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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced that it is launching its platform in the U.S. https://telegra.ph/How-to-Buy-Bitcoin-02-11-112 , which operates in more than 140 countriesaround the world, will now be available in 30 states and 2 territories, with plans to expand beyond the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>This U.S. platform will only provide trading support for crypto assets when it launches, but eToro plans to introduce additional asset classes over the course of the next twelve months. In eToro's existing markets, the company's 10 million+ users can buy and sell more than 1500 different asset classes as well as markets, including stocks, bonds and cryptocurrencies, as well as fiat currencies commodities, and more.</p><p>Although eToro also supports more sophisticated trade strategies -- which include short-selling and the use of leverage -- the system's transparency and community involvement functions are great resources in helping beginners learn about trading markets and learn to trade.</p><p></p><p>EToro is equal parts social network, trading platform and educational resource. Anyone who is a member of eToro has the ability to see, post comments and copy the trading activity for everyone else on the network, in addition to their realized returns and losses so far (though only by a percentage to ensure the security of sensitive financial information). While learning from the strategies of their fellow traders as well, they are able to utilize virtual currency to practise and train effectively before investing their own money.</p><p>Alternatively, based on a trader's track record, other users are able to duplicate their portfolios using eToro's "CopyTrader?" feature, which can not only distribute funds in accordance with the trader's portfolio, but also will automatically make any trade copied investor's makes. In addition they are also able to connect, comment on and engage with particular users, assets, or markets, allowing them to participate in the latest discussions and news about their particular area of interest.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>Although it is limited to crypto initially, virtually all features offered by eToro's other market will be available for users within the U.S. And alongside its trading platform it's also launching the digital multi-signature eToro wallet. With it, users can keep, send and receive numerous coins across a variety of different cryptocurrencies.</p><p>By using one of their eToro clients, U.S. users can currently transfer cryptocurrency to and from their trading accounts. And they have the ability to easily convert between and vice versa. The wallet initially supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company plans to make additional currencies accessible in the near future.</p><p>EToro users can carry out transactions and share trading and performance of their portfolios with the community in order to discuss options that are executed using real dollars</p><p></p><p>The expansion plan, however, doesn't come without risk. EToro plans to enter a highly competitive market, along with other popular trading platforms like Coinbase as well as Robinhood -and has announced a exclusive crypto version in the midst of "crypto winter," where widespread weakness has plagued the sector.</p><p>The reason behind this strategy is in part due to the reality that crypto is a more relaxed option from a licensing standpoint in comparison to the rest of the asset class within the highly complex and strict U.S. regulatory environment. But the company's plan to launch its product has its roots into the company's belief huge opportunities for market growth that exists 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 told a interview with TechCrunch?.</p><p>EToro is taking an outlook on the future with its approach and isn't overthrown by the current cryptocurrency weakness. Assia believes that the market's slowdown is comparable on the other hand to the dot-com bubble, that despite the downfall, the internet continued to permeate and disrupted the economy in the long run. Similar to Internet, Assia together with eToro believe that there will be more than enough room for multiple winners within the larger crypto-related ecosystem.</p><p>The company was the very first platform in its markets that was able to work with Ethereum and Ripple, and believes that as the two currencies are similar and the new generation of investors get older, eToro will be there to assist them 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://bananabell5.tumblr.com/post/675927674911375360/how-to-buy-bitcoin 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>