eToro Nudges Investors Towards Crypto Trading as They Consider Portfolio Dive...
Cryptocurrencies have been consistently outperforming themselves in recent days, turning into one of the hottest asset classes out there in the global financial market. Their performance has ensured complete attention from traders and investors who are now actively looking for ways to further diversify their portfolios with cryptocurrencies. The trend is quite evident by the […]
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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....
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....
Growing confidence in new metaverse markets appears to be solidifying new investment opportunities across the industry. Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure. Currently included in the portfolio are Meta Platforms, the new parent company behind Facebook, Roblox and other blockchain-based metaverse developments like Decentraland, The Sandbox and Enjin. There are also a....
Etoro, an Israel-based trading platform, has taken action on its platform regarding the trading of cardano and tron. Now, U.S.-based customers will have limited functionality with these cryptocurrencies on the Etoro platform starting in December. Etoro explained in a post that these new measures were a consequence of “business-related considerations in the evolving regulatory environment.”
Etoro Limits Cardano and Tron Trading for US-Based Customers
Etoro, one of the most important Israel-based trading companies, has limited tron and cardano trading for users based....
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....