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iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it will officially launch its online platform to the U.S. The platform, which is operational in more than 140 nations, is now available in 30 states and two countries with plans to expand further in the U.S. after receiving the required regulatory approvals.<p></p><p>This U.S. platform will only provide trading support for crypto assets when it launches, but eToro plans to offer additional asset classes in the next 12 months. In eToro's existing markets, the 10 million or more users are able to trade and hold more than 1,500 different asset classes and markets including bonds, stocks cryptocurrency, fiat currencies commodities, and more.</p><p>Even though eToro is able to support more advanced trading strategies , such as trading with short-terms and leverage -- the platform's transparency , 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 social network, trading platform also an education resource. Any user who signs up to eToro can view, discuss and replicate the trading activities of other members of the network, in addition to their realized profits and losses up to date (though only in a percentage-based basis to secure sensitive financial information). While studying the strategies employed by their peers and trading partners, members can choose to trade with virtual currency to practice and effectively train before making a decision to invest their own money.</p><p>Alternatively, based on a previous track record of a trader, other members can copy the portfolio using eToro's "CopyTrader?" feature, which is not only able to allocate funds to match the investor's portfolio, but also will automatically make any trade copied investor performs. In addition members also have the ability be able to share, make comments on engaging with, or follow certain users, assets or markets -- giving them the opportunity to engage in all the latest debates and information concerning their area of interest.</p><p>Even though it's limited in the beginning to crypto, nearly all of the features offered by eToro's other market will be available at a lower cost in the U.S. And alongside https://cherrytub6.bravejournal.net/post/2022/02/10/How-to-Buy-Bitcoin trading platform the company has announced the multi-signature eToro wallet. Users are able to store, send, and receive multiple coins across a multitude of crypto currencies.</p><p>Using your eToro and eToro accounts U.S. users can transfer cryptocurrencies into and from their trading account and can easily convert between the two and also. The wallet initially supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but it is planned to add additional currencies available in the near time.</p><p>EToro users can make transactions as well as share their trading activities and portfolio performance with the community, allowing users to discuss concepts that are implemented using real dollars</p><p></p><p>The expansion plan, howeverdoes have a low the risk. EToro ventures into a highly competitive market -- with popular trading platforms like Coinbase as well as Robinhood -- and is launching its solely in the middle of "crypto winter," where widespread weaknesses have plagued the sector.</p><p>Part of the strategy is due to the fact that crypto is a lighter lift from a licensing perspective relative to other asset classes in the highly restrictive and fragmented U.S. regulatory environment. However, eToro's strategy for launching is also heavily rooted in its belief in the huge market potential in 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 said during a conversation with TechCrunch?.</p><p>EToro is taking the long-term view in its strategy and isn't getting sucked off by the current weakening of crypto. Assia has compared the current market weakness on the other hand to the dot-com bubble, that despite the downfall, the internet persisted and altered the economic landscape in the longer term. As with the web, Assia together with eToro believe there will be more than enough room for multiple winners in the wider crypto ecosystem.</p><p>The company was the very first platform in its markets to offer support for Ethereum and Ripple and believes that , as these currencies and the next generation of investors mature, eToro will be there to support them wherever they are in 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," Assia 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>