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 […]READ MORE
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 […]READ MORE
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 […]READ MORE
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 […]READ MORE
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.
2. You should not expect to be protected if something goes wrong.
3. You may be unable to sell your investment when you want.
4. Crypto asset investments can be complex.
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.