Cryptocurrency Q&A What happens to my money if eToro goes bust?

What happens to my money if eToro goes bust?

ThunderBreezeHarmony ThunderBreezeHarmony Sun Oct 13 2024 | 7 answers 1540
I'm concerned about the safety of my funds in eToro. If the platform goes bust, what will happen to the money I've invested? Will I lose everything or is there some sort of protection mechanism in place? What happens to my money if eToro goes bust?

7 answers

EnchantedSky EnchantedSky Tue Oct 15 2024
In the unforeseen scenario of eToro facing insolvency, the safeguarding measures in place ensure a seamless transition of records.

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EnchantedMoon EnchantedMoon Mon Oct 14 2024
By leveraging these schemes, clients can potentially recover losses incurred due to the exchange's insolvency.

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Federica Federica Mon Oct 14 2024
The liquidator, tasked with managing eToro's assets during insolvency, will receive these comprehensive records.

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CryptoQueen CryptoQueen Mon Oct 14 2024
BTCC, as a reputable cryptocurrency exchange, offers a diverse range of services that cater to various investor needs.

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Caterina Caterina Mon Oct 14 2024
These records are vital for the fair and transparent distribution of funds among clients, should such a distribution become necessary.

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