eToro Relaunches Crypto Trading Service in the Netherlands

eToro, an Israeli social trading and multi-asset brokerage company, has relaunched cryptocurrency services in the Netherlands, enabling Netherlands-based traders to invest in real crypto.

The online broker currently offers users in Netherlands access to 23 cryptos for its clients.

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Notably, there is no ability to transfer crypto from the platform to the eToro Money Wallet. This is because eToro’s on-chain crypto wallet is provided by eToroX and is not available to Dutch users.

In addition, crypto positions can only be opened as the underlying asset and there is no option to open SELL (short) positions on crypto.

Crypto trading is currently not available via Copy Trading. However, this feature will also be enabled soon.

New users from the Netherlands, Austria, Germany, or Norway, would like to learn that eToro’s first-time deposit amount has been lowered to $50.

Recently, eToro announced the addition of 90 new assets to trade​, bringing the total number of assets available on the platform to more than 3,000.