What is the advantage of the eToro cashback program?
eToro currently offers newly registered users the opportunity to get back 100% of fees paid on cryptocurrency trading up to $100. Together with a similar promotion for stocks, this is one of the most attractive offers that has never before been available at eToro to this extent.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks.
Unlike regular discount codes you know from e-shops, this offer works through a special registration link. It is therefore essential to register through this link to be eligible for the cashback. So it’s not a discount coupon where you enter a code during registration (like XTB has, for example), but a promotional link that you just need to click on.
Exact conditions of the cashback program
To maximize the use of this offer, it is key to understand the following conditions:
- Time window: Cashback applies only to fees from transactions made during the first 30 days after registration.
- Upper limit: The maximum amount you can get back is $100 (or equivalent in another currency).
- Eligible transactions: The program applies exclusively to standard buying and selling of cryptocurrencies without leverage.
- Excluded transactions: Cashback cannot be obtained for:
- Leveraged positions
- CFD contracts on cryptocurrencies
- Short positions
- Transfers to external wallets
- Transactions within CopyTrading
- Investments in CopyPortfolios
- Exchanges between different cryptocurrencies
- Cashback payment: Returned fees will be credited to your trading account within 15 business days after the end of the month in which you made qualifying transactions.
Who is the offer intended for?
The cashback program is exclusively available for new users from these countries: Denmark, Finland, France, Germany, Greece, Italy, Netherlands, Norway, Poland, Czech Republic, Romania, Slovakia, Spain, Sweden, and United Kingdom.
It is important that they are completely new users without previous history on the eToro platform, or users whose account was closed more than 30 days ago.
Why is this offer advantageous for beginning traders?
For novices in the field of cryptocurrencies, fees represent a significant cost item. On eToro, you normally pay 1% both when buying and selling cryptocurrencies. Thanks to this promotion, you can trade during the first month practically without additional costs, which allows you to:
- Try trading with less risk.
- Diversify your portfolio into more cryptocurrencies without additional costs.
- Execute more smaller trades to test different strategies.
- Conduct transactions totaling up to $10,000 with full compensation of fees.
How to correctly proceed step by step
- Registration via the special link – Critical point: You must use this promotional link (not the standard registration).
- Complete account verification – Complete all required verification steps including identity and address verification.
- Deposit funds – Transfer funds to your trading account.
- Start trading – Begin buying and selling cryptocurrencies (without leverage).
- Monitor fees – In the transaction overview, you can see the paid fees that will be returned to you.
Practical example of using the cashback
Let’s imagine that during the first 30 days you make the following transactions:
- Purchase of Bitcoin for $3,000 (fee $30).
- Purchase of Ethereum for $2,000 (fee $20).
- Sale of part of Bitcoin for $1,000 (fee $10).
- Purchase of various altcoins for a total of $4,000 (fee $40).
In total, you have paid $100 in fees, which will be fully returned to your trading account. If you were to continue trading and pay additional fees above this limit, the cashback would no longer cover them.
Important warnings
- The program has a limited duration of 30 days.
- Manipulation of accounts to abuse the program will result in exclusion from the promotion.
- Only one cashback bonus can be applied per account.
- Cashback does not constitute investment advice and should not be the reason for executing trades that you would not otherwise have made.
Why trade cryptocurrencies on eToro
eToro is not just another platform for trading cryptocurrencies – it’s a comprehensive ecosystem with a range of unique advantages:
Extensive community base: Join a 30-million global community of traders, where you can share experiences, gain new insights, and learn from others. This social aspect is something that most traditional cryptocurrency exchanges lack.
CopyTrading feature: The unique ability to automatically copy the portfolio of experienced traders allows you to participate in the strategies of professionals, even if you are an absolute beginner.
Proven security: With more than a decade of history and regulation in several jurisdictions, eToro offers a higher security standard than many new platforms. Your crypto assets are protected with advanced security and free offline (cold) storage of military quality.
Wide selection of cryptocurrencies: With an offering of 125 different crypto assets, eToro provides one of the most comprehensive offerings in the market, allowing you to diversify your portfolio from established coins like Bitcoin and Ethereum to emerging altcoins with high growth potential.
User-friendly interface: The platform is designed with ease of use in mind, which is especially valuable for beginners who are just navigating the complex world of cryptocurrencies.
Conclusion
The eToro cashback program represents an exceptional opportunity for new users to enter the world of cryptocurrency trading with lower initial costs. With the potential to get back up to $100 in fees during the first month of trading, it is an offer worth considering for anyone planning to actively trade cryptocurrencies.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks.