Crypto Passive Income Solutions: Etoro vs Trade-mate

etoro vs trademate review

The ongoing trend of passive income chasers should not surprise anyone. In the current economic climate, it’s not uncommon to have multiple jobs and yet the bills keep pilling. You want to do more to earn more but your days are packed with too many activities already. If only there was a way to earn more without having to do more. Passive income opportunities like this have since come to the rescue. These are opportunities that allow you to earn extra income or even for some a full-time income on autopilot. You have almost nothing to do. Talk about letting your money work for you. Opportunities like this exist in almost every industry and cryptocurrency is no exception. Scammers have since hijacked this industry dangling one get-rich-quick-scheme after another and making it difficult to identify legit projects.

In this review, we take a look at 2 of the most efficient passive income opportunities in the cryptocurrency industry – Etoro and Trade-mate. These are the most interesting platforms today in the cryptocurrency industry that make passive income possible via crypto trading. These platforms have a special feature that allows a user to select expert traders to trade on their behalf. Of course, this is perfect for anyone who wants to earn an income investing in cryptocurrencies stress-free and without the requisite knowledge of how crypto trading works. Below we compare and rate the 2 platforms. Please note that while these 2 platforms are chock-full of features, this post is specifically geared towards the passive income opportunities it presents.

Read to the end where we pick a WINNER between the two. Let the Etoro Vs Trade-mate battle for passive income supremacy begin


Etoro vs trademate copytrading
Etoro vs trademate copytrading

Overview: With over 10 million users, the Etoro platform is a popular platform for trading cryptocurrencies, indexes, and stocks. Etoro was founded in 2007 by Yoni Assia, Ronen Assia, and David Ring. The platform now has users in over 150 countries. Etoro has its own crypto exchange and all user funds are stored on Etoro. Etoro holds the private keys of its users

Security: Etoro is regulated by the CySEC (Cyprus Securities and Exchange Commission) authority in the EU (European Union). The platform requires all users to undergo a KYC (Know Your Customer) verification process. It also claims the security measures employed on the platform are military grade.

Etoro’s Autotrade feature

Also called social trading, Etoro platforms allow users to automatically copy the trades of other users on their copy trader tab. There are so many traders to pick from.

Setting up Etoro’s Copytrading

Sign up to Etoro and deposit funds in your account. The minimum amount to invest in a trader is $200. Next login and click the copy trader tab which will reveal Etoro social traders. To enable you to make the right choice, Etoro lets you check information about each trader: assets, risk scores, etc. Once you’ve identified a trader you like, set your budget which is the amount you want to allocate to copy this trader. Finally, click the copy button and let the copy-trading begin. Every time the trader trades on his account, trades will also be automatically carried out on yours. You can copy up to 100 different traders. Profit withdrawals take 2-5 days depending on the method used. Credit/debit cards, electronic wallets, and PayPal are all options you have to do this. Before investing real money, you can use the Etoro Demo Account to practice how to set up this feature.

Advantages of the Etoro platform

– The demo account allows you to test out the platform including the copy trader tab without any risks of losing your funds.

– The Etoro community can easily help with issues experienced while using the platform

– The simple responsive interface enhances the user experience

– Etoro supports over 20 different languages and has many traders to choose from

– Etoro’s track record of success and popularity for over a decade makes it attractive to users.

Disadvantages of Etoro Platform

– Clients do not directly own their Crypto holdings since Etoro holds users’ private keys

– Deposited funds for copy-trading are stored and managed by Etoro

Scandals and criticism

– Quebec blacklisted Etoro in 2015 and labeled it an unauthorized foreign company that encouraged residents to make binary options investments through its trading platform

– CySEC (Cyprus Securities and Exchange Commission) fined Etoro in 2013 claiming it detected weaknesses in the organizational and operational structure of the platform.

Our Verdict: Despite the scandals and shortcomings, Etoro is still a good platform to earn passive income through Crypto trading and millions do. Click here to Join Etoro today

Final Rating: 6/10


trademate review
trademate review

Founded in 2018 by Mikhail Amonashvili and Philip Antonov. The Trademate platform presents an easy way for new users and veterans to manage and grow their Crypto portfolios on various Crypto exchanges. Trademate does not hold your Crypto assets on its platform. The platform has over 15000 members. And it’s fast shaping up to become an industry leader in its niche.

Security: Trade-mate needs only basic security since your funds are not held by the platform. Users also do not need to go through KYC verification.

Trade-mate Autotrade feature

Trademate auto trade features allow users to copy expert human traders and bots automatically once it is setup. You can pick as many traders as possible increasing your potential for earnings. The tab to subscribe to human traders is labeled Traders while the section for bot traders is labeled Trading bots. See the easy step-by-step guide here to get started.

Getting started with the Trader’s section

First, you’ll need to register a trade-mate account and subscribe. Click here to get started. Pay the required subscription fee. Next link your Crypto exchange accounts (Binance, BitMEX, etc.) using APIs to your Trademate. You do not need to transfer the funds in them to Trade-mate. Short 2 minutes video tutorials are available on the website to help guide you on linking your accounts. We tried it and it was so easy.

Next click on the Traders section. This will reveal several traders that could trade for you on different platforms. Trade-mate includes stats on each trader to enable you to make an informed decision. The history of trades, the average ROI, and a rating system on each trader makes this decision easy. Once you’ve picked a trader, don’t forget to check the monthly fee (some traders are free) and the %profit commission charged by each trader. The traders also indicate the minimum amount you need to have on your chosen exchange (Binance, BitMEX, etc) for trading. Every trader is different. Once you ensure you meet up with the conditions of the trader, click the subscribe button and trading begins. You don’t need to do anything else. Set it and forget it. Sweet!

Getting started with the Trading Bots feature

This works just like the Traders section with the exception that this section contains just trading robots. When you click the Trading bots Tab, it reveals several trading bots. Check the trading statistics of each bot, choose one or more. Next, pay the monthly fee and subscribe. Voila!!! You’re in.

Advantages of platform

– The platform is very easy to use with short videos to reduce the learning curve

– Funds are not kept on trademate reducing the risks of potential hacking. Trademate also has no direct access to your funds if you don’t want them to. You can withdraw at any time on the exchanges.

– No need for KYC verification which could be a long tedious process

– Trademate customer service is very effective. The admins in the online community on telegram are also quick to help resolve issues.

– Unlike Etoro, the Trademate platform does not attempt to take on too many features, giving it more room to perfect its primary objective of managing and growing your Crypto portfolio

Disadvantages of Trademate platform

– It’s still relatively new and yet to achieve widespread popularity (but considering how awesome this platform is, it’s beginning to take off)


None (at press time)

Verdict: When it comes to Autotrade features, no platform does it like Trademate. You have to use the platform to better understand how beneficial it is. Click here to get started on trade-mate today. See step-by-step instructions here.

Final Rating: 9/10


Burst out your gourmet wine and fancy cups, we are about to announce the winner.

Trademate is better than Etoro
Trademate is better than Etoro

The winner of the Etoro vs Trade-mate battle for the best in Crypto passive income copytrading platform is:


No need to take our word for it. Just try it out and experience the magic. Start earning Crypto passive income on trade-mate today. Click here to get started. Click here to see an easy step-by-step guide.

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