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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it is launching its services in the U.S. The platform, that currently is available in more than 140 countries, will be available in 30 states and two regions with plans to expand elsewhere in the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>This U.S. platform will only permit trading of crypto assets when it launches, but eToro plans to add additional asset classes within the next 12 months. In eToro's existing markets, the more than 10 million users are able to trade and store more than 1500 different asset classes and markets including bonds, stocks crypto currencies, cryptocurrencies, commodities and more.</p><p>Although eToro has more advanced trading strategies , including short-selling and leverage, the service's transparency features and community engagement functions are great resources for beginners to learn the capital markets as well as how to trade.</p><p></p><p>EToro is a social network, trading platform or educational platform. Anyone who signs up for eToro can see, comment and copy the activity of other members of the network, in addition to their realized losses and gains to date (though only on a percentage basis in order to safeguard confidential financial information). While studying http://cqms.skku.edu/b/lecture/801695 of their counterparts they can also choose to play with virtual currency and learn and practice before placing their money at risk.</p><p>In addition, based on a trader's past performance, other users may decide to imitate the portfolio using eToro's "CopyTrader?" feature, which allows for a proportional allocation of funds in accordance with the trader's portfolio but can also automatically make any trade copied investor's. Additionally, members are also able to share, discuss and engage with certain people, assets, or markets -- permitting them to join in all the latest debates and information about their specific area of interest.</p><p>Although it's only limited to crypto at the time of launch, practically all of these features available in eToro's existing market will be available to users in the U.S. And alongside its trading platform the company is launching their digital multi-signature eToro wallet. Users can send, store and receive multiple coins across a multitude of different cryptocurrencies.</p><p>With Their eToro Accounts, U.S. users can now transfer cryptocurrency into and from their trading accounts. They are able to convert them easily 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 readily available in the coming months.</p><p>EToro users can transact and share trading activities and performance of their portfolios with other EToro users in order to discuss concepts that are implemented using real dollars</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>The expansion plan, however come without risk. EToro plans to enter a highly competitive marketplace , alongside famous trading platforms such as Coinbase and Robinhood -it is also launching its solely in the middle of "crypto winter," where massive weakness has plagued the sector.</p><p>Part of the reason for this is because crypto is an easier lift from a licensing perspective relative with other classes of assets in the strict and highly fragmented U.S. regulatory environment. But the company's plan to launch its product is also deeply rooted on the company's belief of an enormous market opportunity associated with 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 conversation with TechCrunch?.</p><p>EToro has an approach that is long-term in its approach and isn't overthrown by the current cryptocurrency weakness. Assia equated the market softness to the dot-com bubble where , despite the collapse, the internet continued to permeate and created disruption in the long run. Similar to the internet, Assia is also eToro believe that there is more than enough space for multiple winners in the broader crypto ecosystem.</p><p>The company was the first platform which was able to integrate Ethereum and Ripple and believes that , as similar currencies and the future generation of investors mature, 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," 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>