eToro has announced the launch of its crypto services in 32 states of the United States. eToro is one of the leading social platforms, which acts as a forum for investors to exchange knowledge and ideas. The launched service is added with a multi-signature wallet for the users.
The high-tech cryptocurrency is expected to support extended trading of 13 crypto assets as per sources. The multi-signature wallet is made by integrating several cryptocurrencies such as Bitcoin cash (BCH), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Stellar (XLM) and Ripple (XRP), to facilitate transactions involving the crypto assets. Moving forward, there are many more such crypto entities coming in, to support a broad prospect of the service utility. Featuring innovative and optimized use of crypto assets, the new cryptocurrency service has bagged more than 10 million user registrations per exchange.
It’s not only about trade and commerce. eToro is a social media platform, and its new service is sure to have its operational process revolving around a social aspect. Users are allowed to choose the profile of another user, which is listed as a portfolio and automatically assign the amount of fund, valued in terms of cryptocurrency units. Further, the chosen user can accept your trade request and take it forward. This feature ensures proportional trade and exchange transactions. Also, eToro has unique and original portfolios of its analysts, called ‘CopyPortfolios,’ on the platform.
Founded in 2007, eToro evolved as a top social trading and exchange network. With its continuous release of investments, funding, and trading tools, eToro helps in realizing its mission of making trade and commerce available for people and connect all such like-minded users through a social forum. The company envisions launching its cryptocurrency exchange portal shortly.