EToro traditionally has been a forex broker. However, in the last few years, eToro has expanded its services for cryptocurrency trading as well. The eToro brokerage house has gained a lot of traction in the cryptocurrency niche as well. That is why eToro is consistently looking to expand. In order to expand, it will now be opening our office in London for its cryptocurrency trading desk.
With the help of this cryptocurrency desk, the investors will be able to trade in a more transparent manner. This will automatically help the investors to trade in real time basis and also the fees will be on the lesser side. Also, the price movements will mimic those of the international markets as well. This will ensure that there is greater transparency with the help of this trading desk.
Should you buy the dips in cryptocurrencies?
According to CEO, Yoni Assia, this trading desk will not only serve the retail customers but it will also serve the institutional customers. As a result, the range of services which will be provided with the help of this trading desk will be much higher. Moreover, more and more investors will be able to trade in a transparent manner. This will ensure that it becomes easier for the investors to trade in bigger amounts as well. Moreover, since the quality of trading in software will be equal to the enterprise-grade software, you can trade with complete transparency quite easily.
Assia stated, the demand for cryptocurrency trading and investing is increasing significantly. More and more people who want to invest in cryptocurrencies. This is one of the main reasons why people are even buying cryptocurrencies in this dip. This clearly indicates that investors are not scared by the current.
Furthermore, the dips are also a good time to invest in cryptocurrencies. Since you will be able to get cryptocurrencies at a more affordable cost, the dips are a good place to buy.
Thus, the next time around you’re looking to invest or trade in cryptocurrencies, do give eToro a try. With the help of the London desk, you will be able to trade more efficiently and also you will be able to trade in a transparent manner. This is actually one of the best ways to trade. EToro also provides you with the option of social trading. You can just copy the trades of the most successful traders and you will be able to get the same results. That is why this is actually a good proposition for most of the cryptocurrency traders.
Join the newsletter to receive the latest updates in your inbox.