Reported By: Bitcoinist.com
Some say that imitation is the greatest form of flattery. It’s also a great way to get in on crypto-trading with little experience, by letting the experts do all the work.
With eToro’s CopyTrader feature, users can do just that — copy top traders on the crypto market, down to their every current and future move. Thanks to eToro’s growing list of “Popular Investors,” there are several options for users to compare when deciding who they want to replicate and for how many funds.
To use CopyTrader, all you need to do is click the tab on the main menu to view eToro’s top-performing and most copied traders. You must allocate a minimum of $200 per trader and can copy as many as 100 traders at a time.
CopyTrader has plenty of great features baked in, including the Stop-Loss feature that allows you to set a value that, if reached, will automatically stop copying the trader. Users can also decide whether they want to copy all existing and future trades (under the default setting as “copy open trades”) or just future trades going forward.
For those interested in crypto-trading, who want to build their portfolio while leveraging the skills of the industry’s top minds, CopyTrader may be for you. To find out more, watch the video below.
About eToro group
eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro platform enables people to invest in the assets they want, from stocks and commodities to crypto assets. We are a global community of more than 14 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real-time, and transact whenever they want.
As technology has evolved, so has our business. In 2018 we launched our professional crypto exchange eToroX, together with the eToro Wallet. Together with the investment platform, eToro provides a holistic service for buying, selling, and holding crypto assets. We believe that leveraging blockchain technology will enable us to become the first truly global service provider allowing everyone to trade, invest, and save.
eToro is regulated in Europe by the Cyprus Securities and Exchange Commission, regulated by the Financial Conduct Authority in the UK, and by the Australian Securities and Investments Commission in Australia.
eToroX is incorporated in Gibraltar with company number 116348 and its registered office is at 57/63 Line Wall Road, Gibraltar. Its distributed ledger technology (DLT) provider license was granted by the Gibraltar Financial Services Commission in December 2018 (license number FSC1333B).