The Premier Platform for Trading Cryptocurrencies

Bitcoin experienced a dramatic rise in the course of 2017, followed by a dip in early 2018. However, it has become a popular conversation topic, and you've probably thought of trading cryptocurrencies yourself.

Many questions have arisen following Bitcoin's popularity, such as: Are cryptocurrencies the future of finance? What's the best way to trade them?

We've asked Mr. Paul Henry Familiaran, Head of South East Asia Business for the social trading platform eToro, to share his opinions on the matter.

Why are cryptocurrencies so popular among investors? What's the difference between investing in cryptocurrencies and other financial instruments?

Cryptocurrencies are based on blockchain technology, which investors believe is extremely disruptive in the financial services industry. Cryptocurrencies are being traded in more than 190 countries without central governance, and, just like the Internet did for communication, it has the potential to make the financial world a better connected place.

While crypto trading has seen a significant rise in public interest over the past 2 years, it is still in its infancy, which means it is still a highly volatile market, driven by speculation and uncertainty. The total market capitalisation of cryptocurrencies is currently at $300+ billion, which is tiny as compared to traditional markets.

What are the advantages of trading cryptos on eToro as compared to other exchanges/platforms?

Most investors experience a lot of stress when entering the new and unknown territory of trading platforms for the first time. eToro's platform resolves this problem with an easy-to-use interface which enables you to connect with other traders. The user-friendly interface allows users to access global markets for trading and investing in a simple and transparent way.

eToro also enables users to connect with a community of traders. Social trading enables clients to compare strategies, share advice, ask questions, and get feedback so that everyone can improve all together.

Lastly, the copy element. When users open our platform, they see thousands of trader profiles. Every trader's activity and history are automatically published. Users can simply choose to copy the top investors, simplifying the trading process.

How can eToro better support its clients when trading cryptos?

eToro is a global leader in the social trading and investing space. Research shows that copy trading will play a major role in the future of money management. While users can see everyone's statistics and copy them quite easily, what we learned is that a lot of users find it hard to choose which traders to follow.

This is why we launched CopyFunds investment strategies, which allow clients to spread their risk and take a back seat in the trading process. For example, instead of selecting one trader to copy, clients can access a variety of Top Trader CopyFund investment strategies, each with its own unique composition of traders and strategy. This way, investors can gain access to a managed, people-based portfolio bundled into one investment instrument.

*Highly volatile investment product. Your capital is at risk. You are not investing directly in a Fund - CopyFunds is an eToro product offering a diversified strategy. Data from eToro 4/10/2018, 2:58 PM. Past performance is not an indication of future results.

Besides cryptos, what other kind of instruments are popular among eToro traders?

Tech stocks, particularly those listed on NASDAQ, are popular. A lot of our Southeast Asian clients also trade currencies and gold. eToro's Market CopyFunds investment strategies such as BigTech, InTheGame and TheBigBanks, also gained recognition in 2017, because they give users a thematic investment option in the form of a managed portfolio strategy.

We also recently launched OutSmartNSDQ, which is the first smart-beta CopyFund investment strategy. This CopyFund investment strategy uses machine learning and the wisdom of the crowd and is designed to outperform the Nasdaq 100 Index. Since January 2018, it has outperformed the index by more than threefold as of April 16, 2018.

What is the future plan of eToro, especially in SEA?

Clients will see more of eToro in SEA this coming year. We aim to deliver fully localised services, from a localised website, trading platform, and communication channels, to having onboarding teams accept local documents. We are also adding more safe and convenient funding options unique to each SEA country we service.

We'll also be expanding our team to include more staff members who are familiar with each country's culture, investment needs, effective marketing channels and business practices.

For further information, visit https://www.etoro.com/

 

About eToro

eToro is the world’s leading social trading and investment platform. The award-winning platform connects you with a community of millions of users, with expertise in everything from investing in traditional asset classes like stocks, commodities, currencies and indices to innovative financial instruments, such as cryptocurrencies.

eToro offers clients three ways to access the markets:

You can manually invest in over 1,500 instruments across six different asset classes.

For those who lack the time or experience, you can automatically copy the trades of other traders on the platform, benefiting from their in-depth knowledge and investment expertise.

Lastly, investors can use our CopyFunds investment strategies to access unique investment portfolios. Top Trader CopyFunds investment strategies comprise the best performing and most sustainable traders on eToro. Market CopyFunds investment strategies bundle together CFD stocks, commodities or ETFs under one chosen market strategy, and Partner CopyFunds investment strategies offer portfolios from third party experts.

eToro is the next-generation hub for traders and investors of all shapes and sizes.

Educator Index

Archive

2018
June
May
April
March
February
January
2017
October
September
August
July
June
May
April
March
February
January
2016
December
November
October
September
August
July
June
May
April
March
February
January
2015
December
November
October
September
August
July
June
May
April
March
February
January
2014
December
November
October
September
August
July
June
May
April
March
February
January
2013
December
November
October
September
August
July
June
May
April