What are the differences between eToro and Degiro in terms of trading cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  eToro and Degiro have some notable differences when it comes to trading cryptocurrencies. eToro is a social trading platform that allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. It offers a unique feature called CopyTrading, which allows users to automatically copy the trades of successful traders. On the other hand, Degiro is a traditional brokerage platform that also offers cryptocurrency trading. However, it has a more limited selection of cryptocurrencies compared to eToro. Additionally, eToro has a user-friendly interface and a social trading community, while Degiro focuses more on providing low-cost trading services.
  679340
• Dec 17, 2021 · 3 years ago
  When it comes to fees, eToro charges a spread fee for cryptocurrency trading, which means that the buy and sell prices are slightly higher than the market price. However, eToro does not charge any commission fees. On the other hand, Degiro charges a commission fee for cryptocurrency trading, which is based on the trading volume. It's important to consider these fees when choosing between the two platforms.
  409137
• Dec 17, 2021 · 3 years ago
  As for security, both eToro and Degiro take measures to ensure the safety of their users' funds. eToro is regulated by multiple financial authorities, including the Financial Conduct Authority (FCA) in the UK. It also offers features like two-factor authentication and cold storage for cryptocurrencies. Degiro is also regulated and uses advanced security measures, such as encryption and segregated client accounts, to protect users' assets. It's always recommended to do your own research and choose a platform that prioritizes security.
  539135