eToro – Billionaire365

eToro Will List Cryptocurrencies And Mainstream Stocks Together

In a new big announcement, eToro reported that the trading platform would list cryptocurrencies and mainstream stocks together, coming out with the first trading platform to list both cryptos and stocks at the same time. More important, with this new feature eToro implements, investors will be able to trade mainstream stocks and sustain their investments with their cryptocurrency wallets.

Price really matters, and we think ticket and management fees are exactly the kind of old world practices that put many people off investing. We are rethinking some of the outdated practices investors might be used to from other investment providers. It also means we’ll continue to expand the range of assets we make available to our 10 million users.

Yoni Assia, CEO of eToro, in an official statement

The move eToro has made is indeed a great one and helps traders from different fields to get along on a single platform.

eToro will list cryptocurrencies and mainstream stocks together, a fact which will increase the cryptocurrencies adoption

As mentioned above, the new eToro feature will list mainstream stocks and cryptocurrencies together, on the same unique platform, and this will make it possible for traders to sustain their investments in traditional assets with their cryptocurrencies wallets.

Also, eToro, from now on, will cover the stamp duty which is the fee the traders would usually have to pay when acquiring the UK shares.

Additionally, eToro has announced that it will be absorbing stamp duty on the purchase of UK shares, and will not charge ticket or management fees to any user buying shares through eToro. The platform isn’t completely feeless, however; according to the announcement, fees are included in the spread which is just 0.09% per side.

Finance Magnates

As for the cryptocurrencies adoption, the eToro new feature will help a lot, as the cryptocurrencies market might now attract the traditional investors. Of course, on the other hand, the cryptocurrencies traders might also be tempted to invest in mainstream stocks.

All these investments will now be straightforward to do as eToro will list cryptocurrencies and mainstreams stocks together.

Anna Galvez

eToro Trading Platform Is Now On The US Market And Plans On Implementing Its Own Cryptocurrency Wallet And Exchange

eToro, which runs an online social trading platform, reported some exciting breakthroughs at the blockchain conference, the Consensus 2018, held in New York earlier this week. eToro company’s CEO and founder, Yoni Assia, reported that the company is now extending its operations into the United States and that it will launch a cryptocurrency wallet and a cryptocurrency exchange office in by the end of 2018.

“Consumers around the world should have access to the tools they need to participate in cryptocurrencies market, regardless of their expertise,” said Assia.

eToro online trading platform conducted a financing round to raise funds needed to emerge on the US market

eToro finished a $100 million fund-raising round last March that, as eToro’s representatives reported, it was destined to the platform’s extension to the new US market, blockchain R&D, and the digitization of its holdings. The company’s closest sources stated that the financing round included a company valorization of $800 million. The round was conducted by China Minsheng Financial and included Korea Investment Partners, SBI Group, and World Wide Invest participation.

eToro aims to bring more crypto enthusiasts to the platform by adding its own cryptocurrency wallet and cryptocurrency exchange

eToro was created in 2007 by brothers Yoni and Ronen Assia and David (Dudu) Ring. The online trading platform is officially described by its founders as a ” social network for investors” where traders are welcomed to trade commodities, securities and cryptocurrencies and permits traders to talk about their investments, observe what other investors are trading, and adapt or simply copy the more experienced traders’ investments strategies.

According to eToro statistics, the trading platform serves more than 10 million customers from over 140 countries.

According to the future eToro’s plans, the company aims to bring more crypto enthusiasts to the platform as its CEO and co-founder Yoni Assia admitted that eToro will launch its self-operated cryptocurrency wallet and cryptocurrency exchange. As reported, these two new features will be available by the end this year.

In the meantime, the US crypto enthusiasts can trade cryptocurrencies freely as eToro became official in the US.

Anna Galvez