This "Risk and Compliance Statement" should be read together with Zhenbi's "Terms of Service" ("Services"). The company is established in accordance with North American and Canadian regulations. The company is registered in Canada. Simply put, we hope that you understand the important risks and compliance issues when trading on our platform.
- Trading is risky
The risk of losing in trading or holding digital assets can be high. Therefore, you should carefully consider whether the trading of digital assets or any leveraged or derivative digital assets is suitable for you based on your financial situation.
- Zhenbi does not accept any fiat currency
Although other platforms can help you deposit or withdraw fiat currency, Zhenbi does not allow or provide fiat currency settlement or withdrawal services. Zhenbi is only a digital asset trading platform.
- Digital assets are not money, nor fiat currency
Although there are other trading platforms that can convert or liquidate digital assets into money or fiat currencies, we do not provide such services. Zhenbi will not treat digital assets as money or fiat currencies because digital assets are not backed by any government or central bank.
- We do not accept certain customers
Zhenbi is a company based in Canada of North America and enjoys certain benefits. However, we cannot and do not want to serve certain customers, such as customers from local jurisdictions that prohibit activities involving digital assets, or customers listed on the international sanctions list, which require expensive cross-jurisdictional supervision. We do not want to violate the regulations of any countries at all.
- We can help the government
Although we may not welcome expensive regulation, we respect regulations and comply with applicable regulations. As good corporate citizens, we may be required by law enforcement agencies to provide information and will provide assistance where permitted by law. This means that our platform only welcomes customers who comply with the law. We welcome the opportunity to win your business, and accordingly, we ask you to act legally and correctly on our platform.