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Go Crypto / Getting Started with Go Crypto / What are the risks of investing in cryptocurrencies?
What are the risks of investing in cryptocurrencies?

Cryptocurrencies are Highly Volatile

Cryptocurrencies are known for being highly volatile. This means that their prices can change quickly and unpredictably for some coins. Unlike traditional investments, crypto values can rise or fall sharply within hours or days. This unpredictability is part of what makes cryptocurrency exciting for some investors, but it also means the value of your holdings can decrease significantly. 

Some cryptocurrencies may also have lower liquidity, which can make them harder to sell when markets are moving fast. It’s important to understand that the value of crypto exchange in the Philippines can go up or down at any time.

Go Crypto is a Secure in-App Investment Tool 

To help create a safer environment for those exploring virtual assets, Go Crypto is designed as a closed-loop system within the GoTyme Bank app. This means you can buy and sell select cryptocurrencies securely in-app, but external transfers, such as sending or receiving crypto from other wallets, are not allowed. While this setup limits movement outside the app, it strengthens protection for your assets and minimizes exposure to potential hack. By investing only within the GoTyme Bank app, you benefit from a simple, compliant, and controlled experience that prioritizes user protection and transparency.