Terms and Conditions
Detailed Terms and Conditions
Please read these terms and conditions carefully before using our service.
The terms and conditions for AKA Blockchains are listed below. If you do not agree or cannot adhere to any terms set forth below, you should not access any AKA Blockchains products or services. It is your responsibility to ensure that you are aware of what is constituted within the “Terms of Service”, and the “Terms and conditions”.
This website, AKA Blockchains, is operated and controlled by a registered Irish company. Throughout the site, the terms “we,” “us” and “our” refer to AKA Blockchains.
AKA Blockchains offers this website, which is inclusive of all information posted and services provided to the user. By visiting our site and/or engaging in the purchase of our products and services, or any other ways not listed as engaging with the website, the user is binding themselves to the following terms and conditions.
AKA Blockchains™ asks individuals to be aware of the following:
Important Information and Risks
1. Private Products All products are private and not subject to the same regulatory requirements as exchange-traded funds or mutual funds, including the requirement to provide certain periodic and standardized pricing and valuation information to members.
2. Digital Assets Regulation Digital assets received are not safeguarded by the Central Bank of Ireland or covered by the European Banking Authority (EBA). Consumers should note that digital assets remain unregulated, and no regulatory protections exist for consumers when holding, buying, or selling digital assets.
3. Capital Risk No member protection is provided, and your capital is at risk when transacting in digital assets.
4. No Representation We do not make any representation regarding the advisability of transacting in digital assets. We cannot guarantee the timeliness, accuracy, or completeness of any data or information used in connection with your exposure to digital assets.
5. Suitability and Risk You must be satisfied that digital assets are suitable for you in light of your financial circumstances and attitude towards risk. The price or value of digital assets can rapidly increase or decrease at any time and may even fall to zero.
6. Products and Redemption Program Products do not currently operate a redemption program. There can be no assurance that the value of a product’s shares will reflect the value of the assets held by the product, less its expenses and other liabilities. Shares of a product may trade at a substantial premium over or a substantial discount to the value of the assets held by the product, less its expenses and other liabilities, and the product may be unable to meet its digital asset objective.
7. Regulatory Authorities The Products are not registered with the Central Bank of Ireland or covered by the European Banking Authority (EBA). Interests in each Product have not been recommended by any EU or Irish institution, commission, or regulatory authority, including the Central Bank of Ireland. The foregoing authorities have not confirmed the accuracy or determined the adequacy of this document.
8. Forward-looking Statements Certain statements contained herein may be forward-looking statements involving known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. AKA Blockchains assumes no obligation to update any forward-looking statements and you should not place undue reliance on such statements.
9. No Warranty Although AKA Blockchains has taken reasonable care to ensure that the information contained herein is accurate, no representation or warranty (including liability towards third parties), expressed or implied, is made by AKA Blockchains as to its accuracy, reliability, or completeness. You should not make any decisions based on these estimates and forward-looking statements.
10. Consideration for Digital Assets Potential members in any product should carefully consider the long-term nature of digital assets in that product prior to making a decision.
Risk Disclosure Statements.
Market conditions may make it impossible to execute contingent orders, such as “stop-loss” or “stop-limit” orders. You should therefore carefully consider whether such a financing arrangement is suitable in light of your own financial position and objectives. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk. Trading in futures is not suitable for many members of the public, hence a private allocation of our products and services. This brief statement does not disclose all of the risks and other significant aspects of trading in futures.
Capital adequacy
In accordance with the internal policies, we satisfy the minimum capital adequacy ratios for stock held. We have in place sound, effective and complete strategies and processes to assess and maintain on an ongoing basis the amounts, types and distribution of internal capital that we consider adequate to cover the nature and level of the risks to which they might be exposed. These strategies and processes are subject to regular internal review, to ensure that they remain comprehensive and proportionate to the nature, scale and complexity of the activities of the company.
Safeguarding of members Stock
We keep our members’ digital assets in segregated accounts, such that the members’ digital assets will be separated from our own assets. Such separation of accounts is being supervised both internally and externally. We operate only with reputable payment institutions and payment providers.
Prospective members in any product should carefully note the following:
Members must have the financial ability, sophistication, experience and willingness to bear the risks of any product. In particular, each product acquires digital assets.
The trading prices of many digital assets have experienced extreme volatility in recent periods and may continue to do so. In light of recent steep increases in the value of certain digital assets, multiple market observers have asserted that digital assets are currently experiencing a “bubble.” If these observers are correct, trading prices for the digital assets held by the products could experience steep declines in value and the Products’ shares could lose all or substantially all of their value.
Notice to members
The material on this site is provided for general information therefore it is not and should not be used as the sole basis of decision-making, it is subject to change without notice. More timely, accurate and complete information should be sought in the event of any decision-making, reliance on any information or material posted here falls within the scope of the user’s own responsibilities and AKA Blockchains cannot be held liable for direct or indirect damages, loss of profit or income, or any other damages towards the user or a third party that may stem from any incorrect, inconsistent or missing information on the website.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website. Every effort is made to keep the website up and running smoothly. However, ‘AKA Blockchains’ takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
How can I contact you?
For all queries, you can contact us through e-mail, or by e-mailing hello@akablockchains.com. If you are enquiring about a specific order please include your reference ID in your e-mail.
You can also contact us via our live-chat function, if there is no agent currently available then please leave your name, e-mail and question and someone will get back to you as soon as possible.
