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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it is finally launching their platform within the U.S. The platformthat already has operations in more that 140 nations, is now accessible in 30 states and two states with plans to expand beyond the U.S. after receiving the necessary regulatory approvals.<p></p><p>The U.S. platform will only provide trading support for crypto assets initially, however eToro plans to offer additional assets classes within the next twelve months. On eToro's current markets, the more than 10 million users can trade and manage more than 1500 different asset classes and markets such as bonds, shares and currencies such as cryptocurrencies, fiat currency, commodities and more.</p><p>Although eToro even supports more advanced trading strategies -- such as short-selling and leverage -- the platform's transparency and engagement features make it a great tool for people who are new to the capital markets and understand how to trade.</p><p></p><p>EToro is a combination of social network, trading platform or educational platform. Users who sign up to eToro can view, discuss and copy the activity of other members of the network, in addition to their actual profits and losses to date (though only in a percentage-based basis to secure sensitive financial information). While learning from the strategies of their fellow traders as well, they are able to use virtual currency in order to get a better understanding and to practice before placing their money at risk.</p><p>However, based off a trader's record, other users are able to duplicate their portfolio using eToro's "CopyTrader?" feature, which can not only distribute funds in line with the trader's portfolio, but also will automatically create any trade the copied investor makes. Furthermore, https://notes.io/UMtN are also able to interact, post comments on engaging with, or follow certain users, assets or markets -- giving them the opportunity to engage in the latest debate and news regarding their particular area of interest.</p><p>Although it is limited to cryptocurrency at first, basically all of the features available in the existing regions will be made available for users within the U.S. And alongside its trading platform and its trading platform, the company will launch its multi-signature digital eToro account, where users can save, transfer and receive multiple coins using a variety of cryptocurrency.</p><p>Using one of their eToro account, U.S. users can now transfer cryptocurrencies from their trading accounts and could easily convert between them and also. https://telegra.ph/How-to-Buy-Bitcoin-02-11-104 is initially able to support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to make additional currencies available in the near future.</p><p>EToro users can make transactions that allow them to share trading information and performance of their portfolios with other EToro users with the ability to discuss concepts that are implemented using real dollars</p><p></p><p>The expansion plan, however, does not have a low the risk. EToro is entering a competitive marketplace , along with major trading platforms like Coinbase as well as Robinhood -in addition to launching its crypto-only version in the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>A significant part of the plan is partly due to the fact cryptocurrency is considered to be a less costly asset from a licensing standpoint against other assets in the highly unstructured and strict U.S. regulatory environment. The launch plan of eToro's is also solidly rooted by 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, in a conversation with TechCrunch?.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>EToro is taking an approach that is long-term in its strategy and isn't getting sucked by the current cryptocurrency weakness. Assia described the market's weakening as the dot-com boom, that despite the downfall, the internet remained a part of it and caused disruption to the economy in long term. https://lilacbaker1.bravejournal.net/post/2022/02/11/How-to-Buy-Bitcoin to the web, Assia along with eToro believe that there will be more than enough space to make multiple winners in the wider crypto economy.</p><p>The company was the first platform to support Ethereum and Ripple and is confident that , as similar currencies and the future generation of investors mature, eToro will be there to support them 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," 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>