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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced that it will be launching their platform within the U.S. The platform, that currently has operations in more that 140 international countries, would be available in 30 states and 2 territories, with plans to expand beyond the U.S. after receiving the necessary regulatory approvals.<p></p><p>This U.S. platform will only offer trading on crypto assets when it launches, but eToro plans to offer additional asset classes over the course of the next twelve months. With the existing markets, its customers of 10 million can buy and sell more than 1500 asset classes and markets such as bonds, stocks the cryptocurrencies, fiat currencies commodities, and many more.</p><p>Even though eToro can also support more advanced techniques for trading -- such as short-selling , as well as the use leverage -- the features of the platform's transparency and social engagement features make it a great tool that help beginners understand capital markets , and also learn to trade.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p></p><p>EToro is equal parts trading platform, social network for education and trading platform. Anyone who signs up for eToro is able to observe, comment and even copy the trading actions from everyone else on the network, as well as the actual losses and returns to date (though only in a percentage-based basis to safeguard confidential financial information). While studying the strategies of their peers, users can opt to invest in virtual currencies to learn and practice before making a decision to invest their own money.</p><p>However, based off a trader's record, other users may choose to copy their portfolio with eToro's "CopyTrader?" feature, which does not just allocate money to match the trader's portfolio, but it also allows the copied investor to automatically make any trade the copied investor's make. Furthermore it allows members to interact, post comments on their favorite topics, interact with or follow particular individuals, assets or markets, permitting them to join in all the latest debates and information about their particular area of interest.</p><p>Although it is limited to crypto initially, most of the features offered by eToro's other market will be available in the U.S. And alongside its trading platform in the coming months, the company will also launch its multi-signature digital eToro wallet. Users can keep, send and receive multiple coins using a variety of different cryptocurrencies.</p><p>With these eToro account, U.S. users can now transfer cryptocurrency into and from their trading account . Additionally, they are able to convert them easily and also. The wallet will initially accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company intends to make additional currencies readily available in the coming months.</p><p>EToro users can carry out transactions and share trading and performance of their portfolios with other EToro users which allows users to exchange ideas that are executed using real dollars</p><p></p><p>The expansion plan, however, doesn't come without the risk. EToro will be entering into a highly competitive market -- along with other prominent trading platforms like Coinbase as well as Robinhood -- and is launching its only in crypto during the midst of "crypto winter," where wide-spread weakness has plagued sector.</p><p>A significant part of the plan is related to the fact that crypto is an easier lift from a licensing standpoint the other types of asset within the highly unstructured and strict U.S. regulatory environment. The launch plan of eToro's has its roots in its belief in the immense market opportunity due to the tokenization of the 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 mentioned in a interview with TechCrunch?.</p><p>EToro has long-term perspective with its approach and isn't overthrown by the current cryptocurrency weakness. http://www.docspal.com/viewer?id=- related the market's decline in the wake of the dot-com crash, where , despite its collapse, the internet persisted and altered the economic landscape in the long run. Similar to the internet, Assia along with eToro believe that there is more than enough room to make multiple winners in the wider crypto economy.</p><p>The company was the very first market platform that was able to work with Ethereum and Ripple, and believes that , as similar currencies and the future generation of investors mature, eToro will be there to help any time and 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>