BLOX has applied for a MiCAR license from the Netherlands Authority for the Financial Markets (AFM) and is working hard to obtain it. Until then, you are still investing outside the supervision of the AFM.

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Risk Disclaimer

Services by BLOX

BLOX provides you with an environment focused on exchanging crypto assets for fiat currency. The crypto assets you purchase are stored and managed on your behalf by Stichting BLOX Custody. If you use the yield services facilitated by BLOX, we will transfer crypto assets on your behalf to Coinmerce Earn. In such a case, BLOX provides the so-called crypto asset transfer service. For these services, BLOX is licensed by the Dutch Authority for the Financial Markets (AFM).

However, trading in crypto assets carries significant risks. Only invest funds you can afford to lose. The price of crypto assets can fluctuate greatly. Prices change at any time of the day. And yes, it’s a cliché, but past performance does not guarantee future results.

Risks of Trading in Crypto Assets

BLOX aims to inform you as clearly and honestly as possible about the significant risks associated with trading in crypto assets. On specific pages per crypto asset, additional risks may be described where applicable. This information is based on general, objective sources, such as (approved) whitepapers of the respective crypto assets.

In addition, BLOX provides a general risk disclaimer that outlines the key risks for you. The most important risks BLOX has identified are:

Price Risk
The value of crypto assets can fluctuate heavily. Factors like market dynamics, regulation, economic events, and technological developments can influence the value. These factors make it difficult to predict the value of your investments.

Moreover, crypto assets are not covered by deposit guarantee schemes. Please note that investing in crypto involves risks; you may lose your investment.

Technology Risk
Crypto assets fully depend on specific computer technology and infrastructure, which in some cases may be very new and insufficiently tested.

Fraud Risk
Crypto assets are sometimes misused for fraudulent actions or illegal activities, such as scams, money laundering, or hacking. Be cautious with offers that seem too good to be true and always check the reliability of the parties you deal with.

Use of the Website

We’ve built this website and the BLOX app with love and care, and we always aim to share correct and up-to-date information. However, no rights can be derived from the information on the website or in the app. Using the information on this website or app is always at your own risk. Do you have any questions about the content? Feel free to contact us. We’re happy to take a look with you.

Our articles are written with passion. That’s why we retain the copyright on this website. Want to reuse or share information from our articles? Please mention BLOX as the source and ask us for written permission.

Liability

BLOX accepts no liability for damage resulting from:

  • The use of our website or app.
  • The temporary inability to access our website or app.
  • The content of external websites that are referenced or that refer to our website or app.

While BLOX strives to provide accurate and current information, we cannot guarantee all data is error-free, complete, or up-to-date. BLOX accepts no liability for any losses or damage arising from the above or other risks, your use of this website, our services, or your reliance on the information provided.

Protection of Your Data

BLOX processes (collects, uses, stores, shares, and deletes) personal data. We comply with the General Data Protection Regulation (GDPR). We only process personal data for the purposes for which they were intended or for compatible purposes.