Social trading platform that allows you to view and copy other traders’ portfolios
Well-designed and easy-to-use interface
Good selection of coins
If you are looking for a single platform to trade stocks, commodities, forex, and cryptos, there are no better options than Etoro. Etoro is a regulated exchange and broker with more than 10 million users. Launched way back in 2007, eToro has emerged as an advocate of Bitcoin. Etoro is known among investors as “the social trading platform.”
One of the exclusive features that makes Etoro stand out from the rest of the pack is its ability to follow and copy traders. Let us look at some of the key features of Etoro.
As of April 2021, the eToro Money crypto wallet is available in: Angola, Argentina, Australia, Austria, Azerbaijan, Bahrain, Belgium, Bolivia, Brazil, Bulgaria, Cayman Islands, Chile, Colombia, Côte d’Ivoire, Croatia, Cyprus, Czechia, Denmark, Dominican Republic, Ecuador, Estonia, Finland, Georgia, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Israel, Italy, Kazakhstan, Kenya, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Morocco, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Romania, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Ukraine, United Arab Emirates, United Kingdom, United States (most states), Uruguay, and Vietnam.
“Cryptocurrency investors now have the ability to purchase and hold crypto assets directly. This is a great addition to the platform and positions them well within the space now.” Reference
“Overall, eToro is a trendy site that takes a different tack than most cryptocurrency exchanges. The fact that it’s a regulated exchange is a huge plus for security, and they haven’t experienced any major security breaches. They have a history of trading FX and that is something that many crypto-only exchanges can’t provide. ” Reference
Etoro is a fully regulated exchange, and has not reported any case of hacking or misuse of customer’s funds since its establishment of BTC trading services in 2013. In terms of compliance, Etoro is regulated by Cyprus Securities Exchange Commission CySEC in Europe, FinCen in the US, and the Financial Conduct Authority FCA in the UK. Etoro also encourages customers to access a secure 2 Factor authentication to access their accounts. Etoro stores all of its crypto assets in a highly secure offline cold storage. It uses several high-security mechanisms like multi-signature technology to secure both the wallet and its private keys. All these factors convey that Etoro is a legitimate and safe trading platform.
Etoro is a simple yet powerful trading platform that supports investors right from beginners to experts with a remarkable crypto trading experience. With award-winning social-trading features that allow you to connect with top-performing crypto traders, Etoro is undoubtedly one of the best crypto platforms.
Yes, Etoro’s Android app can be installed on a mobile phone from the Google Play store. The user-friendly app provides 24/7 access to the cryptocurrency market and offers easy buy and sell options.
Etoro allows withdrawing money through credit/debit cards, wire transfers, e-wallets, and cryptocurrency transfers from Etoro wallet to any external wallet. The withdrawal process takes approximately 24 hours.
Etoro is a multi-asset platform that primarily focuses on stocks, crypto assets, and CFD assets. Etoro's stand-out feature is the social trading platform that allows users to copy the portfolio of an expert trader who also trades on Etoro.
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