What are the risks?

Digital currency

Digital currencies are not regulated by the FCA. This means you will be unable to rely on the Financial Services Compensation Scheme or Financial Ombudsman Service. As your cash has been converted into a stablecoin or cryptocurrency, it is not subject to the same safeguarding arrangements as the funds in your cash account.

Lending your funds to Ziglu

In any lending arrangement there's always a possibility that a borrower could default and the worst case is that you may not get back the same amount of stablecoin or cryptocurrency as you have lent to Ziglu - your capital is at risk.