Since the launch of Bitcoin, other cryptocurrencies were quick to emerge and Ether (currency of Ethereum) is one of them. If you want to ride the wave of trading digital currencies then eToro is a good choice as they are among the top choice of traders in the UK. With their advanced platform, you can trade Ether immediately via a CFD or contract for difference compared to a digital exchange that requires opening a digital wallet which could take a month to process.
Explore Portfolios of Successful Ethereum Traders
The Ether cryptocurrency is an ideal instrument for both day-trading and long-term investment. Using the CopyTrader, you explore the portfolio of other Ethereum traders and have the option to literally copy them if you wish to. You can even start a discussion with them and talk about their strategies making the whole trading experience more social. And with a network of over 5 million members, you will be able to find a good number of interesting traders to keep your eye on.
Diversify Your Trading Portfolio
With the Ether instrument, you can diversify your trading portfolio and take advantage of highly volatile price. You can also amplify your trading power with eToro’s leverage and manage the risks by using the integrated risk management tools. If you are new to this market then feel free to use the demo account that comes with a £100,000 virtual balance for you to use on your practice trades.
Regardless if you just want a day trade or a long-term investment, you can invest on Ethereum CFDs with eToro’s advanced social trading network. Start trading right here!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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