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Robinhood Reports Fourth Quarter and Full Year 2021 Results<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>The social investing and trading platform eToro announced that it will officially launch it's platform across the U.S. The platformthat already has operations in more that 140 countries, will be available in 30 states and two territories . It also has plans to expand elsewhere in the U.S. after receiving the needed regulatory approvals.<p></p><p>Its U.S. platform will only permit trading of crypto assets in the beginning, but eToro is planning to launch additional categories of assets within the next twelve months. On eToro's current markets, the 10 million or more users can trade and hold more than 1,500 different asset classes and markets such as bonds, shares, cryptocurrencies, fiat currencies commodities, and many more.</p><p>Even though eToro offers more advanced trading strategies , including short-selling , as well as the use leverage -- the platform's transparency as well as community engagement features can be great tools for those who are just beginning to understand the financial markets and to learn to trade.</p><p></p><p>EToro is a combination of social network, trading platform as well as an educational tool. Anyone who sign-ups for eToro is able to view, comment on and copy the activity and actions of all others on the network, in addition to their own realized gains and losses so far (though only by a percentage to protect confidential financial information). While learning from the strategies of their colleagues, users can opt to invest in virtual currencies to get a better understanding and to practice before even putting their money on the line.</p><p>Additionally, based upon a trader's record, other users are able to duplicate their portfolio using eToro's "CopyTrader?" feature, which allows for a proportional allocation of funds to match the investor's portfolio, but can also create any trade the copied investor's makes. Furthermore the members can also to share, comment on or interact with certain people, assets, or markets -- they can also participate in the most recent debates and news concerning their area of interest.</p><p>However, despite being restricted in the beginning to crypto, many of the same features offered by eToro's other geographic markets will be accessible to users in the U.S. And alongside its trading platform, the company is launching its own digital multisignature eToro wallet. With it, users can send, store and receive multiple coins from a variety of cryptocurrencies.</p><p>Through these eToro logins U.S. users can currently transfer cryptocurrency to and from their trading accounts. And they are able to convert them easily and vice versa. The wallet's initial support will include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to make additional currencies soon.</p><p>EToro users can transact as well as share their trading activities and performance of their portfolios with other EToro users which allows users to exchange options that are executed using real dollars</p><p></p><p>The expansion plan, however, doesn't come without risks. EToro ventures into a competitive market -- alongside prominent trading platforms like Coinbase and Robinhood -in addition to launching its only in crypto during the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>Part of the strategy is directly related to the fact crypto is a more relaxed option 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 firmly grounded in its belief in the immense market opportunity which is created by the asset 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 stated in a conversation with TechCrunch?.</p><p>EToro has the long-term view in their strategy and hasn't been impacted by the current crypto market weakness. https://fatfowl1.bravejournal.net/post/2022/02/12/How-to-Buy-Bitcoin described the market's weakening to that of the dot com bubble with the result that, despite the crash the internet remained pervasive and altered the economic landscape in the longer term. Much like the web, Assia along with eToro believe that there is more than enough room for multiple winners in the wider crypto industry.</p><p>The company was the first market platform to offer support for Ethereum and Ripple and believes that as similar currencies mature and the next generation of investors mature, eToro will be there to help the two currencies 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>