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Trading crypto assets — including through automated strategies ("Bots") on Winx VIP (the "Service") — involves significant risk, including the risk of losing all of the capital you allocate. Read this disclosure in full before using the Service. It should be read together with the Terms of Service and Privacy Policy.
1. Crypto Assets Are Highly Volatile
The value of crypto assets can rise or fall rapidly and unpredictably, at any time, including outside normal market hours. Price swings can be far larger and faster than in traditional financial markets. You could lose a substantial part, or all, of the capital allocated to a Bot.
2. No Guaranteed Returns — Past Performance Is Not a Promise
- No Bot, strategy, or feature of the Service guarantees a profit or protects against loss.
- Any historical, simulated, or backtested performance shown in the app is illustrative only and is not a reliable indicator of future results. Market conditions that produced past results may not recur.
- The Service's 30% performance fee on realized profit reduces your net return relative to gross trading performance — factor this in when assessing whether a strategy's historical results would have been worthwhile net of fees.
3. Automated / Algorithmic Trading Risk
Bots execute trades automatically, based on predefined logic, without a human reviewing each individual order before it is placed. This introduces risks that do not exist with manual trading, including:
- Software risk: bugs, unexpected edge cases, or a strategy behaving differently than intended.
- Latency and slippage: the price at which an order actually fills may differ from the price at the moment the Bot decided to trade, especially during volatile or illiquid conditions.
- Model risk: a strategy that performed well historically or in backtesting may perform poorly in live, real-time market conditions.
- Downtime risk: if the Service, its infrastructure, or Reku's own systems are unavailable, a Bot may fail to place, modify, or cancel orders when it otherwise would have — including during a fast-moving market.
4. This Service Is Non-Custodial — Understand What That Means
Winx VIP does not hold, safeguard, or have withdrawal access to your funds. Your assets remain in your own Reku account at all times, and the Service only places and manages orders on Reku using the API key you generated and granted. This has risk implications you should understand:
- Exchange risk is yours, directly with Reku. The security, solvency, and continued operation of your Reku account depend on Reku, not PAKD. If Reku is hacked, becomes insolvent, halts withdrawals, or otherwise fails, PAKD has no ability to protect, recover, or compensate you for the funds in your Reku account.
- API key security is your responsibility. Anyone who obtains your Reku API key and secret could potentially act on your Reku account within whatever permissions that key has. Never enable withdrawal permission on the key you connect to the Service (it is not needed and not requested), and keep your Reku account's own login credentials secure — the Service never asks for those.
- We do not control Reku's platform. Trading rules, fees, available pairs, uptime, and API behavior on Reku's side are entirely outside our control and can change or fail without notice from Reku.
5. Fee Impact on Returns
The performance fee (30% of realized profit) is charged only on positive realized profit, but it still means your net return is always lower than the Bot's gross trading result. Over time and across many trades, this can be a meaningful drag on compounding returns — factor it into your expectations before allocating capital.
6. Regulatory and Legal Risk
The legal and regulatory treatment of crypto assets, and of automated trading services, varies by jurisdiction and continues to evolve. Future regulatory changes could affect the availability, legality, or tax treatment of the Service or of trading crypto assets in your jurisdiction. You are responsible for determining whether using the Service is lawful where you are located, and for any tax obligations arising from your trading activity.
7. Technology and Third-Party Dependency Risk
The Service depends on internet connectivity, cloud infrastructure, and third-party systems (including Reku's) that are outside our control. Outages, network failures, or force-majeure events (e.g. large-scale infrastructure failure) can prevent Bots from operating as expected at critical moments.
8. This Is Not Financial, Investment, Legal, or Tax Advice
Nothing in the Service, including strategy descriptions, performance figures, or any content in the app, is a recommendation that any particular Bot or amount of capital is suitable for you. You are solely responsible for evaluating whether to use the Service and how much capital to risk. Consider speaking with an independent, qualified financial adviser before trading, especially with capital you cannot afford to lose.
9. Your Acknowledgment
By using the Service, you acknowledge that you have read and understood this Risk Disclosure, that you are voluntarily choosing to trade crypto assets through automated strategies, and that you accept full responsibility for the outcomes of that choice, subject to the Terms of Service.
10. Contact
Questions about this Risk Disclosure: [support email].