eToro Launches Top DeFi Index to Help Customers ‘Spread the Risk’

Copy trading service eToro now offers investors an easy way to diversify their cryptocurrency holdings without having to spend hours on research by offering an out-of-the-box style top-performing DeFi portfolio.

The DeFi portfolio eToro has created includes 11 DeFi crypto assets including Ethereum (ETH), Uniswap (UNI), Chainlink (LINK), Aave (AAVE), Compound (COMP), Yearn.finance (YFI), Decentraland (MANA), Polygon (MATIC), Algorand (ALGO), Basic Attention Token (BAT), and Maker (MKR).

DeFi is one of the most talked-about innovations in finance, with thousands of new crypto assets emerging in recent months. But for people who don’t have the time to research every asset’s whitepaper, the market may seem like a minefield. By packaging up a selection of crypto assets in a DeFi CopyPortfolio, we’re doing the heavy lifting and enabling our customers to gain exposure and spread the risk across a variety of cryptos.

Dani Brinker, head of portfolio investments, eToro.com

eToro’s @DeFiPortfolio CopyPortfolio is available now for a minimum investment of US$1,000. Users can follow developments in the DeFi sector through eToro’s social network and also track their portfolio’s performance and keep up-to-date with access to charts and other tools.

Cryptocurrencies Available on eToro

Crypto News Australia recently reported the 29 new cryptos now available for trading on eToro Australia. They are: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XML, EOS, NEO, TRX, ZEC, BNB, XTZ, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, ALGO, MANA, ENJ, BAT, MATIC, FLR and SHIB.