eToro launches cryptocurrency and fiat currency exchange service in the UK

ChainCatcher news, according to Financefeeds, eToro has announced that users in the UK and Europe can now transfer cryptocurrency assets held in other exchanges, brokers, or other blockchain wallets to the eToro crypto wallet, and convert the cryptocurrency assets they hold into cash for trading and investing across multiple asset classes on eToro's investment platform.

Eligible eToro users holding BTC or ETH in external wallets or exchanges can transfer these cryptocurrency assets to their eToro crypto wallet and exchange them for local currency in their GBP or EUR accounts.