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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it will finally be launching its platform in the U.S. https://www.click4r.com/posts/g/3662927/how-to-buy-bitcoin , which is in operation in more than 140 international countries, would be available in 30 states and two territories . It also has plans to expand further in the U.S. after receiving the needed regulatory approvals.<p></p><p>The U.S. platform will only permit trading of crypto assets initially, however eToro plans to expand its categories of assets within the next 12 months. Within the existing markets of eToro, its more than 10 million customers can trade and hold more than 1500 asset classes and markets including bonds, stock and cryptocurrencies, as well as fiat currencies commodities, and many more.</p><p>While eToro is able to support more advanced trading strategies -- such as short-selling and using leverage, the system's transparency and community involvement capabilities make great tools used by beginners to master the capital markets , and also learn to trade.</p><p></p><p>EToro is a combination of social network, trading platform plus a resource for learning. Anyone who registers on eToro has the ability to see, post comments and even copy the trading actions and actions of all others on the network, as well as their realized losses and gains so far (though only by a percentage to secure sensitive financial information). While studying the strategies used by their peers or using the platform, users can play with virtual currency and get a better understanding and to practice before actual risking their money.</p><p>Based on a trader's performance record, other members can copy their portfolios using eToro's "CopyTrader?" feature, which will not only allocate funds to match the investor's portfolio but can also automatically complete any trade the copied investor's make. Furthermore users also have the option to interact, post comments on or engage with certain people, assets, or markets, so that they can participate in discussions and latest news in their area of interest.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>Although the service is limited to crypto at the time of launch, virtually all features currently available to eToro's international markets will also be available in the U.S. And alongside its trading platform, the company is launching their digital multi-signature eToro wallet, which users can store, exchange and receive multiple coins across a multitude of different cryptocurrencies.</p><p>Through your eToro accounts U.S. users can currently transfer cryptocurrency to and from their trading account . Additionally, they could easily convert between them, as well. The wallet is initially able to support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but it is planned to add additional currencies possible in the near term.</p><p>EToro users can perform transactions and share trading activities and performance of their portfolios with other EToro users Users can also discuss ideas that are executed using real dollars</p><p></p><p>The expansion strategy, however, doesn't come without risks. EToro enters a competitive market -- along with other popular trading platforms like Coinbase as well as Robinhood -it is also launching its solely in the middle of "crypto winter," where massive weakness has plagued the sector.</p><p>A portion of the strategy can be directly related to the fact crypto is a lighter lift from a licensing point of view compared and other investment classes in the highly complex and strict U.S. regulatory environment. But the company's plan to launch its product is also solidly rooted in the company's belief in the vast market opportunities in the currency 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, in a interview with TechCrunch?.</p><p>EToro is taking long-term perspective with the company's strategy and isn't deterred by the current cryptocurrency weakness. Assia has compared the current market weakness and the dot.com bubble, in which, despite the downturn, the internet continued to be a force that destroyed the economy in long run. Like online, Assia is also eToro believe there will be enough room for multiple winners in the broader crypto ecosystem.</p><p>The company was the first platform in its markets to allow Ethereum and Ripple, and believes that as similar currencies mature and the future generation of investors mature, eToro will be there to help the two currencies in the way they need it.</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>