EU Regulatory Disclosures

We are obliged to disclose information on the services we provide. Please read the following information carefully, which is applicable to you when making use of services or products provided by FalconX Limited.

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REGULATORY DISCLOSURE

FalconX Limited, incorporated in Malta with company registration number C 88950, registered business address at Level G, (Office 1/1191), Quantum House, 75, Abate Rigord Street, Ta' Xbiex XBX 1120, Malta, (hereinafter “FalconX”, "Company", “we”, “us” or “our”), is authorised as a Crypto-Asset Services Provider by the Malta Financial Services Authority (the “MFSA”) pursuant to Regulation 2023/1114 on Markets in Crypto-Assets as implemented in Malta by the Markets in Crypto Assets Act (Chapter 647 of the Laws of Malta), and is licensed to provide the following crypto-asset services:

1. the execution of orders for crypto-assets on behalf of clients;
2. the exchange of crypto-assets for funds;
3. the exchange of crypto-assets for other crypto-assets;
4. the custody and administration of crypto-assets on behalf of clients;
5. transfer services for crypto-assets on behalf of clients.

FalconX is also licensed as a Financial Institution by the MFSA pursuant to the Financial Institutions Act (Chapter 376, Laws of Malta) to provide payment services exclusively in relation to electronic money tokens (EMTs).

The information on this website is for general information purposes only and not to be considered as investment advice or a recommendation to buy, sell, stake or hold any crypto asset or to engage in any specific trading strategy.

You may be subject to tax on any return and/or on any increase in the value of your crypto assets. You should seek independent advice on your tax obligations.

Some products and services published on this website are not regulated activities under MiCA and may not necessarily be available to customers residing in the European Economic Area (EEA).

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RISK DISCLOSURE

Transactions in crypto-assets carry significant risks. You should carefully consider whether interacting with, holding, or trading crypto-assets is in line with your risk tolerance, considering your financial position and experience.

You may access more information on applicable risks here.

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FEES, COSTS AND PRICING

FalconX offers a variety of fee schedules depending on product, volume and market volatility. For an understanding of the applicable fees applied refer to the structures below.

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CUSTODY FEES

1. Monthly Fees will be charged at 1/12th of the listed annual fee.
2. “AUC" or Assets Under Custody refers to the total of the daily custody charges calculated for your digital assets held in custody. A snapshot of the daily balance is calculated at the end of each day based on the sum of daily charges divided by the number of days in a year.
3. Annual Basis Points. Fee is charged monthly.
4. AUC Fees are charged on an incremental basis, meaning that only the incremental assets above the stated AUC range will be charged at the lower fee tier.
5. 10% of staking rewards is charged for staking assets under custody.

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TRADING FEES

FalconX’s OTC desk operates on an all inclusive quote-based pricing model, ensuring total clarity and no hidden charges for our clients. All fees are incorporated into the quote price provided to the client prior to trade execution and there are no additional charges.

The spread between the market (spot) price and quoted price to the client reflects the margin on our services and covers FalconX's operational costs. The spread on a given quote price is a function of the following parameters:

• Asset liquidity – More liquid assets in general have lower spreads compared to less liquid assets (e.g. BTC will have tighter spreads vs SHIB).
• Market volatility - Higher volatility assets in general have greater execution risk leading to higher spreads (e.g. SHIB will have wider spreads vs USDC).
• Trade size – Larger trades have a higher execution risk leading to higher spreads (e.g. 10 BTC prices will be wider than 0.1 BTC).
• Time of trade execution – Pricing will vary subject to underlying market conditions (e.g. wider pricing around key economic events like FOMC meeting).

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TRANSFER SERVICES

Processing time depends on network activity. The estimates provided here assume your transaction is included in the first available block. If there is a delay inconfirmation, your transaction will take longer to complete. We are not able to affect the speed at which transactions are confirmed on the respective blockchains.

 Transfer instructions are processed in accordance with the timelines and cut-off points established to ensure the efficient and secure settlement of crypto-asset transfers. Transfer instructions are white listed within 6 hours from receipt and validation.

 Transfer instructions received on a Business Day before the below listedcut-off times shall be deemed received on that same Business Day:

• USD - 09:30 AM - 3:00PM ET
• EUR & GBP - 10:00AM - 3:00 PM ET

Instructions received after this time, or on a non Business Day, will bedeemed received on the following Business Day. Upon receipt of a valid and white listed instruction, the Company shall initiate the execution of the transfer within a maximum period of 24 hours, subject to the successful completion of mandatory regulatory checks, including the verification of originator and beneficiary information.

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TERMS OF AGREEMENT

The Terms of Agreement outline the primary conditions governing your relationship with FalconX Limited. These terms establish our professional obligations as a Crypto-Asset Service Provider (CASP) authorized under the MiCA framework, alongside the specific duties you undertake when using our services and/or accessing our platforms.

Further information on the general terms of agreement can be accessed here.

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CLIMATE & ENVIRONMENTAL ADVERSE IMPACTS

In accordance with MiCA requirements, FalconX publishes information on the principal adverse climate and other environment-related impacts associated with the consensus mechanisms of crypto-assets for which it provides services.

Asset-specific climate disclosures and related information can be accessed [here].

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COMPLAINTS HANDLING

FalconX has established procedures for the fair, prompt, and consistent handling of client complaints in accordance with regulatory requirements.

Clients may submit complaints using the Complaints Handling Procedures available here.

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ORDER EXECUTION

FalconX has adopted an Order Execution Policy in accordance with MiCA outlining how client orders are executed and the factors considered to achieve best execution.

The Order Execution Policy is available here.

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CONFLICTS OF INTEREST

FalconX maintains a Conflicts of Interest Policy designed to identify, manage, and mitigate conflicts that may arise in the provision of crypto-asset services in accordance with MiCA.

The Conflicts of Interest Policy is available here.

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WHISTLEBLOWING

FalconX maintains a Whistleblowing Policy designed to help you report any instances or suspected instances of malpractice related to legal, regulatory, environmental, personal, health and safety, or criminal matters concerning the services we provide to you.

The Whistleblowing Policy is available here.