Risk Disclosure Statement

Important Notices

1. Who Should Read This Document

This Risk Disclosure Statement applies to all users of PressX Global Corporation's cryptocurrency exchange and prediction markets platform. You should read it carefully before depositing any funds, executing any trade, or taking any position on our platform. If you do not understand any part of this document, you should seek independent financial, legal, or professional advice before proceeding.

2. Nature and Purpose of This Disclosure

This document is a risk disclosure statement, not a comprehensive description of all risks. Its purpose is to ensure you are aware of the principal risks associated with using our Services before you commit funds. The risks described here are not exhaustive. Cryptocurrency and prediction market products are highly complex and can involve risks not described in this document. The inclusion of a risk in this statement does not limit or qualify PressX's rights or your obligations under our Terms and Conditions.

PressX is incorporated in Panama and is not a regulated financial institution in any jurisdiction unless expressly stated. Nothing in our Services constitutes the provision of regulated financial services unless separately disclosed.

General Risks

3. No Investment Advice

PressX does not provide investment advice, financial advice, legal advice, or tax advice. Nothing on our platform — including market data, price charts, community commentary, research tools, or any communication from PressX — constitutes a recommendation or solicitation to buy, sell, or hold any cryptocurrency, digital asset, or prediction market position. All trading and investment decisions are made solely by you at your own risk. You should make your own independent assessment of the appropriateness of any transaction based on your own objectives, financial situation, and risk tolerance.

4. Risk of Total Loss

You may lose all of the money you deposit or commit to trading or prediction market positions on our platform. The value of cryptocurrency assets can fall to zero. Prediction market positions expire worthless if the event resolves against your position. You should never deposit funds you cannot afford to lose entirely. PressX bears no responsibility for any losses you incur as a result of using our Services.

5. Volatility Risk

The prices of cryptocurrencies and digital assets are extremely volatile. Price movements of 50% or more within a single day are not unprecedented in cryptocurrency markets. Factors that can affect prices include, but are not limited to: macroeconomic events and central bank policy; regulatory announcements in any jurisdiction; technological developments or security incidents affecting specific protocols; large-scale buy or sell orders by major market participants; changes in market sentiment, media coverage, or social media activity; and changes in the supply of specific tokens through minting, burning, or unlocking events. Volatility can result in significant losses that may exceed your initial deposit in certain product types.

6. Liquidity Risk

Some cryptocurrency pairs and prediction market contracts traded on our platform may have limited liquidity, particularly for larger order sizes or during periods of market stress. Limited liquidity can mean: you may be unable to execute a trade at the price you expect; your order may be partially filled or not filled at all; bid-ask spreads may widen significantly; and in extreme cases, you may be unable to exit a position at any price. PressX does not guarantee the availability of liquidity for any product on our platform at any time.

Platform and Operational Risks

7. Technology and Cybersecurity Risk

The use of internet-based trading platforms involves inherent technology risks. These include: server downtime or platform unavailability during which you may be unable to access your account or execute trades; delays, failures, or errors in order execution resulting from technical faults; cyberattacks, hacking, or unauthorised access to our systems or your account; software bugs or errors that may affect pricing, settlement, or account balances; internet connectivity failures beyond our control; and mobile or browser application errors. PressX implements security measures described in our Privacy Policy, but we cannot guarantee that our systems will be free from outages, errors, or security breaches. We are not liable for losses arising from technical failures or cybersecurity incidents unless directly caused by our gross negligence or wilful misconduct.

You are responsible for the security of your own account credentials, two-factor authentication devices, and connected wallets. PressX will not compensate you for losses resulting from your failure to maintain the security of your account access credentials.

8. Smart Contract and Protocol Risk

Our prediction markets and certain exchange features interact with public blockchain networks and may involve smart contracts — self-executing code deployed on a blockchain. Smart contracts involve specific risks including: coding errors or vulnerabilities that may be exploited by attackers and result in loss of funds; the irreversibility of blockchain transactions — if funds are sent incorrectly or in connection with a smart contract exploit, they cannot be recovered; oracle failures or manipulation that may result in incorrect or contested market resolution; and network congestion that may delay or prevent transaction execution. PressX does not guarantee the security or correct operation of any smart contract or third-party protocol.

9. Custody and Counterparty Risk

When you deposit funds to your PressX account, those funds are held in custody by PressX in accordance with our Terms and Conditions. Custodial risks include: the risk that PressX becomes insolvent, in which case your ability to recover assets may be subject to insolvency proceedings; the risk of theft or loss of assets from our custody systems despite our security measures; and the risk that technical failures prevent you from withdrawing funds. PressX maintains a minimum of 90% of customer digital assets in cold storage and does not rehypothecate customer assets except as expressly described in our Terms and Conditions. However, no custody arrangement is completely risk-free. Your cryptocurrency holdings on our platform are not covered by any government deposit guarantee scheme, including the FDIC (USA), FSCS (UK), or equivalent schemes in any other jurisdiction.

10. Geographic and Regulatory Risk

The regulatory status of cryptocurrency and prediction markets is evolving rapidly across all jurisdictions. Regulatory changes could: require PressX to obtain licences or cease operations in specific jurisdictions; result in your access to our Services being restricted or terminated; affect the tax treatment of your gains or losses; or require changes to how our products operate. If your jurisdiction of residence or citizenship changes such that you become a restricted person under our Terms and Conditions, you must notify PressX immediately. PressX is not liable for losses arising from regulatory changes or from your failure to comply with the laws of your jurisdiction.

