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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it will finally be launching its platform in the U.S. http://www.docspal.com/viewer?id=- , which already is available in more than 140 nations, is now accessible in 30 states and two states with plans to expand throughout the U.S. after receiving the needed regulatory approvals.<p></p><p>Its U.S. platform will only provide trading support for crypto assets in the beginning, but eToro plans to introduce additional asset classes in the next twelve months. In the eToro markets that are currently available, the more than 10 million users are able to buy and sell more than 1500 different asset classes and markets which include bonds, stocks, cryptocurrencies, fiat currencies commodities and more.</p><p>Even though eToro is able to support more advanced trade strategies -- which include short-selling as well as the use of leverage, the system's transparency and community involvement features are great tools used by beginners to master the capital markets , and also learn to trade.</p><p></p><p>EToro is a social network, trading platform for education and trading platform. Anyone who sign-ups for eToro can see, comment and even copy the trading actions that other users of the network, and also the actual losses and returns up to date (though only on a percentage basis to ensure the security of sensitive financial information). While studying the strategies used by their peers customers can also put money into virtual currency so that they can practice and effectively train before making a decision to invest their own money.</p><p>In addition, based on a trading history, users may choose to copy their portfolio using eToro's "CopyTrader?" feature, which can not only distribute funds to match the trader's portfolio, but it also allows the copied investor to automatically perform any trade that the copy investor does. In addition members also have the ability communicate, leave comments on as well as follow particular individuals, assets or markets -- and participate in the latest discussions and news about their specific area of interest.</p><p>Although it is limited to crypto initially, nearly all of the features available in the existing geographic markets will be accessible for users within the U.S. And alongside its trading platform and its trading platform, the company will launch its multi-signature digital eToro wallet. With it, users can save, transfer and receive multiple coins across a multitude of cryptocurrency.</p><p>With them with their eToro Accounts, U.S. users can now transfer cryptocurrency into and from their trading accounts. They can easily convert between them as well. The wallet at first will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but it is planned to add additional currencies available in the near future.</p><p>EToro users can perform transactions and share their trading activity and performance of their portfolios with other EToro users that allows users to talk about strategies that are then executed with real dollars</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>The expansion plan, however, doesn't come without the risk. EToro is entering a highly competitive market, along with other highly-rated trading platforms like Coinbase as well as Robinhood -in addition to launching its only in crypto during the midst of "crypto winter," where wide-spread weakness has plagued sector.</p><p>A significant part of the plan is because crypto has a lower cost from a licensing perspective relative in comparison to the rest of the asset class within the extremely regulated and fragmented U.S. regulatory environment. However, eToro's strategy for launching has its roots into the company's belief the vast market opportunity that is available through 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 mentioned in a conversation with TechCrunch?.</p><p>EToro is taking an approach that is long-term in its approach and isn't overthrown by the current crypto market weakness. Assia equated the market softness by comparing it to the dotcom bubble in which, despite the downturn, the internet continued to be a force that affected the economy in the long run. And just like with web-based technology Assia is also eToro believe that there will be more than enough room to make multiple winners in cryptocurrency's larger ecosystem.</p><p>It was the first platform that supported Ethereum and Ripple, and believes in the future that as related currencies and the new generation of investors get older, eToro will be there to help them wherever they are in whatever way they need.</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," Assia 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>