The value of digital assets may arise from the continued willingness of market participants to exchange digital assets for digital assets, which may result in a permanent and complete loss of value of a given digital asset if the market for that digital asset disappears. This agreement entered into and entered into on May 6, 2008 by and between Western Sierra Mining Corp. (WSM) at 2750 Cisco Drive South, Lake Havasu City, Arizona 86403 and Don L. Jenkins et al. (Jenkins) at P.O. Box 2880, Prescott, Arizona 86302; in short, "the parties". As a result, leveraged and futures products can lead to significant losses due to relatively small market movements in a short period of time. These are complex financial derivatives that use leverage that carries significant risk and require an initial and ongoing reservation of collateral to ensure margin requirements are met. Therefore, leveraged and term products are not suitable for all users. It is designed so that it can only be used by very sophisticated users, for example. B by active traders who use dynamic strategies. Be extremely careful in trading these assets and only act if you understand how they work, including, but not limited to, the risks of using leverage, the consequences of seeking investment results that pay for itself on a daily basis, the risk of a vacuum, and the impact of interest rate and market volatility risks on leveraged products. You may incur a total loss of the initial Margin funds and any additional funds deposited into your account on the Poloniex platform to maintain your positions.
If the market moves against your position or the margin level rises, your position will be liquidated and you will lose all your funds. Subject to your compliance with this Agreement and any other agreements that may exist between you and Polo in connection with your use of the API, Polo grants you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to use the API exclusively for trading on Poloniex. You agree not to use the API or the data provided through the API for any other commercial purpose. You will access and use the API only at your own risk, and Polo is not responsible for any actions you perform based on the API. Legislative and regulatory changes or measures taken at the national, federal, national or international levels may have a negative impact on the use, transmission, exchange and value of digital assets. . . .