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The silver dollar is a peaceful schooling species that spends most of its time in the mid- to upper-level of the water. Its average lifespan is than ten years but can live longer in captivity. A chin-layer[clarification needed], the adult fish will spawn around 2,000 eggs. This breeding occurs in soft, warm water in low light.
Silver dollars natively live in a tropical climate in the sides of weedy rivers. They prefer water with a pH of 5?7, a water hardness of up to 15 dGH, and an ideal temperature range of 24?28 ?C (75?82 ?F). Their diet is almost exclusively vegetarian and in captivity they will often eat all the plants in a tank. They will also eat worms and small insects.