Disclosure and Risk Concerning the Custody of Assets

Disclosure and Risk Concerning the Custody of Assets 

Orbix Trade Co., Ltd. (“the Company”) hereby provides the following disclosure and risk information regarding the custody of customer assets: 

1. Custody of Client Assets 

The Company is not a financial institution under the law governing deposit protection, and any money or digital assets deposited with the Company are not considered protected under such law. In the event of loss or damage to assets deposit with Company, you may not be able to recover the full amount of your assets immediately. 

2. Review of the Financial Status of the Digital Asset Business Operator 

Users can review the Company’s financial status through the financial statements/reports published on the Company’s website. In addition, users should consider other relevant information before deciding to use the Company’s services, such as service quality and complaint handling processes. 

3. Users Risk Management  

3.1 Users may manage risks associated with the custody of digital assets by keeping only the necessary amount with the Company for trading purposes, while the remaining assets may be stored in the user’s own digital wallet. Before transferring or conducting any transactions, users should study how to use different types of wallets and learn how to securely store private keys or passwords. 

3.2 Cryptocurrency is high risk asset, please thoroughly study and understand the risks of cryptocurrency, for you may lose all your investment. 

3.3 Digital assets are not backed by any institution and cannot be used as legal tender. 

3.4 The prices of digital assets are highly volatile, and their value may fall below the purchase price. Therefore, users must be willing to accept the risk of price fluctuations while trading digital assets, which may result in financial losses. 

3.5 The Company cannot guarantee your assets value due to price fluctuations or other factors beyond its control. Users are encouraged to study the information about the digital assets they intend to invest before making any decisions. 

4. Custody of Digital Assets with Third-Party Service Providers 

The Company stores digital assets with the following Third-Party Custodians: 

• BitGo Trust Company Inc. – Registered in the United States (State of South Dakota) and regulated by the South Dakota Division of Banking (U.S.). Provides digital asset custody services as Cold Wallet. 
  🔗 https://bitgo.com/ 

• Binance Investments Co., Ltd. – Registered in the Republic of Seychelles and regulated by the Financial Services Authority (FSA) of Seychelles. Provides digital asset custody services as a .  🔗