Risk Disclosure (Contracts)

1. Contracts ("This Service")

GHF Coin offers derivative trading products under this Service. GHF Coin is responsible for the design, management, and operation of the trading platform. To use GHF Coin contracts, you must carefully read and fully understand the terms of this agreement and choose to accept or decline it. You are not authorized to use GHF Coin contracts and its corresponding services unless you have read and accepted all terms of this agreement. Your acceptance of this agreement, as well as your use of this service, is considered as you have read and agreed to be bound by this agreement.

1. Eligibility to Use This Service

2.1 You understand and confirm:

2.1.1 You agree to comply with the "GHF Coin Service Agreement" and you are eligible and not prohibited from using the "services" defined therein;

2.1.2 This agreement does not conflict with the laws of your country or region;

2.1.3 You are the legal owner of the virtual assets deposited into this service, and you guarantee that these virtual assets are legally sourced;

2.1.4 This trading product can yield significant returns but also carries substantial risk and is not suitable for all investors. Before deciding to trade this product, you should carefully consider your investment goals, experience level, and risk tolerance. You should be aware of all risks associated with this trading product; if you have any doubts, seek advice from an independent financial advisor. The views, news, research, analysis, prices, or other information on this website or any linked sites are provided as general market commentary and do not constitute investment advice. We do not assume any liability for any losses or damages.

2.2 You understand the risks of using this service, including but not limited to:

2.2.1 High price volatility of virtual assets and their derivatives may cause significant or total losses in a short period;

2.2.2 Insufficient virtual assets deposited as margin may result in your position being immediately liquidated, and you may lose all virtual assets deposited in this service;

2.2.3 Technical anomalies may occur, which could delay or prevent you from using this service;

2.2.4 Market anomalies may occur, which could result in losses to your virtual assets;

2.2.5 To maintain overall market health, GHF Coin may periodically add, delete, or modify policies. Such actions may benefit or harm individual customers like you.

2.3 You acknowledge:

2.3.1 You must not use this service for any illegal purposes;

2.3.2 You will not initiate or promote any form of market manipulation.

1. Using This Service

3.1 This service provides you with real-time market depth and other information. You may view or download information for your analysis.

3.2 You can place trading orders through the website, client, API, and other means. Once an order is executed, it cannot be canceled or modified.

3.3 When you place an open position order and it is executed, you will establish a corresponding contract position. When you place a close position order and it is executed, the corresponding position quantity will be deducted from your holdings. This service will provide you with real-time information about your positions and the value of your virtual assets and their derivatives.

1. Limitation of Liability

4.1 To comply with changes in laws or regulations, or to maintain market health, GHF Coin may unilaterally change policies or implement emergency rules. Such changes or implementations may result in temporary unavailability of this service, allocation from your account, immediate liquidation of some positions, or disruption of other services. GHF Coin is not liable for any such losses.

4.2 GHF Coin is not liable for damages caused when the system platform cannot operate normally, preventing you from using various services or placing orders. Such situations include but are not limited to:

4.2.1 System maintenance periods announced by GHF Coin platform;

4.2.2 Failures in telecommunications equipment preventing data transmission;

4.2.3 Force majeure factors such as typhoons, earthquakes, tsunamis, floods, power outages, wars, or terrorist attacks causing system disruptions;

4.2.4 Disruptions or delays in services caused by hacker attacks, computer virus infections, telecommunications technical adjustments or failures, website upgrades, bank issues, or government regulations;

4.2.5 Losses due to technical issues beyond the industry’s current capabilities to predict or resolve;

4.2.6 Losses caused by the fault or delay of third parties affecting you or other third parties.

4.3 GHF Coin reserves the right to cancel transactions or roll back trades due to unexpected factors such as system failures, network issues, or hacker attacks. GHF Coin is not liable for any losses resulting from these actions.

4.4 You understand that technical issues may occur unexpectedly. GHF Coin is not responsible for any losses caused by technical issues, including but not limited to:

4.4.1 Failures, delays, interruptions, or other faults in connection with this service;

4.4.2 Service stoppage, slowness, unresponsiveness, or other faults due to overload;

4.4.3 Failures caused by the service’s inability to correctly retrieve necessary data from third parties via the internet.

4.5 GHF Coin strictly prohibits unfair trading practices. If you engage in the following behaviors, GHF Coin reserves the right to take control of your account at its sole discretion:

4.5.1 Engaging in price manipulation, insider trading, market manipulation, market distortion, or any other malicious market activities;

4.5.2 Damaging other users or GHF Coin by exploiting vulnerabilities in this service or other unreasonable means;

4.5.3 Participating in any other activities deemed harmful to the market by GHF Coin.

To eliminate any adverse impact on the overall market health, GHF Coin reserves the right to take measures including but not limited to closing your account, restricting, suspending, or canceling trades, rolling back trades, and/or returning trading-related digital assets to the complainant. In any case, GHF Coin will not be liable for any losses resulting from these measures.