eToro Adds Insolvency Insurance Policy – Crypto Users Not Included
The free insurance scheme covers customers for up to £1 million if the firm should ever become insolvent. But crypto holders are left out in the cold.
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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....
First two in a series of tokens to be added this year on eToro UNI is eToro’s first token in decentralized finance trading infrastructure eToro, the world’s leading social investment network, today announces it has added Chainlink (LINK) and Uniswap (UNI) to its crypto offering, bringing the total number of tokens that people can invest […]
The new policy means user funds are protected both on- and offline.
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....
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....