eToro announces the launch of the Exchange platform, the expansion in the United States
eToro announced the launch this year of a cryptocurrency exchange platform and a wallet
The company will offer a cryptographic offer to US investors
The eToro global investment platform announced today its intention to offer new opportunities around cryptocurrencies. Soon it will be launched, once it has obtained the green light from the regulatory authorities, an exchange platform and a digital wallet.
eToro will also offer its crypto offer in the United States, launching its platform for US users this year. This initiative will be orchestrated by Guy Hirsch, the company's general manager for the United States.
Yoni Assia, co-founder and CEO of eToro, said:
"We believe that in the future, all assets will become digital, this will open markets for all, and will offer them the opportunity to invest in the assets they want, in a simple and transparent way." Cryptocurrencies are the first step in this evolution and we are pleased to announce the launch of an exchange platform and a wallet. "
The announcement, made today at the 2018 Consensus Conference in New York, follows a round of eToro "Series E" that took place last March. The company was able to raise $ 100 million to accelerate its global expansion and use blockchain technology to support the digitization of assets. The platform allows Internet users to invest in the assets they want, from cryptocurrencies to traditional assets, as raw materials.
Yoni Assia added:
"An exchange platform and a wallet are important additions to our offer of encryption, and we know that both are highly anticipated by our customers."
For now, eToro offers 10 crypto-currencies (Bitcoin, Etereum, Bitcoin in cash, XRP, Litecoin, Classic Etereum, Dash, Stellar, NEO and EOS) and plans to add more in the coming months. The eToro crypto to crypto platform will be launched this year and will allow customers to swap corners between them.
The wallet will be launched gradually with selected customers to participate in a "beta test", so that eToro can guarantee the delivery of an application that meets the needs of its users. The wallet application will be available for download in App Store and Play Store. It will work on multiple platforms and will be available in many lengths. It will allow users to keep many corners, whether they are cryptocurrencies or tokens.
Since its launch in 2007, eToro has brought together a global community of more than 10 million investors in 140 countries. Guy Hirsh has been named General Manager responsible for the company's crypto offer for the United States. The man was once the director of Samsung's innovation strategy and has a long experience in digital transformation and unified commerce.
This is what Guy Hirsch said:
"EToro empowers investors with a platform that gives them access to the assets they want, knowledge sharing and easy trading, we know that there is strong demand in the United States for cryptocurrencies, and we are pleased to offer American investors the opportunity to learn and invest in multiple digital currencies. "
eToro will offer American investors three ways to access the crypto markets: invest "manually" in a corner, automatically copy the exchanges of other operators on the platform, benefit from their knowledge and experience, or invest in a "Crypto CopyFund" that offers a diversified portfolio of the main crypto-assets.
Starting today, US investors can visit eToro.com to register on the waiting list that will allow them to access the platform later in the year.
About eToro
eToro allows people to invest as they wish, from cryptocurrencies to basic products. eToro is a global community of more than 10 million people who want to share their investment strategies; and everyone can follow the approaches of those who are most successful. Users can easily buy, maintain and sell assets, track changes in real time in their portfolio and make the transactions they want.
eToro is regulated in Europe by the Cyprus Securities and Exchange Commission and in the United Kingdom by the Financial Conduct Authority.
The cryptocurrency trade carries risks. This article does not constitute an investment recommendation. We suggest that you do your own research before buying cryptocurrencies or changing them; These are extremely risky assets. Do not spend more than you can afford to lose. We will not be responsible for any loss of capital, in relation to reading this article.
This kind of project has huge potential in future. eToro is allowing people as they wish, to invest in the assets they want, from cryptocurrencies to traditional assets, as raw materials.