Crypto Basics

eToro Review 2023 - Features, Pricing and Alternatives

Learn about eToro platform and get a detailed review of its features, pricing, and alternative options.
Token Metrics Team
6 Minutes
MIN

In this digital age, online trading has become increasingly popular, offering individuals the opportunity to invest in various financial markets from the comfort of their homes. 

eToro is a renowned online trading platform that combines traditional trading with social networking features, making it an attractive option for both novice and experienced traders.

eToro Overview

eToro is a multi-asset trading platform that offers a wide range of financial instruments for trading and investing. 

Founded in 2007, it has grown to become one of the world's largest social trading platforms, with millions of registered users worldwide. 

The platform's mission is to make trading accessible to everyone, regardless of their experience level or financial background.

It has changed the way people trade by introducing a unique concept that allows users to connect, interact, and copy trades of successful traders within the eToro community.

How does eToro Work?

eToro platform offers a wide range of investment products, including over 2,500 stocks, ETFs, 20+ cryptocurrencies and commodities such as gold and silver. 

Users have the option to purchase fractional shares and access advanced trading features. Deposits can be made using fiat currency or other cryptocurrencies, and convenient transfers can be facilitated through bank accounts or wire transfers. 

Trading activities can be conducted through eToro's web-based platform or its user-friendly mobile app. A notable feature is the CopyTrader, which allows users to replicate the trades of successful investors.

Furthermore, eToro offers a demo account with a virtual portfolio of $100,000, providing users with a risk-free environment to learn and gain experience in cryptocurrency and other trading activities.

eToro Features Review

CopyTrading - One of the standout features of eToro is its CopyTrading functionality. This feature enables users to automatically copy the trades of successful traders in real-time. 

By leveraging the wisdom of experienced traders, even beginners can achieve potential profits without in-depth market knowledge.

Social Trading Platform - eToro's social trading platform is designed to facilitate interaction and collaboration among traders. Users can follow, communicate, and learn from each other through various social features, including live feeds, comments, and messaging. 

This social aspect adds an extra layer of engagement and knowledge-sharing to the trading experience.

Wide Range of Financial Instruments - eToro offers an extensive selection of financial instruments for trading, including stocks, cryptocurrencies, commodities, indices, and more. 

This diversity allows users to build a diversified investment portfolio and take advantage of various market opportunities.

eToro User Experience Review

eToro boasts an intuitive and user-friendly interface that caters to traders of all experience levels. 

The platform's sleek design and straightforward navigation make it easy for users to access the desired features and execute trades seamlessly. 

Additionally, eToro's mobile app ensures that users can stay connected and trade on the go.

Social Trading on eToro

eToro's social trading feature enables users to discover, follow, and interact with successful traders on the platform.

Through the built-in search and filtering tools, users can find traders based on specific criteria such as performance, risk level, and trading style.

By replicating the trades of top-performing traders, users can potentially enhance their own trading outcomes.

eToro Security and Regulation

When it comes to online trading, security is of utmost importance. eToro prioritizes the safety of its users' funds and personal information. 

The platform implements robust security measures, including two-factor authentication (2FA) and data encryption. Additionally, eToro is regulated by reputable financial authorities, providing users with peace of mind.

eToro Fees and Charges

eToro operates on a transparent fee structure, with spreads and overnight fees varying depending on the traded instruments. It's important for users to review and understand the fee schedule before executing trades.

eToro Fees Review
Image Source - https://www.fool.com/

eToro Customer Support Review

eToro offers reliable customer support to assist users with their queries and concerns. The platform provides a comprehensive help center with a vast knowledge base covering various topics related to trading on eToro. 

Additionally, users can reach out to the support team directly through email or live chat for more personalized assistance.

