eToro launches its cryptocurrency exchange in the United States. Here is what the well-known broker's plans are.
After months of waiting, eToro, the most well-known social trading platform, has finally launched its currency-based exchange in the United States.
At the moment, the service will only support cryptocurrency trading, but eToro's plan is however to gradually add other activities to the platform. The new eToro exchange will be available in 32 United States, but the complete list is not yet available. Besides the exchange, moreover, eToro announced that it is developing its standalone cryptocurrency wallet, which will be available for both iOS and Android, also for users in the United States. At launch, eToro will support different currencies trading for 13, even ses has yet to specify which ones.
However, the American press recalls that its platform currently allows trading in Bitcoin (BTC), Ethereum (ETH) Bitcoin Cash (BCH), Ripple (XRP) Dash (DASH), Litecoin (LTC) Ethereum Classic (ETC), Stellar Lumens (XLM) NEO (NEO) EOS (EOS) IOTA (MIOT A) Cardano (ISLAND), Zcash (ZEC) e Binance Coin (BNB).
It is also known that the wallet will support six currencies such as BTC, ETH, LTC, BCH, XRP and XLM. However, eToro promises support for other currencies coming in the short term.
"When I founded eToro, I imagined a community where people could trade, invest and share their knowledge in a simple and transparent way"Said founder Yoni Assia. "eToro also acts as a bridge between the old world of investments and a blockchain future, helping the our users to navigate and take advantage of the transition to crypto-assets for wealth creation ".
Let us recall that eToro's first move to expand its cryptocurrency activities in the United States dates back to May 2018.
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