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http://cqms.skku.edu/b/lecture/794625 Reports Fourth Quarter and Full Year 2021 ResultsThe social investment and trading platform eToro announced that it will be launching its services in the U.S. The platformwhich operates in more then 140 countries accessible in 30 states and two countries with plans to expand elsewhere in the U.S. after receiving the required regulatory approvals.<p></p><p>Its U.S. platform will only allow trading of crypto currencies at the time of launch, however eToro will be adding additional asset classes over the course of the next twelve months. The existing markets on eToro are where the 10 million or more users can trade and manage more than 1500 asset classes and markets that include bonds, stocks the cryptocurrencies, fiat currencies commodities, and many more.</p><p>Although eToro does support more advanced trading strategies , including short-selling and using leverage -- the service's transparency features and community engagement features are great tools in helping beginners learn about capital markets as well as how to trade.</p><p></p><p>EToro is a combination of trading platform, social network also an education resource. Any user who signs up to eToro will be able to read, write about and record the trading activity that other users of the network, as well as the actual losses and returns up to date (though only on a percentage basis to protect financial information that is sensitive). While learning from the strategies employed by their peers and trading partners, members can choose to make investments using virtual currency to test their skills and gain experience before even putting their money on the line.</p><p>On the other hand, based on a trader's track record, other customers can decide to copy their portfolios using eToro's "CopyTrader" feature, which will not only allocate money to match the trader's portfolio, but can also make any trade copied investor performs. Furthermore users can also choose to post comments, share information the posts of certain users, assets or markets -- giving them the opportunity to engage in the most current debates and news in their specific field of interest.</p><p>Even though it's limited only to crypto for the first time, virtually all of the features available in eToro's existing global markets will be available in the U.S. And alongside its trading platform it is also launching the multi-signature eToro wallet, where users can store, exchange and receive multiple coins across a multitude of cryptocurrencies.</p><p>Through the eToro clients, U.S. users can now transfer cryptocurrency into and out of their trading accounts. Users can easily convert between them in addition. The wallet initially supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company intends to make additional currencies soon.</p><p>EToro users can conduct transactions and share trading activities and performance of their portfolios with the community which allows users to exchange ideas that can be executed using real dollars</p><p></p><p>The expansion plan, however have a low risks. EToro enters a highly competitive marketplace -- alongside other well-known trading platforms such as Coinbase and Robinhood -and is now launching a exclusive crypto version in the midst of "crypto winter," where wide-spread weakness has plagued sector.</p><p>A significant part of the plan is because crypto is lighter from a licensing standpoint with other classes of assets within the highly unstructured and strict U.S. regulatory environment. The launch plan of eToro's is also heavily rooted by its belief in an enormous market opportunity associated with the 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 mentioned in a conversation with TechCrunch.</p><p>EToro has long-term perspectives with its strategy and isn't thrown by the current weakness in crypto. Assia believes that the market's slowdown is comparable as the dot-com boom, even though it crashed, the internet remained a part of it and perturbed the economy over the long-term. Just like Internet, Assia together with eToro believe that there is more than enough space for multiple winners in the wider crypto industry.</p><p>The company was the first market that was able to work with Ethereum and Ripple and believes that when similar currencies and the new generation of investors get older, eToro will be there to assist the two currencies in whatever way they need.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>"When I founded eToro, I envisioned a community where people could trade, invest and share their knowledge in a simple and transparent way," Assia 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>