Risk Disclosure
Please read carefully before using VScalp or connecting an exchange account.
Last updated: [EFFECTIVE DATE]
1. General crypto risk warning
Trading in cryptocurrencies and crypto-related derivatives is highly speculative and involves a substantial risk of loss, including the total loss of your invested capital. Prices can move rapidly and unpredictably. You should only trade with funds you can afford to lose and after considering your objectives, experience and financial situation.
2. VScalp is software only
VScalp is a software product that provides signals, automation, analytics and backtesting tools. VScalp is not an exchange, broker, custodian, wallet provider or payment processor and does not hold client funds. All trading, custody and settlement takes place on the third-party exchanges you connect (including [SUPPORTED EXCHANGES]).
3. No guarantee of profits
Signals, strategies and configurations available in VScalp do not guarantee any specific result. Past performance is not indicative of future performance. You are solely responsible for your trading decisions.
4. Backtesting and simulation limitations
Backtests and simulations are hypothetical. They are calculated on historical data and do not reflect all real-market conditions, including slippage, latency, liquidity constraints, exchange outages, funding costs, fees, order rejections or execution errors. Results shown in a simulation should not be interpreted as a promise or projection of live performance.
5. Leverage and liquidation risk
Leveraged products amplify both gains and losses. A small adverse price movement can result in the partial or total liquidation of your position and may cause losses greater than your initial margin, depending on the exchange's rules. You are responsible for setting appropriate leverage, position sizes and risk controls.
6. Futures and perpetuals risk
Perpetual and futures contracts involve additional mechanisms such as funding rates, mark price, insurance funds and auto-deleveraging. These mechanisms can materially affect your positions. Review the specifications of each contract on the exchange before trading.
7. API, automation, latency, slippage and outage risk
Automated trading depends on multiple systems working together: your device, your internet connection, VScalp, the exchange API and the exchange matching engine. Any of these systems can experience latency, errors, downtime, rate limits, incorrect data or incorrect API permissions. Slippage between the intended and the executed price is normal, particularly during volatile periods. VScalp is not liable for third-party failures.
8. Exchange and counterparty risk
When you connect an exchange, you accept the counterparty risk of that exchange, including operational, custody, regulatory, credit and cyber risk. If an exchange suspends trading, delists a market, freezes withdrawals or fails, your positions and funds may be affected. VScalp does not control those events.
9. Your responsibility
- You are responsible for the API permissions you grant on the exchange and for revoking them when appropriate.
- You are responsible for your Auto-Trade configuration, open positions, orders and risk limits.
- You are responsible for monitoring your account and reacting to alerts, errors and market conditions.
- You are responsible for complying with laws, exchange rules and any regulatory obligations applicable to you.
10. Suitability
VScalp does not assess whether crypto trading, derivatives or automated trading are appropriate for you. You should consult a qualified professional if you are unsure whether the Service and the underlying instruments are suitable for your circumstances.
11. Contact
Questions about this disclosure can be sent to [CONTACT EMAIL]. See also our Terms of Use and Privacy Policy.