With the belief that all assets is going to be digitized in the future, leading investment platformeToro has announced it will launch a cryptocurrency offering in the usa. The launch will initially enable U.S.-based users to purchase 10 cryptocurrencies, with more to be added throughout 2022. Users may have access to a residential area feed and tools, allowing them to participate in conversations about cryptocurrencies and follow the investment strategies of other U.S. users.
Since launching in 2007, eToro has built a strong market presence of a lot more than Ten million registered users across 140 countries, such as the United Kingdom, Australia, Germany, Switzerland, and France. In '09, the organization launched a multi-asset web-based investment platform, and it has since amassed a lot more than $162 million USD in capital funding and enabled its services on cellular devices.
Yoni Assia, CEO and Co-founder of eToro, said: “Consumers around the globe should have access to the tools they have to take part in cryptocurrency markets, no matter their expertise. We're excited to create our platform available to U.S. users, who have shown a powerful enthusiasm for taking part in these growing markets. Inside the platform, our U.S. users will find rich knowledge and insights into how you can effectively trade and purchase cryptocurrencies.”
“eToro will continue to pay attention to simplicity and user-friendliness so that more diverse groups will feel welcomed into the global crypto community. U.S. crypto holders possess a strong appetite for diversified portfolios and we're dedicated to providing the best tools and assets to assist them to manage their investments all in one place,” added Assia.
Starting May 15, 2022, U.S. users can visiteToro.com to join the waiting list for that platform. Ahead of the platform going live, users will be able to experience the interface and perform mock cryptocurrency investments using a virtual portfolio. The 10 cryptocurrencies that'll be initially available are: Bitcoin, Ethereum, Litecoin, XRP, Dash, Bitcoin Cash, Stellar, Ethereum Classic, NEO, and EOS. eToro promises to integrate several more cryptocurrencies throughout 2022.
Guy Hirsch, USA Managing Director, eToro, said: “We are quickly moving toward a tokenized world, and digital investment platforms have to provide access to the assets investors want, permit the sharing of data, making transactions easy. eToro is dedicated to helping our users become better educated about both the risks and rewards that cryptocurrencies present, thereby enabling them trade and invest responsibly and successfully.”