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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? trading and social investing platform eToro announced it will launch their platform within the U.S. The platform, that currently operates in more 140 nations, is now available in 30 states and two jurisdictions with plans to expand throughout the U.S. after receiving the necessary regulatory sign-offs.The U.S. platform will only permit trading of crypto assets at the time of launch, however eToro is planning to launch additional asset classes in the next 12 months. In the markets currently offered by eToro, the company's more than 10 million users can exchange and keep more than 1500 asset classes in markets, including stocks, bonds and cryptocurrencies, as well as fiat currencies commodities, and more.Although eToro even supports more advanced techniques for trading -- such as short-selling and leverage -- the platform's transparency , community engagement features can be great tools for newcomers to explore the capital markets and understand how to trade.EToro is equal parts social network, trading platform for education and trading platform. Users who sign up to eToro can observe, share and replicate the trading activities as well as the other members on the network, in addition to their realized returns and losses so far (though only at a % basis to safeguard sensitive financial data). While studying https://anotepad.com/notes/e6a6ipr9 of their colleagues customers can also put money into virtual currency so that they can be able to train and practice their skills before actual risking their money.Or, depending on a trader's record, other users can choose to mimic the portfolio using eToro's "CopyTrader?" feature, which is not only able to allocate funds in line with the trader's portfolio, but it also allows the copied investor to automatically create any trade the copied investor makes. Furthermore, members are also able communicate, leave comments on or engage with specific users, assets or markets, so that they can participate in the latest discussions and news in their area of interest.Although it's only limited to crypto at launch, virtually all features available on eToro's previous global markets will be available within the U.S. And alongside its trading platform the company has announced the digital multi-signature eToro wallet, where users can store, send and receive various coins across a variety of different cryptocurrencies.With them with their eToro Accounts, U.S. users can transfer cryptocurrency funds to and from their trading accounts. And they can easily convert between them in addition. It will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but they plan to launch additional currencies to be available in near future.EToro users can make transactions while sharing their trading actions and performance of their portfolios with other EToro users with the ability to discuss ideas that are executed using real dollarsThe expansion program, however have a low the risk. EToro enters a competitive market -- along with other top trading platforms such Coinbase as well as Robinhood -it is also launching its crypto-only version in the midst of "crypto winter," where wide-spread weakness has plagued sector.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>The strategy's success is partly due to the fact cryptocurrency is considered to be a less costly asset in terms of licensing compared and other investment classes within the extremely regulated and fragmented U.S. regulatory environment. But eToro's launch strategy is also into the company's belief the vast market opportunities that comes with cryptocurrency tokenization."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 told a conversation with TechCrunch?.EToro is taking an outlook on the future with its strategy and isn't thrown by the current weakness in crypto. Assia was comparing the market's softness as the dot-com boom that despite the downfall, the internet still permeated and affected the economy in the long term. Just like it, Assia as well as eToro believe there will be enough space to make multiple winners in the broader crypto ecosystem.It was the first platform in its market which was able to integrate Ethereum and Ripple, and believes that as similar currencies develop and the next generation of investors mature, eToro will be there to help them wherever they are in the way they need it."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."

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