Risk disclosure
Cryptoassets are high risk investments. You should be prepared to lose all the money you put in.
Prices move sharply
Crypto prices can rise or fall by large amounts in minutes, at any hour, including weekends.
Limited protection
In the UK most cryptoassets are not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service. If a platform fails, you may not get your money back.
Scams are common
Be wary of anyone promising high or certain returns, asking for your seed phrase, or pressing you to act quickly.
Borrowing makes losses bigger
Trading with leverage can wipe out an account quickly. Many people lose money this way.
Tax
Gains on crypto may be taxable. Check the rules where you live.
General information only
Nothing on this site is a personal recommendation or financial advice.
Official sources
- Financial Conduct Authority: guidance on cryptoassets
- Bank of England: cryptoassets and stablecoins
- HM Revenue and Customs: cryptoassets manual