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Etoro Crypto CopyPortfolios – See eToro People, Wallet and Login

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eToro Crypto CopyPortfolios

Crypto copyportfolios is part of the eToro product category called CopyPortfolios. Copyportfolios is a passive form of trading that is very well adapted for beginners or experienced traders who are looking for a passive form of trading and interesting of different assets. CopyPortfolios are free and managed by the eToro investment committee.

Crypto copyportfolios are perfect if you are looking for passive exposure to crypto currencies. It does not need to be allocated by you and the assets are managed entirely by eToro without any fees. The cost is when changes occur in the portfolio and it costs as usual trades via a spread. We will go into more detail how they work. In this article, we will review eToro crypto copypostfolios which are 2, CryptoPortfolio and Crypto-currency. We cover the following subjects:

• About eToro
• eToro Crypto CopyPortfolios
• eToro Crypto Passive Trading
• eToro Crypto CopyPortfolio Fees
• eToro Cryptocopyportfolio minimum investment
• eToro Crypto Copyportfolio terms
• eToro Crypto Portfolios Pros and Cons
• Conclusion – eToro Crypto CopyPortfolios

About eToro

eToro is a financial broker that provides products for stocks, indices, commodities. eToro has chosen to focus on social trading, which means that traders can take part of each other’s results in different ways on the platform and form a type of community. eToro provides CFD trading as many other players but their unique products are Copy traders and Copyportfolios. Copy traders mean that you can copy individual traders. CopyPortfolios means that you copy a whole strategy often provided by eToro itself. eToro offers this service free of charge but earns money in the form of spread when the portfolio must be allocated or changed holdings. 

eToro Crypto CopyPortfolios

eToro offers 2 portfolios focusing on cryptographic currencies under the category of copyportfolios and these are cryptoportfolio and crypto-currency. 

Crypto Portfolio 

Allocation: CryptoPortfolio offers a diversified portfolio, focusing on cryptocurrencies with a market cap or over $ 1 billion (with a roundup of up to 2%) and an average daily trading volume or over $ 20 million throughout the month. The weight of each component within the CopyPortfolio is determined proportionally, according to the size of its market cap, with a minimum of 5%. The CryptoPortfolio will be rebalanced at eToro’s investment committee on the first trading day of each calendar month. Delisting a currency from the CopyPortfolio will occur should it violate one of the terms mentioned above.

Risk Score: 8 

(The risk score is based on the allocation of the portfolio and the overall volatility of the underlying markets. 1 is the lowest risk and 10 is the highest risk.)

Minimum Investment: $5.000

Crypto-Currency

 – AllocationThe crypto-currencies copyportfolio offers a one-of-a-kind opportunity for investors who desire an exposure to Bitcoin and Ethereum. The CopyPortfolio´s allocation is based on market cap and is rebalanced at the beginning of each calendar month, if deemed necessary by Etoro investment committee. The CopyPortfolio was created and managed by eToro investment committee. The CopyPortfolio was created and managed by eToro´s investment committee. As part of the CopyPortfolio´s Investment methodology, it is subject to re-balancing events. This process may require the closure some or all existing investments within the CopyPortfolios portfolio and the reinvestment of funds in new positions. Kindly note that an action is required on your behalf. This action will be performed on your portfolio. The new allocation and asset weight will be automatically adjusted in your portfolio.
 

Risk Score: 8 

Minimum Investment: $5.000

eToro Crypto Passive Trading

Both cryptoportfolio and crypto-currency can be considered among the easiest ways to get exposure to crypto currencies. They are completely passive from a trader’s perspective, but there is still some allocation that is entirely managed by the eToro investment committee. The only fee paid by the trader is spread.
 

eToro Crypto CopyPortfolios fees

Both cryptoportfolio and crypto-currency can be considered among the easiest ways to get exposure to crypto currencies. They are completely passive from a trader’s perspective, but there is still some allocation that is entirely managed by the eToro investment committee. The only fee paid by the trader is spread.

eToro Crypto CopyPortfolios minimum investment

Unfortunately, it is quite a high minimum requirement for this product category from eToro. The minimum amount to invest in copyportfolios is $ 5,000. 

eToro Crypto CopyPortfolios terms

Feed: Updates from portfolio management and comments from investors.

