Following a surge in crypto income for Q2, popular social trading platform eToro has launched an additional 29 cryptocurrencies on its Australian trading platform.
Cryptos now available to trade on eToro include: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XML, EOS, NEO, TRX, ZEC, BNB, XTZ, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, ALGO, MANA, ENJ, BAT, MATIC, FLR and SHIB.
Now You Can Buy the Asset, Not the CFD
Users can now purchase the underlying crypto assets when buying on eToro, rather than trading a derivative (CFD). This is particularly important as regulators are putting pressure on leveraged products on crypto exchanges worldwide.
One of the unique features of eToro is the ability to openly share your trades and follow other traders and engage with them socially.
It’s also worth noting that cryptos bought will be held in a segregated custody account and currently you will be unable to transfer your cryptos out of your eToro account. We’ll keep you updated on any developments.
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