eToro’s New Bitcoin Account Incentives Are So Good, They Had To Disable Buy Orders

The cryptocurrency market is trending once again, thanks to Bitcoin’s big breakout and rally beyond $40,000. Altcoins are also following the BTC’s lead, which in turn has sparked massive FOMO amongst retail investors, alongside institutions. Investors are flooding eToro like never before, causing new user registrations to grow 25 times the number the company was seeing the year prior. But it isn’t all due to Bitcoin, eToro themselves are also offering an incentive that is just too good to pass up. eToro New Users Growth Surges 25x Over Same Timeframe 2020 To celebrate Bitcoin’s historic rally, trading giant eToro has begun offering US-based investors a free $500 reward bonus for doing nothing more than registering a new account and depositing over $5,000. Users are flocking to cryptocurrencies as is, but with eToro offering what is essentially a ten percent deposit boost for opening an account, over 380,000 new accounts got…

Read the original article here