zachariassenlowery556637

Robinhood Reports Fourth Quarter and Full Year 2021 Results<iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>The social investing and trading platform eToro announced that it will be launching its website in U.S. The platform, that currently is available in more than 140 different countries, will soon be accessible in 30 states and two regions with plans to expand across the U.S. after receiving the required regulatory approvals.<p></p><p>Its U.S. platform will only allow trading of crypto currencies at launch, but eToro plans to add more asset classes in the next twelve months. In eToro's existing markets, the more than 10 million users are able to trade and hold more than 1500 different asset classes and markets which include bonds, stocks and currencies such as cryptocurrencies, fiat currency commodities, and more.</p><p>While eToro has more advanced trading strategies -- such as short-selling and the use of leverage, the platform's transparency and engagement capabilities are excellent tools for newcomers to explore the capital markets and understand how to trade.</p><p></p><p>EToro is equal parts trading platform, social network along with an online educational source. Anyone who signs up for eToro can view, discuss or copy the trading activities of all other users on the network, and also their real-time returns and losses so far (though only as a percentage basis, to safeguard sensitive financial data). While studying the strategies of their colleagues or using the platform, users can utilize virtual currency to practice and effectively train before taking the plunge and risking their own funds.</p><p>In addition, based on a trader's record, other customers can decide to copy their portfolio using eToro's "CopyTrader?" feature, which does not just allocate funds to fit the trader's portfolio but also can automatically complete any trade the copied investor's makes. Furthermore members also have the ability to share, comment on or interact with certain users, assets or markets -- which allows them to be part of the most current debates and news about their specific area of interest.</p><p>Although it's only limited to cryptocurrency at first, almost all the same features available in the existing geographical markets will be available within the U.S. And alongside https://swampstool7.bravejournal.net/post/2022/02/11/How-to-Buy-Bitcoin trading platform it's also launching its digital multi-signature eToro wallet. With it, users can save, transfer and receive several coins across a range of crypto currencies.</p><p>Utilizing them with their eToro clients, U.S. users can currently transfer cryptocurrency to and from their trading accounts and can easily convert between them in addition. The wallet will initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to offer additional currencies available in the near future.</p><p>EToro users can conduct transactions and share trading and performance of their portfolios with other EToro users by allowing users to debate ideas , and then execute the transactions using real dollars</p><p></p><p>The expansion strategy, however, doesn't come without risks. EToro moves into a highly competitive market -- with popular trading platforms , such as Coinbase as well as Robinhood -and is now launching a crypto-only version in the midst of "crypto winter," where general weakness has plagued this sector.</p><p>One aspect of the strategy is directly related to the fact cryptocurrency is considered to be a less costly asset from a licensing standpoint compared different asset types in the highly regulated and splintered U.S. regulatory environment. However, eToro's approach to launch is also strongly rooted in its belief in the huge market potential which is created by the asset 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 mentioned in a conversation with TechCrunch?.</p><p>EToro is taking long-term perspective with its business plan and isn't affected at by the current market weakness. https://notes.io/U9uc described the market's weakening as the dot-com boom, where despite the crash, the internet continued to permeate and disrupted the economy in the longer term. And just like with an internet connection, Assia as well as eToro believe that there will be more than enough room for multiple winners in the larger crypto market.</p><p>It was the first platform in its market to support Ethereum and Ripple and is confident that as similar currencies and the next generation of investors mature, eToro will be there to support 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," 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>