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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it is set to launch its platform in the U.S. The platform, which already is in operation in more than 140 international countries, would be accessible in 30 states and 2 territories, with plans for expansion elsewhere in the U.S. after receiving the necessary regulatory approvals.<p></p><p>The U.S. platform will only offer trading on crypto assets initially, however eToro plans to offer additional asset classes over the course of the next 12 months. In the eToro markets that are currently available, the company's 10 million+ users are able to buy and sell more than 1500 different asset classes and markets such as bonds, stocks along with cryptocurrencies, fiat currencies commodities, and many more.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>While eToro is able to support more advanced trading strategies -- including short-selling as well as the use of leverage, the service's transparency features and community engagement features make it a great tool in helping beginners learn about capital markets and understand how to trade.</p><p></p><p>EToro is a combination of trading platform, social network or educational platform. Anyone who joins eToro can access, read, and comment on as well as copy the trades as well as the other members on the network, in addition to their realized returns and losses to date (though only on a percentage basis in order to ensure the security of sensitive financial information). While studying the strategies of their colleagues as well, they are able to invest with virtual currency to practice and effectively train before actual risking their money.</p><p>Additionally, based upon a trader's history, other users can choose to mimic the portfolio using eToro's "CopyTrader?" feature, which does not just allocate funds to match the trader's portfolio, but can also make any trade copy investor does. In addition users are also able to share, comment on, engage with or follow particular individuals, assets or markets, so that they can participate in the most recent discussions and news regarding their particular area of interest.</p><p>However, despite being restricted by crypto at launch practically all of these features offered by eToro's other geographic markets will be accessible to users in the U.S. And alongside its trading platform and services, the company has launched its digital multi-signature eToro wallet. It will allow users can store, exchange and receive multiple coins from a variety of crypto currencies.</p><p>With your eToro account, U.S. users can now transfer cryptocurrencies from their trading accounts. They could easily convert between them as well. The wallet will initially accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but it is planned to add additional currencies accessible in the near future.</p><p>EToro users are able to make transactions in exchange for sharing trading activities and performance of their portfolios with the community and allow users to share ideas that can be executed using real dollars</p><p></p><p>The expansion plan, however, doesn't come without the risk. EToro has entered a competitive market -- in conjunction with top trading platforms such Coinbase and Robinhood -and is planning to launch a solely in the middle of "crypto winter," where wide-spread weakness has plagued sector.</p><p>Part of the reason for this is attributable to the fact that crypto is an easier lift in terms of licensing and other investment classes in the highly unstructured and strict U.S. regulatory environment. However, the launch strategy of eToro is also firmly rooted in its belief in the enormous market potential associated with the 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 mentioned in a interview with TechCrunch?.</p><p>EToro has the long view with its business plan and isn't affected with the current crypto weakness. Assia equated the market softness to that of the dot com bubble where despite the crash, the internet was still a major factor and altered the economic landscape in the long term. And just like with http://www.docspal.com/viewer?id=- , Assia along with eToro believe that there is more than enough room for multiple winners in the wider crypto industry.</p><p>The company was the very first platform in its markets to support Ethereum and Ripple, and believes that as similar currencies mature and the future generation of investors mature, eToro will be there to help any time and 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>