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                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h258">eToro plans to gradually increase its asset range</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h316">US clients will be able to use the newly-launched eToro wallet</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h463">Local competitors</a></li></ul>
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<a href="https://u.today/bitcoin-bulls-returning-to-market-crypto-spring-coming-forbes">eToro</a> presently has offices in the UK, Cyprus and Israel and works with customers from over 140 countries around the world. Now it is finally expanding to let American investors join the platform too.



Citizens of over 30 American states will be able to use the platform as soon as eToro is approved by local US regulators.

eToro plans to gradually increase its asset range

<a rel="nofollow" target="_blank" href="https://techcrunch.com/2019/03/07/etoro-bringing-crypto-trading-and-wallet-to-the-us/">TechCrunch reports</a> that at the very start of its work in the US, the platform will only trade a limited number of crypto coins. Within a year, it expects to add other types of assets.

Presently, in the markets that eToro has already covered, the exchange offers investors operations with more than 1,500 various classes of assets.

That includes traditional securities like stocks and bonds, commodities, as well as virtual coins. Customers can also use leverage trades and short-selling.

Since eToro is a sort of a mixture of a platform for trading, an educational website and a <a href="https://u.today/facebook-coin-ripped-to-shreds-by-cryptography-gurus">social network</a>, pure beginners in trading can gain experience and learn stuff about markets and how to trade.

On this platform, users can exchange comments, share data and trade, as well as chat with other traders.

US clients will be able to use the newly-launched eToro wallet

Apart from the trading platform itself, the company also plans to let its users (not only in the US) utilize its own eToro-based <a href="https://u.today/samsung-galaxy-s10-supports-only-ethereum-no-place-for-bitcoin-report">wallet</a> with a multi-signature system.

It enables investors to keep coins, transfer them and receive various types of altcoins on it.

Initially, the wallet will provide support for BTC, LTC, XRP and a few other coins. The company has developed the wallet only recently — in December 2018 they received an official license for it.

<a rel="nofollow" target="_blank" href="#">card</a>

Local competitors

By rolling out in the US, eToro will be competing with such giants of the crypto industry as <a href="https://u.today/coinbase-partner-elliptic-denies-selling-coinbase-customer-data-saying-it-does-not-even-handle-it">Coinbase</a> and the popular Robinhood trading app. Besides, the company will be starting its business in the US in the middle of the so-called crypto winter, which might mean great losses — it has already made many startups either leave the market for good or make huge redundancies to their staff.

Still, the eToro team believes that the technology of tokenizing assets has great potential. Thus, they expect that working in the US, which they believe to be the global financial hub, will make this expansion successful.
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                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h258">eToro plans to gradually increase its asset range</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h316">US clients will be able to use the newly-launched eToro wallet</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h463">Local competitors</a></li></ul>
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    
<a href="https://u.today/bitcoin-bulls-returning-to-market-crypto-spring-coming-forbes">eToro</a> presently has offices in the UK, Cyprus and Israel and works with customers from over 140 countries around the world. Now it is finally expanding to let American investors join the platform too.



Citizens of over 30 American states will be able to use the platform as soon as eToro is approved by local US regulators.

eToro plans to gradually increase its asset range

<a rel="nofollow" target="_blank" href="https://techcrunch.com/2019/03/07/etoro-bringing-crypto-trading-and-wallet-to-the-us/">TechCrunch reports</a> that at the very start of its work in the US, the platform will only trade a limited number of crypto coins. Within a year, it expects to add other types of assets.

Presently, in the markets that eToro has already covered, the exchange offers investors operations with more than 1,500 various classes of assets.

That includes traditional securities like stocks and bonds, commodities, as well as virtual coins. Customers can also use leverage trades and short-selling.

Since eToro is a sort of a mixture of a platform for trading, an educational website and a <a href="https://u.today/facebook-coin-ripped-to-shreds-by-cryptography-gurus">social network</a>, pure beginners in trading can gain experience and learn stuff about markets and how to trade.

On this platform, users can exchange comments, share data and trade, as well as chat with other traders.

US clients will be able to use the newly-launched eToro wallet

Apart from the trading platform itself, the company also plans to let its users (not only in the US) utilize its own eToro-based <a href="https://u.today/samsung-galaxy-s10-supports-only-ethereum-no-place-for-bitcoin-report">wallet</a> with a multi-signature system.

It enables investors to keep coins, transfer them and receive various types of altcoins on it.

Initially, the wallet will provide support for BTC, LTC, XRP and a few other coins. The company has developed the wallet only recently — in December 2018 they received an official license for it.

<a rel="nofollow" target="_blank" href="#">card</a>

Local competitors

By rolling out in the US, eToro will be competing with such giants of the crypto industry as <a href="https://u.today/coinbase-partner-elliptic-denies-selling-coinbase-customer-data-saying-it-does-not-even-handle-it">Coinbase</a> and the popular Robinhood trading app. Besides, the company will be starting its business in the US in the middle of the so-called crypto winter, which might mean great losses — it has already made many startups either leave the market for good or make huge redundancies to their staff.

Still, the eToro team believes that the technology of tokenizing assets has great potential. Thus, they expect that working in the US, which they believe to be the global financial hub, will make this expansion successful.
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    eToro to Expand to US as Soon as Regulators Approve, Will Launch Its Own Wallet Too

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    article image
    Yuri Molchan
    ???Trading platform eToro is taking a step they promised a while ago, rolls out to the USA, and is about to launch its own crypto wallet
    Thu, 7/03/2019 - 17:10
    eToro to Expand to US as Soon as Regulators Approve, Will Launch Its Own Wallet Too
    Cover image via U.Today
    Read U.TODAY on
    Google News
    Contents
    Advertisement

    eToro presently has offices in the UK, Cyprus and Israel and works with customers from over 140 countries around the world. Now it is finally expanding to let American investors join the platform too.

    Citizens of over 30 American states will be able to use the platform as soon as eToro is approved by local US regulators.

    eToro plans to gradually increase its asset range

    TechCrunch reports that at the very start of its work in the US, the platform will only trade a limited number of crypto coins. Within a year, it expects to add other types of assets.

    Presently, in the markets that eToro has already covered, the exchange offers investors operations with more than 1,500 various classes of assets.

    That includes traditional securities like stocks and bonds, commodities, as well as virtual coins. Customers can also use leverage trades and short-selling.

    Since eToro is a sort of a mixture of a platform for trading, an educational website and a social network, pure beginners in trading can gain experience and learn stuff about markets and how to trade.

    On this platform, users can exchange comments, share data and trade, as well as chat with other traders.

    US clients will be able to use the newly-launched eToro wallet

    Apart from the trading platform itself, the company also plans to let its users (not only in the US) utilize its own eToro-based wallet with a multi-signature system.

    It enables investors to keep coins, transfer them and receive various types of altcoins on it.

    Initially, the wallet will provide support for BTC, LTC, XRP and a few other coins. The company has developed the wallet only recently — in December 2018 they received an official license for it.

    card

    Local competitors

    By rolling out in the US, eToro will be competing with such giants of the crypto industry as Coinbase and the popular Robinhood trading app. Besides, the company will be starting its business in the US in the middle of the so-called crypto winter, which might mean great losses — it has already made many startups either leave the market for good or make huge redundancies to their staff.

    Still, the eToro team believes that the technology of tokenizing assets has great potential. Thus, they expect that working in the US, which they believe to be the global financial hub, will make this expansion successful.

    #Ripple News #Bitcoin News #Ethereum News
    About the author
    article image
    Yuri Molchan
    Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
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