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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced it will officially launch their platform within the U.S. The platform, which already is available in more than 140 countrieswill become available in 30 states and two territories . It also has plans to expand beyond the U.S. after receiving the necessary regulatory sign-offs.The U.S. platform will only offer trading on crypto assets in the beginning, but eToro will be adding additional asset classes over the course of the next 12 months. The existing markets on eToro are where its more than 10 million customers can exchange and keep more than 1500 asset classes and markets that include bonds, stocks crypto currencies, cryptocurrencies commodities and more.While eToro even supports more advanced trading strategies such as short-selling and the use of leverage, the platform's transparency and community engagement features can be great tools for beginners to learn the market and how to trade.EToro is a trading platform, social network along with an online educational source. https://woolentub5.bravejournal.net/post/2022/02/11/How-to-Buy-Bitcoin who joins eToro will be able to read, write about as well as copy the trades that other users of the network, and also their realized profits and losses up to date (though only by a percentage to protect sensitive financial information). While studying the strategies of their colleagues and trading partners, members can choose to trade with virtual currency to make practice and improve their skills prior to actually risking their own money.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>However, based off a trader's past performance, other users can choose to mimic their portfolios using eToro's "CopyTrader?" feature, which can not only distribute funds in line with the trader's portfolio, but can also perform any trade that the copied investor's. Additionally users also have the option to comment, share as well as follow specific individuals, assets or markets, permitting them to join in discussions and latest news regarding their particular area of interest.Despite being limited in the beginning to crypto, almost all the same features available in eToro's existing countries will be accessible at a lower cost in the U.S. And alongside its trading platform it is also launching it's digital multi-signature eToro wallet, which users are able to store, send, and receive several coins across a range of crypto currencies.By using your eToro account, U.S. users can transfer cryptocurrencies into and through their trading account. In addition, they can convert them between, as well. The wallet 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.EToro users can perform transactions and share their trading activity and performance of their portfolios with the community with the ability to discuss ideas that can be executed using real dollarsThe expansion plan, however come without risks. EToro will be entering into a highly competitive market -- in conjunction with highly-rated trading platforms like Coinbase and Robinhood -- and is launching its cryptocurrency-only version during the midst of "crypto winter," where widespread weaknesses have plagued the sector.The reason behind this strategy is related to the fact that cryptocurrency is more lenient from a licensing standpoint the other types of asset within the highly regulated and splintered U.S. regulatory environment. However, the strategy behind eToro's launch is also in the firm's belief in an enormous market opportunity which is created by the digital tokenization of asset."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?.EToro is taking long-term perspectives with its business plan and isn't affected by the current crypto market weakness. Assia believes that the market's slowdown is comparable with the bubble of dotcom even though it crashed, the internet still permeated and created disruption in the long term. And just like with technology, Assia and eToro believe that there is more than enough space for multiple winners within the larger crypto market.The company was the first platform in its market which was able to integrate Ethereum and Ripple and believes that as the two currencies are similar and the new generation of investors get older, eToro will be there to help their users in any way they require."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."

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