To be able to trade cryptocurrencies, one has to find a cryptocurrency exchange where to do so . However, that does not mean that it is simple. There are many crypto exchanges on the market, so you have to find the one that suits you best.
Among Norwegians, we see a clear tendency for many to decide to use the services of eToro. eToro is a crypto exchange, which has become one of the most popular trading platforms in the crypto industry. In this article we will get a little better acquainted with eToro.
What is eToro?
As mentioned in the introduction, eToro is a crypto exchange. It is a platform that enables individuals (and companies) to buy and sell cryptocurrencies.
eToro is a worldwide company, which means that the company has offices around the world , for example in countries such as the USA, Australia and the United Kingdom. This is a crypto exchange that can be used by people all over the world!
Not only that, but eToro also makes it very easy to buy and sell cryptocurrencies. The platform contains a lot of good information on how to proceed, which makes this platform absolutely perfect for those who are new to the game.
With that said, the good information is not to the detriment of those who have long experience with crypto from before. If anything, it is nothing but a great advantage, because a little repetition has never hurt anyone. There are simply only positive things to say about it!
- Copy experts
- Low fees, secure and popular crypto exchange.
- Offers social trading - follow the trades to your favorites.
- You can open an account and make your first trade in minutes.
Trading cryptocurrency involves a high risk and you can lose all your money. Be aware of current regulations and risks before you trade.
This is what eToro offers
It is not uncommon for eToro to be referred to as a “crypto exchange”, but it is important to emphasize that eToro is so much more than that. As mentioned in the introduction, eToro is a trading platform.
This simply means that eToro can be used for much more than just buying and selling cryptocurrencies. In addition to this, you can also use the trading platform for stocks, ETFs, indices, commodities ( gold is a commodity for example ) and currencies.
So there is no danger that you will start to get bored when you use eToro. They make everything possible for you to do a lot of exciting things – either individually or at the same time! Here it is you who decides what will happen.
At eToro you can do both manual investment and social investment!
Is eToro safe?
If you are a little skeptical of eToro because you have heard something that was not good, then we can assure you that eToro is completely safe. And how do we know that?
- eToro collaborates with leading banks where customers’ funds are invested.
- Customers’ personal information is encrypted using SSL encryption.
- eToro is also operated in accordance with FCA, CySEC and ASIC
Therefore, we can safely state the following: eToro is a trading platform that is completely safe to use – both for cryptocurrency and other things such as stocks!