. Even small market movements may result in significant losses.

When cross-margin or similar shared-collateral arrangements are used, losses on one position may consume collateral elsewhere in the exchange account. A larger share of your exchange balance may therefore be exposed than the amount you initially associated with a single trade.

Orders may execute at prices different from those expected, and exchange outages, market volatility, or exchange restrictions may affect execution or availability.

Completion of a quiz, acknowledgement, or confirmation does not mean that cryptoasset trading or leveraged products are suitable for any individual user. These controls are intended solely to encourage informed decision-making before access to high-risk features.

You may not be able to reduce or close a cryptoasset position when you want to, or at the price you expect. Available liquidity depends on market depth, supply and demand, volatility, and the rules and operational status of the connected exchange.

Technology outages, cyber-attacks, API disruption, financial crime, issuer or network failure, and connected-exchange failure may delay or prevent access, order management, or position closure. Liftx does not hold your funds, but a non-custodial architecture does not insure your assets or remove risks originating with an exchange, issuer, network, or market.

Stablecoins can lose their intended peg. Information about reserve assets may be incomplete, reserves may be insufficient or unavailable, and holders may not have a protected direct claim against those reserves. A stablecoin should not be treated as cash or as risk-free merely because it is designed to track a fiat currency.

Cryptoassets, derivatives, margin systems, and automated order controls can be complex. Research the asset, exchange, product rules, fees, margin mode, liquidation mechanics, and technical dependencies before trading.

Concentrating funds in one cryptoasset, exchange, strategy, or leveraged position increases reliance on that single exposure. The FCA describes limiting high-risk investments to no more than 10% of total net assets as a rule of thumb, not as a safe threshold or guarantee. See the FCA's guidance on understanding high-risk investments and cryptoasset basics.

Liftx does not provide financial, investment, legal, or tax advice.

Liftx does not offer bonuses, referral rewards, or incentives to encourage cryptoasset trading, nor does it compensate users for trading activity. Any educational material, product documentation, or risk-warning content is provided for informational purposes only and should not be interpreted as financial advice or a recommendation to trade.

Liftx may maintain timestamped records of FCA-related user compliance actions, including risk acknowledgements, risk warnings shown, cryptoasset risk quiz completion, futures confirmations, user ID, and completion time, for compliance, security, fraud prevention, and dispute-resolution purposes.

Regulatory requirements evolve over time. Liftx may introduce additional safeguards, acknowledgements, eligibility checks, or access restrictions where reasonably necessary to comply with applicable laws, regulatory guidance, exchange availability, or risk management considerations.

Liftx may also modify, suspend, or disable access to particular products or features in specific jurisdictions where required by applicable law, regulatory expectations, exchange availability, or operational risk considerations.

For information about how these records are processed, please see the Privacy Policy and GDPR Notice:

• https://liftx.io/privacy
• https://liftx.io/gdpr