eToro is a market-leading social trading network, allowing traders to copy the trades of experienced investors, or receive exclusive perks for sharing their own trading strategies.
- Established platform
- Regulated in numerous jurisdictions
- Unique social trading capabilities that allow users to match moves of popular traders
- Stock, ETF, and cryptocurrency trading only available in 44 U.S. states
- Margin trading not available to U.S. users
eToro is more than just a cryptocurrency exchange platform. As one of the world’s largest trading markets for exchange-traded funds (ETFs), stocks, fiat currencies, indices, and commodities, it’s a one-stop shop for traders of all persuasions; crypto is simply one of the more popular options at the moment.
For a platform that wasn’t primarily designed for crypto trading, eToro’s crypto brokerage has a pretty good asset list. While it’s not as extensive as what you’d find on Coinbase, there are still 57 different cryptocurrencies available here, including Bitcoin, Bitcoin Cash, Ether, Dash, Ripple, Zcash, and many more. Credit card deposits can only be made in USD, GBP, EUR, and AUD.
Deposit and Withdrawal Methods
All standard payment methods, such as credit and debit cards, bank transfers, and e-wallets, are supported.
eToro has a universal 1% trading fee for crypto, but it also charges transfer fees.
eToro employs security measures that are on par with what you’d expect from one of the world’s leading crypto exchange marketplaces. In addition to industrial-grade encryption, it also features toggleable two-factor authentication and biometric unlocking measures for its mobile/wallet apps.
You also need some official ID such as a valid passport or driver’s license to verify your account.
Customer support is offered through a system of email tickets, and a detailed Help Center, which contains lots of excellent articles. For the best possible experience, you’ll want to join eToro as a member, as you can then get phone and live chat support.