In the early days of cryptocurrencies, many experts viewed Bitcoin and Ethereum as passing fads. But today, it's pretty clear that cryptocurrencies are here to stay. And despite recent pullbacks, cryptocurrencies have still proven to be an unenviable investment over the long haul. So if you're looking to invest, the crypto trading platform eToro can provide you with all the innovative tools you'll need to build a diversified crypto portfolio and start trading like a pro.
A lot has changed since Bitcoin first came on the scene. After selling almost $1 billion in Bitcoin futures in November 2020, the Chicago Mercantile Exchange started trading Ethereum futures in early 2021, which has dramatically increased trade volume. Companies like Mastercard, and Visa have announced they will soon accept payments in crypto, while investment giants like Goldman Sachs and Morgan Stanely now help their wealthiest clients invest in digital assets.
Given these developments, it’s no wonder many experts are bullish on the future of crypto. Legendary investor Mark Mobius, the cofounder of Mobius Capital Partners who once highly skeptical,” now believes crypto will be “alive and well” in the future. Billionaire investor and entrepreneur Mark Cuban recently proclaimed cryptocurrencies “the future,” and has started accepting them as payment for NBA franchise.
However, investing in crypto can be pretty complicated and intimidating for first-time users. And a lot of trading platforms only cater to experts. But eToro is not like other crypto trading platforms.
When you sign up with eToro, you can trade 17 of the most popular coins, including bitcoin, ethereum, and litecoin. And their fees are some of the most competitive in the industry, with no hidden charges or surprises. However, what really sets eToro apart are the tools they provide to help you create your portfolio.
eToro investors are able to connect and interact like they would on a social media platform, pooling knowledge and sharing tips and strategies. The intuitive eToro app features a newsfeed so users can follow market trends in real time and receive customizable alerts about new developments on your “watch list.” It also allows you to view millions of other traders’ portfolios, stats, and risk scores. EToro also offers a “virtual portfolio” feature to help you practice and hone your strategies before you invest.
Another unique feature is eToro's CopyTrader, which lets you browse the profiles of eToro’s top-performing traders and automatically copy all of their trades with a single click. This amazing feature comes at no extra charge, and all you have to do is choose the amount of money you want to dedicate to automatically copying other traders. Choose one trader to copy, or choose 100, and stop or change course at any time.
When you trade with eToro, you trade with total confidence thanks to its industry-leading security protocols. And all funds held at eToro USA are FDIC insured.
So if you think now is the right time to add cryptocurrencies to your portfolio, click here to sign up for eToro, today.
Note From eToro: 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 utilising publicly available non-entity specific information about eToro. Your capital is at risk.
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