Crypto Buyers Face ‘Possible Limitations’ on eToro This Weekend

Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend. Israel-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today.“The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend.”As a result, the platform is warning of “possible limitations to crypto BUY orders” and that “spreads on crypto assets may also be much wider than....

Yesterday, eToro, the multi-asset platform with over 14 million registered users globally, announced that it is launching its new staking service. eToro’s staking service will initially be for Cardano (ADA) and TRON (TRX). Cardano staking is a new addition to the crypto space, and eToro is delighted to be one of the first to support this.  eToro CEO and Co-founder Yoni Assia commented, “eToro has a large and active crypto community and our goal is […]

Global investment platform eToro has launched a first-of-its-kind sponsorship deal with reigning double Formula E Champions, DS TECHEETAH. eToro will stake £1million for DS  TECHEETAH to invest in its platform and the team will keep any profits made.  DS TECHEETAH will invest the money in some of eToro’s top investors, using eToro’s innovative CopyTrader feature. The team will also invest in themes that align with the team’s values by investing in two of eToro’s thematic […]

Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand and Limited Liquidity The Israeli company’s warning follows its curb of European investors’ “ability to trade cryptocurrencies on margin” in the past week. The company had reportedly made this decision in “response to soaring risks in the market.”....

The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately now and aims to raise $800 million to $1 billion. Etoro Cuts Staff, SPAC Deal Canceled The Tel Aviv, Israel-based social trading and crypto investment platform Etoro is laying off around 6% of the firm’s staff. The company’s CEO and co-founder Yoni....