Investment Risk. In BitIRA’s opinion, Digital Currencies are a highly speculative investment. Digital Currencies are a relatively new asset and they are not backed by a sovereign government or nation. Digital Currencies, like fiat currencies in general, are not backed by a physical asset and, with exceptions, have no physical, easily transferrable form. Currently at least, Digital Currencies depend entirely on the public’s willingness to accept the currency as a medium of exchange, and, unlike the U.S. dollar, there is no legal requirement that any provider of goods or services accept Digital Currencies as legal tender. Further, the regulatory framework is unsettled and evolving, and technological advances and developments in Digital Currency mining, competing alternatives, and other variables that might affect the market for such Digital Currencies are unpredictable.

Financial Sophistication/Risk Tolerance. In BitIRA’s opinion, Customer should have the financial flexibility and resources, and the risk tolerance, to lose Customer’s entire investment in Digital Currency.

Digital Currency Alternatives, Percentage of Holdings, and Hold Periods. BitIRA does not offer any opinion as to which Digital Currency(ies) to purchase, in what amount, and for how long a Customer should hold such Digital Currency. Nor does BitIRA offer any opinion as to what percentage, if any, of a Customer’s portfolio should be devoted to alternative and highly speculative investments like Digital Currency.

No Fiduciary, Broker, or Agency Relationship. Customer understands and acknowledges that BitIRA is a for-profit retail seller of Digital Currencies. BitIRA does not mine Digital Currencies or otherwise contribute to their creation or the expansion of the Digital Currency supply available for sale. BitIRA facilitates the purchase of Digital Currency, nothing more, and charges a fee for the service it provides (based on the transaction value). Customer acknowledges and agrees that no fiduciary relationship, broker dealer relationship, principal agent relationship or other special relationship exists between BitIRA and Customer.

Past Performance No Guarantee of Future Returns. Customer acknowledges and agrees that historical performance is no guarantee of future results.

Returns Not Guaranteed. Customer acknowledges and agrees that BitIRA has made, and can make, no guarantee or representation that Customer will make a profit when Customer liquidates any Digital Currency purchased from BitIRA.

Assumption of the Risk; Decision to Purchase or Sell Is Customer’s Alone. Customer acknowledges and agrees that Customer assumes the risk of all purchase and sale decisions, and that all such decisions are based on Customer’s own research, prudence and judgment. BitIRA makes no guarantee or representation regarding Customer’s ability to profit from any transaction or the tax implications of any transaction.

Legality of Holding Digital Currency in an Individual Retirement Account. BitIRA is not a legal or tax professional and does not provide legal or tax advice. It is BitIRA’s understanding that Digital Currencies may be held in an individual retirement account, but if Customer has any questions regarding the legal rules applicable to individual retirement accounts, including which assets may be held in such an account, they should contact a legal or tax advisor. BitIRA makes no representation or warranty that purchasing Digital Currency for placement in an individual retirement account complies with government regulations or statutes or that current rules and statutes will not change.

Volatility. Customer acknowledges and agrees that the success of an investment in Digital Currency is dependent in part upon extrinsic economic forces including supply, demand, international monetary conditions, inflation or the expectation of inflation, confidence (or any lack thereof) in the security or technological foundation of the Digital Currency, the emergence of additional alternative currencies, market acceptance, and an evolving and unpredictable regulatory framework. The impact of these forces on the value of Digital Currencies, or any particular Digital Currency, cannot be predicted. Customer acknowledges and agrees that Digital Currency markets can be volatile.