You access the Services at your own risk
Buying, selling, and trading Digital Currencies is a very risky activity. Digital Currencies may experience extreme price volatility. You should carefully consider whether using the Services is suitable and affordable for you in view of your personal circumstances and financial resources. You should also take independent financial advice. Once a Transaction involving the transfer of Digital Currencies has completed, it is impossible to reverse it. Forestcoin Limited does not make any warranty or representation in relation to any Digital Currencies or any network or software which underlies or supports any Digital assets.
Private key risk
Extreme caution must be taken whenever selecting, storing or transmitting private keys. If another person learns your private key, they can steal your funds. Also, if you forget or lose your private key or password details, Forestcoin Limited cannot provide a back-up and this can result in the loss of your Digital Currencies. We strongly recommend you use secure cold storage.
Forestcoin Limited, or its associates may act as market maker
Forestcoin Limited, or its associates may act as a market maker in relation to the currencies on the exchangeforest.com from time to time. This means Forestcoin Limited may buy and sell digital currencies that it owns to create market liquidity. Forestcoin Limited may make a profit on the difference between the sell price and the buy price.
Neither Forestcoin Limited, nor any other person, guarantees or underwrites any transaction entered into via the Services, nor assumes any responsibility or liability for any loss you incur in using the Services or accessing the Site.
Nothing on this Site, including this document or the Terms and Conditions, is a solicitation of investment nor relates in any way to an offering of securities in any jurisdiction.
No offer document
Forestcoin Limted does not issue securities and no offer document has been or will be prepared or registered in relation to the Services, any Digital Currencies, or the Site under the Financial Markets Conduct Act 2013 (NZ) or any other securities legislation in any jurisdiction.
Forestcoin Limited is registered, but not licensed
Forestcoin Limited is not licensed by a New Zealand regulator to provide the issuing or managing the means of payment service or the operating a money or value transfer service and is not required to be licensed. Forestcoin Limited is registered on the New Zealand Financial Service Providers Register and is subject to, and complies with, all applicable New Zealand laws. Forestcoin Limited’s registration on the New Zealand register of financial service providers does not mean that Forestcoin Limited is subject to active regulation or oversight by a New Zealand regulator.
Place of business
Forestcoin Limited does not have a place of business in New Zealand. It may be more difficult for a New Zealand regulator or a New Zealand-approved dispute resolution scheme to help a person to resolve a complaint about the service.
Forestcoin Limited is a member of The Insurance and Financial Service Ombudsman dispute resolution scheme. Forestcoin Limited’s membership of The Insurance and Financial Service Ombudsman dispute resolution scheme does not mean that Forestcoin Limited is subject to active regulation or oversight by a New Zealand regulator.
A New Zealand regulator or a New Zealand-approved dispute resolution scheme is unlikely to be able to help customers outside of New Zealand to resolve a complaint about the service.