vaughanzhu311937

Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investing and trading platform eToro announced that they will soon launch their platform within the U.S. The platform, which currently has operations in more that 140 countries, will be available in 30 states and two territories . It also has plans for expansion elsewhere in the U.S. after receiving the necessary regulatory approvals.<p></p><p>Its U.S. platform will only be able to support trading for crypto assets in the beginning, but eToro plans to add more asset classes in the next twelve months. In the current market, the company's 10 million-plus users can trade and store more than 1500 asset classes and markets that include bonds, stocks and currencies such as cryptocurrencies, fiat currency commodities and more.</p><p>While eToro also supports more sophisticated trading strategies , including trading with short-terms and leverage, the platform's transparency and community engagement features serve as excellent tools used by beginners to master the financial markets and to learn to trade.</p><p></p><p>EToro is a combination of social network, trading platform along with an online educational source. Anyone who signs up for eToro can see, comment and replicate the trading activities for everyone else on the network, in addition to the actual losses and returns up to date (though only at a % basis to safeguard sensitive financial data). While studying other traders' strategies the users are able to play with virtual currency and test their skills and gain experience before taking the plunge and risking their own funds.</p><p>Based on a trader's track record, other users may choose to copy their portfolio using eToro's "CopyTrader?" feature, which allows for a proportional allocation of funds in line with the trader's portfolio, but can also create any trade the copy investor does. Furthermore https://notes.io/UMf3 allows members to post comments, share information, engage with or follow specific users, asset types or markets, allowing them to participate in all the latest debates and information regarding their particular area of interest.</p><p>However, despite being restricted to crypto at the time of launch, nearly all of the features offered by eToro's other geographic markets will be accessible for users within the U.S. And alongside its trading platform it is also launching the multi-signature eToro wallet. With it, users have the ability to store, send and receive multiple coins in a wide range of cryptocurrencies.</p><p>Using your eToro account, U.S. users can transfer cryptocurrencies into and from their trading account . Additionally, they will be able to convert between them and also. The wallet will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to make additional currencies readily available in the coming months.</p><p>EToro users can make transactions and share trading activities and portfolio performance with the community in order to discuss ideas and implement them with real dollars</p><p></p><p>The expansion plan, howeverdoes come without risk. EToro has entered a competitive market -- with popular trading platforms like Coinbase as well as Robinhood -as well as launching its exclusively in the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>The reason behind this strategy is caused by the fact that crypto is a lighter lift from a licensing point of view compared with other classes of assets within the highly unstructured and strict U.S. regulatory environment. But https://controlc.com/252eee9e to launch its product has its roots into the company's belief the huge market potential that comes with tokenization and 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 an conversation with TechCrunch?.</p><p>EToro has long-term perspective with its strategies and doesn't get sucked with the current crypto weakness. Assia was comparing the market's softness with the bubble of dotcom, even though it crashed, the internet remained a part of it and destroyed the economy in long run. As with the web, Assia along with eToro believe that there will be more than enough space for multiple winners within the wider crypto ecosystem.</p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>The company was the first market to accept Ethereum and Ripple and believes in the future that as related currencies and the future generation of investors mature, eToro will be there to support these currencies wherever and 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>