Platform Guide Disclosure

Definition ∞ Platform guide disclosure involves providing users with clear information about how a digital asset platform operates. This refers to the obligation of cryptocurrency exchanges, decentralized finance (DeFi) protocols, and other digital asset platforms to openly communicate their functionalities, fee structures, risk factors, and user responsibilities. Such disclosures aim to ensure that participants understand the mechanisms of the platform and the potential implications of their actions. Transparency in these guides is crucial for informed decision-making and consumer protection.
Context ∞ Regulatory bodies are increasingly emphasizing the importance of platform guide disclosure within the digital asset sector. News frequently reports on new requirements for platforms to offer more comprehensive and accessible information to their users. The objective is to mitigate information asymmetry and protect less experienced participants from unforeseen risks associated with complex digital asset products and services.