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Risk Disclosure

Qatobit VDA Service Provider — FIU-IND Compliant

Mandatory Pre-Trading Acknowledgment

Required under PMLA 2002

Critical Warning

Virtual Digital Assets carry extreme risk of loss. You may lose 100% of your invested capital. This disclosure must be read and acknowledged before trading. Past performance is not indicative of future results.

01

Market Volatility

Virtual Digital Assets (VDAs) are subject to extreme price volatility, with potential 50–90% declines within hours or days.

Bitcoin

–73% drawdown

Nov 2021 – Jun 2022

Terra LUNA

–99.99% total collapse

May 2022

No recovery is guaranteed; similar crashes remain possible at any time.

02

Total Capital Loss

Users may lose 100% of invested capital due to:

  • Market crashes — VDA prices can drop to zero.
  • Platform failures — exchange insolvency or technical collapse.
  • Cybersecurity breaches — hacks despite cold storage.
  • Regulatory interventions — FIU-IND asset freezes (up to 180 days), PMLA account termination, banking bans.

No principal protection, insurance payouts, or guarantees are provided. Qatobit custodial insurance covers only platform negligence — not market losses or regulatory holds.

03

FIU-IND Regulatory Risks

Qatobit users face mandatory FIU-IND regulatory interventions that may result in prolonged asset inaccessibility.

STR/CTR Investigations

Account automatically frozen during FIU-IND Suspicious Transaction Report (STR) or Cash Transaction Report (CTR) investigations — up to 180 days under PMLA Section 12. No trading or withdrawals permitted during the hold period.

Structuring Detection

Multiple deposits <₹10 lakhs designed to evade the CTR threshold trigger immediate account suspension. Example: 10× ₹9.9L deposits vs. a single ₹1Cr deposit.

Velocity Monitoring

High-frequency trading (>10 deposit/withdrawal cycles per day) automatically flags Enhanced Due Diligence (EDD) review and potential STR filing to FIU-IND within 7 days.

Income Mismatch

Single deposits exceeding 10× declared annual income (KYC profile) require comprehensive source-of-funds proof within 7 days — including ITRs, bank statements, and salary slips covering the transaction value.

Impact  Zero access to funds during compliance reviews. Non-response = permanent account termination + FIU-IND blacklisting. Standard FIU-IND VASP requirement — no exceptions for retail users.
04

Cybersecurity Exposure

Despite Qatobit's 95%+ cold storage and multi-signature protocols, users remain exposed to significant cybersecurity threats.

Phishing / SIM Swaps

User responsibility. Mandatory 2FA required, but social engineering attacks bypass platform security. Users must safeguard credentials, authenticator apps, and mobile numbers. Qatobit is not liable for compromised access.

Platform Hacks

Even robust exchanges face breaches. Qatobit insurance covers only direct platform negligence — not third-party exploits or user errors. Persistent industry risk remains.

Impact  Potential total asset loss from unauthorized access or exchange compromise. No recovery guaranteed beyond insurance limits. Standard VDA service provider risk profile.
05

AML/CFT Specific Risks

Qatobit's automated AML/CFT monitoring triggers strict interventions to comply with FIU-IND and PMLA requirements, potentially limiting user access to funds.

High-Volume Outliers

Transactions exceeding velocity/volume thresholds trigger automated compliance interventions under FIU-IND VDA guidelines. Users must provide EDD documentation within 7 days or face permanent suspension.

Chain-Hopping / Mixers

Use of privacy protocols, cross-chain transfers, or mixing services is prohibited. Detected patterns result in immediate STR filing to FIU-IND and account termination.

Sanctions / PEP Matches

Any match against OFAC, UN, or Indian sanctions lists, or Politically Exposed Person (PEP) designation, leads to account termination without notice. No appeal process during active investigations.

Impact  Temporary or permanent loss of fund access. All actions are automated for regulatory compliance — Qatobit exercises zero discretion. Standard VDA service provider obligation.
06

Liquidity & Operational Limits

Qatobit users face inherent liquidity constraints and operational limitations due to VDA market dynamics and FIU-IND regulatory requirements.

Basket Rebalancing Slippage

During high volatility periods (5–15% price swings), automated basket rebalancing incurs significant slippage. Example: BTC dominance shift from 60% to 40% triggers 8–12% execution loss in thin order books.

INR Withdrawals Pending Approval

Fiat off-ramps subject to FIU-IND regulatory clearance. Processing delays of 7–30 days common during compliance reviews or banking partner KYC updates. No guaranteed timelines.

No Leverage / Margin Trading

Retail users prohibited from leveraged positions per FIU-IND risk guidelines. Spot trading only — no derivatives, futures, or borrowing facilities available.

Impact  Reduced liquidity during stress events + regulatory delays amplify losses. Users must plan for extended capital lockup periods. Standard VDA service provider operating constraints.
07

No Investment Advice

Qatobit provides zero financial advice, recommendations, or guarantees. Past basket returns (including any +200% historical performance) are entirely irrelevant to future performance. All trading decisions are made solely at the User's own risk and discretion. Nothing on this Platform constitutes investment advice, a solicitation to invest, or a promise of returns.