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Before trading any crypto asset, it is important to understand the risks. This overview summarizes certain risks associated with this asset. No securities regulatory authority has issued an opinion regarding this asset, including an opinion that it is not itself a security and/or derivative.

Investors in Canada are reminded that no securities regulatory authority or regulator in Canada has assessed or endorsed any Crypto Contract or Crypto Asset made available through the Uphold Platform. Read our risk summary for qualifying crypto assets.

BNKR Describes Itself As

Bankr is a natural-language AI trading companion that enables anyone to trade directly within their social feed or through a private terminal. With a single, simple command, users can swap, trade, and transfer assets instantly.

Project Function

BankrCoin provides a terminal where users can send messages or commands to execute on-chain trades and manage positions on Base. The platform focuses on automating common trading and powering the next wave on on-chain agents.

Token Utility

  • Utility token for the Bankr terminal ecosystem
  • Designed to support participation and usage of terminal-based execution workflows
  • Used within the BankrCoin product suite to interact with terminal-driven experiences

About the Founders

Development is attributed to pseudonymous developers (including Deployer and Hwel, per publicly available information).

Risks of BNKR

Like an investment in other crypto assets, there are some general risks to investing in BNKR. These include: (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in BNKR is subject to the following specific risks:

  • BNKR operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent risks.

We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with BNKR. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

The BNKR community and BankrCoin development team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of BNKR have no recourse to the BNKR community, BankrCoin development team, or Uphold if BNKR declines in value for any reason.

Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

Uphold's Evaluation Process

Prior to listing BNKR on the Uphold Platform, Uphold performed due diligence on BNKR and determined that BNKR is unlikely to be a security or derivative under relevant securities legislation. Uphold's analysis including reviewing publicly available information on the following:

  • The creation, governance, usage, and design of BNKR, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community.
  • The supply, demand, maturity, utility, and liquidity of BNKR.
  • Any marketing materials put forward by the BNKR social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with BNKR, including any code defects, security breaches and other threats concerning BNKR and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with BNKR, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of BNKR.

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