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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced it will launch its online platform to the U.S. The platform, which currently operates in over 140 different countries, will soon be available in 30 states and two regions with plans to expand across the U.S. after receiving the required regulatory approvals.<p></p><p>The U.S. platform will only allow trading of crypto currencies when it launches, but eToro intends to include additional categories of assets within the next twelve months. In the markets currently offered by eToro, the company's 10 million-plus users are able to deal and hold more than 1500 asset classes and markets such as bonds, shares, cryptocurrencies, fiat currencies commodities, and many more.</p><p>Although eToro even supports more advanced trading strategies -- including short-selling as well as the use of leverage, the service's transparency features and community engagement features can be great tools for people who are new to the capital markets , and also learn to trade.</p><p></p><p>EToro is a trading platform, social network or educational platform. Everyone who joins eToro has the ability to see, post comments and copy the trading activity of everyone else on the network, as well as their actual profits and losses to date (though only at a % basis to safeguard sensitive financial data). While studying the strategies of their fellow traders and trading partners, members can choose to invest in virtual currencies to practise and train effectively before actually risking their own money.</p><p>If you want to, based on the trading history, users can select to mirror their portfolio through eToro's "CopyTrader?" feature, which doesn't just proportionally allocate funds in line with the trader's portfolio, but will also make any trade copied investor's makes. Additionally they are also able to share, discuss and engage with specific users, asset types or markets -- permitting them to join in the most current debates and news on their particular field of interest.</p><p>Although it's only limited to crypto at launch, basically all of the features available on eToro's previous countries will be accessible throughout the U.S. And alongside its trading platform in the coming months, the company will also launch an online multi-signature eToro wallet. This wallet will let users can save, transfer and receive multiple coins across a multitude of cryptocurrencies.</p><p>With one of their eToro and eToro accounts U.S. users can move cryptocurrencies onto and from their trading account . They will be able to convert between them and also. The wallet's initial support will include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies readily available in the coming months.</p><p>EToro users can execute transactions in exchange for sharing trading activities and performance of their portfolios with the community which allows users to exchange ideas , and then execute the transactions using real dollars</p><p></p><p>The expansion plan, howeverdoes have a low the risk. http://cqms.skku.edu/b/lecture/806425 is entering a competitive market -- with top trading platforms such Coinbase as well as Robinhood -and has announced a digital currency-only platform in the middle of "crypto winter," where widespread weakness has plagued the sector.</p><p>The reason behind this strategy is because crypto is lighter from a licensing standpoint in comparison to the rest of the asset class within the highly unstructured and strict U.S. regulatory environment. However, eToro's approach to launch is also in the company's belief in an enormous market opportunity that is available through the digital tokenization of asset.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><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 interview with TechCrunch?.</p><p>EToro is taking long-term perspective with its approach and isn't overthrown with the current crypto weakness. Assia identified the weakness in the market to that of the dot com bubble, even though it crashed, the internet persisted and affected the economy in the longer term. And just like with it, Assia and eToro believe that there will be more than enough room to make multiple winners in cryptocurrency's larger ecosystem.</p><p>The company was the first platform in its markets to offer support for Ethereum and Ripple and believes that as similar currencies and the next generation of investors mature, eToro will be there to support them wherever they are 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>