Cryptocurrency-Specific Risks

11. No Deposit Protection

Cryptocurrency assets held in your PressX account are not covered by any statutory deposit protection or investor compensation scheme. Unlike bank deposits, there is no government guarantee covering the value of your cryptocurrency holdings. If PressX becomes insolvent, you would be an unsecured creditor in any insolvency proceeding, and you may not recover all or any of your assets. PressX is not a bank and does not provide banking services.

12. Blockchain and Network Risk

Blockchain networks are decentralised and operate independently of PressX. Network-level risks include: transaction irreversibility — once a blockchain transaction is confirmed, it cannot be reversed by PressX or anyone else; incorrect addresses — if you send cryptocurrency to an incorrect wallet address, the funds are lost permanently; network congestion — high transaction volumes can cause delays and increased fees; consensus failures — in rare cases, blockchain networks may experience forks, reorganisations, or consensus failures that affect transaction finality; and technology obsolescence — a blockchain protocol may be deprecated, abandoned, or rendered obsolete by a superior technology.

13. Fork, Airdrop, and Protocol Change Risk

Cryptocurrency protocols may undergo hard forks or soft forks that create new tokens or change the rules of the network. In such events, PressX will follow the policy described in our Terms and Conditions regarding the allocation of forked assets. PressX does not guarantee that you will receive any particular allocation of forked tokens or airdropped assets. PressX's handling of forks and airdrops is at our reasonable discretion in accordance with our Terms and Conditions.

14. Tax Risk

Cryptocurrency trading and prediction market participation may give rise to taxable events in your jurisdiction, including but not limited to: capital gains tax on disposal of cryptocurrency; income tax on mining, staking, or airdrop proceeds; VAT or goods and services tax in certain jurisdictions; and reporting obligations to tax authorities. The tax treatment of cryptocurrency is complex, varies by jurisdiction, and is subject to change. PressX does not provide tax advice. You are solely responsible for determining the tax consequences of your activities on our platform and for reporting and paying all applicable taxes. We recommend that you consult a qualified tax advisor in your jurisdiction.

Prediction Market-Specific Risks

15. Prediction Markets Are Speculative

Prediction markets are speculative instruments. A position in a prediction market contract has a binary outcome — it is either worth the maximum payout (typically $1.00 per share) or nothing ($0.00 per share) at resolution. Unlike conventional investments, there is no partial recovery — a position resolves either fully in your favour or as a total loss. Prediction market prices reflect the collective probability assigned by market participants to an outcome; they are not a guarantee of any outcome and may be subject to manipulation, thin liquidity, or information asymmetry. You should only participate in prediction markets if you fully understand their binary, speculative nature.

16. Oracle and Resolution Risk

Prediction market contracts are resolved by reference to one or more data sources (oracles) specified in the contract terms at listing. Oracle risks include: data source unavailability — if the designated primary source is unavailable at resolution time, PressX will apply the fallback hierarchy described in our Terms and Conditions; data source error — an oracle may publish incorrect data, resulting in an incorrect resolution that PressX may correct or void pursuant to our Terms; conflicting sources — where two authoritative sources report different outcomes, resolution may be delayed until the conflict is resolved; and oracle manipulation — malicious actors may attempt to manipulate oracle data to affect resolution outcomes. See our Terms and Conditions §5.14 for our resolution fallback policy.

17. Market Halt and Emergency Action Risk

PressX reserves the right to halt trading in any prediction market contract or across the entire prediction markets platform at any time for reasons including: suspected market manipulation; oracle disruption or data unavailability; extreme market volatility; technical system issues; smart contract vulnerabilities; and legal or regulatory requirements. During a market halt, your open positions will be frozen and you will be unable to open or close positions. PressX will act in good faith and restore trading as soon as reasonably practicable, but cannot guarantee any specific timeline for resumption. Halts are not a basis for compensation claims against PressX unless caused by our gross negligence or wilful misconduct.

Acknowledgement

18. Your Acknowledgement

By creating an account on our platform, depositing funds, or executing any trade or prediction market position, you acknowledge and confirm that:

• –You have read and understood this Risk Disclosure Statement in full;
• –You understand that using our Services involves significant financial risk, including the risk of total loss of all funds deposited;
• –You are making your own independent decision to use our Services and are not relying on any advice, recommendation, or inducement from PressX;
• –You have assessed your own financial situation and risk tolerance and determined that participation is appropriate for you;
• –You understand that prediction market positions are binary and speculative and may expire worthless;
• –You understand that cryptocurrency assets are not covered by any government deposit guarantee scheme;
• –You accept that PressX is not liable for losses arising from market volatility, liquidity constraints, technology failures, regulatory changes, or other risks described in this document, except where caused by PressX's gross negligence or wilful misconduct;
• –You will comply with all applicable laws in your jurisdiction relating to cryptocurrency trading and prediction market participation; and
• –You are solely responsible for all tax reporting and payment obligations arising from your use of our Services.

If you do not accept these risks, you must not use our Services. If you have any questions about the risks described in this document, please contact us at legal@pressx.com before proceeding.