Crypto assets are volatile
Prices can move quickly, liquidity can disappear, and token values can fall to zero regardless of past performance.
Risk
Crypto Risk Disclaimer
Understand crypto wallet risks, market volatility, irreversible transactions, bridges, smart contracts, phishing, and recovery phrase loss.
Updated May 2, 20266 min read
Wallet mistakes can be final
Sending to the wrong address, wrong chain, malicious contract, or compromised wallet can cause permanent loss.
Smart contracts add technical risk
dApps, bridges, staking contracts, and token contracts can fail, be exploited, or behave differently than users expect.
Market and liquidity risk
Digital assets can be highly volatile. Prices may change rapidly because of liquidity, market sentiment, protocol changes, regulatory news, exchange listings, hacks, or broader macro conditions.
A token being mentioned in a guide, wallet page, or comparison does not mean it is a suitable investment. Past performance and community popularity do not guarantee future value.
Transaction and custody risk
Public blockchain transactions may be irreversible once confirmed. If you send assets to the wrong address, use the wrong network, sign a malicious approval, or lose a recovery phrase, Scroll Wallet may not be able to recover the assets.
Self-custody gives users control, but it also moves operational responsibility to the user. Backup quality, device security, signing discipline, and phishing awareness matter.
Smart contract and bridge risk
Smart contracts, bridges, staking services, and DeFi protocols can contain bugs, admin controls, economic vulnerabilities, oracle failures, or design choices that create unexpected losses.
Audits and public reputation can reduce some uncertainty but cannot remove risk. Users should test small transactions first and avoid granting unlimited token approvals to unfamiliar contracts.
Regulatory and tax risk
Crypto rules vary by jurisdiction and can change. Some services, tokens, or features may be unavailable or restricted in certain locations. Users are responsible for understanding obligations that apply to them.
Transfers, staking rewards, swaps, airdrops, sales, and losses may have tax consequences. Scroll Wallet does not provide tax or legal advice.