Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on [email protected] for help. Thanks :)
Private profiles - please note that profiles marked as private will soon be public. This will facilitate moderation so mods can view users' warning histories. All of your posts across the site will appear on your profile page (including PI, RI). Groups posts will remain private except to users who have access to the same Groups as you. Thread here
Some important site news, please read here. Thanks!

Coinbase to etoro

  • 11-04-2021 10:02pm
    #1
    Registered Users Posts: 2,534 ✭✭✭ siochain


    Hi folks.

    2 weeks ago cashed out of coinbase and restarted in etoro. Bought in a the minimum level for one copy portfolio and spread the rest over a range of crypto. With the copy portfolio I know your don't own the coins, any other downside to this. Anything else to watch about etoro?

    With the straight coin purchase I own them right?

    Cheers


Comments

  • Registered Users Posts: 89 ✭✭ CutWeldDrive


    etoro is a brokerage company, you never own anything..

    You will also be dealing with them halting trading when ever it suits them.


  • Registered Users Posts: 2,534 ✭✭✭ siochain


    would Degiro be a better option or is own wallet the only option?


  • Registered Users Posts: 2,534 ✭✭✭ siochain


    OK I guess Degiro is the same what's the best app\portal to actually own the purchase


  • Registered Users Posts: 89 ✭✭ CutWeldDrive


    buy on exchange and transfer to hard wallet.

    exchanges lie coinbase, binance, kraken etc. you all what you buy.
    then transfer off exchange to hard wallet or trade on exchange


  • Registered Users Posts: 465 ✭✭ Probes


    etoro is a brokerage company, you never own anything..

    You will also be dealing with them halting trading when ever it suits them.

    You can own crypto you buy on there, it tells you when you are buying the actual coin. You can transfer them out to the wallet but you must be buying in suitable sizes, I think in Bitcoin you need to buy in 0.008 chunks, which is actually quite a lot now.

    I like eToro, they had a wobble a wee while back but they seem to have sorted their stability issues now. It's a great platform to get started I think, but I don't buy too much crypto on it, mainly copy people.


  • Advertisement
Advertisement