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Antarctic Wallet LLC
Annex No. 3 – Risk Disclosure
to the Antarctic Wallet Platform Terms of Use
Edition dated 20 October 2026.
This is a translation of the Russian text; in the event of any discrepancy, the Russian text prevails (clause 20.1 of the Offer).
Edition dated 20 October 2026.
This is a translation of the Russian text; in the event of any discrepancy, the Russian text prevails (clause 20.1 of the Offer).
1. Risk Warning
Virtual assets are not a monetary unit or legal tender, are not backed by the state and are not guaranteed by the Company. Acquiring virtual assets may result in the total loss of the money and other objects of civil rights transferred in exchange for virtual assets, including as a result of the volatility of the value of virtual assets, technical failures (errors) and unlawful acts, including theft.
This Risk Disclosure constitutes Annex No. 3 to the Antarctic Wallet Platform Terms of Use (the “Offer”) and forms an integral part thereof. Terms are used as defined in the Offer.
This Risk Disclosure constitutes Annex No. 3 to the Antarctic Wallet Platform Terms of Use (the “Offer”) and forms an integral part thereof. Terms are used as defined in the Offer.
2. Subject Matter of Transactions
The subject matter of the transactions entered into by the Company is backed or unbacked virtual assets. Information on whether the relevant Virtual Asset is backed or unbacked is provided to the User before the Order is confirmed.
The fact that a virtual asset is backed does not guarantee that its value will be preserved, that it can be exchanged at any time, or that the person who issued such asset will perform its obligations.
The fact that a virtual asset is backed does not guarantee that its value will be preserved, that it can be exchanged at any time, or that the person who issued such asset will perform its obligations.
3. Specific Risks
By carrying out transactions with Virtual Assets, the User accepts, in particular, the following risks:
3.1. Volatility. The value of Virtual Assets may change sharply within short periods of time, including down to zero. Past changes in value are not indicative of future changes.
3.2. Irreversibility. Transactions on blockchain networks are generally irreversible. Funds sent using incorrect details, on the wrong network or to an address to which access has been lost cannot be recovered.
3.3. Regulatory Risk. The legal regulation of the circulation of virtual assets is changing. Changes in legislation may restrict or terminate access to certain Services or to the Platform as a whole and may affect the ability to dispose of Virtual Assets.
3.4. Technology Risk. Failures, upgrades, congestion and splits (forks) of blockchain networks, as well as failures in the systems of Service Providers, may delay the execution of transactions or make them impossible.
3.5. Cyber Risk. Virtual assets are an attractive target for fraud and cyberattacks. Loss of the means of access to the Account may result in the loss of Virtual Assets.
3.6. Third-Party Risk. The execution of transactions depends on Service Providers, Issuers, banks and payment systems. Their failure to perform or improper performance of their obligations may result in the delay, suspension or impossibility of a transaction.
3.7. Asset Risk. Support for a particular Virtual Asset may be discontinued, and an asset may be withdrawn from circulation, depreciate or be split as a result of a network fork.
3.8. Restrictive Measures Risk. Transactions may be suspended and Virtual Assets frozen on the grounds provided for by law and Section 6 of the Offer, including upon a match with lists of persons subject to targeted financial sanctions.
3.9. Jurisdictional Risk. The legal regime of virtual assets differs across jurisdictions and may change. The User independently determines whether the use of the Platform is permissible under the law applicable to the User and independently performs the obligations applicable to the User, including tax and reporting obligations.
3.10. Assessment Risk. The results of automated risk assessment are probabilistic, differ between providers of analytical services and may not coincide with the decisions of third parties accepting the funds.
3.11. Mini App Risk. Mini Apps are products of Developers. A Developer may fail to perform its obligations to the User, and whatever has been transferred to a Developer may prove non-refundable; the Company does not make and does not guarantee such a refund (Section 10 of the Offer).
3.12. Counterparty Risk. The execution of Trades and the safekeeping of Supported Assets recorded on the Balance depend on the Company’s performance of its obligations. Supported Assets are not insured and are not covered by any deposit protection scheme (clause 7.3 of the Offer).
3.13. Reassignment Risk. The Reassignment Price is determined by the Participants and is not verified by the Company. The activity of a reassigned Referral and the amount of rewards from its transactions are not guaranteed; information on previously accrued rewards is not indicative of future rewards. A completed Reassignment is irrevocable, and the Price paid is non-refundable (Section 13 of the Offer).
3.1. Volatility. The value of Virtual Assets may change sharply within short periods of time, including down to zero. Past changes in value are not indicative of future changes.
3.2. Irreversibility. Transactions on blockchain networks are generally irreversible. Funds sent using incorrect details, on the wrong network or to an address to which access has been lost cannot be recovered.
