Can I lose all my money if a cryptocurrency fluctuates? (Bitcoin, Bitcoin Cash, etc.)

Like the American dollar or Mexican peso, the value of a cryptocurrency can change after exchanging the funds. However, value fluctuation is generally minimal, if any, and can be mitigated by exchanging your cryptocurrency right away.

• Deposits: Any cryptocurrency you send to Bovada immediately becomes U.S. currency.
• Withdrawals: If you transfer the funds to an Exchange or a Bitpay Visa card (which immediately becomes U.S. funds when applied) any increase or decrease in the currency will be minimal.

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• What’s the benefit of using cryptocurrencies with Bovada?
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• How do I deposit with a cryptocurrency?