A big selection of cryptocurrencies, many analytical instruments and privacy – these are the three main pillars on which eToro was developed. So far, this recipe seems to be working as the company has managed to greatly increase the number of its clients in the past few months. But is this the right cryptocurrency trading option for you?
Top advantages of using eToro:
- Non-stop customer support;
- A great selection of tools;
- No delays or discrepancies;
- Provides a certain level of anonymity;
The company prides itself on its effective client care service. The site’s users can easily reach its support team seven days of the week 24 hours a day. That is extremely important for crypto traders. After all, the cryptocurrency market is always open since it is not governed by a regulatory body. Having access to a non-stop client support is crucial and luckily, eToro ticks that box with its global multilingual customer care solutions.
Who is it suitable for
One does not need to have years of experience in trading to get the hang of eToro. It is true that the platform is filled with countless tools but the website provides quick tips on how to use them. So, this is a broker that caters equally well to beginning and professional crypto traders.
Can it be trusted
So far, eToro has not suffered any major hacking attacks and its customers continue to enjoy high anonymity when they are trading on the cryptocurrency market. The company is also regulated which serves as a guarantee that your funds will be well-protected. Therefore, you can expect zero discrepancies from the platform.
And the verdict is…
eToro’s future in crypto trading promises to be bright, especially if the company continues to expand its range of instruments and to maintain the privacy of its customers.
Year opened: 2008
Account types: Deposits made via credit/debit card; wire transfers and e-wallets
Commission fees: No commission fee
Minimal deposit: $1000 to $10,000
Minimal withdrawal: $50
- Better anonymity than other platforms
- Wide range of tools available
- Fast transactions
- Suitable for newcomers to the world of cryptocurrency trading