Mati Greenspan, eToro senior market analyst has published data in which stated that clients of the Tel Aviv-based service are actively using the current position of the crypto market.
eToro is crypto-related social trading and multi asset brokerage company that has registered offices in Cyprus, Israel and the United Kingdom. Previously, the company decided to make investments in crypto-assets much cheaper by reducing the fees for spread trades on its platform by more than half.
Greenspan states that eToro’s clients have used the current crypto price fall in order to increase their BTC funds.
The whole crypto market is in fever because of the recent bitcoin cash (BCH) hardfork.
You can find out more about this event here.
Perhaps, Greenspan is not the only one who thinks that such a massive fall may has a good side. For example, one of the Bitmain founders, Jihan Wu, has approved CoinEx listing of BCHSV/BCH, BCHSV/BTC trading pairs, calling it a “very good opportunity to increase the number of BCH.”
Earlier, the CEO and co-founder of eToro Yoni Assia said, that the company was planning to compete with U.S. trading platforms in the second half of this year.
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