EToro launches Cryptocurrency trading services in 32 U.S. States

Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States, according to a press release shared by the company with Cointelegraph on March 7.

The exchange, which — per the release — has over 10 million registered users, will start facilitating the trade of 13 unspecified crypto assets and release a cryptocurrency multisignature wallet to customers in 32 U.S. states and territories.

The wallet will support Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Stellar (XLM) and Ripple (XRP), and will enable users to send and receive the supported assets. According to the release, support for more cryptocurrencies will be added to the wallet in the future.

The platform also has a social media aspect; specifically, eToro allows users to allocate funds to automatically trade proportionally to the portfolio of another user. Furthermore, eToro also features its own “CopyPortfolios,” which are curated by the company’s analysts.

Reference: https://cointelegraph.com/news/leading-social-investing-platform-etoro-launches-crypto-services-in-31-us-states

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Author: Neo Anderson

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