Risks Every Axiom User Should Consider
Risks of engaging with Axiom include uncertain regulation, security gaps, market volatility, and mixed support feedback. Users are encouraged to proceed cautiously and test first.
Before engaging with any trading or DeFi interface, consider a risk checklist that covers regulation, security, markets, and operations.
- Regulatory: requirements vary by jurisdiction (e.g., evolving EU MiCA rules). Understand what, if any, licenses a service claims and how that affects your protections.
- Security: look for audits, responsible disclosure programs, and clear wallet‑permission prompts. Be cautious with unlimited token approvals.
- Market: expect volatility; size positions accordingly; use limit orders when possible; validate price sources.
- Operational: confirm RPC redundancy, uptime history, and the presence of a status page. Favor tools that fail safely and communicate clearly.
Personal safeguards such as hardware wallets, unique per‑site approvals, and segregated “hot” vs “cold” funds materially reduce risk over time.