French Tennis Star Monfils Turns to Cryptos Receiving Sponsorship from eToro Platform
| Updated by Maria Konash · 3 min read
“Best athlete in the sport” according to Andy Murray, tennis star Gaël Monfils now wins renown in crypto world actively investing via eToro social trading network.
Gaël Monfils, the 31-year-old French tennis star, is known as “Sliderman” for his on-court showmanship. He may take chances when trying to win Grand Slam matches, but when it comes to personal finance Monfils – who reached a career high of No6 in the world in 2016 – says he is risk-averse. His investment platform of his choice? The world’s leading social trading network eToro, which specializes in cryptocurrencies.
Monfils has been described by The Sunday Times magazine as “the most interesting guy in tennis” and Britain’s former world No1 Andy Murray reckons the agile Frenchman as the best athlete in the sport. He is not bad when it comes to investing in crypto, either, and began actively trading on eToro in 2017 (see his profile here), having heard about the award-winning platform from his brother-in-law. He was drawn to its wide selection of cryptos and innovative investment tools.
Now he is sponsored by eToro, and the video the platform produced introducing Monfils – which you can see above– has generated almost four million views since late May.
The Swiss-based tennis maestro, who played in his tenth Wimbledon in July and had reached two Grand Slam semi-finals (both at the US Open, in 2008 and 2016) having amassed £10.5 million of prize money in his career, says another big plus for is eToro is its excellent multi-channel user-friendly interface.
“I use [eToro] while travelling and it gives me some independence with my money,” he said in an interview for The Times on the eve of The Championships at Wimbledon. “I have a diverse portfolio, with a particular interest in big tech stocks.”
Monfils claims he made a healthy profit recently when selling his crypto assets on eToro, which over the years has pioneering various innovative features in the world of online trading – including CopyTrader, and CopyFunds.
“Last year I was investing especially in cryptocurrency – ethereum, litecoin, XRP and bitcoin,” he told The Times. “I sold out but have some left as a long-term investment, which I am not touching.”
“I find [cryptos] fascinating – it’s futuristic, definitely novel, quite volatile, and it’s interesting how and why they built it. I made a very good profit; I could have had more, for sure, if I had held it for a bit longer, but I sold it at the right time for me. I think I made close to 75 per cent profit.”
On his trading style, Monfils – whose biggest payday came in 2016 when he reached the last four of the US Open and was rewarded with $875,000 (£660,000) – added:
“I know how hard I have worked to win my money. I’m a very safe person in terms of risking money. It’s so hard to earn the money – why would I then risk it?”
Top tennis talent Monfils finds eToro’s service ace – and is urging others from around the globe to join him on the platform. And given his impressive track record in crypto trading he is good value for users looking to use the CopyTrader tool.
Being a successful graduate of Belarusian State Economic University (BSEU), Maria has acquired competencies in economic and social studies. Given Maria’s previous research working experience, and desire to explore what's really shaping the future, the main research focus is placed on FinTech and Blockchain Technology.