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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it will launch its website in U.S. Its platform, which has operations in more that 140 nations, is now accessible in 30 states and two territories . It also has plans to expand elsewhere in the U.S. after receiving the needed regulatory approvals.The U.S. platform will only permit trading of crypto assets initially, however eToro plans to expand its asset classes in the next twelve months. In the current market, its 10 million plus customers can trade and manage more than 1,500 different asset classes and markets including bonds, stock and currencies such as cryptocurrencies, fiat currency commodities and more.Though eToro even supports more advanced techniques for trading -- such as short-selling as well as the use of leverage, the features of the platform's transparency and social engagement capabilities make great tools for those who are just beginning to understand the capital markets as well as how to trade.EToro is a social network, trading platform in addition to an academic resource. Anyone who joins eToro will be able to read, write about and record the trading activity of other members of the network, as well as their own realized gains and losses up to date (though only according to a percentage, in order to secure sensitive financial information). While learning from the strategies used by their peers as well, they are able to trade with virtual currency to practise and train effectively before actually risking their own money.Or, depending on a trader's performance record, other members can copy their portfolios by using the "CopyTrader?" feature, which not only proportionally allocates funds in line with the trader's portfolio, but also automates complete any trade the copied investor makes. Additionally, members are also able to post comments, share information or interact with particular individuals, assets or markets -- giving them the opportunity to engage in the latest debate and news regarding their particular area of interest.Although it's only limited to crypto when it first launched, basically all of the features that exist in the current geographical markets will be available at a lower cost in the U.S. And alongside its trading platform, the company is launching their digital multi-signature eToro wallet. Users can manage, store and receive several coins across a range of cryptocurrency.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>Utilizing the eToro Accounts, U.S. users can transfer cryptocurrency to and from their trading account and have the ability to easily convert between as well. It will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but it is planned to add additional currencies available in the near future.EToro users can make transactions and share trading and performance of their portfolios with the community with the ability to discuss ideas that can be executed using real dollarsThe expansion plan, howeverdoes have a low risks. EToro wants to join a highly competitive marketplace , along with well-known trading platforms such as Coinbase as well as Robinhood -- and is launching its exclusively in the midst of "crypto winter," where widespread weakness has plagued the sector.A portion of the strategy can be in part due to the reality that crypto is a more relaxed option from a licensing standpoint compared different asset types in the extremely regulated and fragmented U.S. regulatory environment. However, eToro's approach to launch is also in its belief in the vast market opportunity due to the currency 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, in a interview with TechCrunch?.EToro has an opportunistic approach to its business plan and isn't affected by the current weakness in crypto. https://reda.sa/members/fatfridge4/activity/947081/ identified the weakness in the market in the wake of the dot-com crash, where despite the crash, Internet still permeated and disrupted the economy in the long term. Similar to the internet, Assia together with eToro believe there will be enough room for multiple winners within the larger crypto-related ecosystem.It was the first platform in its market to support Ethereum and Ripple, and believes that , as these currencies and the future generation of investors mature, eToro will be there to support these currencies wherever and 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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