Boasting a community of over eight million people, eToro is one of the leading global trading and investment platform and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in 2007, it is in the crypto space that it is particularly popular. The innovative platform began offering Bitcoin in 2014, and at the time of writing mid 2018 eToro has 10 cryptos available to buy outright. These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; and EOS. The motto at eToro is Cryptos Neednt Be Cryptic and the team are always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools CopyTrader and CopyFund that are game-changers for crypto investors of all levels. The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders strategies, eToro clients can build up their trading experience and confidence. The second allows users to diversify their portfolio

Boasting a community of over eight million people, eToro is one of the leading global trading and investment platform and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in 2007, it is in the crypto space that it is particularly popular. The innovative platform began offering Bitcoin in 2014, and at the time of writing mid 2018 eToro has 10 cryptos available to buy outright. These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; and EOS. The motto at eToro is Cryptos Neednt Be Cryptic and the team are always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools CopyTrader and CopyFund that are game-changers for crypto investors of all levels. The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders strategies, eToro clients can build up their trading experience and confidence. The second allows users to diversify their portfolio

Reading:Huobi To Start Tether Trading For Important Turkey Lira By End Of…

Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper in an interview with The Bitcoin of Crypto Street. BTC frees people and is a cheaper and frictionless way to send funds globally.

Draperpreviewed various forms of currencies in the history of the world, ranging from shells to gold. In the 21st century, currencies are based on faith in the government, he said. But BTC appeared as a currency that was not backed by any government and held the possibility for global payments.

All of a sudden, we have a currency that is not tied to a government and not tied to a geographic territory, said Draper.

BTC also serves as a store of value, while being cheaper in comparison to bank or credit card transactions, added Draper.

That frees us, because governments have always used that currency to control us, he added.

The Bitcoin network still carries up to 800,000 transactions per day, including the transfers of change. This is much lower in comparison to the VISA or MasterCard networks, despite the claims of Draper that BTC may be faster. But the Bitcoin infrastructure has also allowed the sending of stupendous sums with very low fees and no geographic limitations.

BTC is not entirely free for everyone in reality, and governments are trying to censor its usage, with bans in several countries. However, the network of nodes is capable of resisting censorship, with new nodes possibly showing up where others disappear.

The usage of BTC is only limited when using exchanges and moving to and from fiat. But regulators may also ask for information on ownership, as the latestIRS guidelinessuggest. BTC is also not completely anonymous, with the possibility of flagging addresses and tracking funds. For Draper, however, this transparency may be a preferable feature with a perfect record of where the funds went.

Draper was also convinced that because the new technology is in place, governments will have to adapt to the adoption of BTC. Whats encouraging is that BTC has survived for more than a decade, and keeps going despite hawkish comments and heightened exchange regulations.

What do you think about Tim Drapers views on Bitcoin? Share your thoughts in the comments section below!

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

For updates and exclusive offers enter your email below.

I consent to my submitted data being collected and stored

Bitcoin and cryptocurrencies, in general, continue to thrive in South Africa even as such interest comes with a multitude of scams and fraudulent investment schemes. The country even…

Bitcoin (BTC) is headed to its 11th anniversary, inviting comparison to the life cycle of fiat currencies. Commenters pointed out that fiat currencies are actually prone to crises, and…

In a recent debate with Roger Ver hosted at the CC Forum event in London, Dr. Nouriel Roubini shook his fist at crypto assets once again, making a series of accusations on any and all…

Follow Bitcoinist on social media to keep up-to-date with the latest news!

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.