September 19, 2021

EToro's Crypto Profit Increases 23x In Q2

EToro's Crypto Profit Increases 23x In Q2

The eToro investment platform has made record profits from commissions for buying and selling cryptocurrencies.

According to eToro's financial report for the secondquarter of 2021, 73% of all commissions came from cryptocurrency trading. Over the same period last year, cryptocurrencies accounted for only 7% of fees.

In just the second quarter, eToro earned $ 362 million in commissions. Cryptocurrencies accounted for $ 264 million - 23 times more than $ 11.27 million last year.

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According to the materials www.theblockcrypto.com