Risk Disclaimer

Risks

Trading bitcoin with Cryptotrader can result in the total loss of your capital. Bitcoin is volatile. This is not a savings product: no deposit guarantee (DGS) and no investor compensation (ICS) apply. Past performance is no guarantee of future results.

Historical calendar-year returns of existing users are on Returns.

Exchange

Your funds and bitcoins sit on a third-party bitcoin exchange (Kraken or Bitstamp) while trading. Cryptotrader does not hold them. You bear the risk of fraud, hacks, outages or insolvency of the exchange. Loss via the exchange can be total.

API key

Your API key is stored encrypted. The key is for trading, not for withdrawals. If the key is stolen and decrypted, third parties can place orders on your exchange account without your consent. They cannot withdraw coins or balances, but they can open or close positions.

Open positions and HOLD

A pocket is sold only when the sell price is above the buy price. Open pockets and bitcoin on HOLD can fall in value. In a prolonged falling market your capital can drop (almost) to zero before a sale occurs. The sell rule does not mean you always make a profit.