Investment Risk Disclosure

The short version

You can lose all of the money you put in. Cryptoassets are volatile and largely unregulated. No return shown anywhere on this site is promised, and past performance tells you nothing reliable about the future.

1. Market risk

Cryptoasset prices move sharply and without warning, in both directions. Markets trade continuously, so a fall can happen while you are asleep. A single asset can lose most of its value in days and never recover.

2. Total loss of capital

There is no floor under a cryptoasset price. Unlike a bank deposit, none of your capital is protected. You should only commit money you can afford to lose entirely without it affecting your standard of living.

3. Estimated returns are estimates

Where a plan shows an estimated return, that figure is the output of a model based on stated assumptions. It is not a forecast we stand behind, not a target we are obliged to hit, and not a promise. The methodology behind each estimate is published on the plan itself so you can judge it for yourself.

4. Liquidity and access risk

Money committed to a plan may not be available on demand. Exiting early may be restricted, or may incur a charge. In stressed markets, withdrawals across the industry can slow down or be suspended entirely.

5. Custody and counterparty risk

Your assets are only as safe as whoever holds them. If the custodian fails, is hacked, loses its keys, or does not keep your assets separate from its own, you may become an unsecured creditor and recover little or nothing. Read the Custody and Asset Ownership document to see exactly who holds what.

6. No compensation scheme

Cryptoassets are generally not covered by statutory investor compensation or deposit guarantee schemes. Our position is: To be confirmed: compensation scheme coverage. If no scheme applies, you have no safety net if we or a custodian fail.

7. Regulatory risk

Governments are actively changing how cryptoassets are treated. A change in law could restrict the service, force a plan to close, affect the tax you pay, or make an asset untradeable in your country.

8. Technology and operational risk

• Blockchain transactions are irreversible. A transfer sent to the wrong address cannot be recovered by us or by anyone.
• Networks can congest, raising fees and delaying transfers.
• Software, exchanges and bridges can be exploited.
• Our own platform can suffer an outage, during which you may be unable to act.

9. Fraud and scam risk

We will never call, email or message you asking for your password or a verification code. Anyone who does is attempting to steal from you. Treat unsolicited investment offers using our name as fraudulent and report them to us.

10. Tax

Disposals of cryptoassets are usually taxable. You are responsible for your own tax position. The statements we produce are records, not tax advice, and you should take independent professional advice.

11. Concentration

Cryptoassets should form a small part of a diversified portfolio. Committing a large share of your savings to this asset class exposes you to a level of risk most people should not take.