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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced it is set to launch its services in the U.S. http://www.docspal.com/viewer?id=- operates in more than 140 countriesaround the world, will now be available in 30 states and two jurisdictions with plans to expand to other areas of the U.S. after receiving the required regulatory approvals.<p></p><p>The U.S. platform will only allow trading of crypto currencies initially, however eToro is planning to launch additional assets classes within the next 12 months. In the eToro markets that are currently available, the 10 million or more users are able to trade and hold more than 1500 different asset classes and markets which include bonds, stocks and currencies such as cryptocurrencies, fiat currency commodities and more.</p><p>Even though eToro even supports more advanced trade strategies -- which include short-selling as well as using leverage -- the platform's transparency , community engagement capabilities are excellent tools that help beginners understand markets and discover how to trade.</p><p></p><p>EToro is a social network, trading platform and educational resource. Users who sign up to eToro is able to observe, comment and even copy the trading actions of all other users on the network, in addition to their actual returns and losses so far (though only in a percentage-based basis to protect confidential financial information). While studying the strategies of their fellow traders or using the platform, users can trade with virtual currency to practice and effectively train before even putting their money on the line.</p><p>Based on a trading history, users may choose to copy their portfolios by using the "CopyTrader?" feature, which does not just allocate funds that match the trader's portfolio but also can automatically make any trade copied investor's makes. In addition users also have the option to share, comment on their favorite topics, interact with or follow certain individuals, assets, or markets -- they can also participate in the most current debates and news on their particular field of interest.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>While the platform is restricted in the beginning to crypto, many of the same features available on eToro's previous locations will be offered within the U.S. And alongside its trading platform and its trading platform, the company will launch its multi-signature digital eToro wallet. It will allow users can manage, store and receive many coins across a myriad of cryptocurrencies.</p><p>Through these eToro Accounts, U.S. users can now transfer cryptocurrency into and from their trading account . They could easily convert between them, as well. The wallet initially will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies readily available in the coming months.</p><p>EToro users can execute transactions and share trading activities and performance of their portfolios with the community Users can also discuss ideas that can be executed using real dollars</p><p></p><p>The expansion plan, however, doesn't come without the risk. EToro ventures into a highly competitive market -- along with other famous trading platforms such as Coinbase as well as Robinhood -as well as launching its digital currency-only platform in the middle of "crypto winter," where massive weakness has plagued the sector.</p><p>Part of the reason for this is directly related to the fact cryptocurrency is considered to be a less costly asset in terms of licensing in comparison to the rest of the asset class within the highly complex and strict U.S. regulatory environment. However, eToro's approach to launch has its roots on the company's belief of the massive market opportunity that is available through the digital tokenization of asset.</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 said during a interview with TechCrunch?.</p><p>EToro is taking long-term perspectives with its business plan and isn't affected by the current cryptocurrency weakness. Assia has compared the current market weakness by comparing it to the dotcom bubble, which, despite the market crash, the internet persisted and perturbed the economy over the long term. Like the internet, Assia along with eToro believe that there will be more than enough room to make multiple winners in cryptocurrency's larger ecosystem.</p><p>It was the first platform in its markets to support Ethereum and Ripple and believes that when similar currencies and the new generation of investors get older, eToro will be there to assist them in 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>