BINANCE TURKEY RISK NOTIFICATION FORM

I. GENERAL INFORMATION

This "Risk Notification Form" is an integral part of the Binance Turkey Framework Agreement ("Framework Agreement") and is created to inform the Customer about the risks related to investment products through the services provided by Binance Turkey ("Binance Turkey Kripto Varlık Alım Satım Anonim Şirketi").

This form was made accessible and viewable on the website www.binance.tr before the Customer became a member of the Platform and was delivered to the Customer as an annex to the Binance Turkey User Agreement upon becoming a member of the Platform.

Crypto assets have their own unique risks, and you may incur losses as well as profits from crypto asset transactions. Therefore, before deciding to trade, you need to understand the risks you may encounter in the market and make decisions considering your financial situation and constraints.

For this purpose, you need to understand the issues in the "Risk Notification Form" prepared in accordance with Article 21 of the Communiqué No. III-35/B.1 on "Establishment and Operating Principles of Crypto Asset Service Providers."

II. RISK NOTIFICATION

In addition to the issues specified in the Framework Agreement you will sign/have signed with Binance Turkey, it is very important that you read, understand, and evaluate the risks listed below. This Risk Notification Form is presented for your review to inform you about the general risks related to crypto assets and does not cover all risks that may arise from the trading of crypto assets, including the services specified in the Framework Agreement.

1. Crypto Asset Volatility and Market Risk

Crypto assets have much higher volatility compared to traditional financial instruments. The nature of crypto assets can lead to sudden price fluctuations, short-term value increases or decreases, and unpredictable market movements. Crypto asset markets are affected by numerous factors such as global economic developments, regulatory changes, and technological advancements, which can lead to sudden and significant changes in the value of investments. As a result, market prices for crypto assets may undergo unpredictable changes.

2. Commercial Risk

Regulations made by the authorities do not mean acceptance and approval of crypto assets as a safe financial instrument. The Customer should conduct necessary research and evaluation regarding the reliability of the listed crypto asset before investing in it. Crypto assets listed on the Platform should not be considered as assets approved by Binance Turkey.

Values in crypto asset markets are variable and can change rapidly in real-time. Customers are warned to pay attention to how sudden and adverse changes in trading and other market activities can affect their positions and assets. Crypto asset markets are determined by supply and demand.

3. Transfer and Transmission Risks

Transfers related to crypto assets may be irreversible due to the nature of the technology used. The Customer is entirely responsible for transferring crypto assets to electronic wallets. The Customer is also responsible for taking security measures related to these wallets.

In the event of a transfer of a crypto asset to a wallet belonging to a different customer, Binance Turkey cannot be held responsible for this transaction; all responsibility lies with the Customer who made the incorrect transfer. Again, the Customer is responsible for incorrect transfers resulting from incorrect entry of information required during the transfer according to the technical specifications of crypto assets.

Transaction instructions given by the Customer cannot be canceled or invalidated once executed. All responsibility arising from the execution of instructions related to services subject to instructions lies solely with the Customer.

4. Price and Liquidity Risk

It is not possible to provide guarantees or commitments regarding the prices at which crypto asset transactions will occur. Due to market dynamics, sudden fluctuations, and external factors, there may be differences between the prices specified in transactions and the results achieved.

Cryptocurrency markets have varying liquidity levels. Some are quite liquid, while others have lower trading volumes. Markets with low liquidity can increase volatility. Binance Turkey does not make any commitments or guarantees regarding the buying and selling of a cryptocurrency that can be traded on the Platform.

If a cryptocurrency that is the subject of your instruction is removed from the trading list or becomes unusable for buying and selling for any reason, the given instruction will be immediately closed.

5. Technology Risk

Crypto assets are stored in digital environments and may be exposed to technological risks. System errors may occur while trading on the Platform and/or our applications. The Customer is aware of the risk that their instruction may be delayed or deemed invalid due to a system failure.

The Customer acknowledges and accepts the risks associated with using an internet-based trading system, including but not limited to hardware, software, and internet connection failures, malware risk, risk of unauthorized access to information and/or digital assets stored on behalf of the customer by third parties, cyber-attacks, cryptocurrency network failure, computer viruses, communication errors, disruptions, errors, malfunctions, delays, spyware, scareware, trojans, worms, or other malicious software that may affect your computer or other equipment or potential phishing, espionage, or other attacks.

6. Monitoring

The Customer must securely protect the password and/or other information used to access their customer account. Additionally, the Customers must ensure that they can always monitor the status of their account. Since each Customer is solely responsible for the security of their account, Binance Turkey is not responsible for monitoring the positions in any Customer's account.

7. Taxation

The Customer is solely responsible for determining the tax consequences of cryptocurrency trading or potential increases and decreases in the value of the cryptocurrency within the framework of the applicable regulations. Customers are solely responsible for withholding, collecting, reporting, paying, and/or remitting all taxes to the relevant tax authorities.

8. Fees

Our fees and commissions are specified on the Platform. Please obtain information about all costs and fees applicable to you before trading. Cryptocurrency transfers are non-refundable, and fees paid by the Customer to Binance Turkey for transactions are also non-refundable.

9. Disclaimer

Opinions, news, research, analyses, prices, or other information on the Platform are presented as general market commentary and do not constitute investment advice. Binance Turkey is not responsible for any losses arising from investments based on any recommendations, forecasts, or other information provided.

This form is prepared in Turkish and English, and in case of any discrepancy between the two versions, the Turkish version shall prevail.

10. Other Risks

Crypto assets are not subject to the investor compensation provisions regulated in Article 82 of the Capital Markets Law. All these investment products carry a high degree of risk and are not suitable for many investors.

This form provides you with general information about the risks associated with these products; however, it does not include all risks that may arise from transactions and does not provide information about risks related to your personal circumstances. If you have any doubts about any matter, you should seek professional advice.

Before deciding to trade with Binance Turkey, it is important that you fully understand the relevant risks, have sufficient financial resources to take these risks, and carefully monitor your crypto assets.

Customer Declaration:

I declare that I have read and understood all the above issues; I have signed this "General Risk Notification Form" as a result of my free will, reserving my rights to claim and sue for any damages that may arise due to the fault or negligence of the Platform during the implementation of these principles, and I acknowledge and declare that I have received a copy of the form by signing the Framework Agreement thereafter.