Legal

Risk Disclosure

Last Updated: April, 2026

BITOSHI - USER RISK DISCLOSURE & ACKNOWLEDGEMENT FORM

This Risk Disclosure and Acknowledgement Form (“Form”) is entered into between:

Bitoshi (Byartist Limited) (“the Company”) and The User (“the Customer”)

By accessing and using the Company's platform, the Customer acknowledges and agrees to the risks associated with virtual asset transactions as outlined below.

A. ACKNOWLEDGEMENT OF RISKS

a) The Customer hereby acknowledges and understands that:

i. Market Risk

1. Virtual assets are highly volatile
2. Prices and liquidity conditions may fluctuate significantly within short periods.
3. The Customer may lose part or all of their investment

ii. Liquidity Risk

1. There may be instances where the Customer is unable to execute trades at desired prices
2. Market conditions may affect order execution

iii. Technology & System Risk

1. The platform may experience downtime, delays, or technical failures
2. Transactions may be delayed due to system blockchain network, validator, or connectivity issues.

iv. Custody and Access Risk

1. Loss, compromise, or unauthorized access to login credentials, wallets, authentication devices.
2. Recovery methods may result in partial or complete loss of digital assets.

v. Cybersecurity Risk

1. Digital assets may be exposed to risks such as hacking, phishing, or unauthorized access
2. The Customer is responsible for securing their login credentials

vi. Regulatory Risk

1. The regulatory environment for virtual assets is evolving
2. Changes in laws or policies may impact the Company's services

vii. Transaction Irreversibility

1. Cryptocurrency transactions are generally irreversible
2. Incorrect wallet addresses or transaction errors may result in permanent loss

viii. Fraud and Social Engineering Risk

1. Customers may be targeted by scams, impersonation attempts, phishing attacks, fake investment schemes, or other fraudulent activities.
2. The Company shall not be responsible for losses resulting from customer interactions with unauthorized third parties.

ix. Blockchain Network Risk

x. Third-Party Risk

1. Certain services (e.g., payments, KYC verification) may involve third-party providers
2. The Company shall not be responsible for losses arising from failures, interruptions, or actions of independent third-party providers beyond the Company's reasonable control.”

B. REGULATORY INCUBATION DISCLOSURE

The Customer acknowledges that the Company may operate under a regulatory incubation or approval framework during certain phases of operation, and certain services or features may be modified, restricted, suspended, or subject to evolving regulatory requirements.

C. CUSTOMER DECLARATIONS

The Customer hereby confirms that:

◆They have read and understood this Risk Disclosure & Acknowledgement Form;
◆They understand the risks involved in virtual asset transactions;
◆They are acting on their own behalf and not under duress;
◆They understand the nature of virtual asset transactions and the associated risks;
◆They agree to bear all risks associated with their transactions.

All trading, investment, or transaction decisions are made independently by the Customer.

D. NO INVESTMENT ADVICE

The Customer acknowledges that:

◆The Company does not provide investment, financial, or legal advice.
◆All decisions are made solely at the Customer’s discretion.

E. NO GUARANTEE OF RETURNS

The Company does not guarantee profitability, returns, price stability, or protection against losses relating to virtual asset transactions.

F. LIMITATION OF LIABILITY

To the extent permitted by applicable law:

The Company shall not be liable for losses arising from:

◆Market fluctuations
◆User errors
◆System interruptions
◆Cyber incidents
◆Regulatory actions;
◆Other external events beyond its control

G. CONSENT AND ACCEPTANCE

a) By selecting the acceptance option below and/or continuing to use the platform, the Customer:

1. Confirms that they have read and understood this Risk Acknowledgement Form.
2. Acknowledges and accepts the risks associated with virtual asset transactions.
3. Agrees to be bound by the terms outlined herein.

b) The Company shall maintain an electronic record of such acceptance, including but not limited to:

1. User account identifier.
2. Date and time of acceptance.
3. IP address and/or device information (where available).

Such records shall constitute valid evidence of the Customer's consent for regulatory purposes.