eToro Is Changing Pricing Model for Crypto Trading

Social investing crypto trading platform eToro is changing the pricing model for crypto trading for its clients voiced a general dissatisfaction with its crypto prices.

By changing the pricing model, it aims to make the costs of trading cryptoassets on eToro more transparent.

Specifically, the broker will lower the cost for investors for 49 out of the 55 cryptoassets it offers. The table below created by the company indicates the change for each cryptoasset currently available on eToro.

Crypto trading has drove strong positive momentum for eToro. In the second quarter of 2021​, crypto assets drove 73% of eToro's total trading commissions.

The company recently announced its fourth quarter 2021 and full-year financial results. In Q4 2021​, it registered total commissions of $304 million, up 85% compared with Q4 2020.