Risk Disclosure
Last updated: January 2025
Important Notice
Trading on prediction markets involves substantial risk of loss. You should only trade with funds you can afford to lose. Please read this entire disclosure carefully before using bebext.
1. Nature of Prediction Markets
Prediction markets are speculative instruments that allow participants to trade on the outcomes of future events. The prices in these markets reflect the collective probability assessments of participants, not guaranteed outcomes.
bebext provides a platform for trading these instruments. We do not provide investment advice, and nothing on our Platform should be construed as such.
2. Risk of Loss
Trading on bebext carries significant risks, including but not limited to:
- Total Loss of Funds: You may lose 100% of the funds you use to trade
- Volatility Risk: Market prices can change rapidly and unpredictably
- Liquidity Risk: You may not be able to exit positions at desired prices
- Event Risk: Unexpected events can dramatically impact market outcomes
- Resolution Risk: Markets may resolve differently than anticipated
3. No Guaranteed Returns
There are no guaranteed returns on bebext. Past performance of any market or trading strategy does not guarantee future results. Even markets that appear "certain" can resolve unexpectedly.
You should never trade based on the assumption that a particular outcome is guaranteed.
4. Market Manipulation and Information
While we take measures to prevent market manipulation, we cannot guarantee that all markets are free from manipulation or that all information reflected in market prices is accurate.
You should conduct your own research and not rely solely on market prices when making trading decisions.
5. Technical Risks
Using bebext involves technical risks, including:
- System outages or downtime that may prevent you from trading
- Delays in order execution or settlement
- Software bugs or errors that may affect your trades
- Cybersecurity risks, including potential unauthorized access
- Internet connectivity issues affecting your ability to trade
6. Regulatory Risks
The regulatory environment for prediction markets is evolving and varies by jurisdiction. Changes in laws or regulations may:
- Restrict your ability to use the Platform
- Require us to modify or discontinue certain features
- Impact the value or availability of your positions
- Result in legal consequences for you as a user
You are responsible for ensuring that your use of bebext complies with all applicable laws in your jurisdiction.
7. Responsible Trading
We encourage all users to trade responsibly:
- Only trade with funds you can afford to lose entirely
- Set personal limits on your trading activity
- Never chase losses by increasing position sizes
- Take breaks if trading becomes stressful
- Seek help if you feel you may have a trading problem
8. No Financial Advice
bebext does not provide financial, investment, tax, or legal advice. All information on the Platform is for informational purposes only. You should consult with qualified professionals before making any financial decisions.
9. Acknowledgment
By using bebext, you acknowledge that you have read and understood this Risk Disclosure, and you accept the risks associated with trading on prediction markets. You confirm that you are trading of your own volition and accept full responsibility for your trading decisions.
10. Questions
If you have any questions about the risks associated with trading on bebext, please contact us before trading:
Email: support@bebext.com
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