wittstorm503945

Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? social investment and trading platform eToro announced it is launching it's platform across the U.S. The platform, which already operates in more than 140 different countries, will soon be available in 30 states and two territories . It also has plans to expand elsewhere in the U.S. after receiving the needed regulatory approvals.<p></p><p>This U.S. platform will only allow trading of crypto assets in the beginning, but eToro is planning to launch additional categories of assets within the next 12 months. Within the existing markets of eToro, the company's 10 million+ users can invest in and hold more that 1,500 different asset classes and markets such as bonds, shares and cryptocurrencies, as well as fiat currencies commodities, and more.</p><p>While eToro has more advanced trading strategies -- such as selling short and the use of leverage, the features of the platform's transparency and social engagement features are great tools for newcomers to explore the markets and discover how to trade.<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p></p><p>EToro is equal parts trading platform, social network for education and trading platform. Anyone who is a member of eToro can view, discuss and copy the trading activity as well as the other members on the network, in addition to their realized losses and gains to date (though only on a percentage basis in order to safeguard confidential financial information). While studying the strategies used by their peers, users can opt to invest in virtual currencies to learn and practice before taking the plunge and risking their own funds.</p><p>If you want to, based on the trading history, members can copy their portfolios using eToro's "CopyTrader?" feature, which allows for a proportional allocation of funds to fit the trader's portfolio, but will also make any trade copied investor's makes. Furthermore http://www.docspal.com/viewer?id=- can also choose to share, discuss or interact with certain users, assets or markets -- which allows them to be part of the latest debate and news related to their specific area of interest.</p><p>However, despite being restricted by crypto at launch basically all of the functions available on the existing geographic markets will be accessible at a lower cost in the U.S. And alongside its trading platform and its trading platform, the company will launch the digital multi-signature eToro wallet. Users can save, transfer and receive numerous coins across a variety of cryptocurrencies.</p><p>By using them with their eToro account, U.S. users can transfer cryptocurrency to and from their trading accounts. They will be able to convert between them in addition. It will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to offer additional currencies accessible in the near future.</p><p>EToro users can transact and share their trading activity and performance of their portfolios with the community and allow users to share ideas and implement them with real dollars</p><p></p><p>The expansion program, however have a low risk. EToro will be entering into a highly competitive marketplace , alongside major trading platforms like Coinbase and Robinhood -as well as launching its cryptocurrency-only version during the midst of "crypto winter," where widespread weakness has afflicted the sector.</p><p>A portion of the strategy can be in part due to the reality that crypto is an easier lift from a licensing perspective relative to other asset classes in the highly restrictive and fragmented U.S. regulatory environment. But the company's plan to launch its product is also solidly rooted by its belief in the massive market opportunity which is created by the digital tokenization of asset.</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 remarked in a conversation with TechCrunch?.</p><p>EToro has an approach that is long-term in its strategies and doesn't get sucked by the current cryptocurrency weakness. Assia was comparing the market's softness to the dot-com bubble, which, despite the market crash, the internet continued to be a force that created disruption in the long term. Just like the internet, Assia together with eToro believe that there is more than enough room for multiple winners within the larger crypto market.</p><p>The company was the very first market that supported Ethereum and Ripple and is confident that as similar currencies develop and the future generation of investors mature, eToro will be there to help these currencies wherever and in whatever way 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," 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>