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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced it will be launching it's platform across the U.S. https://cerealtub4.bravejournal.net/post/2022/02/11/How-to-Buy-Bitcoin , which is available in more than 140 international countries, would be accessible in 30 states and two territories . It also has plans to expand throughout the U.S. after receiving the required regulatory approvals.<p></p><p>Its U.S. platform will only allow trading of crypto assets when it launches, but eToro plans to add more types of assets in the coming 12 months. With the existing markets, its 10 million plus customers are able to hold and trade more than 1500 asset classes and markets comprising bonds, stocks cryptocurrency, fiat currencies commodities and more.</p><p>Though eToro is able to support more advanced trade strategies -- which include selling short and the use of leverage -- the platform's transparency and engagement features make it a great tool for newcomers to explore the markets and discover how to trade.</p><p></p><p>EToro is equal parts trading platform, social network for education and trading platform. Everyone who joins eToro is able to view, comment on or copy the trading activities from everyone else on the network, in addition to their real-time returns and losses up to date (though only in a percentage-based basis to safeguard sensitive financial data). While studying other traders' strategies customers can also use virtual currency in order to learn and practice before actual risking their money.</p><p>On the other hand, based on a trader's performance record, other users may choose to copy their portfolio through eToro's "CopyTrader?" feature, which is not only able to allocate funds in line with the trader's portfolio, it can also perform any trade that the copy investor does. Furthermore they are also able to post comments, share information or engage with specific users, asset types or markets -- allowing them to participate in the most current debates and news about their specific area of interest.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>While the platform is restricted to crypto when it first launched, most of the features currently available to eToro's regions will be made available at a lower cost in the U.S. And alongside its trading platform the company has announced its own digital multisignature eToro wallet. It will allow users have the ability to store, send and receive multiple coins using a variety of crypto currencies.</p><p>Through them with their eToro clients, U.S. users can now transfer cryptocurrency into and from their trading account and have the ability to easily convert between as well. The wallet will initially accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies to be available in near future.</p><p>EToro users can make transactions or share trading data and portfolio performance with the community with the ability to discuss ideas , and then execute the transactions using real dollars</p><p></p><p>The expansion program, however come without risk. EToro has entered a highly competitive marketplace , along with popular trading platforms , such as Coinbase as well as Robinhood -and is also launching a cryptocurrency-only version during the midst of "crypto winter," where widespread weakness has plagued the sector.</p><p>Part of the strategy is in part due to the reality that crypto is a more relaxed option from a licensing perspective relative with other classes of assets in the highly restrictive and fragmented U.S. regulatory environment. But eToro's launch strategy is also deeply rooted within the company's conviction in the immense market opportunity associated with the digital tokenization of asset.</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 remarked in a conversation with TechCrunch?.</p><p>EToro has the long view with its plan of action and isn't being frightened at by the current market weakness. Assia was comparing the market's softness on the other hand to the dot-com bubble that despite the downfall, the internet was still a major factor and affected the economy in the longer term. Similar to Internet, Assia and eToro believe there will be enough room for multiple winners within the wider crypto economy.</p><p>The company was the first market to accept Ethereum and Ripple and believes that as similar currencies develop and the new generation of investors get older, eToro will be there to help them 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," Assia 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>