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https://cherryjump2.bravejournal.net/post/2022/02/11/How-to-Buy-Bitcoin Reports Fourth Quarter and Full Year 2021 ResultsThe social trading and investing platform eToro announced it will officially launch its service in the U.S. Its platform, currently operates in over 140 nations, is now accessible in 30 states and two states with plans for expansion elsewhere in the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>The U.S. platform will only support trading for crypto assets initially, however eToro is planning to launch additional asset classes over the next 12 months. With the existing markets, the more than 10 million users are able to invest in and hold more that 1500 different asset classes as well as markets including bonds, stocks the cryptocurrencies, fiat currencies commodities, and many more.</p><p>Though eToro offers more advanced trading strategies -- such as short-selling as well as the use of leverage, the platform's transparency as well as community engagement capabilities are excellent tools for novices to get familiar with the market and how to trade.</p><p></p><p>EToro is a combination of social network, trading platform plus a resource for learning. Anyone who signs up for eToro can access, read, and comment on as well as copy the trades that other users of the network, as well as their real-time returns and losses so far (though only as a percentage basis, to safeguard confidential financial information). While learning from the strategies of their fellow traders as well, they are able to use virtual currency in order to make practice and improve their skills prior to even putting their money on the line.</p><p>However, based off a trader's history, other users may decide to imitate their portfolio through eToro's "CopyTrader" feature, which doesn't just proportionally allocate money to match the trader's portfolio, but can also take any trade the copied investor's makes. Additionally the members can also to share, comment on or engage with certain people, assets, or markets, so that they can participate in the most recent discussions and news in their area of interest.</p><p>Even though it's limited only to crypto for the first time, many of the same features currently available to eToro's countries will be accessible within the U.S. And alongside its trading platform and services, the company has launched an online multi-signature eToro wallet, where users can store, exchange and receive multiple coins across a multitude of cryptocurrencies.</p><p>By using one of their eToro clients, U.S. users can currently transfer cryptocurrency to and out of their trading accounts. Users are able to convert them easily, as well. It will initially 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 carry out transactions while sharing their trading actions and portfolio performance with the community that allows users to talk about concepts that are implemented using real dollars</p><p></p><p>The expansion strategy, however, doesn't have a low risk. EToro plans to enter a competitive market -- with popular trading platforms , such as Coinbase as well as Robinhood -and is now launching a exclusively in the midst of "crypto winter," where wide-spread weakness has plagued sector.</p><p>Part of the reason for this is caused by the fact that crypto is an easier lift from a licensing standpoint compared different asset types in the strict and highly fragmented U.S. regulatory environment. However, eToro's approach to launch is also heavily rooted in the firm's belief in huge opportunities for market growth that comes with 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 mentioned in a interview with TechCrunch.</p><p>EToro has the long view with their strategy and hasn't been impacted by the current crypto market weakness. Assia believes that the market's slowdown is comparable in the wake of the dot-com crash, which, despite the market crash, the internet continued to permeate and created disruption in the long run. Much like an internet connection, Assia together with eToro believe there will be more than enough space to make multiple winners in the wider crypto ecosystem.</p><p>It was the first market that supported Ethereum and Ripple, and believes in the future that as related currencies and the future generation of investors mature, eToro will be there to help the two currencies in the way they need it.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><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>