Stats: Most interest part, consist of all the below subheadings

-Methodology: Investment strategy

-Asset Allocation: The current allocation in percent of the portfolio

-Performance: Historic performance of the portfolio

-Average Risk Score: Historic risk score of the portfolio

-Investors: Number of investors in the portfolio

-Allocation historic exposure: Historic allocation of the portfolio

Portfolio: Allocation in the portfolio

Chart: Historic chart of the portfolio

eToro Crypto Portfolios Pros and Cons

Pros
– Easy – to invest in cryptographic currencies
– Smart – Rebalance according to market cap
– Regulated – eToro is a regulated broker at top European regulators
– Insured
– Your funds are always segregated in tier 1 EU banks and insured in accordance with European regulation
Cons
– Minimum investment is $ 5,000

Conclusion: eToro Crypto CopyPortfolios

Crypto copyportfolios is a perfect choice for you to get passive exposure to crypto currencies for a small fee. The only negative is that a large initial investment is required.

Need more info on eToro? Read our eToro Review 

The post Etoro Crypto CopyPortfolios – See eToro People, Wallet and Login appeared first on Cryptocointrade.

Source: https://www.cryptocointrade.com/crypto-trading-blog/etoro-crypto-copyportfolios/?utm_source=rss&utm_medium=rss&utm_campaign=etoro-crypto-copyportfolios

Blockchain

DeFi Player Synthetix [SNX] Announces Transition to “Optimistic Ethereum”

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DeFi platform Synthetix [SNX] announced the first phase of its transition to the second layer scalability solution of Ethereum called Optimistic Ethereum. The official release defines Optimistic Ethereum as only a “generalized” layer two solutions for Ethereum since it doesn’t require any specific functionality to be built to support existing protocols of layer one.

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Synthetix First Phase Transition to Second Layer Ethereum Scalability Solution

Synthetix has volunteered to leverage the Optimistic Ethereum testnet,  incentivize testnet usage, and breakage with 200,000 SNX in rewards to the participating users. Further, it targets those SNX stakers with smaller balances, who may have been forced out of participating in staking in recent months due to astonishingly gas prices.

The official blog post by Synthetix further stated,

“This is a huge milestone for Synthetix, Optimistic Ethereum, and indeed the entire Ethereum space. Launching SNX staking on OE is a crucial step towards full scalability for the burgeoning DeFi ecosystem, truly allowing anyone around the world access to open financial infrastructure without the friction of high gas costs.”

This initiative will essentially offer eligible SNX stakers with a snapshot of their token balance on OE’s second layer testnet. The users will be able to use to stake, mint, and burn sUSD and then claim the rewards for staking. Further explaining on its workings, the post mentioned,

“The synthetixDAO will provide 50,000 SNX per week for 4 weeks as staking rewards for participating in the Optimistic Ethereum testnet. These rewards will be claimable on L2 mainnet at launch, and are allocated as per the usual L1 staking rules — they are allocated according to each staker’s debt percentage at the weekly snapshots at the end of each fee period.”

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In the ending phase of the testnet trial, layer 2 stakers’ testnet rewards will be airdropped onto the layer 2 mainnet. Additionally, in order to be eligible for this initiative, addresses must have a balance between 1-2500 SNX tokens, including the ones escrowed, and must have staked at least once historically.

Source: Etherscan.io

This news comes as a relief for the ecosystem as the Ethereum network has suffered an unprecedented barrage of long hauls, extraordinary high fees, and congestion. To top that, the Ethereum Gas utilized chart has seen a strong surge especially around mid-June which was a direct consequence of the rising number of DeFi projects and the popularity of yield farming.

Source: bitinfocharts.com

Further adding to the woes was the surge in Ethereum transaction fees that followed. These issues plaguing the network threatened the viability of some smart contracts and DeFi applications.

This led to a few protocols shut shop. The most prominent case was UniLogin citing the “current Ethereum gas market, the rise of DeFi, and new browser standards” as the reasons for closing down.


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Author: Ketaki Dixit




Experienced writer and editor with a demonstrated history of working in the industry. Skilled in Copywriting, Web Content Writing, Copy Editing, Writing, Cryptocurrency News Writing, and News Editing.

