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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social trading and investing platform eToro announced it is set to launch it's platform across the U.S. The platform, that currently operates in more then 140 countriesaround the world, will now be accessible in 30 states and two countries with plans to expand beyond the U.S. after receiving the necessary regulatory sign-offs.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p></p><p>This U.S. platform will only provide trading support for crypto assets initially, however eToro plans to add more asset classes over the course of the next 12 months. Within the existing markets of eToro, the company's more than 10 million users are able to trade and hold more than 1500 asset classes and markets such as bonds, shares and currencies such as cryptocurrencies, fiat currency commodities, and more.</p><p>Though eToro does support more advanced trading strategies , such as short-selling as well as the use of leverage -- the service's transparency features and community engagement features serve as excellent tools for those who are just beginning to understand the market and how to trade.</p><p></p><p>EToro is equal parts social network, trading platform plus a resource for learning. Everyone who joins eToro can see, comment as well as copy the trades of everyone else on the network, in addition to their actual profits and losses up to date (though only by a percentage to protect sensitive financial information). While learning from the methods of their peers, users can opt to make investments using virtual currency to make practice and improve their skills prior to taking on risk with their own money.</p><p>If you want to, based on the trader's performance record, other users are able to duplicate their portfolio through eToro's "CopyTrader?" feature, which allows for a proportional allocation of funds to the trader's portfolio but also can automatically perform any trade that the copied investor makes. In https://notes.io/U89R have the ability to connect, comment on the posts of specific users, asset types or markets, allowing them to participate in the latest debate and news in their area of interest.</p><p>While the platform is restricted by crypto at launch many of the same features that are available on eToro's current international markets will also be available in the U.S. And alongside its trading platform it's also launching its digital multi-signature eToro wallet. Users can keep, send and receive many coins across a myriad of crypto currencies.</p><p>Utilizing accounts with eToro clients, U.S. users can transfer cryptocurrency funds to and through their trading account. In addition, they can easily convert between them as well. The wallet at first will 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 and share trading and performance of their portfolios with the community and allow users to share options that are executed using real dollars</p><p></p><p>The expansion plan, however, doesn't have a low risks. EToro wants to join a competitive market -- in conjunction with highly-rated trading platforms like Coinbase as well as Robinhood -as well as launching its crypto-only version in the midst of "crypto winter," where widespread weakness has plagued the sector.</p><p>A large part of the strategy is attributable to the fact that crypto is lighter in terms of licensing compared with other classes of assets in the highly restrictive and fragmented U.S. regulatory environment. However, the strategy behind eToro's launch is also heavily rooted in the company's belief in 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 mentioned in a interview with TechCrunch?.</p><p>EToro has the long view with its business plan and isn't affected by the current crypto weakness. Assia described the market's weakening on the other hand to the dot-com bubble, even though it crashed, the internet continued to permeate and created disruption in the long term. As with the internet, Assia as well as eToro believe that there is more than enough space for multiple winners in the larger crypto ecosystem.</p><p>It was the first platform to offer support for Ethereum and Ripple and believes that when similar currencies and the future generation of investors mature, eToro will be there to support any time and 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>