Binance vs. eToro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Binance
Score 8.4 out of 10
N/A
Binance is a global blockchain and cryptocurrency infrastructure provider with a financial product suite that boasts the largest digital asset exchange by volume.N/A
eToro
Score 7.5 out of 10
N/A
The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets.N/A
Pricing
BinanceeToro
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BinanceeToro
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BinanceeToro
Considered Both Products
Binance
Chose Binance
It's better user friendly and also safer
eToro

No answer on this topic

Top Pros
Top Cons
Best Alternatives
BinanceeToro
Small Businesses
Coinbase
Coinbase
Score 8.0 out of 10
Coinbase
Coinbase
Score 8.0 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 8.0 out of 10
Coinbase
Coinbase
Score 8.0 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
BinanceeToro
Likelihood to Recommend
8.1
(12 ratings)
8.2
(2 ratings)
User Testimonials
BinanceeToro
Likelihood to Recommend
Binance
If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.
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eToro
eToro is probably best suited for persons with basic trading and/or investment needs, not experienced traders. The latter group will probably benefit from more sophisticated tools, such as advanced charting and analysis. In addition, I believe such traders will demand tighter spreads than those available on the eToro platform
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Pros
Binance
  • Has the best data, tables and choices of all platforms out there.
  • Best charges / prices with quick transfers of currency from fiat banks to Binance
  • Best selection of currencies
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eToro
  • Excellent presentation of cost basis
  • Easy to get exposure to crypto as well as traditional investments
  • Allows copy trading
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Cons
Binance
  • You have to login every time you use it due to security concerns.
  • The fees and charges are not clear sometimes
  • Make sure you go through the terms carefully before using any platform.
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eToro
  • eToro has met our needs for an online and investment platform.
  • I cannot think of anything in which eToro can improve.
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Alternatives Considered
Binance
We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.
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eToro
eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and research on general market changes, movements, and activities.
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Return on Investment
Binance
  • It gave good opportunity for investment which resulted in good ROI
  • It's better than Indian Exchanges as the manipulation is high there
  • It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices
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eToro
  • 10-15% ROI per annum since signing up to eToro two years ago
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