Thus, the customers may rest assured in case of any financial issues that may arise in the platform’s future.Īlong with having a conversion fee of merely 0.1%, eToro also supports various payment options such as Debit/Credit Cards, Wire Transfer, PayPal, etc., allowing users from any corner of the world to get into cryptocurrency trading with the click of a button. They also have insurance coverage from Lloyd’s London. eToro has not had such widespread regulatory issues as Binance has and is regulated by CySEC, FCA, GFSC, FinCen, FINRA, and ASIC, which comes as a relief to all users. For example, the CopyTrader feature allows novice traders to follow the strategies of more advanced traders with years of expertise.ĮToro hosts more than 20 million users as it supports more than 2000 different financial assets along with short-term, mid-term, and long-term investment options.ĮToro is also primarily regarded as a safe option for cryptocurrency traders and investors as it is also allowed in the USA. This is suitable for beginners and experts alike, as the trading experience can be altered based on the user’s needs, striking the right balance. eToro – Overall Best Binance AlternativeĮToro is one of the largest, most trusted cryptocurrency trading platforms across the globe, offering traders a unique opportunity to make transactions with its premium features.ĮToro is a leading platform that is user-friendly and easy to use. Best Binance Alternative in October 2022 – Reviews 1.

Binance com