Before you use any product described on sparkling-gh.com, make sure you understand the risks below. This is not a complete list and it is not financial advice.
1. Volatility
Crypto prices can rise or fall sharply in a short time. You can lose some or all of the money you put in.
2. Stablecoins
Stablecoins aim to track the US dollar but can move away from $1 and depend on their issuer’s reserves. A stablecoin balance is not a bank deposit. Learn more on USDT and stablecoins in Ghana.
3. Tokenized stocks
Tokenized stocks follow the underlying share price, including falls, and rely on the issuer and custodian. They do not give shareholder rights.
4. Prediction markets
Losing positions pay nothing. Outcomes are uncertain and prices can move quickly. Check that prediction markets are permitted where you live.
5. Perpetual futures and leverage
Leverage magnifies losses as well as gains, and positions can be liquidated, losing your whole margin. Read why risk comes first with perps.
6. Technology and custody
Blockchain transactions are irreversible. Keep your seed phrase safe: anyone who has it can control your assets.
7. Regulation and tax
Rules on virtual assets in Ghana are developing and can change. Gains may be taxable; ask a qualified adviser.