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Freedex Protocol Disclaimer

Disclaimer to your use of the Freedex Protocol


Freedex is a peer to peer protocol for decentralized option markets. Freedex is software and a set of smart contracts written in Solidity that can be deployed to the Ethereum blockchain (the “Freedex Protocol”). The Solidity code and provided application programming interfaces (API) are free, public, open source. Before using the Freedex Protocol, please review the documentation for a detailed explanation on how the Freedex Protocol works.

DigiOptions GmbH (“DigiOptions”) does not own or lead Freedex, but rather supports and develops the free, open-source protocol that is Freedex. The public license disclaimers apply, including that the Freedex Protocol is provided “as is”, with all faults and at your own risk. DigiOptions will not be liable for any liability or damages whatsoever associated with your use, inability to use, or your interaction with other users of the Freedex Protocol, including any direct, indirect, incidental, special, exemplary or consequential damages, loss of profits, Ether tokens, any other cryptocurrencies or data.

You acknowledge that the current version of the Freedex Protocol is a non-final version and as such has not been fully-tested and may not perform as designed. On the Freedex Protocol Ether may be used for trading, and in the future, other tokens or cryptocurrencies may be used. While you should always be thoughtful about tokens / cryptocurrencies you trade through the Freedex Protocol, the concerns regarding loss of these tokens or cryptocurrencies is particularly acute with non-final software that may not perform as designed, including that the version of the Freedex Protocol may not accurately reflect the intent of the smart contracts or the documentation. Your use of the Freedex Protocol involves various risks, including, but not limited to losing tokens / cryptocurrencies due to invalidation. Careful due diligence should be undertaken as to the amount of tokens / cryptocurrencies you trade using the Freedex Protocol with full understanding that any trading of these tokens / cryptocurrencies could be subject to total loss. You assume any and all risk associated with your use of the Freedex Protocol.

You are solely responsible for compliance with all laws that may apply to your particular use of the Freedex Protocol. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by various regulatory bodies around the world. DigiOptions makes no representation regarding the application of any laws, including but by no means limited to those relating to gaming, options, derivatives or securities, to your use of the Freedex Protocol. Indeed, depending on the jurisdiction and the contemplated use of the Freedex Protocol (whether yours or another’s), that use may be considered illegal. You agree that DigiOptions is not responsible for determining whether or which laws may apply to your use of the Freedex Protocol. You may modify the Freedex Protocol under the terms of the applicable open source license to effectuate your compliance with any applicable laws.

Crypto Derivatives

DigiOptions is an exchange for digital options on crypto currencies. Digital options are derivatives allowing for highly leveraged trading. E. g., you can bet on the Bitcoin/US-Dollar (BTC/USD) to close within a given range. We offer short and long term bets. The trading currency used is Ether.

Security

DigiOptions is secure. In contrast to other exchanges, we operate completely decentralized on the blockchain. All transactions are performed by smart contracts on the Ethereum blockchain. DigiOptions does not hold any user funds in escrow, so there is no risk of fund loss due to hacker attacks. Furthermore, there is no counterparty risk since all transactions are completely backed by Ether deposited in the smart contracts.

Easy Access and Use

Just get an Ethereum wallet and start trading immediately. No software needs to be installed. No registration is required. DigiOptions is easy to use either via the website or the mobile app. Markets are open 24/7.
Fair, transparent and secure trading.

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