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Robinhood Reports Fourth Quarter and Full Year 2021 Results<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>The social trading and investing platform eToro announced they will soon launch its website in U.S. The platformwhich has operations in more that 140 countries available in 30 states and two jurisdictions with plans to expand beyond the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>This U.S. platform will only allow trading of crypto currencies in the beginning, but eToro plans to offer additional asset classes over the course of the next 12 months. On eToro's current markets, the company's 10 million-plus users can exchange and keep more than 1500 different asset classes and markets including bonds, stocks or cryptocurrencies, currencies that are fiat, commodities and more.</p><p>Though eToro does support more advanced trading strategies , including trading with short-terms and leverage, the platform's transparency and engagement features can be great tools for novices to get familiar with the markets and discover how to trade.</p><p></p><p>EToro is a combination of social network, trading platform as well as an educational tool. Anyone who sign-ups for eToro can see, comment and follow the trading actions that other users of the network, and also their realized losses and gains so far (though only on a per-cent basis to protect confidential financial information). While studying the techniques of their counterparts or using the platform, users can put money into virtual currency so that they can get a better understanding and to practice before placing their money at risk.</p><p>On the other hand, based on a previous track record of a trader, other users may choose to copy their portfolio through eToro's "CopyTrader?" feature, which does not just allocate money to match the trader's portfolio, but also will automatically make any trade the copy investor does. In addition it allows members to share, discuss and engage with specific users, assets or markets -- which allows them to be part of the most recent discussions and news concerning their area of interest.</p><p>While the platform is restricted by crypto at launch basically all of the features available in the existing locations will be offered within the U.S. And alongside its trading platform, the company is launching their digital multi-signature eToro wallet, which users have the ability to store, send and receive multiple coins from a variety of different cryptocurrencies.</p><p>By using the eToro account, U.S. users can transfer cryptocurrencies into and from their trading account . Additionally, they is able to easily convert between them as well. The wallet will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to add additional currencies readily available in the coming months.</p><p>EToro users can carry out transactions in exchange for sharing trading activities and portfolio performance with the community with the ability to discuss options that are executed using real dollars</p><p></p><p>The expansion plan, however, does not have a low risk. EToro has entered a competitive market, along with other highly-rated trading platforms like Coinbase and Robinhood -- and is launching its only in crypto during the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>Part of the strategy is due to the fact that crypto has a lower cost in terms of licensing in comparison to the rest of the asset class in the strict and highly fragmented U.S. regulatory environment. However, the strategy behind eToro's launch is also solidly rooted into the company's belief the huge market potential that exists 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 told a conversation with TechCrunch?.</p><p>EToro has an approach that is long-term in its plan of action and isn't being frightened off by the current weakening of crypto. http://www.docspal.com/viewer?id=- described the market's weakening in the wake of the dot-com crash that despite the downfall, the internet still permeated and caused disruption to the economy in long-term. And just like with the web, Assia is also eToro believe there will be enough room for multiple winners in the wider crypto industry.</p><p>The company was the very first market to allow Ethereum and Ripple and believes that as the two currencies are similar and the future generation of investors mature, eToro will be there to support them 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," 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>