bondharding292525

Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it will launch its online platform to the U.S. The platform, which operates in more than 140 countries available in 30 states and 2 territories, with plans for expansion elsewhere in the U.S. after receiving the necessary regulatory approvals.<p></p><p>This U.S. platform will only allow trading of crypto currencies initially, however eToro plans to add additional asset classes in the coming 12 months. In the current market, the 10 million or more users can trade and store more than 1,500 different asset classes and markets, including stocks, bonds and cryptocurrencies, as well as fiat currencies commodities and more.</p><p>Although eToro can also support more advanced trading strategies , such as short-selling as well as using leverage -- the platform's transparency and engagement features act as great tools in helping beginners learn about capital markets and understand how to trade.</p><p></p><p>EToro is a combination of trading platform, social network in addition to an academic resource. Anyone who sign-ups for eToro can view, discuss and record the trading activity from everyone else on the network, in addition to their own realized gains and losses so far (though only by a percentage to protect sensitive financial information). While studying the strategies used by their peers and trading partners, members can choose to trade with virtual currency to test their skills and gain experience before investing their own money.</p><p>On the other hand, based on a traders track record, users may choose to copy their portfolio with eToro's "CopyTrader?" feature, which will not only allocate funds in accordance with the trader's portfolio but can also automatically take any trade the copied investor performs. Additionally users are also able to share, discuss or engage with certain people, assets, or markets, making it possible for them to take part in all the latest debates and information in their specific field of interest.</p><p>However, despite being restricted to cryptocurrency at first, virtually all features available in eToro's existing countries will be accessible on the U.S. And alongside its trading platform and its trading platform, the company will launch the multi-signature eToro wallet. With it, users can manage, store and receive multiple coins from a variety of cryptocurrency.</p><p>Utilizing them with their eToro account, U.S. users can now transfer cryptocurrencies to and from their trading accounts and 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 the company intends to make additional currencies readily available in the coming months.</p><p>EToro users can use transactions in exchange for sharing trading activities and performance of their portfolios with other EToro users with the ability to discuss ideas , and then execute the transactions using real dollars</p><p></p><p>The expansion plan, however, does not come without risk. EToro has entered a competitive market -- alongside popular trading platforms like Coinbase and Robinhood -as well as launching its crypto-only version in the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>A significant part of the plan is in part due to the reality that crypto is an easier lift from a licensing standpoint compared with other classes of assets within the highly unstructured and strict U.S. regulatory environment. However, the eToro launch strategy is also firmly rooted by its belief in the enormous market potential that comes with tokenization of assets.</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?.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>EToro is taking the long view with its strategy and isn't thrown by the current cryptocurrency weakness. Assia said that the market's weakness is similar as the dot-com boom, where despite the crash, the internet was still a major factor and created disruption in the long-term. Like https://bvphusanct.com.vn/Default.aspx?tabid=120&ch=13617 , Assia as well as eToro believe there will be more than enough room to make multiple winners in the larger crypto ecosystem.</p><p>The company was the first market to offer support for Ethereum and Ripple and is confident that as similar currencies and the new generation of investors get older, eToro will be there to support them wherever they are 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," 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>