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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it is set to launch its services in the U.S. The platform, which already is in operation in more than 140 countries accessible in 30 states and 2 territories, with plans to expand across the U.S. after receiving the needed regulatory approvals.<p></p><p>The U.S. platform will only accept trading in crypto assets in the beginning, but eToro plans to introduce additional assets classes within the next twelve months. On eToro's current markets, its more than 10 million customers are able to trade and store more than 1,500 different asset classes and markets, including stocks, bonds along with cryptocurrencies, fiat currencies commodities, and many more.</p><p>Though eToro does support more advanced trading strategies , including short-selling and the use of leverage, the platforms' transparency and community engagement capabilities are excellent tools 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 along with an online educational source. Anyone who joins eToro is able to view, comment on and record the trading activity from everyone else on the network, in addition to their real-time returns and losses up to date (though only by a percentage to safeguard confidential financial information). While learning from the strategies used by their peers the users are able to play with virtual currency and learn and practice before actually risking their own money.</p><p>Alternatively, based on a previous track record of a trader, other members can copy their portfolio through eToro's "CopyTrader?" feature, which does not just allocate money to match the trader's portfolio, but will also perform any trade that the copied investor's. On http://www.benhvienvinhchau.com/Default.aspx?tabid=120&ch=6654 of that users can also choose be able to share, make comments on and engage with certain users, assets or markets, allowing them to participate in the latest debate and news in their specific field of interest.</p><p>While it will be limited to crypto when it first launched, practically all of these features currently available to eToro's locations will be offered within the U.S. And alongside its trading platform the company has announced its digital multi-signature eToro wallet, which users can send, store and receive various coins across a variety of cryptocurrencies.</p><p>With their eToro and eToro accounts U.S. users can now transfer cryptocurrency into and from their trading accounts. They can easily convert between the two, as well. It will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to make additional currencies soon.</p><p>EToro users can conduct transactions and share their trading activity and performance of their portfolios with other EToro users with the ability to discuss ideas and implement them with real dollars</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p></p><p>The expansion plan, however, doesn't have a low risk. EToro is entering a competitive market -- in conjunction with prominent trading platforms like Coinbase and Robinhood -as well as launching its cryptocurrency-only version during the midst of "crypto winter," where widespread instability has plagued the sector.</p><p>The reason behind this strategy is attributable to the fact that crypto has a lower cost from a licensing standpoint compared similar asset classes in the rigid and extremely fragmented U.S. regulatory environment. However, eToro's strategy for launching is also firmly rooted in its belief in the immense market opportunity for 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 remarked in a conversation with TechCrunch?.</p><p>EToro has an opportunistic approach to its plan of action and isn't being frightened off by the current weakening of crypto. Assia has compared the current market weakness by comparing it to the dotcom bubble where , despite the collapse, the internet remained pervasive and destroyed the economy in long-term. Similar to technology, Assia along with eToro believe there will be more than enough space for multiple winners within the wider crypto ecosystem.</p><p>The company was the first platform to support Ethereum and Ripple, and believes that when similar currencies and the new generation of investors get older, eToro will be there to support these currencies wherever and in any way that they need.</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>