Pros and Cons of eToro

eToro, like any other trading platform, has its advantages and disadvantages. Let's take a look at some of the pros and cons:

Pros:

  • User-friendly interface and social trading features
  • Diverse range of investment options
  • Copy Trading functionality for beginners
  • Free debit card deposits
  • Mobile app for trading on the go

Cons:

  • Withdrawal fees could be lower on certain transactions
  • Not available in few U.S. states
  • Limited research and analysis tools compared to dedicated trading platforms

eToro Ratings on Web

Here are the latest ratings for eToro on various digital platforms as of June 2023

Platforms Ratings
Google Play 4
Apple App Store 3.8
G2 3.8
Trustpilot 4.4

eToro Alternatives

When evaluating eToro alternatives, it's essential to consider specific factors that align with your trading goals and preferences. Here are some of the widely used alternatives of eToro platform.

Plus500 - Plus500 is a well-established online trading platform that offers a wide range of financial instruments, including stocks, indices, commodities, cryptocurrencies, and more. 

The platform provides a user-friendly interface, real-time market data, and powerful trading tools. It is regulated by multiple authorities, ensuring a secure trading environment.

Plus500 also offers a free demo account for users to practice trading strategies without risking real money.

Robinhood - Robinhood is a popular trading platform that gained traction for its commission-free trading model. It allows users to trade stocks, exchange-traded funds (ETFs), options, and cryptocurrencies without paying traditional trading fees. 

Robinhood provides an intuitive mobile app and a simple interface, making it attractive to beginner traders. However, it's important to note that Robinhood is primarily focused on the U.S. market.

Frequently Asked Questions

Q1. How do I get started with eToro?

To get started with eToro, visit their official website and sign up for an account. Follow the provided instructions to complete the registration process and verify your account. Once your account is set up, you can explore the platform, deposit funds, and start trading.

Q2. Can I trade cryptocurrencies on eToro?

Yes, eToro offers a wide range of cryptocurrencies for trading. Popular options include Bitcoin, Ethereum, Ripple, and many more. You can easily access and trade these cryptocurrencies on the eToro platform.

Q3. Is eToro regulated?

Yes, eToro is a regulated platform. It is authorized and regulated by reputable financial authorities such as the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC).

Q4. Can I copy the trades of multiple traders on eToro?

Absolutely! eToro allows you to copy the trades of multiple traders simultaneously. By diversifying your copy portfolio, you can mitigate risks and potentially enhance your trading performance.

Q5. How can I withdraw funds from my eToro account?

Withdrawing funds from your eToro account is a straightforward process. Simply navigate to the "Withdraw Funds" section within your account settings, specify the desired amount, and select your preferred withdrawal method. Follow the instructions provided to complete the withdrawal request.

Conclusion

In conclusion, eToro offers a unique and innovative approach to online trading. With its social trading features, extensive range of investment options, and user-friendly interface, eToro provides a platform that caters to traders of all levels.

Whether you're a beginner seeking guidance or an experienced trader looking to expand your portfolio, eToro offers the tools and resources to support your trading journey.

Disclaimer

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such.

Token Metrics does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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Research

2025’s Leading Crypto APIs for Trading, Price Data & Wallet Integration

Token Metrics Team
6
MIN

Building or upgrading a crypto platform in 2025 demands reliable, fast, and versatile APIs. Whether you’re developing a trading algorithm, a portfolio tracker, or a wallet application, integrating the right crypto APIs can be the linchpin of user experience and product success. With blockchain and digital assets maturing rapidly, today’s APIs deliver not only real-time price data, but also advanced trading features and seamless wallet integration. But which APIs stand out from the pack?

Top 10 Crypto APIs for 2025: Core Features and Use Cases

API solutions have evolved into indispensable tools for developers, quantitative analysts, businesses, and anyone seeking reliable crypto integration. Here are 10 standout crypto APIs for 2025, each offering a unique mix of performance, breadth, and versatility:

