eToro Launches Bitcoin Trading For 3 Million Users
Asset-trading platform eToro today launched bitcoin trading for its three million registered users. With the launch, the platform hopes to target investors who are new to the cryptocurrency. Communications manager Nadav Avidan said: "If you want to invest in bitcoin and you're not a computer geek, you don't really know where to start. We're providing a simple way for people to get involved." According to Navidan, almost 5% of eToro's active user base (about 200,000 users) have open bitcoin positions at the moment. Users from South America, the UK and Germany are currently the top bitcoin....
Related News
eToro, the social trading and assets brokerage firm which offers complicated and highly risky CFDs that do not hold the underlying assets, has added Ethereum to its trading platform. Yoni Assia, co-founder and CEO of eToro, told Finance Magnates: “We are very proud to add Ethereum to our platform, as a regulated financial institution we have to make sure there is sufficient liquidity and pricing for every asset we add to the platform, and today with a market cap of over 1B USD we see more and more interest from our traders worldwide to trade and invest in Ethereum.” Six million users trade....
Social investment network eToro announced today that bitcoin has been added as an investment option on the service's OpenBook platform, allowing their 3 million users to easily throw in a small investment. This three-click process is designed to be as simple as possible, and it's classified bitcoin as a stock in hopes of getting more investors attracted to it. eToro allows the investor to select an amount, or enter their own. eToro is currently quoting Mt. Gox pricing, and takes 1 percent of the transaction value for themselves. The company notes that trades are executed 4 times daily....
Yesterday, eToro, the multi-asset platform with over 14 million registered users globally, announced that it is launching its new staking service. eToro’s staking service will initially be for Cardano (ADA) and TRON (TRX). Cardano staking is a new addition to the crypto space, and eToro is delighted to be one of the first to support this. eToro CEO and Co-founder Yoni Assia commented, “eToro has a large and active crypto community and our goal is […]
Users automatically receive rewards on some of their crypto positions. The eToro trading platform announced on Thursday the launch of a dedicated staking service for its clients, letting users earn staking rewards from Cardano (ADA) and Tron (TRX).Users who hold positions in either of these currencies will be eligible for staking rewards, awarded monthly. The company said that other assets will be introduced later on as well.The system is completely automated and does not require any action from the part of the users, who are able to trade the assets normally.An eToro spokesperson told....
eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange's "Elite" program to prepare for an initial public offering."EToro does not comment on market rumours," an eToro representative told Cointelegraph.However, employees at eToro have shared an article from Israel-based media outlet Calcalist announcing the IPO on LinkedIn, apparently with the blessing of CEO Yoni Assia.EToro "is targeting an....