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Multi-asset brokerage eToro has issued a warning to users looking to buy bitcoin and other cryptocurrencies over the coming weekend.According to an email sent to customers and as reported by Bloomberg on Wednesday, the Israel-based company said customers could face “possible limitations” due to “challenges” in the platform’s ability to
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A Wall Street Journal report published Jan. 12 claims European eToro users were given just four hours notice that the platform's margin trading services would be halted on Friday.EToro users were informed they must increase their margin collateral to 100% in an email sent at 4:46 UTC on Jan. 8. The
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European users of eToro are claiming they were given the bum’s rush regarding leveraged crypto positions, which have been abruptly closed in the face of what the trading platform called “extreme market volatility.”Retail investors in the U.K. and U.S. are barred from buying into crypto derivatives, including financial contracts that
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The platform, which mainly caters to "social" or beginner traders, raised its required deposit level to $1,000 from $200. Source
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The U.S. division of Israeli crypto exchange eToro is suspending XRP trading for its customers effective next month.The exchange announced Thursday it would stop facilitating XRP purchases or conversions for U.S. customers effective Jan. 3, though customers can still withdraw XRP from their eToro wallets to other unaffiliated addresses. It’s
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As per reports, eToro will be working with Goldman Sachs for going public. The reported plan of IPO comes after the platform registered phenomenal growth in 2020.Israel-based crypto trading platform and multi-asset trading firm eToro is reportedly mulling for a $5 IPO in Q2 2021. Local news publication Calcalist was
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The crypto trading/investment management platform is also considering the possibility of a merger with a special purpose acquisition company. Source
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Today, multi asset investment platform eToro announces its plans to participate in the highly anticipated Spark airdrop, making
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eToro detailed that the rewards will be distributed among the users every month in supported cryptocurrencies for the previous month’s staking.Social trading and multi-asset brokerage company eToro announced new crypto services for its customers globally. According to the announcement, the company will offer staking rewards for Tron and Cardano holders
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Free of charge for eToro clients, the new staking service will initially support Cardano and TRON but will add other tokens in due course. Source
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