Due to extremely high volatility in crypto markets we have implemented temporary maximum exposure limits for CFD crypto positions in your country.
These measures only apply if you hold or wish to hold CFD crypto positions. eToro’s real cryptoasset offering remains unchanged.
The new limits for CFDs cryptoassets are:
$3,000 per cryptoasset for BTC, ADA, ETH, and XRP
$500 per cryptosaset for all other tokens.
Once the value of your position exceeds this exposure you will not be able to place any new buy orders for that cryptoasset. For example, if you bought $50 of BTC as a CFD crypto position and it is now worth $3,500 you will not be able to place any new buy orders for BTC CFD positions.
This does not impact existing CFD crypto positions, but if you hold CFD crypto positions at or in excess of these limits you will not be able to place any new buy orders.
CFD crypto exposure via copy positions or CopyPortfolios does not count towards your exposure limit.
We are working hard to ensure that this is just a temporary limitation as our goal is to enable you to participate fully in markets in a safe and responsible way. We would like to take this opportunity to remind you that cryptoassets are highly volatile and stress the importance of holding crypto as part of a diversified investment portfolio.
If you have any questions then please contact our customer service team.
We apologize for any inconvenience caused and thank you for your understanding.
Yours sincerely,
The eToro Team