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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced that it will officially launch its website in U.S. The platform, that currently operates in more 140 countriesaround the world, will now be accessible in 30 states and two jurisdictions with plans to expand outside of the U.S. after receiving the necessary regulatory sign-offs.<p></p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>Its U.S. platform will only allow trading of crypto currencies at the time of launch, however eToro plans to expand its types of assets in the coming 12 months. In eToro's existing markets, the company's 10 million+ users are able to deal and hold more than 1500 different asset classes as well as markets comprising bonds, stocks and cryptocurrencies, as well as fiat currencies commodities, and many more.</p><p>Even though eToro has more advanced trading strategies such as short-selling , as well as the use leverage, the features of the platform's transparency and social engagement features make it a great tool for those who are just beginning to understand the capital markets and understand how to trade.</p><p></p><p>EToro is a combination of trading platform, social network for education and trading platform. https://www.click4r.com/posts/g/3674970/how-to-buy-bitcoin who joins eToro will be able to read, write about or copy the trading activities for everyone else on the network, and also their real-time returns and losses to date (though only in a percentage-based basis to safeguard confidential financial information). While learning from the strategies used by their peers or using the platform, users can invest in virtual currencies to test their skills and gain experience before taking the plunge and risking their own funds.</p><p>Additionally, based upon a trading history, users may choose to copy their portfolio using eToro's "CopyTrader?" feature, which not only proportionally allocates money to match the trader's portfolio, but will also complete any trade the copy investor does. On top of that users are also able communicate, leave comments on the posts of certain individuals, assets, or markets -- allowing them to participate in the most recent discussions and news in their area of interest.</p><p>While the platform is restricted to cryptocurrency at first, practically all of these functions available on the existing global markets will be available in the U.S. And alongside its trading platform, the company is launching its multi-signature digital eToro wallet, where users can store, send and receive multiple coins across a multitude of different cryptocurrencies.</p><p>By using Their eToro account, U.S. users can currently transfer cryptocurrency to and through their trading account. In addition, they can easily convert between the two as well. https://notes.io/U9b2 supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to add additional currencies available in the near future.</p><p>EToro users are able to make transactions and share trading activities and performance of their portfolios with other EToro users in order to discuss strategies that are then executed with real dollars</p><p></p><p>The expansion strategy, however, doesn't have a low the risk. EToro wants to join a competitive market -- alongside popular trading platforms , such as Coinbase as well as Robinhood -and is planning to launch a crypto-only version in the midst of "crypto winter," where widespread weakness has afflicted the sector.</p><p>A portion of the strategy can be partly due to the fact cryptocurrency is considered to be a less costly asset in terms of licensing against other assets within the highly restrictive and fragmented U.S. regulatory environment. However, the launch strategy of eToro has its roots in the firm's belief in the vast market opportunities due to 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 said during a interview with TechCrunch?.</p><p>EToro is taking an outlook on the future with its approach and isn't overthrown by the current cryptocurrency weakness. https://controlc.com/b9c18d9e equated the market softness with the bubble of dotcom, that despite the downfall, the internet still permeated and destroyed the economy in long run. And just like with it, Assia along with eToro believe there will be more than enough space for multiple winners in the larger crypto-related ecosystem.</p><p>It was the first platform that supported Ethereum and Ripple and believes that , as these currencies and the new generation of investors get older, eToro will be there to help them wherever they are 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>