lindbarry550523

Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it will finally be launching its platforms in U.S. The platformthat already is available in more than 140 countriesaround the world, will now be available in 30 states and two regions with plans to expand outside of the U.S. after receiving the required regulatory approvals.<p></p><p>This U.S. platform will only support trading for crypto assets at launch, but eToro plans to expand its assets classes within the next 12 months. In the eToro markets that are currently available, its more than 10 million customers can hold and trade more than 1500 different asset classes as well as markets such as bonds, stocks along with cryptocurrencies, fiat currencies commodities and more.</p><p>Though eToro is able to support more advanced trading strategies -- like short-selling as well as the use of leverage -- the platform's transparency and community engagement features can be great tools for people who are new to the market and how to trade.</p><p></p><p>EToro is a combination of trading platform, social network as well as an educational tool. Anyone who registers on eToro can see, comment and copy the trading activity of all other users on the network, as well as the actual losses and returns to date (though only on a percentage basis in order to secure sensitive financial information). While studying the strategies of their colleagues customers can also trade with virtual currency to make practice and improve their skills prior to actual risking their money.</p><p>Based on a previous track record of a trader, other members can copy their portfolios using eToro's "CopyTrader?" feature, which is not only able to allocate funds that match the trader's portfolio, but can also make any trade copied investor's make. Furthermore the members can also to interact, post comments on and engage with particular individuals, assets or markets -- giving them the opportunity to engage in all the latest debates and information related to their specific area of interest.</p><p>While it will be limited to cryptocurrency at first, most of the features available in the existing international markets will also be available to users in the U.S. And alongside http://cqms.skku.edu/b/lecture/792251 trading platform the company has announced its multi-signature digital eToro wallet, which users can manage, store and receive several coins across a range of cryptocurrency.</p><p>Through them with their eToro Accounts, U.S. users can now transfer cryptocurrencies from their trading account . https://pbase.com/topics/woolenbirch3/how_to_buy_bitcoin could easily convert between them and also. The wallet at first will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies to be available in near future.</p><p>EToro users can carry out transactions while sharing their trading actions and performance of their portfolios with other EToro users by allowing users to debate concepts that are implemented using real dollars</p><p></p><p>The expansion strategy, however, doesn't come without risks. EToro moves into a competitive marketplace , alongside highly-rated trading platforms like Coinbase and Robinhood -in addition to launching its cryptocurrency-only version during the midst of "crypto winter," where wide-spread weakness has plagued sector.</p><p>A significant part of the plan is directly related to the fact crypto is a lighter lift in terms of licensing compared to other asset classes within the highly complex and strict U.S. regulatory environment. However, the launch strategy of eToro is also deeply rooted in the company's belief in an enormous market opportunity in the crypto tokenization.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>"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, in a conversation with TechCrunch?.</p><p>EToro has an approach that is long-term in the company's strategy and isn't deterred by the current weakness in crypto. Assia believes that the market's slowdown is comparable to the dot-com bubble, even though it crashed, the internet still permeated and destroyed the economy in longer term. Like the web, Assia as well as eToro believe that there is more than enough room to make multiple winners in the larger crypto ecosystem.</p><p>The company was the very first platform that supported Ethereum and Ripple and is confident that when similar currencies and the future generation of investors mature, eToro will be there to support them wherever they are 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>