Risk Warning

As with any investment, the value of crypto can go up as well as down. Your capital is at risk.

The risk of loss in trading or holding Cryptocurrencies can be substantial. As with any asset, the value of cryptocurrencies can go up or down (and can even drop to zero), may be very volatile and there can be a substantial risk that you lose money buying, selling, holding, or investing cryptocurrencies. You should carefully consider whether trading or holding cryptocurrencies is suitable for you in light of your own financial situation and attitude to risk. We do not make any representations or recommendations regarding the advisability or otherwise of trading in cryptocurrencies or any particular transaction.

Cryptocurrency services are not currently regulated by the Bank of Lithuania or any other regulator in Europe. This means that you are unable to rely on the Financial Services Compensation Scheme or Financial Ombudsman Service. Please only proceed with an exchange for cryptocurrency if you have fully understood and are willing to accept these risks.

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Cryptocurrency services are provided by Lama EU, the trading name of LamaTechnology FS UAB, a company registered in Lithuania (Company Registration Number: 305833209). LamaTechnology FS UAB is registered as a Virtual Asset Service Provider (VASP) with the Lithuanian Register of Legal Entities for cryptocurrency services. These services are supervised by the Lithuanian Financial Crime Investigation Service (FCIS) under anti-money laundering and counter-terrorist financing (AML/CTF) regulations but are not regulated by the Bank of Lithuania. Your e-money account and related payment services are provided by OpenPayd Financial Services Malta Limited (Company Number: C 75580), which is authorised and regulated by the Malta Financial Services Authority (MFSA) as a Financial Institution.

Trading and holding digital currencies involve a high level of risk, including price volatility and potential loss of funds. Cryptocurrency values can be highly volatile and may drop to zero, and past performance is not indicative of future results. These services are not covered by deposit insurance schemes, and Lama EU does not provide investment advice or financial recommendations. Additionally, Lama EU does not guarantee the timeliness, accuracy, or completeness of any information, including pricing and exchange rates. While cryptocurrency services remain subject to AML/CTF supervision by the Lithuanian FCIS, they are not regulated by the Bank of Lithuania or any other financial regulator in Lithuania.