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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social trading and investing platform eToro announced that it will be launching their platform within the U.S. The platformthat already is available in more than 140 countries, will be available in 30 states and two territories with plans to expand throughout the U.S. after receiving the necessary regulatory approvals.<p></p><p>The U.S. platform will only offer trading on crypto assets at the time of launch, however eToro plans to introduce additional assets classes within the next 12 months. In the current market, the company's more than 10 million users are able to invest in and hold more that 1500 asset classes in markets such as bonds, shares, cryptocurrencies, fiat currencies commodities, and many more.</p><p>Though eToro offers more advanced trading strategies -- including short-selling and using leverage -- the platform's transparency as well as community engagement capabilities make great tools for newcomers to explore the market and how to trade.</p><p></p><p>EToro is a combination of trading platform, social network for education and trading platform. Anyone who signs up for eToro has the ability to see, post comments or copy the trading activities from everyone else on the network, in addition to the actual losses and returns so far (though only by a percentage to secure sensitive financial information). While studying the techniques of their counterparts, users can opt to trade with virtual currency to test their skills and gain experience before actually risking their own money.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>Based on a trader's track record, other members can copy the portfolio of their eToro member using its "CopyTrader?" feature, which can not only distribute funds in accordance with the trader's portfolio, but it also allows the copied investor to automatically make any trade copied investor's. In addition users are also able to share, comment on and engage with specific users, assets or markets, permitting them to join in the latest discussion and updates about their particular area of interest.</p><p>However, despite being restricted to cryptocurrency at first, virtually all features available in eToro's existing geographical markets will be available for users within the U.S. And alongside its trading platform it is also launching its digital multi-signature eToro account, where users can manage, store and receive numerous coins across a variety of cryptocurrencies.</p><p>Through one of their eToro logins U.S. users can now transfer cryptocurrencies from their trading account . Additionally, they could easily convert between them and vice versa. The wallet initially supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to make additional currencies possible in the near term.</p><p>EToro users are able to make transactions that allow them to share trading information and portfolio performance with the community and allow users to share ideas and execute them using real dollars</p><p></p><p>The expansion plan, however, doesn't come without risks. EToro will be entering into a highly competitive marketplace -- alongside other well-known trading platforms such as Coinbase and Robinhood -in addition to launching its cryptocurrency-only version during the midst of "crypto winter," where widespread weaknesses have plagued the sector.</p><p>A large part of the strategy is directly related to the fact crypto is a lighter lift from a licensing point of view compared in comparison to the rest of the asset class within the highly regulated and splintered U.S. regulatory environment. However, the eToro launch strategy is also to the firm's belief that an enormous market opportunity in the digital tokenization of asset.</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 remarked in a conversation with TechCrunch?.</p><p>EToro is taking the long-term view in its strategies and doesn't get sucked with the current crypto weakness. Assia described the market's weakening by comparing it to the dotcom bubble even though it crashed, Internet still permeated and caused disruption to the economy in long term. Similar to the internet, Assia along 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 platform to allow Ethereum and Ripple and believes that , as these currencies and the future generation of investors mature, eToro will be there to help them wherever they are in any way that 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. " http://cqms.skku.edu/b/lecture/804591 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>