Last Updated: Mar 10, 2026

This Risk Disclosure is provided by ANDX USA LLC in connection with ANDX Pay. It is intended to highlight certain material risks associated with your access to and use of ANDX Pay. It does not describe every risk that may arise in connection with digital assets, blockchain networks, wallet technology, or related services. You should carefully consider whether use of ANDX Pay is appropriate for you in light of your own circumstances, financial condition, technical understanding, and risk tolerance.

ANDX Pay is a digital wallet product made available by ANDX USA LLC. As of the date of this Risk Disclosure, ANDX Pay supports only USDC on the Base network. No other digital asset or blockchain network should be treated as supported unless expressly made available by ANDX Pay.

Your use of ANDX Pay involves significant risks, including the risk of partial or total loss of value, loss of access, failed transactions, delayed transactions, third-party failures, and technological or regulatory disruption. By using ANDX Pay, you acknowledge and accept these risks.

1. Digital Asset Risk

Digital assets involve a high degree of risk. Their legal treatment, technical operation, utility, and market acceptance may change rapidly and without notice. Even where a digital asset is designed to maintain a stable value, there is no guarantee that it will do so at all times or under all market or operational conditions.

ANDX Pay currently supports only USDC on the Base network. USDC is not issued by ANDX USA LLC. Any loss of confidence in USDC, any depegging event, redemption issue, legal restriction, reserve-related concern, blacklisting event, freezing event, smart contract issue, or action taken by its issuer or other relevant third parties may impair your ability to use, transfer, access, or realize value from your holdings.

2. Blockchain Network Risk

Blockchain networks and related infrastructure may be subject to outages, congestion, forks, chain reorganizations, replay events, sequencer or validator issues, software defects, cyberattacks, denial-of-service events, and other disruptions. These events may delay, prevent, misdirect, or otherwise adversely affect transactions.

Base is operated and maintained by third parties not controlled by ANDX USA LLC. ANDX USA LLC does not control the operation, availability, security, or continued functioning of the Base network. Any disruption, degradation, suspension, or change affecting the Base network may adversely affect ANDX Pay and your ability to use it.

3. Stablecoin-Specific Risk

Although USDC is designed to function as a stablecoin, stablecoins are subject to risks that differ from those associated with traditional fiat currency held in a bank account. Stablecoins may be affected by reserve concerns, redemption limitations, liquidity stress, legal or regulatory intervention, counterparty failures, operational failures, sanctions-related controls, issuer actions, or market dislocation.

There is no assurance that USDC will maintain parity with the U.S. dollar at all times or that redemption, transfer, or market liquidity will remain available on expected terms.

4. Unsupported Asset and Unsupported Network Risk

ANDX Pay currently supports only USDC on the Base network. If you send, attempt to send, or cause to be sent any unsupported asset, or any asset over an unsupported network, you may permanently lose access to those assets.

The use of an incorrect wallet address, unsupported token, unsupported chain, bridge, wrapped asset, incompatible smart contract, or incorrect transaction parameter may result in permanent loss, failed settlement, or inaccessible assets. Such losses may be irreversible. ANDX USA LLC may be unable to recover, reverse, trace, re-credit, or otherwise remediate such transactions.

5. Transaction Finality Risk

Transactions recorded on a blockchain are generally irreversible once confirmed. If you initiate a transaction to the wrong address, authorize a transaction in error, interact with the wrong smart contract, or otherwise submit inaccurate instructions, the transaction may not be capable of reversal.

Transactions may also remain pending for an extended period, fail to confirm, be rejected, be replaced, or settle differently than expected depending on network conditions and protocol behavior. ANDX USA LLC does not guarantee transaction completion, timing, ordering, or finality.

6. Technology and Software Risk

Wallet applications, mobile devices, browsers, operating systems, APIs, smart contracts, and related software may contain bugs, vulnerabilities, coding defects, compatibility issues, or design limitations. Updates, patches, version changes, or third-party dependencies may introduce new errors or affect functionality.

