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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced that it is launching it's platform across the U.S. The platform, which operates in over 140 different countries, will soon be accessible in 30 states as well as two territories. There are plans to expand elsewhere in the U.S. after receiving the necessary regulatory approvals.<p></p><p>This U.S. platform will only provide trading support for crypto assets at the time of launch, however eToro intends to include additional asset classes in the next 12 months. In the eToro markets that are currently available, its customers of 10 million are able to buy and sell more than 1500 asset classes and markets that include bonds, stocks and currencies such as cryptocurrencies, fiat currency commodities and more.</p><p>Even though eToro also supports more sophisticated trading strategies such as short-selling and the use of leverage, the service's transparency features and community engagement features are great tools that help beginners understand capital markets and understand how to trade.</p><p></p><p>EToro is equal parts trading platform, social network as well as an educational tool. Everyone who joins eToro can access, read, and comment on and copy the trading activity from everyone else on the network, and also their actual returns and losses to date (though only according to a percentage, in order to safeguard sensitive financial data). While learning from the strategies of their fellow traders customers can also invest with virtual currency to be able to train and practice their skills before investing their own money.</p><p>Based on a trading history, users can choose to mimic their portfolio by using eToro's "CopyTrader?" feature, which not only proportionally allocates funds in accordance with the trader's portfolio, but can also take any trade the copied investor's makes. Additionally they are also able to post comments, share information, engage with or follow specific individuals, assets or markets, so that they can participate in the latest discussions and news in their specific field of interest.</p><p>Although it is limited to crypto when it first launched, most of the features that exist in the current countries will be accessible in the U.S. And alongside http://cqms.skku.edu/b/lecture/794516 trading platform the company has announced its digital multi-signature eToro wallet, which allows users to have the ability to store, send and receive multiple coins across a multitude of cryptocurrencies.</p><p>With the eToro accounts U.S. users can now transfer cryptocurrencies from their trading accounts and could easily convert between them in addition. The wallet at first will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies accessible in the near future.</p><p>EToro users are able to make transactions as well as share their trading activities and performance of their portfolios with other EToro users and allow users to share ideas that are executed using real dollars</p><p></p><p>The expansion plan, however, does not come without risk. EToro is entering a competitive market -- in conjunction with popular trading platforms like Coinbase and Robinhood -and is planning to launch a digital currency-only platform in the middle of "crypto winter," where widespread weakness has plagued the sector.</p><p>The reason behind this strategy is due to the fact that crypto is less expensive from a licensing standpoint with other classes of assets within the extremely regulated and fragmented U.S. regulatory environment. However, the launch strategy of eToro is also heavily rooted by its belief in huge opportunities for market growth which is created by the asset 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 said in a conversation with TechCrunch?.</p><p>EToro has long-term perspective with its strategy and isn't thrown into the current crypto slump. https://telegra.ph/How-to-Buy-Bitcoin-02-10-39 described the market's weakening and the dot.com bubble where , despite the collapse, the internet continued to be a force that perturbed the economy over the long-term. Just like web-based technology Assia is also eToro believe there will be more than enough space for multiple winners within the wider crypto ecosystem.</p><p>The company was the very first market platform that was able to work with Ethereum and Ripple and is confident that , as these 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," said Assia. " https://desertelbow6.tumblr.com/post/675808131509616640/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>