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Centralized Exchange

A centralized exchange is a type of cryptocurrency exchange that acts as a middleman between buyers and sellers. It is called a "centralized" exchange because it is controlled by a single entity, which is responsible for matching buyers and sellers and facilitating transactions.

Centralized exchanges are the most common type of cryptocurrency exchange and are often used by retail investors to buy and sell digital assets. They offer a range of features, including a user-friendly interface, fast trade execution, and support for a wide range of cryptocurrencies.

However, centralized exchanges are not without their drawbacks. Because they are controlled by a single entity, they can be vulnerable to hacking and other security breaches. They can also be subject to censorship and interference from governments and other regulatory bodies.

Overall, centralized exchanges are a popular way for retail investors to buy and sell cryptocurrencies, but they can be less secure and less decentralized than other types of exchanges, such as decentralized exchanges.

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Conditional orders have increased risk due to their reliance on trigger processing, market data, and other internal and external systems like an exchange. Such orders are not sent to the market until specified conditions are met. During that time, system outages with downstream technologies or exchanges may occur. Furthermore, exchanges may impose controls on conditional orders to limit erroneous trades triggering downstream orders. HyperTrader or its subsidiaries may not always be aware of such changes to external controls immediately, leading to some conditional orders not being executed. As such, you need to monitor your conditional orders for reasonability. Conditional orders are “Not Held” orders whose execution instructions are on a best-efforts basis upon being triggered.

Furthermore, conditional orders may be subject to the increased risks of stop orders and market orders outlined above. Given the increased potential risk of using conditional orders, you agree that HyperTrader and its subsidiaries cannot be held responsible for losses, damages, or missed opportunity costs associated with market data problems, systems issues, and user errors, among other factors. By using conditional orders, you understand and accept the risks outlined above.

You should know that using or granting any third-party access to your account information or placing transactions in your account at your direction is solely at your risk. HyperTrader does not warrant against loss of use or any direct, indirect, or consequential damages or losses to you caused by your assent expressed or implied, to a third party accessing your account or information, including access provided through any other third-party apps, systems, or sites.

All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against the loss, in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

Cryptocurrency is highly speculative in nature, and involves a high degree of risks, such as volatile market price swings, market manipulation, flash crashes, and cybersecurity risks. Cryptocurrency is not regulated or is lightly regulated in most countries. Cryptocurrency trading can lead to significant, immediate, and permanent loss of financial value. You should have appropriate knowledge and experience before engaging in cryptocurrency trading.

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