Earn in CEL Risk Disclosure
BEFORE USING CELSIUS’ ‘EARN IN CEL’ SERVICE, YOU SHOULD ENSURE THAT YOU FULLY UNDERSTAND AND CAN AFFORD TO UNDERTAKE THE RISKS INVOLVED. THIS RISK DISCLOSURE LISTS SOME, BUT NOT ALL OF THE RISKS INVOLVED IN THE USE OF EARN IN CEL, AND IS INTENDED TO PROVIDE YOU WITH A GENERAL OUTLINE OF THE RISKS INVOLVED, BUT CAN NOT CAPTURE ALL SUCH RISKS. THE RISKS LISTED BELOW THEREFORE DO NOT CONSTITUTE AN EXHAUSTIVE LISTS, AND ADDITIONAL SIGNIFICANT RISKS MAY BE APPLICABLE. YOU SHOULD ALWAYS DO YOUR OWN RESEARCH!
THESE EARN IN CEL RISK DISCLOSURE SHOULD BE READ IN CONJUNCTION WITH CELSIUS’ GENERAL RISK DISCLOSURE, AND BY USING THE EARN IN CEL FEATURE YOU CONFIRM THAT YOU HAVE READ, UNDERSTOOD, AND CAN AFFORD TO TAKE THE RISKS INDICATED IN BOTH DOCUMENTS.
By electing to use the Earn in CEL service, you are confirming to Celsius that you are willing and able to assume the risks, known and unknown, associated with this service, and you agree that Celsius may rely on your confirmation of the same.
Celsus does not provide any legal, tax or financial advice and you are strongly advised to obtain independent legal, tax, or financial advice prior to choosing to Earn in CEL.
You can opt out of Earn in CEL at any time
CEL Tokens do not entitle their holders to any share in Celsius’ profits (such as, but not limited to, payment of dividends), or to exercise any voting or ownership rights in relation to Celsius. Celsius does not control, and shall not be responsible or liable for, volatility in CEL prices or any financial gains or losses which may be experienced by CEL holders.
CEL Tokens further do not grant their holders any rights to redeem the tokens, exchange them for any other digital asset or fiat currency, or sell them to Celsius or any third party. CEL Tokens are not pegged to any asset and have no intrinsic value, and its value is subject to fluctuation based on market forces. Celsius cannot and does not guarantee or make any representations regarding the transferability, future use, price or value of CEL Tokens.
See further section 4 “Risks Related to Celsius’ CEL Token” of Celsius’ Risk Disclosure, which is incorporated herein by reference.