Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ...
Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand and Limited Liquidity The Israeli company’s warning follows its curb of European investors’ “ability to trade cryptocurrencies on margin” in the past week. The company had reportedly made this decision in “response to soaring risks in the market.”....
Related News
Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend. Israel-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today.“The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend.”As a result, the platform is warning of “possible limitations to crypto BUY orders” and that “spreads on crypto assets may also be much wider than....
Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.
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....
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 […]
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....