Risk Disclosure
Every way you can lose, written out. If a risk is real, it is here, even where it makes us look less reassuring.
Read this first
Digital assets are risky and this is not investment advice. Only commit capital you can afford to have locked up, reduced in value, or, in the worst cases, lost. The specific risks of doing it through Qblockx are below.
Price and market risk
The value of any asset you hold can fall, quickly and a lot, and can fall to zero. Cold storage protects your keys from remote attack; it does not hedge price. A safely stored asset can still lose most of its value.
Loss of access
This is the risk self-custody trades for security, and it is real. If you lose your recovery shares and your credentials, and no backup works, stored assets may be permanently unrecoverable by anyone, including us. Keep independent backups of your recovery material offline. Do not keep your only copy inside our systems.
Transaction finality
A withdrawal you authorise is final once it is on-chain. We cannot reverse a transfer you sent to the wrong address, or sent on a network the destination does not support. Verify address and network before confirming, and send a small test to a new destination first.
Counterparty risk
Assets resting in your own cold addresses are reachable through your recovery material even if we stop operating. Value you deploy, by contrast, is a claim on Qblockx:
- Mining rewards accrue as a hosted programme that depends on us operating and paying.
- Investment positions and card-programme balances are subject to their terms and to our solvency.
- If Qblockx ceases trading, deployed value becomes a claim alongside our other creditors, not something a recovery phrase sweeps.
See what happens if Qblockx stops trading.
Upstream issuer and network risk
Some assets are issued or bridged by third parties. A stablecoin or wrapped/bridged token is a claim on its issuer and inherits their risk; a network upgrade, fork, or outage can affect an asset independently of us. We describe supported assets, but we do not control the networks or issuers behind them.
No deposit insurance
Balances here are not deposits. They are not government guaranteed and are not covered by a depositor-protection scheme. No insurance policy is claimed on this site unless one is published here with a policy you can check.
Regulatory risk
Rules for digital assets are changing and differ by country. Qblockx is a registered company, not a licensed custodian or bank. A change in law where you live could affect what you can do with the platform or how it is available to you.
The short, honest summary
Holding on Qblockx trades some risks for others. The air gap and your own keys remove the "someone reaches in and steals it" risk. They leave price risk, the risk you lose your backups, the finality of your own mistakes, and, for anything you deploy, our risk as the counterparty. That is the deal; we would rather you understand it now than discover one piece of it at a withdrawal.