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how to buy bitcoin easily Reports Fourth Quarter and Full Year 2021 Results

The social trading and investing platform eToro announced that it will be launching its platform in the U.S. how to buy bitcoin price , which is available in more than 140 countries available in 30 states and two territories with plans to expand further in the U.S. after receiving the required regulatory approvals.



The U.S. platform will only provide trading support for crypto assets at the time of launch, however eToro plans to introduce additional categories of assets within the next 12 months. With the existing markets, its more than 10 million customers are able to hold and trade more than 1500 different asset classes and markets that include bonds, stocks or cryptocurrencies, currencies that are fiat, commodities and more.



While eToro has more advanced trading strategies -- such as short-selling and using leverage -- the platforms' transparency and community engagement capabilities are excellent tools for beginners to learn the capital markets and learn how to trade.








EToro is equal parts trading platform, social network along with an online educational source. Anyone who is a member of eToro will be able to read, write about or copy the trading activities of other members of the network, in addition to the actual losses and returns up to date (though only as a percentage basis, to protect financial information that is sensitive). While studying the strategies of their peers, users can opt to play with virtual currency and learn and practice before actually risking their own money.




Based on a trader's record, other users can select to mirror their portfolios using eToro's "CopyTrader" feature, which doesn't just proportionally allocate funds to the trader's portfolio, but also automates create any trade the copied investor's make. In addition, members are also able to share, discuss their favorite topics, interact with or follow particular individuals, assets or markets -- which allows them to be part of the latest discussions and news about their particular area of interest.



Even though it's limited to crypto at launch, almost all the same features available in the existing locations will be offered at a lower cost in the U.S. And alongside how to buy bitcoin 2011 trading platform and services, the company has launched their digital multi-signature eToro account, where users can manage, store and receive multiple coins using a variety of cryptocurrencies.



Through Their eToro Accounts, U.S. users can transfer cryptocurrency to and through their trading account. In addition, they are able to convert them easily and also. The wallet initially will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company will make additional currencies soon.



EToro users can conduct transactions in exchange for sharing trading activities and portfolio performance with the community that allows users to talk about ideas that are executed using real dollars








The expansion plan, however, doesn't have a low the risk. EToro ventures into a highly competitive market -- in conjunction with popular trading platforms like Coinbase and Robinhood -and is also launching a crypto-only version in the midst of "crypto winter," where general weakness has plagued this sector.



A significant part of the plan is because crypto is an easier lift from a licensing perspective relative similar asset classes within the highly restrictive and fragmented U.S. regulatory environment. However, the launch strategy of eToro is also deeply rooted in its belief in the huge market potential for 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 a interview with TechCrunch.



EToro has a long-term view with its strategies and doesn't get sucked by the current cryptocurrency weakness. Assia was comparing the market's softness as the dot-com boom, where , despite the collapse, the internet persisted and perturbed the economy over the long-term. Just like technology, Assia together with eToro believe there will be enough space for multiple winners within cryptocurrency's larger ecosystem.



The company was the first market platform to allow Ethereum and Ripple, and believes that when similar currencies and the future generation of investors mature, eToro will be there to support the two currencies in the way they need it.



"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."



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