3.3. Regulatory Risk. The legal regulation of the circulation of virtual assets is changing. Changes in legislation may restrict or terminate access to certain Services or to the Platform as a whole and may affect the ability to dispose of Virtual Assets.
3.4. Technology Risk. Failures, upgrades, congestion and splits (forks) of blockchain networks, as well as failures in the systems of Service Providers, may delay the execution of transactions or make them impossible.
3.5. Cyber Risk. Virtual assets are an attractive target for fraud and cyberattacks. Loss of the means of access to the Account may result in the loss of Virtual Assets.
3.6. Third-Party Risk. The execution of transactions depends on Service Providers, Issuers, banks and payment systems. Their failure to perform or improper performance of their obligations may result in the delay, suspension or impossibility of a transaction.
3.7. Asset Risk. Support for a particular Virtual Asset may be discontinued, and an asset may be withdrawn from circulation, depreciate or be split as a result of a network fork.
3.8. Restrictive Measures Risk. Transactions may be suspended and Virtual Assets frozen on the grounds provided for by law and Section 6 of the Offer, including upon a match with lists of persons subject to targeted financial sanctions.
3.9. Jurisdictional Risk. The legal regime of virtual assets differs across jurisdictions and may change. The User independently determines whether the use of the Platform is permissible under the law applicable to the User and independently performs the obligations applicable to the User, including tax and reporting obligations.
3.10. Assessment Risk. The results of automated risk assessment are probabilistic, differ between providers of analytical services and may not coincide with the decisions of third parties accepting the funds.
3.11. Mini App Risk. Mini Apps are products of Developers. A Developer may fail to perform its obligations to the User, and whatever has been transferred to a Developer may prove non-refundable; the Company does not make and does not guarantee such a refund (Section 10 of the Offer).
3.12. Counterparty Risk. The execution of Trades and the safekeeping of Supported Assets recorded on the Balance depend on the Company’s performance of its obligations. Supported Assets are not insured and are not covered by any deposit protection scheme (clause 7.3 of the Offer).
3.13. Reassignment Risk. The Reassignment Price is determined by the Participants and is not verified by the Company. The activity of a reassigned Referral and the amount of rewards from its transactions are not guaranteed; information on previously accrued rewards is not indicative of future rewards. A completed Reassignment is irrevocable, and the Price paid is non-refundable (Section 13 of the Offer).
4. No Advice or Guarantees
4.1. The Company does not provide Users with advice that may induce them to acquire or dispose of specific types of virtual assets.
4.2. Information posted on the Platform and on the Company’s website is for reference only and does not constitute investment, legal or tax advice, an offer, a guarantee or a promise of any result.
4.3. The Company does not guarantee the profitability of transactions with virtual assets or the preservation of the value of acquired Virtual Assets.
4.4. The User makes decisions to carry out transactions independently and at the User’s own risk.
4.2. Information posted on the Platform and on the Company’s website is for reference only and does not constitute investment, legal or tax advice, an offer, a guarantee or a promise of any result.
4.3. The Company does not guarantee the profitability of transactions with virtual assets or the preservation of the value of acquired Virtual Assets.
4.4. The User makes decisions to carry out transactions independently and at the User’s own risk.
5. Order Execution Time and Changes to the Agreement
5.1. The Order execution time is displayed in the Platform interface before the Order is confirmed and is calculated in accordance with clause 8.3 of the Offer. A Quote is valid for the period set out in clause 8.2 of the Offer; upon its expiry, the Order may be canceled.
5.2. The Company may unilaterally amend the Agreement (clause 1.6 of the Offer), the fee amounts (clause 11.3 of the Offer) and the limits (clause 11.5 of the Offer). Changes take effect upon posting of the new edition on the Platform, unless a later date is specified therein; the User monitors changes to the Agreement independently. An Order accepted before the changes take effect is governed by the edition in effect at the time of its acceptance.
5.2. The Company may unilaterally amend the Agreement (clause 1.6 of the Offer), the fee amounts (clause 11.3 of the Offer) and the limits (clause 11.5 of the Offer). Changes take effect upon posting of the new edition on the Platform, unless a later date is specified therein; the User monitors changes to the Agreement independently. An Order accepted before the changes take effect is governed by the edition in effect at the time of its acceptance.
6. Recommendations to the User
The Company recommends that the User: not use borrowed funds or funds whose loss would be critical for the User for transactions with virtual assets; check the payment details and the transfer network before confirming a transaction; not disclose to third parties the means of access to the Account, one-time codes or payment card details; critically assess offers of guaranteed income received from third parties.
7. Acknowledgment
Before the first Trade, the User acknowledges having read this Risk Disclosure by ticking a separate checkbox in the Platform interface. The fact and date of the acknowledgment are recorded by the Company and retained for the periods set out in clause 6.11 of the Offer.