Wealthsimple Crypto is a self-directed platform, which means our team can not provide investment or trading advice about whether crypto is right for you.
Like any investment you should understand the risks before you trade, and only trade with money you are prepared to lose.
Crypto is a highly speculative and often volatile investment and trading in crypto-assets might not be right for you. And you should carefully consider whether your knowledge, experience, financial objectives and financial resources before you do. Crypto-asset trading can be extremely risky. And you should not trade with money you aren't prepared to lose (for example, retirement savings, student loans, mortgages, emergency funds, or funds set aside for other purposes).
You can find more information about the risks of different cryptocurrencies, in the asset statements we provide for all the cryptocurrencies in Wealthsimple Crypto.
Learn about Crypto Staking