If I copy a trader who is investing in cryptocurrencies, what type of position do I have?

If you copy another trader's crypto position, or invest in crypto via CopyPortfolios, the position that opens for you is the same as the original position - real crypto trades are copied as real positions; CFD positions are copied as CFD positions. However, margin trades, and real trades copied by clients of eToro Aus Capital Pty Ltd, are copied as CFDs.