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http://www.docspal.com/viewer?id=- Reports Fourth Quarter and Full Year 2021 ResultsThe social trading and investing platform eToro announced that it will finally be launching its services in the U.S. The platform, which currently is in operation in more than 140 countries, will be available in 30 states and 2 territories, with plans to expand outside of the U.S. after receiving the necessary regulatory approvals.<p></p><p>Its U.S. platform will only accept trading in crypto assets in the beginning, but eToro plans to introduce additional asset classes within the next 12 months. Within the existing markets of eToro, the 10 million or more users can exchange and keep more than 1500 asset classes and markets, including stocks, bonds the cryptocurrencies, fiat currencies commodities, and more.</p><p>While eToro can also support more advanced trading strategies such as short-selling as well as the use of leverage, the features of the platform's transparency and social engagement capabilities are excellent tools for newcomers to explore the financial markets and to learn to trade.</p><p></p><p>EToro is a trading platform, social network along with an online educational source. Anyone who sign-ups for eToro can view, discuss and follow the trading actions of everyone else on the network, and also the actual losses and returns to date (though only on a per-cent basis to safeguard confidential financial information). While learning from the strategies of their peers they can also choose to use virtual currency in order to practice and effectively train before taking on risk with their own money.</p><p>However, based off a trader's record, other users may choose to copy their portfolio using eToro's "CopyTrader" feature, which will not only allocate funds to match the trader's portfolio, but also automates complete any trade the copy investor does. Additionally it allows members to share, discuss, engage with or follow specific users, asset types or markets, they can also participate in the most recent debates and news concerning their area of interest.</p><p>Although it is limited to crypto at the time of launch, virtually all functions available on the existing geographic markets will be accessible to users in the U.S. And alongside its trading platform in the coming months, the company will also launch an online multi-signature eToro wallet. This wallet will let users are able to store, send, and receive multiple coins from a variety of cryptocurrency.</p><p>By using these eToro and eToro accounts U.S. users can move cryptocurrencies onto and through their trading account. In addition, they are able to convert them easily in addition. The wallet initially will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to make additional currencies to be available in near future.</p><p>EToro users can conduct transactions and share trading and performance of their portfolios with the community in order to discuss ideas , and then execute the transactions using real dollars</p><p></p><p>The expansion plan, howeverdoes come without risks. EToro wants to join a competitive market -- alongside prominent trading platforms like Coinbase and Robinhood -in addition to launching its digital currency-only platform in the middle of "crypto winter," where widespread weakness has plagued the sector.</p><p>A significant part of the plan is caused by the fact that cryptocurrency is more lenient from a licensing standpoint the other types of asset within the highly unstructured and strict U.S. regulatory environment. However, the eToro launch strategy is also in its belief in the vast market opportunities that comes with 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, in a interview with TechCrunch.</p><p>EToro has an outlook on the future with their strategy and hasn't been impacted at by the current market weakness. Assia was comparing the market's softness as the dot-com boom, where , despite the collapse, the internet continued to be a force that affected the economy in the long term. As with online, Assia is also eToro believe there will be more than enough space for multiple winners within the larger crypto ecosystem.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>It was the first market to be able to support Ethereum and Ripple, and believes in the future that as related currencies and the next generation of investors mature, eToro will be there to help the two currencies in the way they need it.</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," 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>