TechFlow reports that Israeli online trading platform eToro has announced the launch of cryptocurrency spot trading services in Germany. Previously, German customers could only trade cryptocurrency contracts for difference (CFDs). eToro is collaborating with two locally regulated BaFin-supervised firms: DLT Finance handles trade execution, while Tangany manages asset custody. Users must agree to the terms of service from all three parties to begin trading, and eToro plans to charge a 1% transaction fee.
Notably, earlier this year eToro transferred its cryptocurrency custody operations in Germany to Tangany.
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