Social Trading Giant eToro Adds Crypto Buying and Selling at 31 US States

The company announced Thursday that the new platform enables U.S. customers from 31 countries and territories to exchange 13 unspecified cryptocurrencies. Multi-asset trading can be scheduled for launch in Q1 of next year.

Existing eToro users are going to be able to log into the wallet right to hold and transact in cryptocurrencies, ” the company said. They will also be in a position to ldquo;convert between coins. ” Cryptos can be transmitted and received by simply sharing the wallet address or using a QR code.

Yoni Assia image via CoinDesk archives 

The news comes months after eToro initially announced its plan to establish a crypto market and mobile wallet at the U.S. back May. At the moment, the company said it will allow trading to 10 cryptocurrencies – bitcoin, ether, litecoin, XRP, dashboard, bitcoin money, stellar, ethereum classic, NEO, along with EOS.

Released at Thu, 07 Mar 2019 14:00:28 +0000

Users may “collaborate with crypto traders when making buying and selling decisions,” said Yoni Assia, co-founder and CEO of both eToro. They can also correct their trading plans. ”

$222 million has been increased by the company according to Crunchbase.

EToro’s “social” model lets users reproduce rsquo traders &; bets via CopyPortfolios features along with its CopyTrader. Three CopyPortfolios will be also offered by the trading platform ” said, without disclosing information.

EToro announced that it is going to launch a crypto market named eToroX later this season.

The company said any customer who has an track record “ could be copied and compensated for their functionality, subject to evaluation and risk analysis. ”