No software or technical environment is entirely free from failure or attack. As a result, ANDX Pay may experience interruptions, degraded performance, or security issues, and any such issue may adversely affect your use of the product or your digital assets.

7. Security Risk

Use of ANDX Pay involves cybersecurity risk. Phishing, malware, social engineering, credential theft, SIM swap, account takeover, device compromise, malicious code, and other attack methods may result in unauthorized access or unauthorized transactions.

You are responsible for maintaining the security of your device, credentials, authentication methods, and any recovery materials or wallet access methods associated with ANDX Pay. If your device or credentials are compromised, you may suffer permanent loss or unauthorized transfer of assets.

8. Public Blockchain Transparency Risk

Blockchain transactions are generally public or otherwise transparent by design. Wallet addresses, transaction hashes, timestamps, recipient and sender addresses, asset amounts, and related metadata may be visible to third parties.

As a result, your activity may be analyzed, profiled, linked, or attributed by blockchain analytics providers, counterparties, data aggregators, governments, or other third parties. Even if your name is not displayed on-chain, your blockchain activity may become associated with your identity through other data points.

9. Third-Party Risk

ANDX Pay may depend on or interact with third-party services, infrastructure providers, analytics providers, technology providers, communication providers, app store operators, internet service providers, blockchain operators, merchants, protocols, or other external parties.

ANDX USA LLC does not control the acts or omissions of such third parties. Any downtime, breach, misconduct, insolvency, technical error, policy change, legal restriction, or service failure affecting a third party may impair your use of ANDX Pay or your ability to transact.

10. Regulatory and Legal Risk

The legal and regulatory treatment of digital assets, stablecoins, wallet products, blockchain activity, and related services is evolving and may change at any time. Laws, regulations, sanctions rules, tax rules, licensing frameworks, consumer protection requirements, or enforcement priorities may affect the legality, availability, design, or operation of ANDX Pay.

Regulatory actions or legal developments may restrict access to ANDX Pay, require product changes, affect the availability of USDC or the Base network, or impair your ability to hold, transfer, or use digital assets.

11. Tax Risk

Transactions involving digital assets may have tax consequences. The tax treatment of acquiring, holding, transferring, or using USDC may vary depending on your jurisdiction and personal circumstances.

You are solely responsible for determining and complying with any tax obligations associated with your use of ANDX Pay. ANDX USA LLC does not provide tax advice.

12. No Guarantee of Availability

ANDX Pay may be modified, suspended, restricted, or discontinued at any time. Access may be interrupted due to maintenance, upgrades, outages, legal requirements, compliance controls, security concerns, or third-party failures.

There is no guarantee that ANDX Pay will remain available, uninterrupted, or compatible with your device, software environment, or expected use case.

13. No Advice or Recommendation

ANDX Pay is a technology product. Nothing in ANDX Pay or this Risk Disclosure constitutes legal, tax, accounting, investment, or other professional advice. Nothing in ANDX Pay constitutes a recommendation, endorsement, or assurance regarding USDC, the Base network, or any transaction you may undertake.

You are solely responsible for evaluating whether use of ANDX Pay is appropriate for you.

14. User Responsibility

Before using ANDX Pay, you should ensure that you understand how the product works, what assets and networks are supported, how blockchain transactions function, and what risks may arise from user error, third-party dependence, public blockchain visibility, and software or network failures.

You should not use ANDX Pay unless you are able to bear the risk of financial loss, technological failure, and operational disruption, including the risk of permanent loss of assets or permanent loss of access.

15. Acknowledgment

By accessing or using ANDX Pay, you acknowledge that you have reviewed and understood this Risk Disclosure and that you accept the risks associated with your use of ANDX Pay.

16. Contact

Questions regarding this Risk Disclosure may be directed to:

ANDX USA LLC - support@andxus.io