Common use of Cryptocurrencies Clause in Contracts

Cryptocurrencies. 1.1 Point offers its Clients, CFDs on Cryptocurrencies for trading on its Online Platforms. CFDs in general are high risk and complex financial instruments, which allow you to speculate on the price of an underlying asset. CFDs are offered with leverage, which means you only need to put down a small portion of the investment’s total notional value, known as the ‘margin’, and the CFD provider loans you the rest. However leverage also magnifies the impact of price changes on both your profits and losses. This means you can lose money very rapidly. Therefore, leveraged trading can be risky as losses may exceed your initial outlay. 1.2 CFD Cryptocurrencies are types of decentralized digital or virtual currency, or asset which is not issued by any central bank, government or other issuer, in which encryption techniques are used to facilitate the generation of units of the currency, or asset and verify the transfer of units. 1.3 CFD Cryptocurrencies allow investors to speculate on a change in price of a cryptocurrency such as Bitcoin or Ethereum. CFD Cryptocurrencies can experience significant price volatility, which in combination with leverage, places you at risk of suffering significant losses. Cryptocurrency CFDs are an extremely high-risk, speculative investment. You should understand the risks involved and fully consider whether investing in CFD Cryptocurrency is appropriate for you. You should seek independent legal advice if you are in any doubt and before making any investment decisions.