newellstevenson483576

Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social trading and investing platform eToro announced that it is launching their platform within the U.S. Its platform, currently operates in more then 140 locations, will eventually be accessible in 30 states as well as two territories. There are plans to expand elsewhere in the U.S. after receiving the needed regulatory approvals.<p></p><p>Its U.S. platform will only be able to support trading for crypto assets at launch, but eToro intends to include additional asset classes within the next 12 months. The existing markets on eToro are where its 10 million plus customers are able to deal and hold more than 1500 asset classes and markets that include bonds, stocks, cryptocurrencies, fiat currencies commodities, and many more.</p><p>Even though eToro offers more advanced trade strategies -- which include short-selling and leverage -- the platform's transparency , community engagement features can be great tools for people who are new to 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 is a member of eToro can observe, share and follow the trading actions of other members of the network, and also their realized losses and gains so far (though only at a % basis to ensure the security of sensitive financial information). While studying the methods of their peers or using the platform, users can use virtual currency in order to practise and train effectively before making a decision to invest their own money.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>Or, depending on a previous track record of a trader, other customers can decide to copy their portfolios by using the "CopyTrader?" feature, which does not just allocate funds to the trader's portfolio, it can also make any trade the copied investor's makes. On top of that users also have the option to share, comment on and engage with specific individuals, assets or markets -- permitting them to join in the most recent debates and news concerning their area of interest.</p><p>While the platform is restricted to crypto initially, virtually all of the features currently available to eToro's geographical markets will be available throughout the U.S. And alongside its trading platform it's also launching its digital multi-signature eToro wallet, which users can keep, send and receive various coins across a variety of cryptocurrencies.</p><p>By using them with their eToro clients, U.S. users can now transfer cryptocurrencies to and from their trading account and can easily convert between the two and also. The wallet initially supports 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 execute transactions and share their trading activity and portfolio performance with the community that allows users to talk about ideas that can be executed using real dollars</p><p></p><p>The expansion plan, however have a low risks. http://bvkrongbong.com/Default.aspx?tabid=120&ch=408686 is entering a competitive market -- with well-known trading platforms such as Coinbase and Robinhood -it is also launching its cryptocurrency-only version during the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>A large part of the strategy is related to the fact that crypto is less expensive from a licensing perspective relative with other classes of assets within the rigid and extremely fragmented U.S. regulatory environment. However, the eToro launch strategy is also heavily rooted by its belief in the vast market opportunities that comes with cryptocurrency 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, in a interview with TechCrunch?.</p><p>EToro has a long-term view with its approach and isn't overthrown at by the current market weakness. Assia related the market's decline as the dot-com boom where , despite the collapse, the internet was still a major factor and created disruption in the long-term. Much like Internet, Assia as well as eToro believe there will be enough space for multiple winners in the larger crypto market.</p><p>It was the first market to support Ethereum and Ripple and believes that as similar currencies and the new generation of investors get older, eToro will be there to help the two currencies in whatever way 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>