All cryptocurrencies - some more than others - are subject to market fluctuations, meaning sharp, sudden and often unpredictable drops and rises in price. The extreme volatility of cryptocurrencies, in addition to the fact that they are traded internationally without boundaries or intermediaries 24 hours a day, 7 days a week, means that an investor has to be prepared and take the time to monitor assets closely. As the value attributed to cryptocurrencies is perceived, a cryptocurrency has value as long as the market attributes value to it, if this is no longer the case, the price of the coin will decline, or sometimes even crash. Howto trade cryptocurrency Finally, don’t overlook the security of any exchange or broker you’re using. You may own the assets legally, but someone still has to secure them, and their security needs to be tight. If they don’t think their cryptocurrency is properly secured, some traders choose to invest in a crypto wallet to hold their coins offline so they’re inaccessible to hackers or others.

What is cryptocurrency? Unlike fiat currencies, cryptocurrencies aren’t tied to any central bank. Instead of being printed, they’re computed through a vast network of independent computers that work together to keep cryptocurrencies and transactions secure. Our articles and videos will help teach you how crypto can affect the market. IBKR Clients – Log in to Request Cryptocurrency Trading Permissions Already have an account? LOGIN