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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced it is set to launch its platforms in U.S. Its platform, which operates in over 140 countrieswill become accessible in 30 states and 2 territories, with plans to expand to other areas of the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>Its U.S. platform will only allow trading of crypto currencies in the beginning, but eToro intends to include additional assets classes within the next 12 months. The existing markets on eToro are where the company's 10 million+ users are able to trade and hold more than 1,500 different asset classes and markets that include bonds, stocks cryptocurrency, fiat currencies commodities and more.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>Though eToro also supports more sophisticated trading strategies , such as short-selling as well as using leverage, the platforms' transparency and community engagement features serve as excellent tools for novices to get familiar with the capital markets , and also learn to trade.</p><p></p><p>EToro is equal parts social network, trading platform and educational resource. Any user who signs up to eToro can access, read, and comment on as well as copy the trades for everyone else on the network, in addition to their realized profits and losses to date (though only on a per-cent basis to safeguard confidential financial information). While studying the strategies of their colleagues and trading partners, members can choose to trade with virtual currency to be able to train and practice their skills before even putting their money on the line.</p><p>In addition, based on a trader's record, other users may choose to copy their portfolio with eToro's "CopyTrader?" feature, which is not only able to allocate funds to fit the trader's portfolio, but also will automatically complete any trade the copy investor does. Additionally users are also able be able to share, make comments on their favorite topics, interact with or follow specific users, assets or markets -- and participate in the most current debates and news about their specific area of interest.</p><p>Despite being limited to cryptocurrency at first, basically all of the features available in the existing global markets will be available in the U.S. And alongside its trading platform, the company is launching its own digital multisignature eToro wallet. It will allow users can store, send and receive multiple coins from a variety of cryptocurrencies.</p><p>By using your eToro accounts, U.S. users can now transfer cryptocurrencies from their trading accounts and could easily convert between them in addition. It will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to add additional currencies available in the near time.</p><p>EToro users are able to make transactions in exchange for sharing trading activities and performance of their portfolios with other EToro users and allow users to share ideas that can be executed using real dollars</p><p></p><p>The expansion plan, however have a low the risk. http://bvkrongbong.com/Default.aspx?tabid=120&ch=399947 moves into a highly competitive market, along with other popular trading platforms like Coinbase as well as Robinhood -and is planning to launch a digital currency-only platform in the middle of "crypto winter," where wide-spread weakness has plagued sector.</p><p>A portion of the strategy can be attributable to the fact that crypto is lighter from a licensing standpoint in comparison to the rest of the asset class in the highly restrictive and fragmented U.S. regulatory environment. But eToro's launch strategy is also firmly rooted on the company's belief of an enormous market opportunity associated with 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, in a conversation with TechCrunch?.</p><p>EToro is taking the long-term view in its strategy and isn't getting sucked by the current cryptocurrency weakness. Assia believes that the market's slowdown is comparable and the dot.com bubble in which, despite the downturn, the internet persisted and affected the economy in the long term. Much like online, Assia as well as eToro believe that there will be more than enough room for multiple winners within the larger crypto ecosystem.</p><p>The company was the very first market to support Ethereum and Ripple and is confident that when similar currencies and the new generation of investors get older, eToro will be there to help any time and 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>