Policies

Risk Disclosure

Last updated: 13 May 2026.

Crypto-assets are speculative, complex and entail significant risks. This Risk Disclosure summarises, in plain terms, what you should understand before buying or selling crypto-assets through nextsolutionscorp.com (the "Platform"). It is not exhaustive. You are responsible for educating yourself further and, where appropriate, taking independent advice.

By using the Platform, you confirm that you have read and understood this Risk Disclosure.

This Risk Disclosure forms part of the Terms and Conditions and uses the defined terms set out there.

1. Who we are, and what protection that does and does not give you

Next Solutions Corp is registered with the Financial Transactions and Reports Analysis Centre of Canada ("FINTRAC") as a Money Services Business with the virtual-currency dealing permission.

What this means. Our FINTRAC registration imposes on us obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act — to verify customer identity, monitor transactions, file reports of suspicious and large virtual currency transactions, comply with the Travel Rule, comply with the Canadian implementation of the Crypto-Asset Reporting Framework ("CARF"), and maintain an AML compliance programme that is independently reviewed at least every two years.

What this does NOT mean. FINTRAC registration is a financial-crime registration. It is not:
- a licence or authorisation to give investment, securities or financial advice;
- a guarantee that any crypto-asset listed on the Platform is safe, appropriate or suitable for you;
- a stamp of approval by the Canadian government on our business or on the crypto-asset market;
- equivalent to authorisation under the rules of the Canadian Securities Administrators or any provincial securities regulator (the Canadian Securities Administrators' position on the regulation of crypto-asset trading platforms is described in section 6 below);
- coverage by the Canada Deposit Insurance Corporation (CDIC), the Canadian Investor Protection Fund (CIPF), or any other Canadian compensation scheme.

Fiat we hold from you is not insured. Money you send us, held transiently while an Order is being settled, is not a deposit with a bank and is not insured by CDIC or any equivalent scheme. We are not a deposit-taking institution. In the event of our insolvency, fiat in transit would be subject to the ordinary law of insolvency, not to any priority or compensation regime.

No investor protection fund. Crypto-assets you buy through the Platform are not protected by CIPF or any other Canadian investor protection scheme. CIPF protects clients of brokerage firms that are members of the Canadian Investment Regulatory Organization; we are not such a firm. CDIC protects eligible deposits at member institutions; we are not such an institution.

2. The price risk

Crypto-assets are highly volatile. Their value can fall sharply, including to zero, in a short period of time. Past performance is not a reliable indicator of future performance.

The dollar value of a crypto-asset you buy from us can decline by a material amount within minutes of the transaction. There is no guarantee that you will be able to sell the crypto-asset back to us, or to any other counterparty, at the price you paid or at any particular price.

You should not invest more than you can afford to lose.

3. The liquidity risk

There is no guarantee that there will be an active market in any particular crypto-asset at any particular time. We may suspend or permanently withdraw support for any asset, including in response to changes in regulation, in our risk appetite, or in market conditions (see the Cryptocurrency Price Terms). Where this happens, your ability to sell the asset to us ends, and you must use another venue to dispose of the asset.

For thinly traded assets, the spread between our buy and sell rate can widen significantly, and slippage between Order submission and execution can be material.

4. The technology risk

A crypto-asset transaction is a record on a public blockchain. We cannot reverse or modify it once it is confirmed. If you send a crypto-asset to the wrong address, or to an address that uses an incompatible network, the asset is almost always irrecoverable.

Blockchain networks can experience outages, congestion, forks, attacks (including 51% attacks and re-org events) and protocol failures. We rely on these networks and we cannot guarantee their continued availability or integrity.

Smart-contract and bridge vulnerabilities, validator failures, oracle failures and stablecoin de-pegging events are recurring features of the crypto-asset market. We may suspend trading in an affected asset without notice.

5. The custody risk — and what you take on by self-custody

We do not provide custodial wallet services. When you buy a crypto-asset through the Platform, we send it to a blockchain address you specify. From that moment, the security of the asset is your responsibility.

You must:
- choose a wallet whose security model you understand;
- safeguard your private key, seed phrase or hardware wallet — loss of these means loss of access to the assets, permanently;
- protect against phishing, malware, social engineering and device compromise; and
- keep backups in a secure, separate location.

We cannot recover assets that are lost because of a key compromise, a phishing attack, malware, or any other event affecting a wallet that we did not control.

6. The regulatory risk

The regulatory treatment of crypto-assets in Canada and elsewhere continues to evolve. New rules may be introduced, existing rules may change, and enforcement positions may develop, in ways that:
- affect the availability of particular crypto-assets on the Platform;
- impose new identification, reporting or tax obligations on you;
- limit the ways in which you can use a crypto-asset (for example, for cross-border payment); or
- result in a crypto-asset being classified as a security or another regulated product in your jurisdiction.

