The value of Digital Currencies can be extremely volatile and unpredictable, and can result in significant loss in a short period of time.
The value of Digital Currencies may be derived from the continued willingness of market participants to exchange U.S. Dollars (or other fiat currencies) for Digital Currency, which may result in the potential for permanent and total loss of value of a particular Digital Currency should the market for that Digital Currency disappear.
There are a number of other factors, all of which are outside of the Control of Circle, that might result in a sudden and significant decline in the value of a given Digital Currency, including, but not limited to: (i) technical defects, limitations or changes to a given Digital Currency, (ii) the emergence of competing Digital Currencies, (iii) adverse actions taken by regulators or law enforcement (whether in the United States or globally) or (iv) the occurrence of a “fork” of a given Digital Currency.
Unless stated otherwise in Circle’s sole discretion, Circle Invest does not support “forks” of the Digital Currencies supported on Circle Invest.
The ability for you to purchase Digital Currencies using Circle Invest is contingent on Circle’s ability to source inventory of such Digital Currencies from third party providers that are outside of Circle’s control, therefore Circle makes no promises as to the timing or availability of the ability to purchase Digital Currencies using Circle Invest.
The software protocols that underlie Digital Currencies are typically open source projects, which means that (i) the development and control of such Digital Currencies is outside of Circle’s control and (ii) such software protocols are subject to sudden and dramatic changes that might have a significant impact on the availability, usability or value of a given Digital Currency.
Circle may be forced to suspend or discontinue the ability to purchase or sell Digital Currency without notice.
When you purchase Digital Currency on Circle Invest, you cannot send your Digital Currency to any third party wallets. This means that your only option for selling such Digital Currency is to sell it back to Circle within Circle Invest - even if the price at which you can sell is lower than the same Digital Currency may be sold for on other platforms.
Digital Currency held on Circle Invest is not protected by FDIC insurance or any other government-backed or third party insurance scheme.
See our US Licenses for state-specific disclosures regarding Digital Currency.
