• Tue, 23 Jul 2019, 04:45 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

eToro rolls out crypto trading platform and wallet in the U.S.

Fri, 08 Mar 2019, 05:24 am UTC

Global investment platform eToro has announced the launch of its platform and cryptoasset wallet in the United States.

According to the official release, the platform will allow U.S. customers from 32 states and U.S. territories to trade 13 cryptoassets, including BTC, ETH, LTC, XRP, DASH, BCH, XLM, ETC, NEO, EOS, ADA, and Zcash, with multi-asset trading to arrive in Q1 2020.

eToro will enable customers with diverse levels of expertise to collaborate with one another to find the best cryptoasset trading strategies in an environment rich with unconventional educational tools. The platform allows users to share their real track record, portfolio, and trades with the community, allowing them to engage with each other on trading ideas that are executed using real dollars.

“For those new to crypto trading, the community and educational resources introduce users to this new asset class and the risk profiles involved in it,” eToro said.

Furthermore, the platform's CopyTrader feature allows users to allocate funds to automatically trade proportionally to the portfolio of another user. This allows users to easily gain exposure to a crypto trading strategy executed by someone who has a proven track record.

The CopyPortfolios feature bundles together assets under one selected trading strategy, curated by eToro's own analysts. Within the U.S., three cryptoasset CopyPortfolios will be available to traders at launch.

eToro is also launching its multi-signature wallet which provides multi-coin support and a simple user interface, making it easy to send and receive supported coins. At launch, the eToro wallet will support BTC, ETH, LTC, BCH, XRP, and XLM, with more cryptoassets available in the near future.

Yoni Assia, Co-founder & CEO of eToro, said that eToro acts as a bridge between the “the old world of investing and a blockchain-powered future” and allows users to navigate and benefit from the transition to cryptoassets for wealth building.

"For the first time, Americans can collaborate with other crypto traders when making buying and selling decisions. Users can adjust their trading strategies by watching and learning from others on the platform,” he said.

eToro is planning to launch its own cryptoassets exchange, eToroX, on a global basis later this year. In December, eToroX received a distributed ledger technology (DLT) licence from the Gibraltar Financial Services Commission (GFSC).

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,240.90 (-3.34%)
  • Ethereum (ETH) $216.69 (-3.91%)
  • XRP (XRP) $0.319100 (-3.34%)
  • Litecoin (LTC) $93.91 (-5.08%)
  • Bitcoin Cash (BCH) $310.90 (-2.89%)
  • Bitcoin (BTC) $10,240.90 (-3.34%)
Jul 23, 2019 (Tuesday)
04:05
UK lawmaker who busted Facebook-Cambridge Analytica scandal sets sights on Libra crypto
03:47
Singapore-based Forise International expands to blockchain consulting
03:41
Mercedes-Benz' parent company Daimler partners with Riddle & Code to develop crypto hardware wallet for cars
03:26
Binance lists GBP-backed stablecoin 'BGBP'
Jul 22, 2019 (Monday)
12:20
Crypto Technicals: IOT/USD recovery fails shy of 200-DMA, downside resumption likely
12:20
Former Token Foundry head begins process to sue Joseph Lubin for $13M
11:39
Blockchain firm R3 pushes for more Corda sales with new hire
11:26
South Korean citizen unaffiliated to Samsung files trademark application for 'Samsung Coin'
10:46
Former Russian crypto executive arrested in Italy
09:19
Blockchain startup Diana to launch 'lunar registry' to divide and tokenize the moon
08:39
Crypto Technicals: ETC/USD confirms 'Golden Cross' on hourly charts, eyes 21-EMA at 6.722
07:46
Iran finalizes power tariff scheme for crypto miners but no license for importing mining equipment yet
07:42
Crypto firm FairX closes digital doors due to lack of funding
06:34
Thailand shows less hostility towards Libra compared to other countries
06:23
European Central Bank official says calm down about stablecoin
05:42
No official ban on cryptocurrency yet, Indian Minister clarifies
05:16
Electric firm E.ON applies patent for blockchain-based data collector device
05:02
Accounting giant KPMG partners with Microsoft, TOMIA, and R3 for blockchain-based telecom solutions
04:06
Fidelity Digital Assets applies for trust license in New York: Report
Jul 19, 2019 (Friday)
11:17
Crypto Technicals: XRP/USD grinds lower along 200H SMA, break below 5-DMA to see further weakness
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft