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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. The platform, that currently is in operation in more than 140 countriesaround the world, will now be available in 30 states and two territories with plans to expand to other areas of the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>Its U.S. platform will only allow trading of crypto assets at the time of launch, however eToro plans to expand its assets classes within the next twelve months. In the eToro markets that are currently available, the company's 10 million+ users are able to deal and hold more than 1500 asset classes in markets which include bonds, stocks and currencies such as cryptocurrencies, fiat currency, commodities and more.</p><p>Though eToro is able to support more advanced trading strategies -- including short-selling and using leverage, the platforms' transparency and community engagement features act as great tools used by beginners to master the market and how to trade.</p><p></p><p>EToro is a combination of social network, trading platform as well as an educational tool. Anyone who registers on eToro is able to view, comment on and copy the trading activity for everyone else on the network, in addition to their real-time returns and losses so far (though only in a percentage-based basis to secure sensitive financial information). While studying the strategies of their peers customers can also play with virtual currency and get a better understanding and to practice before actually risking their own money.</p><p>Or, depending on a traders track record, users can also choose to replicate the portfolio using eToro's "CopyTrader?" feature, which does not just allocate funds in accordance with the trader's portfolio, but it also allows the copied investor to automatically perform any trade that the copied investor makes. Additionally users are also able to connect, comment on and engage with certain individuals, assets, or markets -- making it possible for them to take part in all the latest debates and information concerning their area of interest.</p><p>While it will be limited to crypto at the time of launch, basically all of the features currently available to eToro's regions will be made available for users within the U.S. And alongside its trading platform the company is launching an online multi-signature eToro wallet. Users have the ability to store, send and receive multiple coins in a wide range of different cryptocurrencies.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>Using your eToro Accounts, U.S. users can currently transfer cryptocurrency to and out of their trading accounts. Users have the ability to easily convert between, as well. The wallet at first will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to offer additional currencies to be available in near future.</p><p>EToro users can carry out transactions in exchange for sharing trading activities and performance of their portfolios with the community with the ability to discuss ideas that are executed using real dollars</p><p></p><p>The expansion program, however have a low risk. EToro has entered a competitive marketplace -- alongside other top trading platforms such Coinbase and Robinhood -and has announced a crypto-only version in the midst of "crypto winter," where widespread instability has plagued the sector.</p><p>Part of the reason for this is caused by the fact that cryptocurrency is more lenient from a licensing point of view compared with other classes of assets in the highly unstructured and strict U.S. regulatory environment. However, eToro's approach to launch is also firmly rooted in the firm's belief in the vast market opportunity that comes with tokenization of 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 interview with TechCrunch?.</p><p>EToro has long-term perspectives with the company's strategy and isn't deterred by the current weakness in crypto. Assia described the market's weakening on the other hand to the dot-com bubble with the result that, despite the crash Internet still permeated and caused disruption to the economy in long-term. And just like with Internet, Assia as well as eToro believe that there is more than enough space for multiple winners within the larger crypto-related ecosystem.</p><p>It was the first market platform that was able to work with Ethereum and Ripple and is confident that as the two currencies are similar and the new generation of investors get older, eToro will be there to help their users 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. " https://controlc.com/1c99efbc 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>