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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it will be launching it's platform across the U.S. The platformwhich operates in over 140 countriesaround the world, will now be available in 30 states and two jurisdictions with plans to expand throughout the U.S. after receiving the necessary regulatory approvals.<p></p><p>Its U.S. platform will only offer trading on crypto assets in the beginning, but eToro is planning to launch additional categories of assets within the next twelve months. In the eToro markets that are currently available, the 10 million or more users are able to trade and manage more than 1,500 different asset classes and markets, including stocks, bonds the cryptocurrencies, fiat currencies commodities, and many more.</p><p>Though eToro has more advanced trading strategies -- including short-selling , as well as the use leverage, the service's transparency features and community engagement capabilities are excellent tools that help beginners understand trading markets and learn to trade.</p><p></p><p>EToro is a social network, trading platform and educational resource. Anyone who registers on eToro will be able to read, write about as well as copy the trades of all other users on the network, in addition to their realized profits and losses to date (though only on a percentage basis to secure sensitive financial information). While studying https://anotepad.com/notes/pj726ktc of their counterparts Users can decide to 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 trader's past performance, other members can copy their portfolios by using the "CopyTrader?" feature, which is not only able to allocate funds to fit the trader's portfolio but can also automatically execute any trade that the copied investor's makes. Additionally users also have the option to share, discuss as well as follow particular users, assets, or markets -- making it possible for them to take part in the latest discussions and news about their particular area of interest.</p><p>While it will be limited in the beginning to crypto, basically all of the features available in eToro's existing geographic markets will be accessible across the U.S. And alongside its trading platform in the coming months, the company will also launch its own digital multisignature eToro wallet. With it, users can manage, store and receive multiple coins across a multitude of crypto currencies.</p><p>Utilizing your eToro clients, U.S. users can transfer cryptocurrencies into and from their trading account and could easily convert between them and also. The wallet at first will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company intends to make additional currencies to be available in near future.</p><p>EToro users can make transactions as well as share their trading activities and portfolio performance with the community with the ability to discuss ideas and implement them with real dollars</p><p></p><p>The expansion program, however have a low the risk. EToro plans to enter a highly competitive marketplace -- alongside other highly-rated trading platforms like Coinbase as well as Robinhood -and has announced a cryptocurrency-only version during the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>Part of the strategy is directly related to the fact crypto is a lighter lift in terms of licensing the other types of asset within the highly restrictive and fragmented U.S. regulatory environment. However, the eToro launch strategy is also heavily rooted by its belief in huge opportunities for market growth in the crypto tokenization.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>"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 interview with TechCrunch?.</p><p>EToro is taking an opportunistic approach to its strategy and isn't thrown into the current crypto slump. Assia identified the weakness in the market on the other hand to the dot-com bubble even though it crashed, the internet still permeated and perturbed the economy over the long run. Like online, Assia together with eToro believe there will be enough room to make multiple winners in the larger crypto ecosystem.</p><p>It was the first platform in its markets to be able to support Ethereum and Ripple, and believes in the future that as related currencies and the next generation of investors mature, eToro will be there to assist their users in any way that 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," 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>