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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 it will officially launch their platform within the U.S. The platform, that currently operates in over 140 countriesaround the world, will now be accessible in 30 states and two territories with plans to expand to other areas of the U.S. after receiving the necessary regulatory sign-offs.<p></p><p>The U.S. platform will only allow trading of crypto currencies initially, however eToro plans to add additional categories of assets within the next twelve months. The existing markets on eToro are where the company's 10 million-plus users can exchange and keep more than 1500 different asset classes as well as markets which include bonds, stocks the cryptocurrencies, fiat currencies commodities, and many more.</p><p>Though eToro does support more advanced trading strategies , such as short-selling as well as the use of leverage -- the platform's transparency , community engagement features make it a great tool for novices to get familiar with the market and how to trade.</p><p></p><p>EToro is a social network, trading platform and educational resource. Anyone who joins eToro is able to observe, comment as well as copy the trades of other members of the network, in addition to their realized losses and gains so far (though only on a percentage basis in order to protect confidential financial information). While learning from the strategies used by their peers the users are able to invest in virtual currencies to practice and effectively train before placing their money at risk.</p><p>Alternatively, based on a trader's record, other users can choose to mimic their portfolio by using eToro's "CopyTrader" feature, which will not only allocate funds that match the trader's portfolio, but will also ensure that any trade the copy investor does. Furthermore members also have the ability to share, discuss or interact with particular users, assets, or markets -- so that they can participate in the most recent debates and news regarding their particular area of interest.</p><p>Although it is limited to crypto when it first launched, nearly all of the features available in the existing regions will be made available at a lower cost in the U.S. And alongside its trading platform it's also launching its multi-signature digital eToro account, where users can save, transfer and receive numerous coins across a variety of different cryptocurrencies.</p><p>Utilizing these eToro customers' accounts U.S. users can move cryptocurrencies onto and from their trading accounts. They can easily convert between the two and also. The wallet will initially accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies available in the near time.</p><p>EToro users can use transactions and share trading activities and portfolio performance with the community which allows users to exchange options that are executed using real dollars<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p></p><p>The expansion plan, however, doesn't have a low risks. EToro ventures into a highly competitive market -- alongside famous trading platforms such as Coinbase and Robinhood -and is also launching a cryptocurrency-only version during the midst of "crypto winter," where widespread weakness has afflicted the sector.</p><p>A significant part of the plan is partly due to the fact crypto has a lower cost in terms of licensing and other investment classes within the highly restrictive and fragmented U.S. regulatory environment. But the company's plan to launch its product is also heavily rooted by its belief in the huge market potential which is created by 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 conversation with TechCrunch.</p><p>EToro has the long-term view in the company's strategy and isn't deterred at by the current market weakness. Assia believes that the market's slowdown is comparable by comparing it to the dotcom bubble where , despite the collapse, the internet remained pervasive and disrupted the economy in the long run. And just like with it, Assia together with eToro believe there will be more than enough space for multiple winners within the broader crypto ecosystem.</p><p>The company was the first market to accept 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 help their users in 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," 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>