Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk.
As a top-rated social trading platform, eToro’s crypto trading offerings stand out from the pack and provide traders with unique opportunities for profits, even without deep knowledge of the cryptocurrency world. eToro offers trading of bitcoin, Ripple, Ethereum, Litecoin, Dash and bitcoin cash.
In July 2017, the brokerage launched the Crypto CopyCopy portfolio which enables new crypto traders to diversify their crypto exposure under the broker’s algorithmic management. The benefits to this system are obvious: traders with little or no experience trading digital currencies can take advantage of professional Copy portfolio management, and a diversified crypto portfolio will mitigate risk. The downside, however, is that a minimum of $5000 is required to enter the eToro Crypto CopyCopy portfolio, making it an expensive investment for traders just looking to dabble in the cryptocurrency markets.
Traders looking to deposit less than $5000 can trade cryptocurrencies directly through the broker’s trading platform and can also follow other crypto traders if they desire. The eToro CopyTrader platform is extremely easy to use and is suitable for both experienced traders and those new to online trading. Most trading features are available on both mobile and web versions of the platform making it possible to trade from anywhere.
Another way that eToro helps traders get a leg up on cryptocurrency trading is to provide a daily tracker of cryptocurrencies. Unlike most brokers that focus most on Forex or general news, eToro places a definite emphasis on these popular assets, providing helpful information and unique analysis designed to help traders place more informed, profitable trades.
eToro crypto trading is an excellent option for traders looking to trade the latest digital currencies with a highly-regulated global brokerage.
Review info: eToro
Review Date: 2018-09-26
Rating : 4.5
Reviewed By : Sara Patterson (Google+)