*61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
In its ongoing effort to increase public awareness of crypto assets, the leading global investment broker eToro have cut the spread on all cryptocurrencies including Bitcoin in half.
This announcement is with immediate effect and will help investors to cut costs and make it more readily accessible with clients being able to keep more of their gains.
Co-founder and CEO of eToro, Yoni Assia said that by cutting costs so that clients keep more gains and by making it easily accessible for investors to buy, hold or sell crypto is their mission.
He believes that by raising the awareness that both crypto and blockchain technology offers together with the potential that it can play in a major role of a diversified long-term portfolio for many investors.
As part of raising public awareness they will be speaking at events, producing educational material and sponsorship. Including the sponsorship of seven Premier League football clubs that include Eintracht Frankfurt in Germany which was paid for with Bitcoin. They also partnered with Gaelle Monfils, French tennis player and a user at eToro.
He said that even though headline news announcing the end of cryptocurrencies continues, the reality is that there is still a continuing demand and interest.
He acknowledged that because of the volatility associated with crypto, saying that it is not for everyone Crypto caught the attention of the masses in a huge price rally in 2017 and since then prices have stabilized, giving it a chance to catch its breath. Since then regulators and traditional finance services have been educated on the opportunity of what crypto and blockchain can offer.
He believes that this is just a first step for crypto and all assets will be tokenized in the future. By introducing appropriate regulation for crypto, it will accelerate mass adoption, which eToro welcomes.
The best part?
eToro is regulated, and offers 12 crypto assets on their multi asset investment platform which includes: Bitcoin, Ethereum, Bitcoin Cash, XRP, Ethereum Litecoin, Ethereum Classic, Litecoin, Dash, Stellar, NEO, EOS, Cardano and IOTA) including crypto/crypto pairs and crypto/fiat pairs.
Bottom Line?
eToro CFDs and Forex broker has the world’s leading social trading platform with millions of users and is the recipient of awards. They offer great perks that comes with a free demo account, educational tools that will educate you on CFDs and the benefits, use of financial tools, graphs and lots more.
If you are serious about investing, eToro has the tools to make it happen, revolutionizing the way you trade.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
