Risk Warning
Crypto assets are high risk. You can lose all of the money you put in.
- Price volatility. Crypto prices can rise or fall sharply within minutes.
- Leverage. Futures, margin and other leveraged products magnify losses as well as gains. Positions can be liquidated, and you can lose your whole margin quickly.
- Copy trading. Copying another trader does not reduce risk. Past performance does not predict future results.
- Exchange risk. Exchanges can be hacked, suffer outages, freeze withdrawals, become insolvent or face regulatory action. Proof of Reserves and protection funds do not remove these risks.
- Regulation. Crypto may not be regulated as a financial product where you live, and you may have limited or no access to compensation schemes or dispute services. In Australia, AUSTRAC registration is an anti-money-laundering registration, not a financial services licence.
- Scams. Beware of phishing sites, fake apps and anyone offering guaranteed returns or asking for your password or one-time codes.
- Tax. Crypto transactions may be taxable. Check the rules of your tax authority, such as the ATO or SARS.
Not financial advice
All content on this site is general information only. It does not take into account your objectives, financial situation or needs and is not financial, investment, tax or legal advice. Consider speaking to a licensed adviser before making financial decisions, and only use money you can afford to lose.
Availability
Products mentioned on this site may not be available in your country. It is your responsibility to check that using an exchange is lawful where you live. Do not use a VPN or false information to get around an exchange's regional restrictions.