In Canada specifically, the Canadian Securities Administrators ("CSA") have taken the position that certain crypto-asset trading platforms must be registered with provincial securities regulators because the relationships they have with their customers may constitute "crypto contracts" that are securities or derivatives. The CSA's published expectations apply in particular to platforms that hold customer crypto-assets on an ongoing basis. The non-custodial, instant-exchange model we operate is intended to fall outside that classification, but regulatory positions can change. We monitor the CSA's guidance and adjust our business as required.

You are responsible for understanding the rules that apply to you in your country of residence. We do not give legal or tax advice.

7. The tax risk

In Canada, the Canada Revenue Agency ("CRA") generally treats crypto-assets as a commodity. A disposition of a crypto-asset — including using it to buy something, exchanging it for another crypto-asset, or selling it for fiat — may give rise to a capital gain or to business income, with corresponding tax consequences. The treatment depends on the facts.

Canada has implemented the OECD Crypto-Asset Reporting Framework ("CARF") from 1 January 2026, with first annual reporting in 2027. CARF requires reporting of certain crypto-asset transactions to the CRA and, through it, to foreign tax authorities. As part of our CARF obligations we collect tax residence and tax-identification information; see the Privacy Policy and the AML and KYC Policy.

We do not provide tax advice. We do not produce tax statements. We will, however, provide a record of your Orders on request, which you can give to your accountant or tax adviser.

If you are not a Canadian tax resident, the tax treatment of crypto-asset transactions in your country may be very different. You are responsible for understanding and complying with the tax laws that apply to you.

8. The fraud and scam risk

The crypto-asset market is a frequent target of scams. Common patterns we encourage you to be alert to:
- "Pig-butchering" / romance scams: someone you have met online, often on a dating app or social-media platform, builds a relationship over weeks or months and eventually directs you to buy crypto-assets and send them to a wallet they control.
- Investment scams: messages, websites or videos promising unrealistic returns from a "trading platform" or "celebrity-backed" scheme, asking you to deposit crypto-assets to participate.
- Impersonation: scammers pretending to be from "support", "compliance" or "law enforcement" and asking you to move funds or share credentials.
- Recovery scams: after you have been defrauded, a second scammer contacts you offering — for an upfront fee — to "recover" the lost funds.

We will never contact you on social media or by telephone asking you to move funds, share your password or share your two-factor code. Our only support channel is email from a @nextsolutionscorp.com address.

If you suspect you are being defrauded, stop before placing the Order, and contact support@nextsolutionscorp.com and your local police. In Canada, you can also report to the Canadian Anti-Fraud Centre (antifraudcentre-centreantifraude.ca).

9. The operational risk

We rely on third-party infrastructure (cloud hosting, payment processors, banks, blockchain-analytics providers) to operate the Platform. Outages, errors or failures of these providers can delay, prevent or interrupt Orders. We use commercially reasonable measures to mitigate these risks but we cannot eliminate them.

10. The sanctions and compliance risk

Use of the Platform is subject to AML, sanctions and KYC controls described in the AML and KYC Policy. An Order may be delayed, refused, frozen or unwound if our screening identifies a concern. In some cases the law requires us not to inform you of the reason. If your funds become subject to a sanctions freeze, we cannot release them without authorisation from the competent authority.

11. Acknowledgements specific to customers in the EEA

If you have approached us on your own exclusive initiative and we have agreed to provide the Exchange Services to you under the Reverse Solicitation Notice, the following acknowledgements apply specifically to you. They are stated here to ensure that no aspect of your use of the Platform is misunderstood; they are not, and should not be read as, an invitation or solicitation to use the Platform.

You acknowledge that:
- we are not authorised as a crypto-asset service provider under Regulation (EU) 2023/1114 (MiCAR) and are not authorised in any EEA member state;
- we are not on the Financial Conduct Authority register of cryptoasset firms and are not authorised to communicate financial promotions in the United Kingdom;
- the investor- and consumer-protection regimes of the EEA — including the investor-compensation schemes of EEA member states — do not cover the Exchange Services;
- your local law may treat your use of the Exchange Services differently from our provision of them; you are responsible for knowing the position under the law of your country and for complying with it; and
- nothing in this Risk Disclosure or in our acceptance of an Order from you constitutes marketing, advertisement, financial promotion or solicitation in your country.

12. Before you use the Platform

We encourage you, before placing an Order, to:
- read the Terms and Conditions, the Cryptocurrency Price Terms, the AML and KYC Policy, and the Refunds Policy in addition to this Risk Disclosure;
- consider whether the Order is appropriate for your financial situation, your time horizon, and your tolerance for loss;
- think about how the Order fits into your overall financial position — a common rule of thumb is that high-risk assets should form only a small part of an overall portfolio;
- where appropriate, take independent financial, tax or legal advice; and
- never send money or assets in response to pressure, urgency or a promise of guaranteed returns.

If you cannot afford to lose the entire amount you are about to use, do not place the Order.