Is Coinbase down?Ĭoinbase is currently operating as normal, with no issues affecting users. Meanwhile cryptocurrencies can be highly volatile meaning they can lose a lot of their value and very quickly. Investors should never put in more than they can afford to lose, and regulators say you could lose all your cash by investing in crypto. Technical issues have sent apps like Robinhood down leaving investors unable to get their cash or trade when they need to, leaving them out of pocket. Marketing materials: Firms may overstate the returns of products or understate the risks involved.Come see why our cryptocurrency exchange is the best place to buy, sell, trade and learn about crypto. Charges and fees: Consumers should consider the impact of fees and charges on their investment which may be more than those for regulated investment products. Kraken is more than just a Bitcoin trading platform.Converting a cryptoasset back to cash depends on demand and supply existing in the market. There is no guarantee that cryptoassets can be converted back into cash. Product complexity: The complexity of some products and services relating to cryptoassets can make it hard for consumers to understand the risks.Price volatility: Significant price volatility in cryptoassets, combined with the inherent difficulties of valuing cryptoassets reliably, places consumers at a high risk of losses.
Consumer protection: Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements.
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