Source: https://coingape.com/defi-synthetix-snx-transition-optimistic-ethereum/

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Blockchain

KuCoin Exchange Hacked: $150 Million In Bitcoin and Ethereum Stolen

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  • Hot wallets of the popular cryptocurrency exchange KuCoin have been compromised and drained for at least $150 million worth of digital assets.
  • The company reported the event as a “security incident” a few hours ago, reaffirming that “part of Bitcoin, ERC-20, and other tokens in KuCoin’s hot wallets were transferred out of the exchange.”
  • The monitoring resource Whale Alert has tracked most coins sent to this particular address. In the past few hours, the address has seen numerous small transactions, possibly testing. 
  • Some of the less-known altcoins transferred out of the exchange’s hot wallets include DGTX, AGI, SNX, DX, SNT, DRGN, and more. 
  • To ensure that further unauthorized withdrawals cannot happen, KuCoin has suspended all deposits and withdrawals while conducting a “thorough security review.”
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  • The Singapore-based exchange asserted it had re-deployed the hot wallets after the incident. The statement reassured that the cold wallets are safe and unharmed, and users who have lost any funds will be reimbursed “completely by KuCoin and our insurance fund.”
  • Binance CEO Changpeng Zhao, among other prominent individuals within the industry, has shown support and promised that his company will “actively” assist during the investigation.  
  • The exchange’s native cryptocurrency felt the adverse consequences immediately. KuCoin Shares (KCS) plummeted from over $1 to $0.86 in minutes. Since then, the token’s price has recovered to some extent and trades just beneath $1.
KCSUSD. Source: TradingView
KCSUSD. Source: TradingView
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Source: https://cryptopotato.com/kucoin-exchange-hacked-150-million-in-bitcoin-and-ethereum-stolen/

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Crypto Market Cap Gained $10 Billion, Bitcoin Eyes $11,000? (Saturday’s Market Watch)

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The cryptocurrency market continues to rebound and has added another $10 billion to its market cap since yesterday. Bitcoin trades around $10,700, while some leading altcoins mark serious gains.

Bitcoin Price Trades Around $10,700

Following yesterday’s increase in which Bitcoin topped at $10,800, the primary cryptocurrency retraced to its intraday bottom at about $10,550. However, the bulls intercepted the price dip and drove the asset upwards once again. Just as 2020 goes so far, this Bitcoin spike followed the 1-2% gains seen on Wall Street at the Friday trading session.

The S&P 500 (1.6%), the Dow Jones Industrial Average (1.34%), and the Nasdaq Composite (2.26%) were all deep in the green.

At the time of this writing, BTC has dipped to $10,760 after getting rejected at the first major resistance at $10,790.

As per the analysis, if BTC price breaks above, it could head towards the next resistance at $11,000, followed by $11,200, $11,360, and $11,530. Alternatively, should the asset fall, it could rely on the support levels at $10,580, $10,440, and $10,390, if necessary.

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BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Despite stocks and cryptocurrencies, gold had failed to increase: Recording an intraday high of $1,875, the precious metal dived and closed the session at $1,860.

Altcoins Gain Traction

Some alternative coins lost significant chunks of value lately, but they have been recovering in the past few days. Ethereum has continued its upward movement with another 3% increase to above $350.

Ripple has surged by 5% to $0.243. Bitcoin Cash (1%), Polkadot (3%), Binance Coin (1%), and Litecoin (3%) are also in the green from the top 10. However, Chainlink has outperformed them all by marking an 11% increase. LINK has overtaken BNB and DOT and currently occupies the 6th spot.

Cryptocurrency Market Overview. Source: coin360.com
Cryptocurrency Market Overview. Source: coin360.com

As it typically happens, the most volatile price moves come from mid and low-cap alts.

CyberVein leads with a 21% surge. Ren (20.5%), Yearn.Finance (17%), The Midas Touch Gold (14%), DFI.Money (14%), Cardano (11%), Zilliqa (11%), HedgeTrade (10.5%), and Nervos Network (10%) follow.

In total, the cryptocurrency market cap has increased by $10 billion since yesterday. On a 48-hour scale, the metric is up by 8% since its bottom at $319 billion to $344 billion.

Total Market Cap. Source; CoinMarketCap
Total Market Cap. Source; CoinMarketCap
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


Source: https://cryptopotato.com/crypto-market-cap-gained-10-billion-bitcoin-eyes-11000-saturdays-market-watch/

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