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Robinhood Reports Fourth Quarter and Full Year 2021 Results

how to buy bitcoin in u.s Reports Fourth Quarter and Full Year 2021 Results

The social investing and trading platform eToro announced it is launching it's platform across the U.S. how to buy bitcoin merrill edge operates in over 140 nations, is now accessible in 30 states and 2 territories, with plans to expand elsewhere in the U.S. after receiving the necessary regulatory sign-offs.



This U.S. platform will only provide trading support for crypto assets at the time of launch, however eToro plans to offer additional asset classes in the coming twelve months. The existing markets on eToro are where the more than 10 million users are able to hold and trade more than 1500 asset classes in markets comprising bonds, stocks or cryptocurrencies, currencies that are fiat, commodities and more.



Though eToro can also support more advanced trading strategies , such as short-selling as well as the use of leverage, the features of the platform's transparency and social engagement features make it a great tool used by beginners to master the capital markets and understand how to trade.








EToro is a combination of social network, trading platform and educational resource. Anyone who is a member of eToro will be able to read, write about and follow the trading actions of all other users on the network, as well as their real-time returns and losses up to date (though only by a percentage to safeguard sensitive financial data). While learning from the strategies of their colleagues as well, they are able to invest with virtual currency to make practice and improve their skills prior to investing their own money.



Alternatively, based on a traders track record, members can copy their portfolios using eToro's "CopyTrader" feature, which does not just allocate funds to fit the trader's portfolio, but can also make any trade copied investor makes. On top of that they are also able to connect, comment on, engage with or follow specific individuals, assets or markets -- and participate in the latest debate and news about their particular area of interest.



Although it is limited to crypto initially, practically all of these features that are available on eToro's current international markets will also be available to users in the U.S. And alongside its trading platform, the company is launching their digital multi-signature eToro wallet, where users have the ability to store, send and receive multiple coins using a variety of different cryptocurrencies.



Through one of their eToro and eToro accounts U.S. users can move cryptocurrencies onto and out of their trading accounts. Users can easily convert between them and also. The wallet initially will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company intends to make additional currencies possible in the near term.



EToro users can make transactions and share trading activities and performance of their portfolios with the community by allowing users to debate ideas and implement them with real dollars








The expansion plan, however, doesn't come without the risk. EToro will be entering into a competitive marketplace -- alongside other popular trading platforms , such as Coinbase as well as Robinhood -and is now launching a Crypto-only version amid the chaos of "crypto winter," where massive weakness has plagued the sector.



A large part of the strategy is caused by the fact that crypto is a lighter lift in terms of licensing compared and other investment classes within the highly regulated and splintered U.S. regulatory environment. But eToro's launch strategy is also heavily rooted to the firm's belief that the vast market opportunity that comes with 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 said in an interview with TechCrunch.



EToro has the long view with its strategies and doesn't get sucked with the current crypto weakness. Assia has compared the current market weakness by comparing it to the dotcom bubble even though it crashed, the internet persisted and interrupted the economy in longer term. As with Internet, Assia together with eToro believe there will be enough space for multiple winners in the larger crypto ecosystem.



The company was the very first market platform which was able to integrate Ethereum and Ripple and is confident that , as similar currencies and the next generation of investors mature, eToro will be there to help these currencies wherever and in whatever way they need.




"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. " how to buy bitcoin zambia 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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