Data: The cryptocurrency trading volume on the eToro platform in November increased by over 500% year-on-year

2024-12-11 14:30:20

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ChainCatcher news, the CEO of the online brokerage eToro for cryptocurrency and stock trading, Yoni Assia, stated on Tuesday that the cryptocurrency trading volume on the eToro platform surged over 500% in November compared to the same period in 2023, reflecting the bullish sentiment among retail investors. Assia mentioned in an interview during Abu Dhabi Finance Week: "Whenever we see historical highs, we notice a significant increase in customer engagement."

In September of this year, the company reached a settlement with the U.S. Securities and Exchange Commission (SEC) for $1.5 million. Assia stated that this settlement does not hinder the company from relisting assets in the U.S. again—especially if the incoming Trump administration relaxes cryptocurrency enforcement, which is widely anticipated.

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