LUNA - Additional Risk Disclosure

As part of its listing policy to protect our users and to construct a transparent digital asset market, Bitvavo has been continuously monitoring and supervising whether the listed virtual assets maintain their listing qualifications.

In the recent days LUNA experienced large price fluctuations due to the concerns of the stability of UST, which should be an USD backed stablecoin, linked to LUNA. Due to these large price fluctuations, the risks related to investing in LUNA are extremely high. Before investing in LUNA, you should thoroughly review the current situation. In addition, you should be aware of the additional risks - besides the general risks - related to trading in LUNA.

Bitvavo will continue taking the lead in creating a sound and transparent trading environment so that users can trade with confidence through continuous and systematic supervision of listed virtual assets and communication with external experts and foundations.