Conflicts and Risk Disclosure

Shakepay Credit Inc.

This disclosure explains certain potential conflicts of interest and risks that may arise when you use the crypto-backed lending services of Shakepay Credit Inc. (“Shakepay Credit”, “we”, or “us”) together with other Shakepay services offered by Shakepay Inc. (“Shakepay”). It is intended to help you make informed decisions about using these products.

Potential Conflicts of Interest

1. Incentive to promote multiple services

Shakepay Credit and Shakepay are affiliated companies. Because both entities earn revenue from their respective services, Shakepay Credit may have an incentive to encourage you to use several Shakepay products (for example, the Shakepay Platform and a Shakepay Credit loan). To address this, we clearly separate our operations and compensation structures, and we do not pay or receive commissions or referral fees between Shakepay and Shakepay Credit for client activity.

1. Use of loan proceeds for speculation

Crypto-backed loans are designed to provide liquidity without selling your crypto assets. Using borrowed funds to buy or trade crypto assets increases your exposure to market volatility and can lead to rapid losses. To reduce this risk, customers are required to explicitly confirm that loan proceeds will not be used to purchase, trade, or otherwise speculate on crypto assets, and that a loan will not be used to obtain the collateral securing it. Shakepay Credit may review account activity and follow up with customers if prohibited use is suspected.

1. Understanding costs, risks, and alternatives

Crypto-backed lending carries unique risks, including the possibility of losing your collateral if its value declines. Before applying for a loan, you should carefully review the Loan Agreement and the Loan Risk Statement, which describe how the loan works, applicable fees and interest, and the risks of using crypto assets as collateral. You should also consider alternatives, such as traditional credit products, and ensure that this product is appropriate for your financial situation.

Shakepay Credit does not provide financial, investment, tax, or legal advice.

Our Commitment

Shakepay Credit is committed to transparent communication and to managing conflicts of interest in your best interest. If any new or significant conflicts arise, we will update this disclosure and notify affected customers.

Last updated: April 21, 2026