Boasting a community of over eight million people, eToro is one of the leading global trading and investment platform – and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in 2007, it is in the crypto space that it is particularly popular. The innovative platform began offering Bitcoin in 2014, and at the time of writing – mid 2018 – eToro has 10 cryptos available to buy outright. These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; and EOS.

The motto at eToro is “Cryptos Needn’t Be Cryptic” and the team are always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools – CopyTrader and CopyFund – that are game-changers for crypto investors of all levels. The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders’ strategies, eToro clients can build up their trading experience and confidence. The second allows users to diversify their portfolio immediately – the Crypto CopyFund is powered by artificial intelligence and regularly rebalanced.

PROS
  • Straightforward, user-friendly, trustworthy and experienced platform
  • Instant execution of trades, thereby locking in a price
  • Ability to use CopyTrader and other innovative tools
  • Huge cryptocurrency community that shares knowledge and helps each other
  • Fast execution
  • Regulated company
CONS
  • Only 10 cryptocurrencies offered by the platform, currently
  • Users are unable to withdraw the cryptocurrencies directly
  • Users’ cryptocurrencies are held by eToro

Buying cryptocurrencies is not appropriate for everybody. Cryptocurrencies are not regulated. They are not backed by governments or central banks. Cryptocurrencies are backed by technology and trust. You will not benefit from the protections available to clients receiving regulated investment services, such as access to the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service (FOS) for dispute resolution. You are at risk of losing all of your invested capital.

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Institutional Traders Haven’t Rescued Crypto Yet

Throughout 2018’s price slump, investors in digital assets hoped for an influx of institutional investors to rescue crypto prices. Retail investors pinning their hopes on large...

Erich Grant | Oct 05, 2018 | 05:00
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Nasdaq Increases Exchange Customers and Looks to Police Crypto

Nasdaq Inc’s SMARTS trade surveillance technology is now employed by five cryptocurrency exchanges, according to reports. Last week it held a closed-door meeting to help improve the...

Melanie Kramer | Jul 30, 2018 | 01:00
Litecoin Founder Lee: I Sold 100% Of My Litecoin Holdings
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Why Invest in Litecoin?

Litecoin, which began trading as a cryptocurrency in April 2013, has long been in the top-10 cryptos in terms of market capitalization – mostly because it is one of the earliest and...

Bitcoinist | May 22, 2018 | 18:00
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Billionaire Bitcoin Bull Partners with Bloomberg to Launch...

Bitcoin proponent and former Goldman Sachs trader Mike Novogratz has inked a partnership deal with Bloomberg to launch a cryptocurrency index platform. Novogratz’s Galaxy Digital...

Osato Avan-Nomayo | May 10, 2018 | 12:30
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3 Things that Drive Crypto Traders Crazy

The world of crypto trading is extremely exciting and those who are able to do it well are seeing far greater returns than any stock market day trader has been able to accomplish in...

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What Is EOS? Here’s What You Should Know Before Investing

The cryptocurrency and blockchain revolution are no longer just buzzwords. They are real-world phenomena that have impacted the global economy and have the potential to generate great...

Bitcoinist | May 09, 2018 | 02:04
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The Complete Cryptocurrency and Blockchain Technology Glossary

The blockchain revolution has introduced many new practices into today’s world, most notably, cryptocurrencies. As with most new technologies, the blockchain and crypto terminology...

Bitcoinist | May 08, 2018 | 13:00
NEO (NEO)
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Why Invest in NEO?

NEO is the first Chinese cryptocurrency to gain global acceptance, and as a result, has generated huge amounts of interest – both in terms of investment and media coverage. Created...

Bitcoinist | Apr 30, 2018 | 23:00

Daily Market Updates by Mati Greenspan
eToro’s Senior Market Analyst

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Institutional Investors Bullish About Cryptocurrency Prospects During...

A recent survey by Fundstrat Global Advisors has revealed bullish sentiments among institutional investors in regards to the prospects of cryptocurrency performance during an economic...

Osato Avan-Nomayo | Oct 05, 2018 | 19:00
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Bitcoin Price Refusing to Stay Under $8K a ‘Sign of Positive...

BTC price has once quickly recovered above $8,000, which Fundstraat Chief Analyst, Tom Lee, believes is a sign of “positive change” in the crypto market. Bitcoin Knocked Down, But...

Allen Scott | Jul 31, 2018 | 06:00
The Power of Dissent

The Power of Dissent

There’s a lot of FUD and confusion out there in crypto markets right now so I’d like to clarify. Today’s headline is as follows… As we stated in...

Mati Greenspan | Jul 27, 2018 | 22:00
Face Slap

Face Slap

Bitcoin has now held above the critical level of $8,000 for more than 40 hours, a clear testament that this recent rally could actually be sustainable and by now all eyes are on...

Mati Greenspan | Jul 26, 2018 | 22:00

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