hoylebuhl571344

Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it will finally be launching its platform in the U.S. The platform, that currently is available in more than 140 nations, is now available in 30 states and two jurisdictions with plans to expand outside of the U.S. after receiving the needed regulatory approvals.<p></p><p>This U.S. platform will only accept trading in crypto assets initially, however eToro is planning to launch additional asset classes in the coming 12 months. In the markets currently offered by eToro, its customers of 10 million can deal and hold more than 1500 asset classes in markets which include bonds, stocks and cryptocurrencies, as well as fiat currencies commodities, and more.</p><p>Though eToro offers more advanced trade strategies -- which include selling short and the use of leverage -- the platform's transparency as well as community engagement features act as great tools for people who are new to the capital markets as well as how to trade.</p><p></p><p>EToro is equal parts trading platform, social network and educational resource. Anyone who joins eToro can see, comment or copy the trading activities 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 protect confidential financial information). While studying https://bvphusanct.com.vn/Default.aspx?tabid=120&ch=14624 can also play with virtual currency and learn and practice before taking on risk with their own money.</p><p>On the other hand, based on a trader's performance record, other users may decide to imitate the portfolio of their eToro member using its "CopyTrader?" feature, which can not only distribute funds to match the trader's portfolio but can also automatically perform any trade that the copied investor makes. On top of that, members are also able communicate, leave comments on or interact with certain people, assets, or markets, giving them the opportunity to engage in the most recent discussions and news concerning their area of interest.</p><p>Although it is limited to crypto when it first launched, basically all of the features currently available to eToro's geographical markets will be available to users in the U.S. And alongside its trading platform it's also launching its multi-signature digital eToro wallet. Users have the ability to store, send and receive multiple coins using a variety of crypto currencies.</p><p>By using the eToro Accounts, U.S. users can currently transfer cryptocurrency to and from their trading accounts and will be able to convert between them and also. The wallet is initially able to support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to offer additional currencies soon.</p><p>EToro users can transact and share trading and performance of their portfolios with the community which allows users to exchange concepts that are implemented using real dollars</p><p></p><p>The expansion plan, however have a low risk. EToro ventures into a highly competitive market -- alongside popular trading platforms , such as Coinbase as well as Robinhood -as well as launching its cryptocurrency-only version during the midst of "crypto winter," where widespread instability has plagued the sector.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>A significant part of the plan is caused by the fact that crypto is lighter in terms of licensing compared against other assets in the highly regulated and splintered U.S. regulatory environment. But eToro's launch strategy is also firmly grounded in its belief in an enormous market opportunity that comes with asset 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 stated in a conversation with TechCrunch?.</p><p>EToro is taking the long view with its approach and isn't overthrown off by the current weakening of crypto. Assia was comparing the market's softness on the other hand to the dot-com bubble where despite the crash, the internet remained pervasive and disrupted the economy in the long run. Just like online, Assia along with eToro believe there will be enough space to make multiple winners in the wider crypto economy.</p><p>It was the first platform in its market to accept Ethereum and Ripple and is confident that , as similar currencies and the next generation of investors mature, eToro will be there to assist these currencies wherever and in any way they require.</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>