Risk warning

Value and volatility

• The value of crypto-assets can rise or fall sharply, including between your deposit and its conversion. You may lose all of the amount held or converted.
• Stablecoins can lose their peg to the currency they reference.

No guarantee

• Crypto-assets are not covered by deposit guarantee schemes or investor compensation schemes.
• The protection offered by the MiCA regulation is limited and applies only to services provided by authorised providers.
• CryptoIBAN is not a bank. Funds held on a payment or e-money account are not deposits and earn no interest.

Technology

• Crypto-assets depend on specific technology and infrastructure, some of it recent and not yet fully tested.
• Crypto transfers are irreversible: crypto sent to a wrong address or on the wrong network may be lost permanently.
• Losing access to a wallet (password, recovery phrase) means losing its content. We will never ask for your recovery phrase.

Markets

• Rules against market manipulation and insider dealing exist under MiCA, but crypto markets remain exposed to these risks, especially outside the European Union.

Payments and taxes

• Acceptance of crypto as a means of payment is limited and not mandatory: your payees receive euros by SEPA transfer.
• Converting crypto-assets may be taxable in your country of tax residence. We provide neither tax nor investment advice.

Learn more

Independent information is available from the Belgian financial regulator on Wikifin and from the European Securities and Markets Authority (ESMA).