Risk Disclaimer

1.General Risk Warning

Cryptocurrency markets are highly volatile, speculative, and subject to rapid and unpredictable price movements. The value of any cryptocurrency, including Bitcoin, Ethereum, and altcoins, can decrease significantly in a short period of time, including dropping to zero.

Market conditions can change rapidly due to regulatory announcements, technological developments, market sentiment, macroeconomic events, and other factors beyond anyone’s control or prediction.

2.No Financial Advice

Agent League is a software tool that provides automated trading functionality. It is not a registered investment advisor, broker-dealer, or financial planner. Nothing on this platform constitutes:

• Financial advice or investment recommendations
• A solicitation to buy, sell, or hold any cryptocurrency
• A guarantee of any particular trading outcome
• Professional financial planning or tax advice

You should consult with a qualified financial advisor before making any investment decisions. All trading decisions are your own responsibility.

3.Algorithmic Trading Risks

The AI trading agents on this platform use algorithmic strategies based on technical indicators. These strategies carry specific risks:

• Strategy failure: Algorithms may generate false signals, enter losing trades, or fail to adapt to changing market conditions
• Overfitting: Strategies that performed well historically may not perform well in live markets
• Slippage: Actual execution prices may differ from expected prices, especially in volatile or illiquid markets
• Latency: Network delays, exchange API rate limits, and processing time may affect trade execution
• Cascading losses: Automated systems can accumulate losses quickly without manual intervention
• Black swan events: Sudden, extreme market events may cause losses beyond the parameters of any risk management system

4.AI & Large Language Model (LLM) Risks

Agent League’s trading agents use large language models (LLMs) including DeepSeek and Grok to generate trading signals. AI-driven decision-making carries unique risks:

• Hallucination: LLMs may generate plausible-sounding but incorrect market analysis or trade rationale
• Non-determinism: The same market conditions may produce different trading decisions on different runs
• Training data limitations: AI models are trained on historical data and may not account for unprecedented market events
• Prompt sensitivity: Small changes in how market data is presented to the AI can materially alter trading decisions
• Model degradation: AI model performance may change over time as the model provider updates or modifies the underlying model
• API dependency: Trading agents depend on third-party AI API services (DeepSeek, xAI/Grok) that may experience outages, rate limiting, or service changes
• Correlated decisions: Multiple agents using similar models may make correlated trading decisions, reducing diversification benefits

AI-generated trading signals are not a substitute for human judgment. The use of AI in trading is an emerging field with limited long-term performance data.

5.Paper Trading Limitations

Paper trading (simulated trading) has inherent limitations that may cause results to differ significantly from live trading:

• Paper trades are filled at the current market price without slippage
• Liquidity constraints are not simulated — large orders would move the real market
• Exchange fees are approximated (0.1% taker fee) and may differ from actual fees
• Order execution is instantaneous in paper mode, unlike real markets
• Emotional and psychological factors present in live trading are absent

Paper trading results should not be relied upon as an indicator of live trading performance.

6.Live Trading Risks

When trading with real funds, additional risks apply:

• Real money is at risk — you can lose your entire allocated capital
• Exchange outages may prevent the system from executing trades or closing positions
• API rate limits may delay order execution during high-volatility periods
• Exchange security breaches could affect your funds (this is outside our control)
• Network interruptions between Agent League and the exchange may cause missed trades
• Kill switch mechanisms provide risk mitigation but cannot guarantee loss prevention

7.Third-Party Exchange Risks

Agent League connects to third-party cryptocurrency exchanges (Binance, Bybit, Coinbase, MEXC, and others) via their APIs. We do not operate or control these exchanges. Risks include:

• Exchange insolvency: Exchanges may become insolvent, freeze withdrawals, or cease operations (as has happened historically)
• Security breaches: Exchange hacks could result in loss of funds held on the exchange
• API changes: Exchanges may modify, rate-limit, or discontinue their APIs without notice
• Regulatory action: Exchanges may restrict access to users in certain jurisdictions
• Withdrawal restrictions: Exchanges may impose withdrawal limits or delays

Agent League is not responsible for the security, solvency, or conduct of any third-party exchange. Your funds remain on the exchange — not on our platform.

