CandleFocus eToro Launches Spot Crypto Trading in Germany: Partners with Local Firms
2024-09-24
Author: Content Editor
eToro, an Israeli broker, has expanded its cryptocurrency services in Germany, introducing spot trading for its German customers. Previously, only cryptocurrency contracts for differences (CFDs) were available. eToro has partnered with DLT Finance for trading services and Tangany for custody services, both of which are regulated by the German Federal Financial Supervisory Authority. The broker will charge a 1 percent fee for buying and selling cryptocurrencies, with the possibility of fees changing in the future. This expansion follows eToro's settlement with the Securities and Exchange Commission and its decision to scale down its crypto offerings in the US.
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