# ⚠️ Risk Disclosure When using Transit Finance for swaps or cross-chain transactions, users must understand and accept the risks associated with blockchain and decentralized finance (DeFi). Key risks include: #### 1. Market Risks * Price Volatility: Digital assets can fluctuate sharply within short periods, causing significant differences between expected and actual outcomes. * Insufficient Liquidity: Assets with low market depth may incur high slippage or partial fills during large trades. #### 2. On-Chain Execution Risks * Transaction Failures: Due to price volatility, slippage limits, or network congestion, transactions may fail and be reverted on-chain, though network fees (gas) already consumed will not be refunded. * Approval Risks: If unnecessary token approvals are not revoked in time, they may be exploited by malicious contracts. #### 3. Cross-Chain Risks * Delays: Cross-chain transactions involve multiple blockchains for validation and synchronization, which can take longer and depend on service provider availability. * Bridge Security: As critical infrastructure for inter-chain transfers, vulnerabilities or attacks on cross-chain bridges may result in asset loss. #### 4. Third-Party Dependency Risks Transit relies on third-party liquidity sources and cross-chain service providers. Their availability, stability, and security may affect transaction outcomes and user experience. #### 5. User Security * Private Key / Seed Phrase Safety: Users must safeguard wallet credentials and never disclose them. Transit will never request such information. * Fraud Prevention: Beware of unsolicited contacts via social media or messaging apps, and avoid clicking unknown links or downloading unverified files. #### 6. Legal & Compliance Risks * Regional Restrictions: Transit Finance does not provide services in jurisdictions where decentralized trading, crypto asset transactions, or cross-chain services are legally restricted. * Compliance Responsibility: Users are responsible for understanding and complying with applicable laws and regulations in their jurisdiction before using Transit services. * Regulatory Changes: Evolving regulations in certain jurisdictions may restrict or prevent continued access to crypto services. User Liability: Users assume all legal responsibilities and potential losses resulting from violations of local laws. Transit Finance bears no liability for such cases. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.transit.finance/security-and-risk/risk-disclosure.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.