Social investing platform eToro to launch crypto exchange in US

posted 4 months ago
eToro, a social investing platform, is launching a cryptocurrency exchange and mobile wallet, and expanding into the United States.

"Consumers all over the world should have access to the tools they need to participate in cryptocurrency markets, regardless of their expertise," CEO Yoni Assia said in a press release.

Top cryptocurrency traders will be able to earn income by making their portfolios transparent on eToro and allowing other traders to copy their trades.

The platform has 10 million users from 140 countries, from China and Russia to Switzerland and the United Kingdom.

Although no timeline was given for when cryptocurrency options will be available in the U.S., eToro plans to offer cryptocurrency trading in every jurisdiction in the country.
Tags: bitcoin, news