Frequently Asked Questions
How risky is investing?
All types of investing have the ability to lose some or all their value, and this is no exception.
However, we significantly reduce the risk by giving you many options to get alerts or automatically sell if a price goes below a certain amount. This limits the risk while still enabling you to prosper.
How quickly can I sell?
You can sell seconds after buying in most cases.
However, for ICOs you will typically buy tokens at a discount during a pre-sale, where they typically will be able to be sold after the pre-sale discount period is over.
What will I be buying and selling?
You will be buying either cryptocurrencies (like Bitcoin) or a token (sometimes called a coin or crypto asset).
Each token has its own unique use or value. For example, there are tokens that represent a certain amount of gold, computing power, electricity, or hard drive space. Both cryptocurrencies and tokens are easily sold.
What do I get as a client?
In short, everything you need in one place to profit from cryptocurrencies and tokens.
To start, this includes a platform that allows you to create and manage accounts for cryptocurrencies and tokens, analysis and recommendations on assets, ways of earning Bitcoin, price alerts, guides, and options for automatically or on demand converting dollars (or other currencies) back and forth to cryptocurrencies.
Who can invest?
Anyone over the age of 18 can join the Shift Ocean platform and begin investing in cryptocurrencies and tokens.
While the nature of the distributed economy means that anyone with an internet connection can participate, you should be aware of the laws in your country.
Do actual investment transactions happen on Shift Ocean?
No, they do not.
The Shift Ocean platform gives you everything you need to invest in cryptocurrencies and tokens, but Shift Ocean does not sell the cryptocurrencies or tokens themselves. We provide analysis and recommendations on them, and make it dead simple to buy them from the best source possible for each one.
What are the tax implications of investing in cryptocurrencies and tokens?
Even though it is possible to own cryptocurrencies and tokens completely anonymously, we cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.
Does Shift Ocean provide financial advice?
No, we do not give investment advice, endorsement, analysis or recommendations with respect to any US financial securities.
We provide analysis on cryptocurrencies and tokens, which are not US financial securities.