Crypto.com vs eToro

Crypto.com vs eToro

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September 23, 2022
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**Below content does not apply to US users. eToro USA LCC does not offer CFDs, only real Crypto assets available.

Quick-Take:  We recommend using eToro over Crypto.com. It is the superior exchange, on the basis that they offer a wider variety of assets and features.

They also offer lowers trading fees and have much narrower spreads than Crypto.com to trade digital assets.

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eToro and Crypto.com

eToro and Crypto.com are two of the most popular trading platforms in Australia. eToro is an award-winning multi-asset brokerage that lets you trade Crypto, Stocks, ETFs, Commodities and more. Crypto.com on the other-hand is a specialist cryptocurrency exchange that provides customers with access to DeFi, NFTs andmore.

Note that eToro USA LLC does not offer CFDs, only real crypto assets.

Crypto.com Vs eToro eToro Vs Crypto.com
Image Image
Year Founded 2016 2007
Deposit Methods Bank Transfer, Credit/Debit Card & BPAY PayPal, Credit/Debit Card & Bank Transfer
Trading Fees/Spreads 0.6% 1%
Supported Devices Web, iOS, Android Web, iOS, Android
Crypto Wallets Image Image
Spreads 2 - 5% average spread 1.6% average spread
Cryptocurrencies 554 50
Conclusion Best for CRO investors Best for experienced traders

Trading Fees

eToro charges a 1% spread on cryptocurrency trades made on their platform. Crypto.com on the other hand charges a 0.6% fee per trade, with a 0.5% spread on top on their tokens.

This makes eToro the cheaper exchange when you consider both factors.

eToro vs Crypto.com: Supported Assets

eToro provides access to their users for over 16 Global Markets (US, European, Australian, and more), 50 cryptocurrencies, commodities, ETFs and much more. Their platform is by far the largest and most diverse multi-asset brokerage in the entire world.

Crypto.com has one of the largest selection of cryptocurrencies among any centralised cryptocurrency exchange. They offer their users over 550 cryptocurrencies to buy, sell and trade.

eToro vs Crypto.com: Security and Licensing

100% of users assets are held offline in cold storage on Crypto.com and they have secured a total of 750M USD in insurance against physical damage or destruction, and third-party theft.

Both eToro and Crypto.com have the proper licensing in the United States and are regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities Exchange Commission (SEC).

Is eToro better than Crypto.com?

We recommend using eToro as they have a wider and more diverse range of assets to invest in and charge considerably lower fees (smaller spreads) in comparison to Crypto.com. Crypto.com is best suited for traders who wish to invest in their native token, CRO.

For more information about their platform, read our eToro Review.

Andrew Chen

Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.

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