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  • Trading Giant eToro Launches Fiat-to-Crypto Platform in the US, Backing Bitcoin, Ethereum, XRP, Litecoin and More on Day One

Trading Giant eToro Launches Fiat-to-Crypto Platform in the US, Backing Bitcoin, Ethereum, XRP, Litecoin and More on Day One

March 07, 2019

The mainstream social trading platform eToro just launched its fiat-to-crypto platform in 32 US states and territories.

CEO Yoni Assia says many of eToro’s most popular features are available on day one, including CopyTrader, which lets users follow the trading habits of people with proven track records.

“For the first time, Americans can collaborate with other crypto traders when making buying and selling decisions. Users can adjust their trading strategies by watching and learning from others on the platform.”

“eToro also acts as a bridge between the old world of investing and a blockchain-powered future, helping our users navigate and benefit from the transition to cryptoassets for wealth building. People create the eToro experience and now Americans will play a major role in shaping our community and future.”

The platform already has 10 million users worldwide, giving people in the UK, Europe, Australia and South Africa the ability to trade stocks, commodities, ETFs and crypto. In the US, eToro is limited to crypto trading only at launch.

So far, eToro’s US platform supports 13 cryptocurrencies, with more on the way.

• Bitcoin• Ethereum• XRP• Litecoin• Bitcoin Cash• EOS• Stellar• Dash• Ethereum Classic• Cardano• IOTA• NEO• Zcash

The company’s multi-signature wallet is also up and running. The platform currently does not support crypto deposits and withdrawals.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.