Risk Disclosure

Trading, exchanging, and transacting through Swaply involves significant risk and is suitable only for users who:

• Understand the nature of the products they are buying or selling
• Have sufficient knowledge and experience to evaluate the risks
• Can afford to lose the value of the transaction without impacting their standard of living
• Are not using funds needed for essential expenses

Past performance is not a reliable indicator of future results. You should seek independent financial advice if you are uncertain.

Cryptocurrency transactions carry unique risks, including but not limited to:

• <strong>Price volatility</strong> — crypto prices can change dramatically within minutes, leading to significant losses
• <strong>Market liquidity</strong> — thin markets can result in large spreads, slippage, or inability to execute
• <strong>Regulatory uncertainty</strong> — laws governing crypto are evolving and may change without notice
• <strong>Network risk</strong> — blockchain congestion, forks, or protocol failures may delay or prevent transactions
• <strong>Irreversibility</strong> — confirmed blockchain transactions generally cannot be reversed; sending to the wrong address typically results in permanent loss
• <strong>Custodial risk</strong> — if Swaply holds your assets, you are exposed to counterparty risk
• <strong>Cybersecurity risk</strong> — wallets and exchanges are high-value targets for hackers

• Rates fluctuate based on brand, region, demand, and condition of the card
• Stolen, fraudulent, or already-redeemed cards will be rejected and may result in account suspension
• Trading high-risk brands may be subject to enhanced verification
• Once a card is submitted and verified, the trade cannot be reversed

• Quoted exchange rates are time-limited and may expire within seconds
• Cross-border or USD-denominated transactions are exposed to FX risk
• Bank processing delays, intermediary fees, and SWIFT charges may reduce the final amount received
• Crypto and gift card values are influenced by global USD/NGN dynamics

• Service interruptions due to maintenance, network failures, or force majeure
• Delays caused by third-party processors (telecoms, banks, blockchain networks)
• Mobile device security risks — lost or stolen devices may compromise your account
• Phishing and social-engineering attacks — always verify you are on swaply.ng

• Regulatory changes may restrict or discontinue certain services in your jurisdiction
• Tax obligations on transactions (e.g., capital gains on crypto) are your responsibility
• We may be required by law to freeze funds or report transactions to authorities

By using Swaply you confirm that:

• You have read and understood this Risk Disclosure
• You make your own informed decisions about transactions
• You accept full responsibility for any losses incurred
• You will not transact more than you can afford to lose

Questions about risks? Contact support@swaply.ng before transacting.