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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 services in the U.S. The platform, that currently is in operation in more than 140 countries accessible in 30 states and two regions with plans to expand throughout the U.S. after receiving the needed regulatory approvals.<p></p><p>This U.S. platform will only accept trading in crypto assets in the beginning, but eToro plans to expand its asset classes in the coming 12 months. In the markets currently offered by eToro, its 10 million plus customers are able to invest in and hold more that 1500 asset classes and markets comprising bonds, stocks crypto currencies, cryptocurrencies commodities, and more.</p><p>Although eToro has more advanced techniques for trading -- such as short-selling and leverage -- the system's transparency and community involvement capabilities make great tools for people who are new to the trading markets and learn to trade.</p><p></p><p>EToro is equal parts social network, trading platform also an education resource. Anyone who is a member of eToro is able to observe, comment and replicate the trading activities as well as the other members on the network, and also their realized losses and gains up to date (though only as a percentage basis, to safeguard sensitive financial data). While learning from other traders' strategies or using the platform, users can use virtual currency in order to practice and effectively train before actual risking their money.</p><p>Based on a trader's history, other users can select to mirror their portfolios using eToro's "CopyTrader?" feature, which doesn't just proportionally allocate funds in line with the trader's portfolio, but it also allows the copied investor to automatically make any trade copied investor's makes. In https://bvphusanct.com.vn/Default.aspx?tabid=120&ch=16122 are also able to share, discuss and engage with certain users, assets or markets, allowing them to participate in the latest debate and news on their particular field of interest.</p><p>Although the service is limited only to crypto for the first time, nearly all of the features available in eToro's existing locations will be offered throughout the U.S. And alongside its trading platform it's also launching its digital multi-signature eToro wallet. Users can keep, send and receive numerous coins across a variety of crypto currencies.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>Through Their eToro accounts, U.S. users can now transfer cryptocurrencies to and from their trading account . They can easily convert between the two 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 accessible in the near future.</p><p>EToro users can conduct transactions or share trading data and portfolio performance with the community Users can also discuss strategies that are then executed with real dollars</p><p></p><p>The expansion plan, however come without risk. EToro moves into a highly competitive market -- with popular trading platforms like Coinbase as well as Robinhood -- and is launching its digital currency-only platform in the middle of "crypto winter," where the widespread weakness has plagued the sector.</p><p>Part of the strategy is attributable to the fact that crypto is a more relaxed option in terms of licensing with other classes of assets within the highly restrictive and fragmented U.S. regulatory environment. However, the launch strategy of eToro is also heavily rooted in the firm's belief in huge opportunities for market growth in the crypto 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, in a interview with TechCrunch?.</p><p>EToro is taking an approach that is long-term in the company's strategy and isn't deterred by the current weakness in crypto. Assia identified the weakness in the market in the wake of the dot-com crash where despite the crash, the internet still permeated and perturbed the economy over the long term. Similar to Internet, Assia together with eToro believe that there is more than enough room to make multiple winners in the wider crypto industry.</p><p>The company was the first platform in its markets which was able to integrate Ethereum and Ripple and is confident that as the two currencies are similar and the new generation of investors get older, eToro will be there to help 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>