  1. Token Metrics API: Focuses on AI-driven analytics, real-time price feeds, advanced on-chain data, and market signals, suitable for portfolio tools and research dashboards.
  2. CoinGecko API: Delivers extensive market data on thousands of cryptocurrencies, including pricing, volume, and historical charts—popular for portfolio tracking apps.
  3. CoinMarketCap API: Renowned for aggregate crypto price data and deep market cap information, supporting up-to-date listings and trending asset widgets.
  4. Binance API: Offers robust trading endpoints, order books, WebSocket feeds, and spot/futures functionalities, ideal for automated trading bots on one of the largest exchanges.
  5. Kraken API: Reliable for both spot and derivatives trading, plus seamless account management and funding workflows.
  6. Alchemy API: Provides powerful web3 infrastructure, including wallet management, smart contract interaction, and NFT access on EVM-compatible chains.
  7. CryptoCompare API: Delivers accurate market data, news, and social analytics for comprehensive crypto app backends.
  8. Blockchair API: A blockchain explorer API supporting multiple chains (BTC, ETH, etc.) with deep transaction analytics and address lookups.
  9. Fireblocks API: Focuses on secure wallet and asset management for enterprises, with advanced transaction automation and MPC (multi-party computation).
  10. Moralis API: Enables rapid integration of decentralized identities, wallets, NFT metadata, and database-sync functionality for dApp developers.

The “best” crypto API for 2025 depends on whether your priority is trading, data analytics, wallet management, or web3 protocol interaction. Many forward-thinking teams are now combining several APIs to achieve flexible, scalable architecture.

How to Choose the Best Crypto API for Your Project

With so many options, careful API evaluation is crucial. Consider the following practical factors before integrating a new crypto API:

  • Data Accuracy & Latency: Reliable feeds are essential for trading, especially in volatile markets. Test latency and double-check for data aggregation delays.
  • Coverage & Network Support: Confirm the API supports the blockchains, trading pairs, and tokens relevant to your use case. Some APIs focus on BTC/ETH, while others support long-tail assets and new chains.
  • Security & Compliance: Ensure the API provider follows best practices (rate limits, authentication, encryption). If handling user data or funds, review their compliance documentation.
  • Cost & Scalability: Assess free tiers, paid plans, and limits on requests per second. Advanced projects may require enterprise pricing for higher throughput.
  • Developer Experience: Look for well-documented endpoints, active community support, and SDKs in your preferred language.
  • AI & Analytics Features: APIs that include ML-driven analytics, sentiment scoring, backtesting data, or alerts can provide a competitive edge for automated trading or portfolio management.

Test multiple APIs in sandbox environments to validate uptime, accuracy, and compatibility with your backend infrastructure or front-end frameworks.

API Use Cases: Trading Automation, Price Intelligence & Wallet Integration

Strategic API integration expands what’s possible for developers and crypto businesses. Consider three core implementation scenarios for 2025:

  • Automated Trading Strategies: Connect trading APIs (e.g., Binance, Kraken) and analytics engines (Token Metrics, CryptoCompare) as your bot’s data and execution layer. Tight, low-latency connections are vital where milliseconds can matter.
  • Real-Time Price Alerts & Analytics: Combine a crypto price API with machine learning or user-defined triggers to drive actionable notifications, portfolio rebalances, or smart dashboards. Integrate advanced analytics from providers like Token Metrics or Moralis for deeper insights.
  • Wallet & Web3 dApp Functionality: Utilize APIs like Alchemy, Fireblocks, or Moralis for creating user-friendly wallets, NFT apps, or secure on-chain account management. These offer seamless blockchain interactions and abstract away complex infrastructure challenges.

For teams scaling across blockchains or global jurisdictions, modular design using the leading crypto APIs ensures adaptability and resilience as the ecosystem evolves in 2025 and beyond.

The crypto API landscape is moving fast with several trends shaping developer choices and user expectations:

  • Open Source & Community-Led APIs: More projects are releasing open APIs, encouraging collaboration and faster problem-solving for security or integration issues.
  • AI-Powered Data & Risk Tools: APIs offering on-chain analytics, anomaly detection, or AI price prediction are gaining traction for smarter trading and compliance.
  • Cross-Chain Compatibility: Universal wallet APIs and bridges make it easier to support multi-chain assets and DeFi protocols in one place.
  • Improved Privacy & Decentralization: Zero-knowledge proofs and secure computation features are increasingly offered at the API level for confidential transactions.
  • Regulatory Readiness: Providers are adopting stricter KYC/AML processes, especially for trading and custodian APIs, to meet global compliance demands.

