Investing
Trading App Offers $500 to Lure Investors to Open $5,000 Crypto Accounts
EToro is running the promotion in the U.S. as new crypto accounts surge, but it has also halted margin trading after Bitcoin hit a record high.
Photographer: Nicolas Tucat/AFP/Getty Images
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Global retail trading platform eToro Ltd. is offering U.S. investors a $500 reward when they open crypto-trading accounts worth at least $5,000.
EToro started marketing the bonus, which runs through January, late last year, just as Bitcoin’s value shot up on a historic tear. The digital currency rebounded on Tuesday from a steep plunge in the latest bout of roller-coaster volatility.