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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? trading and social investing platform eToro announced that they will soon launch its platform in the U.S. The platform, which operates in more then 140 countries available in 30 states as well as two territories. There are plans to expand outside of the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>Its U.S. platform will only permit trading of crypto assets at launch, but eToro will be adding additional assets classes within the next 12 months. On eToro's current markets, the company's more than 10 million users are able to trade and manage more than 1500 different asset classes as well as markets including bonds, stocks and cryptocurrencies, as well as fiat currencies commodities and more.</p><p>Though eToro also supports more sophisticated trading strategies -- including trading with short-terms and leverage, the platforms' transparency and community engagement functions are great resources in helping beginners learn about capital markets as well as how to trade.</p><p></p><p>EToro is a trading platform, social network or educational platform. Everyone who joins eToro can access, read, and comment on or copy the trading activities for everyone else on the network, and also their realized profits and losses so far (though only on a percentage basis in order to protect financial information that is sensitive). While learning from the strategies of their colleagues the users are able to use virtual currency in order to get a better understanding and to practice before making a decision to invest their own money.</p><p>Alternatively, based on a traders track record, users may choose to copy their portfolios by using the "CopyTrader?" feature, which is not only able to allocate funds to match the investor's portfolio, but will also take any trade the copied investor's. Furthermore, members are also able to comment, share their favorite topics, interact with or follow particular individuals, assets or markets, and participate in the most recent discussions and news in their specific field of interest.</p><p>Although it is limited to crypto when it first launched, basically all of the features offered by eToro's other locations will be offered in the U.S. And alongside its trading platform it's also launching their digital multi-signature eToro wallet, where users can keep, send and receive many coins across a myriad of different cryptocurrencies.</p><p>Utilizing your eToro clients, U.S. users can currently transfer cryptocurrency to and out of their trading accounts. Users can convert them between and vice versa. The wallet initially will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company intends to make additional currencies available in the near future.</p><p>EToro users can transact and share their trading activity and performance of their portfolios with the community in order to discuss ideas and implement them with real dollars</p><p></p><p>The expansion plan, however come without the risk. https://notes.io/U7xe plans to enter a highly competitive market -- with popular trading platforms like Coinbase as well as Robinhood -and is also launching a Crypto-only version amid the chaos of "crypto winter," where widespread weakness has afflicted the sector.</p><p>One aspect of the strategy is in part due to the reality that crypto has a lower cost from a licensing standpoint compared and other investment classes within the highly complex and strict U.S. regulatory environment. But the company's plan to launch its product is also solidly rooted in the company's belief in the vast market opportunity which is created by the tokenization of the assets.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></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 is taking long-term perspective with the company's strategy and isn't deterred by the current crypto weakness. Assia was comparing the market's softness to that of the dot com bubble where , despite the collapse, the internet continued to be a force that perturbed the economy over the long term. And just like with online, Assia and eToro believe that there will be more than enough space for multiple winners in the wider crypto economy.</p><p>The company was the very first platform that supported Ethereum and Ripple and is confident that , as similar currencies and the new generation of investors get older, eToro will be there to help these currencies wherever and 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>