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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced that it is finally launching its platforms in U.S. Its platform, currently is in operation in more than 140 different countries, will soon be accessible in 30 states and two jurisdictions with plans to expand to other areas of the U.S. after receiving the required regulatory approvals.The U.S. platform will only provide trading support for crypto assets initially, however eToro is planning to launch additional asset classes over the next twelve months. In https://knifebirch6.bravejournal.net/post/2022/02/11/How-to-Buy-Bitcoin existing markets, the more than 10 million users can trade and hold more than 1500 different asset classes as well as markets such as bonds, stocks or cryptocurrencies, currencies that are fiat commodities, and many more.While eToro is able to support more advanced trading strategies such as short-selling as well as the use of leverage -- the platform's transparency as well as community engagement features make it a great tool for those who are just beginning to understand the capital markets , and also learn to trade.EToro is a combination of social network, trading platform also an education resource. Anyone who sign-ups for eToro has the ability to see, post comments and replicate the trading activities from everyone else on the network, and also their actual returns and losses up to date (though only on a percentage basis to safeguard confidential financial information). While learning from the techniques of their counterparts and trading partners, members can choose to play with virtual currency and learn and practice before actual risking their money.On the other hand, based on a trader's track record, other users can choose to mimic their portfolios by using the "CopyTrader?" feature, which not only proportionally allocates funds to the trader's portfolio but can also automatically make any trade copied investor's. In addition, members are also able to connect, comment on or engage with specific individuals, assets or markets -- giving them the opportunity to engage in all the latest debates and information about their particular area of interest.Although the service is limited to crypto when it first launched, basically all of the functions available on the existing global markets will be available throughout the U.S. And alongside its trading platform the company is launching it's digital multi-signature eToro account, where users can save, transfer and receive many coins across a myriad of different cryptocurrencies.By using Their eToro customers' accounts U.S. users can transfer cryptocurrencies into and from their trading account . They could easily convert between them 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 to be available in near future.EToro users can make transactions and share their trading activity and performance of their portfolios with the community with the ability to discuss options that are executed using real dollarsThe expansion strategy, however, doesn't come without risk. EToro is entering a competitive market -- along with other popular trading platforms like Coinbase as well as Robinhood -in addition to launching its solely in the middle of "crypto winter," where the widespread weakness has plagued the sector.A significant part of the plan is caused by the fact that crypto is a more relaxed option in terms of licensing compared the other types of asset in the extremely regulated and fragmented U.S. regulatory environment. However, the launch strategy of eToro is also firmly rooted in the firm's belief in the immense market opportunity in the tokenization of the assets."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 remarked in a conversation with TechCrunch?.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>EToro has the long view with its plan of action and isn't being frightened by the current weakness in crypto. Assia related the market's decline and the dot.com bubble even though it crashed, the internet was still a major factor and destroyed the economy in long-term. Like the internet, Assia is also eToro believe there will be more than enough room to make multiple winners in the larger crypto market.The company was the very first market platform that was able to work with Ethereum and Ripple, and believes that as similar currencies develop and the next generation of investors mature, eToro will be there to assist them in any way they require."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. "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."

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