1. General Disclaimer
This disclaimer applies to the access and use of the HUMB Exchange platform, including its website, mobile applications, APIs, and related services (collectively, the "Platform").
HUMB Exchange operates a digital asset trading and tokenization platform facilitating transactions in virtual digital assets (VDAs), including cryptocurrencies and blockchain-based tokens.
All information, content, and materials available on the Platform are provided for informational and educational purposes only. Nothing on the platform constitutes, or should be construed as, financial advice, investment advice, legal advice, or tax advice.
HUMB Exchange does not make any representation, warranty, or guarantee regarding the accuracy, completeness, or timeliness of the information provided on the platform.
Users are solely responsible for:
- Determining whether the use of the Platform is suitable, lawful, and appropriate for them
- Conducting their own due diligence before engaging in any transaction
- Complying with applicable laws and regulations
Any references to third-party protocols, blockchain networks, issuers, tools, or information sources do not constitute an endorsement, recommendation, or validation by HUMB Exchange.
To the maximum extent permitted by law, HUMB Exchange shall not be liable for any losses arising from reliance on information made available on the Platform. The Platform is provided as infrastructure, not as advice.
2. Risk Disclosure
Trading, holding, or using virtual digital assets involves substantial risk and may result in the loss of part or all of the invested amount.
Users acknowledge and understand that risks associated with virtual digital assets include, but are not limited to:
- Market risk, including high volatility and rapid price fluctuations
- Liquidity risk, including limited exit options or insufficient market depth
- Regulatory risk, including changes in Indian or international laws, taxation frameworks, or enforcement actions
- Technology risk, including smart contract vulnerabilities, blockchain forks, protocol failures, or system disruptions
- Operational and cybersecurity risk, including system outages, unauthorized access, or security incidents
Virtual digital assets:
- Are not legal tender in India
- Are not backed by any government, central authority, or statutory guarantee
- May be subject to abrupt regulatory, technological, or market changes
Any digital asset's past performance does not guarantee future results.
The regulatory framework governing virtual digital assets in India is evolving. Regulatory actions or changes may impact the availability of assets, features, or services on the platform.
Users should carefully assess their financial situation, risk tolerance, and understanding of digital assets before engaging with the platform and are encouraged to consult independent financial, legal, or tax professionals where appropriate.
3. Fees & Charges Disclaimer
Users may be subject to fees and charges when using the Platform, including but not limited to:
- Trading fees, such as maker/taker or equivalent structures
- Deposit and withdrawal fees
- Network or blockchain fees imposed by third-party protocols
- Applicable taxes, levies, or statutory deductions under Indian law
Fees and charges:
- May vary based on asset type, transaction size, market conditions, or promotional programs
- Are subject to change and will be disclosed on the Platform
Displayed fees may not include applicable taxes or third-party network charges. The final applicable fees are shown to the user prior to transaction confirmation.
By initiating a transaction, users expressly authorize HUMB Exchange to deduct applicable fees, charges, and taxes from their account balance.
HUMB Exchange is not responsible for fees imposed by third-party blockchain networks or protocols. Users are advised to review the applicable fee information carefully before confirming any transaction.