Whether you’re prototyping a new app or enhancing a mature platform, staying up-to-date with these innovations ensures your tech stack remains competitive and agile as the regulatory and market landscape shifts.

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Token Metrics provides real-time prices, trading signals, and on-chain insights all from one powerful API. Grab a Free API Key

Frequently Asked Questions About Crypto APIs

Which crypto API offers the most accurate real-time price data?

Accuracy can depend on exchange coverage and update frequency. APIs like CoinGecko, CoinMarketCap, and Token Metrics aggregate data from multiple sources to improve reliability. Always test feeds for your specific asset list.

What is a crypto wallet integration API?

A crypto wallet API enables developers to add wallet functionalities—such as creating, managing, and sending cryptocurrencies—directly within apps. Leading options like Alchemy and Fireblocks allow seamless blockchain transactions and secure asset management.

Are there free crypto APIs for development?

Yes. Many top crypto APIs, such as CoinGecko, Moralis, and Token Metrics API, offer free tiers for development and low-usage applications. However, higher volume or advanced features may require paid plans.

How can I ensure security when using a crypto API?

Prioritize APIs with robust authentication, encryption, and documented security protocols. Use API keys or OAuth, monitor for suspicious activity, and regularly audit your application’s handling of user data and crypto operations.

Do any crypto APIs include AI-based analytics or trading signals?

Yes. Advanced APIs such as Token Metrics provide AI-driven analytics, signals, and predictive tools to enhance research and strategy development. These can be integrated into custom dashboards or apps for additional intelligence.

Disclaimer

This article is for informational and educational purposes only. It does not constitute financial, legal, or investment advice. Please conduct your own research and consult licensed professionals before making technical or business decisions involving cryptocurrency technology or markets.

Research

From Beginner to Advanced: Building Your First Python Crypto Trading Bot

Token Metrics Team
6
MIN

Automated trading is reshaping the way traders interact with the crypto markets. For beginners and advanced users alike, building a Python-powered crypto trading bot opens up incredible possibilities—from automating strategies to conducting rapid backtests and executing trades 24/7. But how do you go from a basic script to a robust trading algorithm? This guide walks you through the process, addresses key technical considerations, and illustrates how AI and analytics platforms can make your journey more efficient and insightful.

Why Use Python for Crypto Trading Bots?

Python has become the top choice for quantitative finance and crypto automation. Its rich ecosystem of libraries (like ccxt for exchange APIs, pandas for data analysis, and TA-Lib for technical indicators) allows even beginners to build powerful bots.


     

     

     

     


Core Components of a Crypto Trading Bot

Every effective crypto bot has several essential building blocks:


     

     

     

     

     


Organizing these parts within clean Python classes or modules makes your bot scalable and easier to maintain as your strategy evolves.

Step-By-Step: How to Build a Simple Python Crypto Bot

Let’s walk through the foundational process of building your first crypto bot with Python. This approach is equally valuable whether you’re a coding newcomer or migrating from manual trading.


     

     

     

     

     

     

     


This modular workflow sets the groundwork for more advanced automation and risk controls as you gain confidence.

From Basic to Advanced: Expanding Your Bot’s Capabilities

Once you’ve mastered a basic bot, you can enhance its effectiveness dramatically through both software engineering and strategic sophistication:


     

     

     

     

     

     


Successful automation relies on continuous monitoring and refinement. For many, using analytical tools and platforms like Token Metrics can support data-driven hypothesis generation and rapid backtesting.

Security Best Practices and Compliance Considerations

Operating a crypto trading bot safely involves attention to both cybersecurity fundamentals and regulatory factors:


     

     

     

     

     


Consider open-source libraries with active support, or opt for trusted SaaS tools for additional layers of safety and monitoring.

Build Smarter Crypto Apps & AI Agents with Token Metrics

Token Metrics provides real-time prices, trading signals, and on-chain insights all from one powerful API. Grab a Free API Key

Frequently Asked Questions

What is a crypto trading bot?

