The Israeli online trading platform eToro has announced the launch of cryptocurrency spot trading services in Germany. eToro is collaborating with two locally regulated companies by BaFin: DLT Finance is responsible for trade execution, while Tangany is in charge of asset custody. Users must agree to the terms of service of all three parties in order to trade, and eToro plans to charge a 1% trading fee. Earlier this year, eToro transferred the custody of cryptocurrencies in Germany to Tangany.

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<p>According to Deep Tide TechFlow, the 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 has partnered with two local companies regulated by BaFin: DLT Finance is responsible for trade execution, and Tangany is responsible for asset custody. Users must agree to the terms of service from the three parties to trade, and eToro plans to charge a 1% trading fee.</p>
<p>It is worth noting that eToro had earlier this year transferred the custody of cryptocurrencies in Germany to Tangany.</p>
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eToro Launches Cryptocurrency Spot Trading in Germany with DLT Finance