Virtual currencies, real risks. The only guarantee in crypto is the risk.
Warning:
- the value of your virtual currencies can fluctuate sharply, and the amount you invested can be completely lost;
- the virtual currencies are not covered by the bank deposit guarantee schemes;
- there is no legal mechanism available on the virtual currency market to prevent market manipulation or insider trading;
- the virtual currencies are entirely dependent on a specific computer technology and infrastructure, which in some cases may be very recently developed and not yet sufficiently tested;
- in case of loss of the identification code or password that gives access to the virtual wallet in which the virtual coins are stored, those coins will be permanently lost;
- virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them;
- for more information about the risks associated with investing in virtual currencies, we recommend that you visit the Wikifin page What is a crypto coin? | Wikifin to read.”