A crypto trading bot is a software application that executes predefined trading strategies automatically, buying or selling cryptocurrencies on your behalf using real-time market data.

How much Python do I need to know to build a bot?

Basic Python programming—data types, functions, loops, modules—is sufficient for creating simple bots. For advanced features (e.g., machine learning, concurrency), deeper knowledge is helpful but not mandatory at the outset.

Is it safe to use Python for crypto bot development?

Python is widely used and considered secure if best practices are followed, especially regarding API key management and keeping dependencies up to date.

Which exchanges support Python crypto bots?

Most major centralized exchanges (like Binance, Coinbase Pro, Kraken, KuCoin) support API-based trading compatible with Python libraries such as ccxt or exchange-specific SDKs.

Can I integrate AI or machine learning in my crypto bot?

Yes. You can utilize libraries such as scikit-learn or PyTorch to add AI models for signal detection, predictive analytics, or anomaly detection, enhancing your strategy’s adaptability.

Disclaimer

This article is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and comply with applicable regulations and best practices when developing or using automated trading bots.

Research

Comparing the Top Crypto Trading Bots of 2025: Open Source and Paid

Token Metrics Team
6
MIN

The landscape of crypto trading is rapidly evolving, and as we move into 2025, automation through trading bots remains one of the most transformative trends. Both newcomers and experienced traders are turning to crypto trading bots to streamline processes, manage risk, and take advantage of around-the-clock markets. But with the explosion of open source and paid options, how do you identify which bots merit your attention? In this deep dive, we’ll compare the leading crypto trading bots of 2025—balancing tech, usability, and transparency—so you can navigate this essential toolkit with confidence.

What Are Crypto Trading Bots and How Do They Work?

Crypto trading bots are software programs designed to automate buying, selling, and portfolio rebalancing in cryptocurrency markets. Leveraging predefined rules, technical indicators, or advanced machine learning, these bots execute trades faster and without the emotional bias that can affect manual trading. Bots can operate 24/7, responding instantly to market changes and often employing sophisticated strategies that would be challenging to replicate manually.

In 2025, the variety of bots available spans from simple rule-based systems to complex AI-driven agents. They connect to crypto exchanges—such as Binance, Coinbase, or Kraken—through API integrations. Most bots allow users to customize strategies, set risk parameters, and monitor performance through intuitive dashboards.

Open Source vs. Paid Trading Bots: Key Differences

The difference between open source and paid crypto trading bots often comes down to transparency, control, and ease of use.

  • Open Source Bots: These bots offer transparency and community collaboration. Users can audit the code, ensure no hidden functionality exists, and even tweak algorithms to better suit their needs. Popular examples include Freqtrade and Gekko. While these bots are typically free, they require more technical expertise to set up and maintain, especially when connecting APIs or deploying custom strategies.
  • Paid (Commercial) Bots: Premium bots bundle user-friendly interfaces, customer support, and often proprietary algorithms. Services like 3Commas, Cryptohopper, and Bitsgap lead this category by offering plug-and-play features, cloud hosting, and advanced automation. While they have subscription fees, they cater to users who prefer convenience, security, and ongoing updates over full source code access.

Choosing between open source or paid options in 2025 depends on your technical skill, needs for customizability, trust level, and budget allocation for trading infrastructure.

As AI integrates deeper into crypto trading, both open source and paid bots have seen an upgrade in intelligence and adaptability:

  • Natural Language Strategy Creation: Some advanced bots allow users to describe trading strategies in plain language, which the AI then translates into executable code.
  • Reinforcement Learning Algorithms: AI-driven bots in 2025 commonly use reinforcement learning, optimizing their strategies based on real-time outcomes and historical market data.
  • On-Chain Data Integration: The best bots can process on-chain metrics—such as wallet movements and DeFi protocol activity—adding fresh market context to traditional technical indicators.
  • Risk-Aware Trade Execution: Automated position sizing, stop-loss rules, and volatility analysis are standard, reducing exposure in turbulent conditions without constant user intervention.
  • Multi-Exchange and Cross-Asset Support: Top bots can manage portfolios across several trading platforms, balancing trades among Bitcoin, Ethereum, altcoins, and even tokenized real-world assets.

