Notice to UK Users.

The Financial Conduct Authority (FCA) considers investing in cryptoassets to be high risk, with the potential for significant losses.

Key Risks to Consider:

Potential Loss of Your Entire Investment.
Cryptoassets are highly volatile, meaning their value can drop as quickly as it can rise. Be prepared to lose all the money you invest.
The cryptoasset market is largely unregulated, exposing you to risks such as cyber-attacks, financial crime, and the failure of firms, which could result in the loss of your investment.

Limited Protection if Things Go Wrong.

Investments in cryptoassets are not covered by the Financial Services Compensation Scheme (FSCS) because they are not classified as ‘specified investments’ under UK regulations. Use the FSCS investment protection checker for more details.
The Financial Ombudsman Service (FOS) does not offer protection against poor investment performance. However, if you have a complaint against an FCA-regulated firm, the FOS may be able to assist. Learn more about FOS protection here.

Challenges in Selling Your Investment.
There is no assurance that you can sell your cryptoassets when you wish. The ability to sell depends on market conditions, including supply and demand at the time.
Operational issues, such as technology outages, cyber-attacks, or the commingling of funds, may also cause delays, preventing you from selling your cryptoassets when desired.

Complexity of Cryptoasset Investments.
Investing in cryptoassets can be complicated, making it difficult to fully understand the associated risks.
Conduct thorough research before investing. If something seems too good to be true, it probably is.

Avoid Concentrating Your Investments
Concentrating all your money in a single investment is risky. Diversifying across different types of investments reduces your dependence on any one investment performing well.

A prudent guideline is to avoid investing more than 10% of your money in high-risk assets.