Risk Disclaimer
The German version of this text as shown in the NadirAlpha Crypto app is legally binding; this page is a copy.
This Risk Disclaimer forms part of the Terms of Use of the app NadirAlpha Crypto. The German version shown in the app is legally binding. Please read it in full before using app content for any decision.
1. No investment advice, no investment research, no offer
All content of the app is factual market information: values, records and simple daily indicators computed from the public order book and from daily candles of the trading platform Binance. It has been prepared without regard to your investment objectives, financial situation or knowledge. It is not investment advice, not an investment recommendation, not investment research within the meaning of MiFID II, not portfolio management and not an offer or solicitation to buy, hold, exchange or sell crypto assets or financial instruments. No price targets, ratings or valuations are issued. The provider offers no crypto asset service within the meaning of Regulation (EU) 2023/1114 (MiCA): no trading, no brokerage, no exchange, no custody, no operation of a trading platform.
2. Observations in the order book, no forecast
A wall is an observation: the largest quantity resting at one price level of the order book at the moment of a snapshot. Resting orders are not trades. They can be withdrawn, changed or filled at any time and often disappear within minutes; between two snapshots ten minutes apart a wall goes unobserved. Large orders can also be placed deliberately to influence other market participants. A wall says nothing about whether a price will rise or fall. Records and daily indicators follow fixed calculation rules described in the guide, identical for all users; they measure a state in the past and predict nothing about the future. Rules that often held in the past can stop working at any time.
3. Risks of crypto assets
Prices of crypto assets fluctuate extremely and can fall sharply within a short time. A total loss of the capital you commit is possible. Further risks include:
- Markets for crypto assets are largely unregulated and open around the clock; safeguards known from regulated exchanges, such as trading halts or deposit protection, are usually absent.
- Anyone who leaves crypto assets in the custody of a trading platform carries that platform's custody risk: insolvency, attacks on the platform, frozen accounts or withdrawal freezes can lead to the loss of the assets. Self-custody carries its own risks, such as the loss of keys.
- Liquidity risks for thinly traded crypto assets (wide spreads, price jumps, limited tradability) and risks from a trading pair being discontinued.
- Currency risk: the values in the app refer to prices in US dollars.
- Technical and regulatory risks: faults in protocols or networks, forks, attacks and changes in the legal situation can materially impair the value or the tradability of a crypto asset.
- Tax consequences of transactions in crypto assets can be substantial and differ from country to country.
Past results are no indicator of future developments.
4. Data source, data errors and delay
The data comes from the public interface of the trading platform Binance: snapshots of the order book every 10 minutes and daily candles once a day. The provider has no contractual relationship with Binance and is not affiliated with Binance. Data may be delayed, incomplete or wrong; if a snapshot fails, the value for that day is missing. A cryptocurrency can drop out of the app at any time, for example if Binance discontinues the trading pair. The values apply to the Binance market only; price and order book can differ noticeably at other trading venues. The figures of the trading venue you use yourself always prevail.
5. Own responsibility and suitability
You make decisions about crypto assets alone and at your own risk. Consider whether any information is suitable for your situation and, where necessary, obtain licensed financial, tax or legal advice. Commit only funds whose total loss you can bear.
6. Status of the provider, conflicts of interest
The provider is a private individual and not a securities, financial services or crypto asset service institution supervised by BaFin, the FMA or any other authority. He is not an investment adviser and is not registered as one with any authority, including the US Securities and Exchange Commission (SEC) or any US state authority; the app is an impersonal publication for the general public. The provider receives no remuneration from trading platforms, issuers or third parties for showing crypto assets in the app; there are no partner, affiliate or referral links. The provider may himself hold crypto assets that appear in the app; the rules of the app are not influenced by this.
7. Territoriality
The app is directed at users in Germany and the European Union. It does not constitute an offer in states where such an offer would require authorization or would be unlawful. Anyone using the app from elsewhere is responsible for complying with the rules that apply there.
8. Liability
The provider is not liable for financial losses arising from decisions based on app content, to the extent permitted by law. In all other respects the liability provision of the Terms of Use applies.
Last updated: September 15, 2026