This evolution assists users at all experience levels, turning AI-powered bots into leading research and automation companions rather than just passive trading engines.

Top Open Source and Paid Crypto Trading Bots in 2025

Let’s spotlight a few prominent options, emphasizing their core features without bias:

  1. Freqtrade (Open Source): Known for its robust backtesting engine, extensive strategy customization, and active GitHub community. Ideal for tech-savvy users who value flexibility and transparency.
  2. Gekko (Open Source): A lightweight bot that runs on Node.js and connects to multiple exchanges. Supports plugin architecture but may lack advanced AI integrations found in newer bots.
  3. Hummingbot (Open Source): Specializes in liquidity mining and market making, enabling users to deploy custom bots with cloud or local hosting. Actively maintained with built-in analytics.
  4. 3Commas (Paid): Offers smart trading terminals, grid bots, trailing features, and AI-powered portfolio management. Designed for accessibility, cloud-based operation, and mobile controls.
  5. Cryptohopper (Paid): Boasts AI strategy creation (“Hopper AI”), paper trading, and a marketplace for community-generated strategies. Focuses on low-latency, round-the-clock trade automation.
  6. Bitsgap (Paid): Supports arbitrage, futures, and spot trading across several exchanges. Known for quick setup, portfolio analytics dashboards, and dynamic grid bots suitable for volatile markets.

Each of these solutions appeals to different user profiles and ambitions. Some prioritize full-stack transparency and algorithmic control (the open source camp), while others seek set-and-forget usability, support, and feature-rich tools (the paid category).

Best Practices for Choosing Crypto Trading Bots

Whether you gravitate toward open source innovation or streamlined paid solutions, consider the following best practices:

  • Security First: Audit the bot’s access permissions. Use secure API keys, track data privacy, and avoid sharing credentials.
  • Community and Support: Evaluate the strength of the bot’s user community or customer support. Active development and transparent documentation are critical for troubleshooting and growth.
  • Strategy Flexibility: Choose bots that support the indicators and logic you require, whether it’s AI-driven strategies or manual rules.
  • Backtesting Capability: Review bots’ simulation features, allowing you to test algorithms on historical data before live implementation.
  • Integration and Scalability: Ensure compatibility with your desired exchanges, assets, and portfolio size. Consider future-proofing with multi-exchange and cross-asset support.

The right research, careful strategy testing, and a responsible approach to automation ensure bots enhance your trading—not replace foundational knowledge or risk management.

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FAQ: Crypto Trading Bots in 2025

Using crypto trading bots is legal in most jurisdictions. However, exchanges may have their own rules, so always review the terms of service for the platforms you use. Compliance with local laws regarding crypto assets is also important.

Can I use trading bots with any crypto exchange?

Most major exchanges provide APIs that allow trading bots to connect and execute trades. However, the level of support and functionalities may vary. Always verify the bot’s compatibility with your chosen exchange.

Do I need to know coding to use crypto trading bots?

Not necessarily. Many paid trading bots offer user-friendly interfaces requiring no coding skills. Open source bots often need technical setup and strategy tweaks, so basic programming knowledge can be helpful for those options.

Are AI-based bots better than rule-based bots?

AI-based bots can adapt to changing market conditions and process complex data in real time, offering advantages in dynamic environments. However, success depends on the implementation, underlying data, and usage. Rule-based bots can be more predictable and transparent.

What are the main risks of using crypto trading bots?

Risks include technical failures, API connection issues, untested algorithms, security breaches, and unpredictable market behavior. It’s important to use secure practices, monitor performance, and regularly audit bot activities.

Disclaimer

This article is intended for informational and educational purposes only. It does not constitute investment advice or recommendations of any kind. Always conduct your own research and consult with financial professionals before engaging in any cryptocurrency trading or investment activities.

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