Famous as the first-ever cryptocurrency, Bitcoin has traversed an extensive path since its modest inception. This digital currency, free from centralized control, has garnered immense favor as an investment product and an alternative to traditional monetary systems. In the year 2008, cryptocurrencies came into existence when an enigmatic person or group, under the guise of […]READ MORE
As a trusted exchange platform, we at Bintense understand the importance of maintaining the highest level of security when it comes to your cryptocurrencies. The dangers of technology and software might seem very scary, especially if you have no experience with purchasing crypto, but there are some simple steps you can and should take in […]READ MORE
Cryptocurrency is a form of “virtual” currency that operates without the interference of centralized financial institutions. It can be utilized for making purchases or serving as an investment. Some widely-known cryptocurrencies are Bitcoin, Ethereum, and Tether. The term “cryptocurrency” stems from its inherent framework whereby this currency system employs cryptographic techniques to ensure secure buying […]READ MORE
As cryptocurrencies continue to amass significant recognition and adoption worldwide, there is an increased need for sturdy regulations around this asset class. Different countries have taken unique stances in this regard, with some advocating for widespread crypto integration while others are clamping down on crypto platforms. At Bintense, we utilize advanced technologies and well-recognized security […]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.