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GENERAL RISK WARNING

1. Rayn Services

This notice provides you with information about the risks associated with
services accessible on the mobile application: https://www.rayn.finance/. Each
Rayn service has its own distinct risks. This notice provides a general
description of the risks when you use Rayn services.
This notice does not explain all of the risks or how such risks relate to your
personal circumstances. It is important that you fully understand the risks
involved before making a decision to use Rayn services.

 

2. Market Risks

Digital asset trading is subject to high market risk and price volatility.
Changes in value may be significant and may occur rapidly and without warning.
Past performance is not a reliable indicator of future performance. The value of
an investment and any returns can go down as well as up, and you may not get
back the amount you had invested.

 

3. Liquidity Risk

Digital assets may have limited liquidity which may make it difficult or
impossible for you to sell or exit a position when you wish to do so. This may
occur at any time, including at times of rapid price movements.

 

4. Availability Risk

We do not guarantee that the Rayn services will be available at any particular
time or that Rayn services will not be subject to unplanned service outages or
network congestion. It may not be possible for you to buy, sell, store,
transfer, send or receive digital assets when you wish to do so.

 

5. No Personal Advice

We do not provide personal advice in relation to our products or services. We
sometimes provide factual information, information about transaction procedures
and information about the potential risks. However, any decision to use our
products or services is made by you. No communication or information provided to
you by Rayn is intended as, or shall be considered or construed as, investment
advice, financial advice, trading advice, or any other sort of advice. You are
solely responsible for determining whether any investment, investment strategy
or related transaction is appropriate for you according to your personal
investment objectives, financial circumstances and risk tolerance.

 

6. No Monitoring

Rayn is not your broker, intermediary, agent, or advisor and has no fiduciary
relationship or obligation to you in connection with any trades or other
decisions or activities undertaken by you using Rayn services. We do not monitor
whether your use of Rayn services is consistent with your financial goals and
objectives. It is up to you to assess whether your financial resources are
adequate for your financial activity with us, and to your risk appetite in the
products and services you use.

 

7. No Tax, Regulatory or Legal Advice

The taxation of digital assets is uncertain, and you are responsible for
determining what taxes you might be liable to, and how they apply, when
transacting through the Rayn services. It is your responsibility to report and
pay any taxes that may arise from transacting on the Rayn services, and you
acknowledge that Rayn does not provide legal or tax advice relative to these
transactions. If you have any doubts about your tax status or obligations when
using Rayn services, or with respect to the digital assets held to the credit of
your Rayn account, you may wish to seek independent advice.

You acknowledge that, when, where and as required by applicable legislation,
Rayn shall report information regarding your transactions, transfers,
distributions or payments to tax or other public authorities. Similarly, when,
where and as required by applicable law, Rayn shall withhold taxes related to
your transactions, transfers, distributions or payments. Applicable legislation
could also prompt Rayn to request you for additional tax information, status,
certificates or documentation. You acknowledge that failure to answer these
requests within the timeframe defined, may result in withholding taxes by Rayn,
to be remitted to tax authorities as defined by relevant law. You are encouraged
to seek professional and personal tax advice regarding the above and before
making any digital asset transaction.

 

8. Fees & Charges

Our fees and charges are set out here. Rayn may, in its discretion, update the
fees & charges from time to time. Please be aware of all costs and charges that
apply to you, because such costs and charges will affect the gains you generate
from using Rayn services.

 

9. Third Party Risk

Third parties, such as payment providers, custodians, and banking partners may
be involved in the provision of Rayn services. You may be subject to the terms &
conditions of these third parties, and Rayn may not be responsible for any loss
that these third parties may cause to you.

 

10. Security Risk

It is not possible for Rayn to eliminate all security risks. You are responsible
for keeping your account password safe, and you may be responsible for all the
transactions under your account, whether you authorised them or not.
Transactions in digital assets may be irreversible, and losses due to fraudulent
or unauthorised transactions may not be recoverable.

 

11. Risks related to Digital assets

Given the nature of digital assets and their underlying technologies, there are
a number of intrinsic risks, including but not limited to:

 1. faults, defects, hacks, exploits, errors, protocol failures or unforeseen
    circumstances occurring in respect of a digital asset or the technologies or
    economic systems on which the digital asset rely;
 2. transactions in digital assets being irreversible. Consequently, losses due
    to fraudulent or accidental transactions may not be recoverable;
 3. technological development leading to the obsolescence of a digital asset;
 4. delays causing a transactions not be settled on the scheduled delivery date;
    and
 5. attacks on the protocol or technologies on which a digital asset depends,
    including, but not limited to:
    1.  distributed denial of service;
    2.  sybil attacks;
    3.  phishing;
    4.  social engineering;
    5.  hacking;
    6.  smurfing;
    7.  malware;
    8.  double spending;
    9.  majority-mining;
    10. consensus-based or other mining attacks;
    11. misinformation campaigns;
    12. forks;
    13. spoofing;

 

12. Monitoring Risks

Digital asset markets are open 24 hours a day, 7 days a week. Rapid price
changes may occur at any time, including outside of normal business hours.

 

13. Communication Risks

When you communicate with us via electronic communication, you should be aware
that electronic communications can fail, can be delayed, may not be secure
and/or may not reach the intended destination.

 

14. Currency

Currency exchange fluctuations will impact your gains and losses.

 

15. Legal Risk

Changes in laws and regulations may materially affect the value of digital
assets. This risk is unpredictable and may vary from market to market.

CUSTOMER SUPPORT

support@rayn.finance

+33 4 1333 3444

+353 1 574 7382

+39 06 4525 6900

OPENING HOURS:

Monday to Friday:
9am - 6pm CET

Saturday:
9am - 1pm CET

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AUTOMATA FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

AUTOMATA PAY

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

AUTOMATA PAY EUROPE LTD

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

AUTOMATA ICO LTD

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

The purchase of digital assets is subject to a high market risk and price
volatility. Changes in value can be significant and occur rapidly and without
warning. Past performance is not a reliable indicator of future performance. The
value of an investment and returns can fluctuate both up and down, and you may
not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via
Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587
with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider
(VASP).

Automata France SAS is a company registered in France with the company number
902 498 617. Automata FRANCE SAS is registered with the french Financial Market
Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual
Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company
registered in the Netherlands with company number 81852401, which is authorised
and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution
(Firm Reference Number: R182870) for the issuance of electronic money and
payment services. Your account and related payment services are provided by
Modulr Finance B.V. Your funds will be held in one or more segregated accounts
and safeguarded in line with the Financial Supervision Act. How we keep your
money safe.

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Terms and conditions - Modulr



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