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iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced that it will officially launch its online platform to the U.S. The platformthat already operates in more then 140 different countries, will soon be accessible in 30 states and two jurisdictions with plans to expand across the U.S. after receiving the necessary regulatory approvals.<p></p><p>The U.S. platform will only allow trading of crypto assets at the time of launch, however eToro plans to add additional assets classes within the next twelve months. Within the existing markets of eToro, its 10 million plus customers can exchange and keep more than 1500 asset classes in markets, including stocks, bonds along with cryptocurrencies, fiat currencies commodities and more.</p><p>Though eToro has more advanced trading strategies , such as short-selling , as well as the use leverage -- the system's transparency and community involvement functions are great resources for people who are new to the markets and discover how to trade.</p><p></p><p>EToro is equal parts social network, trading platform or educational platform. Anyone who sign-ups for eToro can access, read, and comment on and copy the trading activity as well as the other members on the network, as well as their realized profits and losses to date (though only in a percentage-based basis to protect sensitive financial information). While studying https://controlc.com/3fd7c195 of their peers as well, they are able to invest in virtual currencies to make practice and improve their skills prior to even putting their money on the line.</p><p>Or, depending on a previous track record of a trader, other users are able to duplicate their portfolio using eToro's "CopyTrader?" feature, which doesn't just proportionally allocate funds in line with the trader's portfolio, but will also make any trade the copied investor's make. On top of that it allows members to interact, post comments on or engage with certain users, assets or markets, permitting them to join in discussions and latest news in their area of interest.</p><p>Although it is limited to crypto initially, almost all the same features available in eToro's existing market will be available throughout the U.S. And alongside its trading platform and services, the company has launched the digital multi-signature eToro wallet. With it, users can manage, store and receive numerous coins across a variety of crypto currencies.</p><p>Through Their eToro Accounts, U.S. users can currently transfer cryptocurrency to and from their trading accounts and can easily convert between the two as well. The wallet initially supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to add additional currencies accessible in the near future.</p><p>EToro users are able to make transactions or share trading data and portfolio performance with the community with the ability to discuss concepts that are implemented using real dollars</p><p></p><p>The expansion strategy, however, doesn't come without the risk. EToro is entering a highly competitive marketplace , alongside major trading platforms like Coinbase as well as Robinhood -and has announced a exclusive crypto version in the midst of "crypto winter," where widespread weaknesses have plagued the sector.</p><p>A significant part of the plan is directly related to the fact crypto is a more relaxed option from a licensing perspective relative against other assets in the highly restrictive and fragmented U.S. regulatory environment. However, eToro's approach to launch has its roots into the company's belief the huge market potential which is created by the tokenization of the 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 conversation with TechCrunch?.</p><p>EToro has an outlook on the future with the company's strategy and isn't deterred at by the current market weakness. Assia equated the market softness to that of the dot com bubble where despite the crash, the internet still permeated and disrupted the economy in the long term. Like an internet connection, Assia together with eToro believe there will be enough space to make multiple winners in the broader crypto ecosystem.</p><p>The company was the very first market to accept Ethereum and Ripple and is confident that as similar currencies and the next generation of investors mature, eToro will be there to assist the two currencies 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," 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>