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  • This website is not intended for the UK audience. If you are accessing this website from the UK, please exit this site immediately. Please be informed that services offered on this website are currently not accessible to Retail Clients based in the UK.
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Is it safe to buy with crypto when shopping online? Here are a few precautions you should take

In recent years, we’ve witnessed a growing trend in the world of online shopping – the ability to buy with crypto. It’s an exciting development that offers several advantages, such as enhanced privacy, security, and accessibility. However, as with any digital transaction, there are precautions that we, as consumers, should take to ensure our online […]

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Bitcoin halving – when, where, why and how?

Although there are still approximately 8 months until it is supposed to happen, the crypto community is already preparing itself for the 2024 Bitcoin halving. It happens every four years, and it draws a whole lot of attention – not only from crypto exchangers, but also from companies and startups that are in the crypto […]

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Everything you need to know about MiCA – Will it impact BTC and ETH prices?

Cryptocurrency regulation has been a hot topic in the industry for several years now. A tighter grip on the industry could mean that companies in this field will have a hard time conducting their day-to-day business, undoubtedly with an impact on how they operate.  We at Bintense are a cryptocurrency exchange, and that’s why we […]

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Exploring Central Bank Digital Currencies (CBDCs) – Are Top Cryptos Today at Risk?

Hello, fellow crypto enthusiasts! Welcome to the official blog of Bintense, your trusted crypto exchange. Today, we dive into the fascinating world of Central Bank Digital Currencies (CBDCs) and explore how major institutions like the European Central Bank (ECB), the Bank of England (BoE), and the Swiss National Bank (SNB) view the concept of digital […]

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Bintense is a powerful and utterly safe crypto exchange platform.

This website and its content have been produced and disseminated for persons outside of the United Kingdom. The information provided is not directed at or intended for distribution to, or use by, any person or entity located within the UK. The financial products and services mentioned on this website are not eligible for the UK. Cryptoassets are classified as Restricted Mass Market Investments in the UK, meaning that they are high-risk investments and are not suitable for most retail investors

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Bintense is owned and operated by UAB Green Cliff INC, the company number 306116484, authorised to Provide virtual currency service, with a registered and operational address at Naugarduko st. 3-401, Vilnius, Lithuania.

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  • This website is not intended for a UK audience. If you are accessing this website from the UK, please exit this site immediately.

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

What are the key risks?

1. You could lose all the money you invest.

  • The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
  • The cryptoasset market is largely unregulated. There is a risk of losing money or any crypto assets you purchase due to risks such as cyber-attacks, financial crime and firm failure.

2. You should not expect to be protected if something goes wrong. 

  • The Financial Services Compensation Scheme (FSCS) doesn’t protect this type of investment because it’s not a ‘specified investment’ under the UK regulatory regime – in other words, this type of investment isn’t recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker here: https://www.fscs.org.uk/check/investmentprotection-checker. 
  • The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm. Learn more about FOS protection here: https://www.financialombudsman.org.uk/consumers.

3. You may be unable to sell your investment when you want.

  • There is no guarantee that investments in crypto assets can be easily sold at any given time. The ability to sell a crypto asset depends on various factors, including the supply and demand in the market at that time.
  • Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delays, and you may be unable to sell your crypto assets when you want.

4. Crypto asset investments can be complex.

  • Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment.
  • You should do your own research before investing. If something sounds too good to be true, it probably is.

5. Don’t put all your eggs in one basket.

Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well.

A good rule of thumb is not to invest more than 10% of your money in high-risk investments: https://www.fca.org.uk/investsmart/5questions-ask-you-invest.

If you want to learn more about protecting yourself, visit the FCA’s website here: https://www.fca.org.uk/investsmart.

For further information about cryptoassets, visit the FCA’s website here: https://www.fca.org.uk/investsmart/crypto-basics.