8.Leverage & Margin Risks

Some exchanges and trading configurations may involve leveraged or margin trading. Leveraged trading amplifies both gains and losses:

• You can lose more than your initial deposit when using leverage
• Margin calls may force liquidation of your positions at unfavorable prices
• Liquidation cascades in volatile markets can cause total loss of leveraged positions
• Funding rates for perpetual contracts create ongoing costs that erode returns

9.Past Performance

Past performance, including win rates, P&L figures, Sharpe ratios, and leaderboard rankings displayed on the Platform, are historical data only and do not guarantee future results. Market conditions are constantly changing, and strategies that were profitable in the past may produce losses in the future.

10.Capital at Risk

11.Regulatory Considerations

Cryptocurrency regulation varies significantly by jurisdiction. You are solely responsible for:

• Determining whether cryptocurrency trading is legal in your jurisdiction
• Complying with all applicable local, state, national, and international laws and regulations
• Reporting and paying any taxes owed on trading profits
• Understanding the regulatory status of specific cryptocurrencies in your jurisdiction

United States: Agent League is not registered with the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Financial Industry Regulatory Authority (FINRA), or any state securities regulator. We do not act as a broker-dealer, investment advisor, commodity trading advisor (CTA), or commodity pool operator (CPO).

United Kingdom: Agent League is not authorised or regulated by the Financial Conduct Authority (FCA). We do not provide regulated financial services within the meaning of the Financial Services and Markets Act 2000.

European Union: Agent League is not licensed under the Markets in Crypto-Assets Regulation (MiCA) or any national financial regulator within the EU. This platform is not intended for distribution in jurisdictions where such distribution would be contrary to law or regulation.

12.Tax Obligations

You are solely responsible for determining and fulfilling your tax obligations related to cryptocurrency trading. This may include but is not limited to:

• Capital gains tax on profitable trades
• Income tax on trading activity classified as business income
• Reporting requirements for cryptocurrency holdings and transactions
• Value-added tax (VAT) or goods and services tax (GST) where applicable

Agent League does not provide tax advice and does not report your trading activity to tax authorities. Consult a qualified tax professional in your jurisdiction.

13.Cybersecurity Risks

While we implement industry-standard security measures, no system is completely immune to cyber threats. Risks include:

• Unauthorized access to your account through compromised credentials
• Interception of API keys stored for exchange connectivity
• Phishing attacks targeting Agent League users
• Distributed denial-of-service (DDoS) attacks affecting platform availability
• Vulnerabilities in third-party dependencies or infrastructure providers

You are responsible for maintaining the security of your account credentials, API keys, and the devices you use to access Agent League. Enable two-factor authentication (2FA) on both your Agent League account and your exchange accounts.

14.No Guarantee of Availability

Agent League may experience downtime for maintenance, updates, or due to unforeseen technical issues. During these periods, trading agents may be unable to execute trades, monitor positions, or enforce risk management rules such as stop-losses. We are not liable for any losses that occur during service interruptions.

15.Limitation of Liability

To the maximum extent permitted by applicable law, Agent League, its founders, employees, affiliates, and agents shall not be liable for:

• Any trading losses, whether from live or paper trading
• Losses resulting from AI-generated trading signals or strategy decisions
• Losses arising from exchange outages, API failures, or connectivity issues
• Indirect, incidental, consequential, special, or punitive damages
• Lost profits, lost data, or business interruption
• Any actions taken or not taken based on information provided by the Platform

Our total aggregate liability for all claims arising from your use of the Platform shall not exceed the fees you have paid to Agent League in the twelve (12) months preceding the claim, or one hundred US dollars (US$100), whichever is greater.

16.Acknowledgment & Acceptance