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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? trading and social investing platform eToro announced that it will officially launch its website in U.S. The platform, that currently is in operation in more than 140 international countries, would be available in 30 states as well as two territories. There are plans to expand throughout the U.S. after receiving the required regulatory approvals.<p></p><p>Its U.S. platform will only allow trading of crypto currencies initially, however eToro plans to offer additional assets classes within the next 12 months. In the eToro markets that are currently available, the company's 10 million-plus users can trade and hold more than 1500 asset classes and markets comprising bonds, stocks and currencies such as cryptocurrencies, fiat currency commodities, and more.</p><p>Though eToro also supports more sophisticated trading strategies , such as trading with short-terms and leverage, the features of the platform's transparency and social engagement capabilities are excellent tools that help beginners understand markets and discover how to trade.</p><p></p><p>EToro is a combination of trading platform, social network as well as an educational tool. Everyone who joins eToro can view, discuss or copy the trading activities as well as the other members on the network, as well as the actual losses and returns to date (though only on a per-cent basis to protect financial information that is sensitive). While learning from the strategies of their peers and trading partners, members can choose to make investments using virtual currency to practise and train effectively before taking the plunge and risking their own funds.</p><p>In addition, based on a trader's track record, other members can copy their portfolio through eToro's "CopyTrader?" feature, which not only proportionally allocates funds to match the investor's portfolio, but will also make any trade copy investor does. In addition, members are also able be able to share, make comments on and engage with certain users, assets or markets, which allows them to be part of the latest discussion and updates on their particular field of interest.</p><p>While it will be limited to crypto when it first launched, virtually all of the features available in the existing geographic markets will be accessible to users in the U.S. And alongside its trading platform and services, the company has launched it's digital multi-signature eToro wallet, which allows users to can store, send and receive many coins across a myriad of crypto currencies.</p><p>Through them with their eToro account, U.S. users can transfer cryptocurrency funds to and from their trading account . They have the ability to easily convert between in addition. The wallet is initially able to support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to make additional currencies available in the near time.</p><p>EToro users can execute transactions that allow them to share trading information and performance of their portfolios with other EToro users, allowing users to discuss ideas and implement them with real dollars</p><p></p><p>The expansion plan, however, does not come without the risk. EToro wants to join a highly competitive market -- with popular trading platforms like Coinbase as well as Robinhood -- and is launching its solely in the middle of "crypto winter," where massive weakness has plagued the sector.</p><p>A significant part of the plan is due to the fact that crypto has a lower cost from a licensing standpoint in comparison to the rest of the asset class within the highly complex and strict U.S. regulatory environment. However, eToro's strategy for launching is also firmly rooted in the company's belief in an enormous market opportunity which is created by the currency 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 has long-term perspective with its strategies and doesn't get sucked by the current crypto market weakness. https://bvphusanct.com.vn/Default.aspx?tabid=120&ch=15830 was comparing the market's softness in the wake of the dot-com crash even though it crashed, the internet was still a major factor and perturbed the economy over the long term. Just like https://telegra.ph/How-to-Buy-Bitcoin-02-11-59 , Assia is also eToro believe that there will be more than enough space for multiple winners in the larger crypto ecosystem.</p><p>The company was the very first platform in its markets to support Ethereum and Ripple and believes that when similar currencies and the new generation of investors get older, eToro will be there to assist them in any way they require.</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."<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p>