Risk disclosure
Trading crypto assets carries a high risk of loss. Read this page before you trade with real money on Algonney.
You can lose money
- Crypto prices can move very fast and by large amounts, at any time of day.
- With leverage on futures, a small price move can cause a large loss, and a position can be liquidated.
- Only trade with money you can afford to lose.
Past results are not future results
Backtests and paper trading use historical or simulated conditions. Live trading has fees, funding, slippage, partial fills and delays that differ from any test. A strategy that did well in a test can lose money live.
Automated trading has its own risks
- A bot follows its strategy exactly, also when market conditions change.
- Exchanges, networks or our service can be interrupted. During an interruption a bot may miss entries or exits, and a stop loss may fill at a worse price than set.
- Exchanges can change their rules, fees, limits or listings, or stop serving your region.
Your responsibility
Algonney is a software tool, not an investment adviser, broker or exchange. We do not hold the funds in your exchange account; the USDT balance you keep in your Algonney wallet to pay for plans and tokens is covered by the Wallet terms and is never used for trading. You choose the strategies, bots, sizes and leverage, and you are responsible for the result and for any taxes. If you are unsure, ask an independent financial adviser.
Contact
Questions: support@algonney.com, or Support in the app.
Related policies
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