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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? trading and social investing platform eToro announced it is launching its website in U.S. Its platform, currently has operations in more that 140 countriesaround the world, will now be accessible in 30 states and two regions with plans to expand outside of the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>This U.S. platform will only provide trading support for crypto assets initially, however eToro plans to expand its asset classes within the next twelve months. In the markets currently offered by eToro, its customers of 10 million are able to hold and trade more than 1500 asset classes and markets that include bonds, stocks crypto currencies, cryptocurrencies commodities and more.</p><p>Even though eToro offers more advanced trade strategies -- which include trading with short-terms and leverage, the platform's transparency , community engagement functions are great resources that help beginners understand trading markets and learn to trade.</p><p></p><p>EToro is equal parts social network, trading platform as well as an educational tool. Everyone who joins eToro is able to observe, comment and even copy the trading actions for everyone else on the network, and also their realized losses and gains so far (though only by a percentage to secure sensitive financial information). While learning from other traders' strategies customers can also use virtual currency in order to be able to train and practice their skills before even putting their money on the line.</p><p>Alternatively, based on a trading history, users can choose to mimic their portfolio with eToro's "CopyTrader?" feature, which does not just allocate funds in accordance with the trader's portfolio, but also will automatically take any trade the copied investor's makes. On top of that the members can also be able to share, make comments on, engage with or follow certain individuals, assets, or markets, permitting them to join in the latest discussion and updates in their area of interest.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>However, despite being restricted in the beginning to crypto, practically all of these features that are available on eToro's current geographic markets will be accessible on the U.S. And alongside its trading platform the company has announced it's digital multi-signature eToro wallet, where users can store, send and receive several coins across a range of cryptocurrency.</p><p>With one of their eToro and eToro accounts U.S. users can currently transfer cryptocurrency to and from their trading account . They can easily convert between them and also. https://anotepad.com/notes/aqtcmbg4 will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to make additional currencies available in the near future.</p><p>EToro users can carry out transactions and share their trading activity and performance of their portfolios with the community that allows users to talk about ideas and execute them using real dollars</p><p></p><p>The expansion plan, howeverdoes come without risk. EToro moves into a competitive market -- alongside well-known trading platforms such as Coinbase and Robinhood -it is also launching its digital currency-only platform in the middle of "crypto winter," where massive weakness has plagued the sector.</p><p>The reason behind this strategy is attributable to the fact that crypto is less expensive from a licensing point of view compared with other classes of assets in the highly unstructured and strict U.S. regulatory environment. However, the eToro launch strategy has its roots by its belief in the vast market opportunity due to the asset tokenization.</p><p>"We think [the tokenization of assets] is a bigger opportunity than the internet and we have to be in the U.S. when it happens, given it's the financial hub in the world," eToro founder and CEO Yoni Assia stated in a conversation with TechCrunch?.</p><p>EToro has long-term perspectives with the company's strategy and isn't deterred off by the current weakening of crypto. Assia related the market's decline in the wake of the dot-com crash, with the result that, despite the crash Internet still permeated and perturbed the economy over the long-term. Just like Internet, Assia along with eToro believe there will be more than enough space for multiple winners in the wider crypto economy.</p><p>It was the first market platform that supported Ethereum and Ripple, and believes that , as these currencies and the future generation of investors mature, eToro will be there to support any time and any way they require.</p><p>"When I founded eToro, I envisioned a community where people could trade, invest and share their knowledge in a simple and transparent way," said Assia. "EToro also acts as a bridge between the old world of investing and a blockchain-powered future, helping our users navigate and benefit from the transition to crypto assets for wealth building."</p>