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RISK Leveraged products can be liquidated fast and may result in the loss of your entire margin. Educational content only — not investment advice. Read the full risk disclosure →

Legal // read before trading

Risk & compliance disclosure

Last updated: September 26, 2026. This page also carries the content of the site's earlier disclaimer; the legacy /disclaimer route remains available.

Core warning Crypto perpetual futures and other leveraged products carry a high level of risk. Price moves of a few percent can liquidate an entire margin balance. You may lose all of the funds committed to a position — and in some margin modes, funds beyond the position itself. Never trade with money you cannot afford to lose.

1. Not investment advice

All content on KipenO is published for educational and informational purposes only. Nothing on this site constitutes financial, investment, tax, legal or any other form of advice, or a recommendation to buy, sell, hold or open/close any position in any asset or derivative. Nothing here is a recommendation to buy, sell, or hold any cryptocurrency. We do not provide portfolio, brokerage or execution services.

2. Educational only

Worked examples, formulas, tables and calculator outputs are simplified explanations of how these products behave, not quotes for any specific product or return. Prices, rates and availability change rapidly; an illustration on this site is not an offer.

3. Liquidation and leverage risk

Leverage amplifies both gains and losses. Even when a directional view is eventually correct, temporary adverse movement can trigger liquidation before the move plays out. Funding payments are deducted automatically from margin and can move a position closer to liquidation while the market is flat. During volatile periods, orders — including stop orders — may execute far from expected prices due to gaps, slippage and system load. In cross margin mode, funds beyond the position's assigned margin are also at risk.

4. Do your own research (DYOR)

Verify every rate, margin requirement, fee and contract specification directly with the exchange before trading. Exchanges can amend contract terms, funding intervals and margin tiers. Any decisions you make are solely your own responsibility; consider consulting a licensed financial advisor before making investment decisions.

5. Affiliate disclosure

KipenO may place affiliate links to crypto exchanges. If you register or transact through such a link, we may receive a commission or other benefit at no additional cost to you. This compensation may influence which exchanges are listed, but it never changes our risk warnings or the mechanics we describe. We will not claim sign-up rewards, fee rebates or other benefits that have not been verified directly with the exchange.

Current status: every exchange button on this site is a placeholder pointing nowhere; no affiliate relationship is configured as of September 26, 2026.

6. Accuracy of information

Content is provided in good faith and reflects rules believed accurate at the time of writing, but we do not guarantee the accuracy, completeness or timeliness of any information, and we make no representation that it is error-free. Real exchanges use mark/index prices, maintenance-margin tiers, funding caps, insurance funds and auto-deleverage mechanisms that a simplified formula cannot reproduce. We are not liable for losses connected to reliance on site content or tools.

7. External links

This site may contain links to external sites. We are not responsible for their content, accuracy or practices. Following an external link does not create any advisory relationship with KipenO.

8. Jurisdictional availability

Leveraged tokens and derivatives are restricted or unavailable in some jurisdictions, and eligibility rules differ by exchange and by user residency. It is the reader's responsibility to determine whether using these products is lawful where they live. Nothing on this site is an offer or solicitation in any location where such activity would be unlawful.

9. No exchange affiliation

Unless explicitly stated, KipenO is not owned by, endorsed by or partnered with any exchange, and all product and company names are trademarks of their respective owners. Mentions are explanatory, not endorsements.

10. Your responsibility

Any financial decisions based on this website are your own responsibility. Crypto markets are highly volatile and speculative, and cryptocurrency involves substantial risk including the possible loss of your entire investment.

11. Contact

Legal and correction requests can be sent via the contact address to be configured on this domain. A plain-language summary of this page is available at the disclaimer route.