Legal Disclaimer

Important legal notices, disclaimers, and limitations of liability

Read This Carefully

This disclaimer contains important legal information. By accessing this website or purchasing MGB tokens, you acknowledge that you have read, understood, and agreed to these terms.

Not a Security or Investment Product

MagBit (MGB) is a utility token, not a security, investment contract, share, equity, or financial instrument. MGB does not represent ownership in any company or entitlement to profits, dividends, or returns.

Purchasing MGB does not constitute an investment and should not be treated as such. Token utility is limited to ecosystem participation as described in our documentation.

Not Financial Advice

Nothing on this website or in MagBit communications constitutes financial advice, investment advice, trading advice, or recommendations. All information is educational and informational only.

Users are solely responsible for their own investment decisions and should consult qualified financial advisors before making any cryptocurrency purchases.

No Guarantees or Warranties

MagBit makes no guarantees, warranties, or representations regarding:

  • Token price, value, or future performance
  • Business deployment success or revenue generation
  • Liquidity availability or trading volume
  • Functionality, compatibility, or error-free operation
  • Regulatory compliance in all jurisdictions
  • Roadmap delivery or timeline accuracy

All information is provided "as is" without warranty of any kind, express or implied.

Risk Acknowledgment

By purchasing or holding MGB tokens, you acknowledge and accept:

  • Complete risk of loss, including total loss of capital
  • High volatility and unpredictable price movements
  • Lack of regulatory protection or insurance
  • Responsibility for your own wallet security
  • Potential technical, operational, or security failures
  • Regulatory changes that may affect token legality or utility

Limitation of Liability

To the maximum extent permitted by law, MagBit, its team, affiliates, and partners shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from:

Token purchase, holding, or trading; website use or inability to use; smart contract interactions; business deployment outcomes; loss of data or funds; regulatory actions; or any other matter related to MagBit ecosystem.

Jurisdiction & Compliance

MagBit does not target or solicit users in jurisdictions where cryptocurrency or token offerings are prohibited or restricted. Users are responsible for determining whether their participation complies with local laws.

If cryptocurrency or MagBit tokens are illegal in your jurisdiction, do not access this website or purchase tokens. Violation of local laws is your responsibility.

User Responsibility

You are solely responsible for:

  • Conducting your own due diligence and research
  • Understanding cryptocurrency and blockchain technology
  • Securing your wallet, private keys, and recovery phrases
  • Complying with tax obligations in your jurisdiction
  • Verifying the authenticity of all communications
  • Making informed decisions based on your own risk tolerance

Changes to Disclaimer

MagBit reserves the right to modify this disclaimer at any time. Continued use of the website or token after changes constitutes acceptance of updated terms. Users should review this page periodically.

Final Warning

Cryptocurrency investments are high risk. Only participate if you fully understand the technology, risks, and can afford complete loss of your investment. If you do not agree with these terms, do not use this website or purchase MGB tokens.