After a flash crash, last Tuesday as El Salvador officially made Bitcoin legal tender, the leading cryptoasset has steadied around...
Boasting a community of over ten million people, eToro is one of the leading global trading and investment platforms – and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in 2007, it is in the crypto space that it is particularly popular. The innovative platform began offering Bitcoin in 2014, and at the time of writing – 2019 – eToro has 15 cryptos available to buy outright. These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; EOS; Cardano; IOTA; Zcash; TRON and Tezos. The motto at eToro is “Cryptos Needn’t Be Cryptic” and the team is always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools – CopyTrader and CopyPortfolio – that are game-changers for crypto investors of all levels. The first, CopyTrader, allows users to copy top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders’ strategies, eToro traders can build up their trading experience and confidence. The second, CopyPortfolio allows users to diversify their portfolio immediately – the CopyPortfolio is powered by artificial intelligence and regularly rebalanced. To discover more visit eToro today.
- Straightforward, user-friendly, trustworthy and experienced platform
- Instant execution of trades, thereby locking in a price
- Ability to use CopyTrader and other innovative tools
- Huge cryptocurrency community that shares knowledge and helps each other
- Users can withdraw cryptocurrencies to their wallet
- Fast execution
- Regulated company
- Only 15 cryptocurrencies offered by the platform, currently
- Users’ cryptocurrencies are held by eToro
Buying cryptocurrencies is not appropriate for everybody. Cryptocurrencies are not regulated. They are not backed by governments or central banks. Cryptocurrencies are backed by technology and trust. You will not benefit from the protections available to clients receiving regulated investment services, such as access to the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service (FOS) for dispute resolution. You are at risk of losing all of your invested capital. eToro crypto tax calculator