Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it will officially launch it's platform across the U.S. The platform, that currently is available in more than 140 different countries, will soon be accessible in 30 states and two regions with plans to expand throughout the U.S. after receiving the needed regulatory approvals.<p></p><p>This U.S. platform will only allow trading of crypto currencies when it launches, but eToro is planning to launch additional asset classes over the next twelve months. In the markets currently offered by eToro, its customers of 10 million can invest in and hold more that 1500 different asset classes as well as markets which include bonds, stocks the cryptocurrencies, fiat currencies, commodities and more.</p><p>Although eToro has more advanced trading strategies -- such as short-selling , as well as the use leverage, the service's transparency features and community engagement features can be great tools in helping beginners learn about capital markets as well as how to trade.</p><p></p><p>EToro is equal parts trading platform, social network also an education resource. https://ramiequartz6.bravejournal.net/post/2022/02/12/How-to-Buy-Bitcoin who registers on eToro can view, discuss and copy the trading activity and actions of all others on the network, and also their own realized gains and losses to date (though only on a per-cent basis to keep confidential financial data safe). While studying the strategies of their peers the users are able to utilize virtual currency to improve their practice and learn before actually risking their own money.</p><p>In addition, based on a trader's track record, other customers can decide to copy their portfolios using eToro's "CopyTrader?" feature, which not only proportionally allocates funds to the trader's portfolio, but can also ensure that any trade the copy investor does. Additionally users are also able to interact, post comments on or interact with specific individuals, assets or markets, allowing them to participate in the latest debate and news related to their specific area of interest.</p><p>While the platform is restricted to cryptocurrency at first, almost all the same features that exist in the current geographical markets will be available within the U.S. And alongside its trading platform the company is launching their digital multi-signature eToro wallet. With it, users can manage, store and receive several coins across a range of cryptocurrency.</p><p>With these eToro and eToro accounts U.S. users can transfer cryptocurrency funds to and from their trading accounts and can easily convert between them, as well. The wallet will initially accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to add additional currencies possible in the near term.</p><p>EToro users can make transactions and share trading activities and performance of their portfolios with other EToro users with the ability to discuss ideas and implement them with real dollars</p><p></p><p>The expansion strategy, however, doesn't come without the risk. EToro is entering a highly competitive marketplace , alongside highly-rated trading platforms like Coinbase and Robinhood -it is also launching its Crypto-only version amid the chaos of "crypto winter," where widespread weaknesses have plagued the sector.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>A portion of the strategy can be because crypto has a lower cost in terms of licensing different asset types in the rigid and extremely fragmented U.S. regulatory environment. However, eToro's approach to launch is also heavily rooted in its belief in an enormous market opportunity that is available through the currency tokenization.</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 in a interview with TechCrunch?.</p><p>EToro is taking a long-term view with its approach and isn't overthrown by the current crypto market weakness. Assia said that the market's weakness is similar by comparing it to the dotcom bubble which, despite the market crash, the internet remained pervasive and perturbed the economy over the long run. And just like with the internet, Assia and eToro believe that there is more than enough space to make multiple winners in the wider crypto industry.</p><p>It was the first platform in its markets that was able to work with Ethereum and Ripple, and believes that , as these currencies and the future generation of investors mature, eToro will be there to assist them wherever they are in whatever way they need.</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>


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Last-modified: 2022-02-12 (土) 12:08:42 (812d)