The popular social trading platform is making its long-awaited entry into the U.S today, allowing US residents from 30 states to use its various trading and wallet capabilities.

The platform allows users to trade in forex pairs, commodities, stocks, and indices as well as cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, XRP, Dash, Litecoin, Ethereum Classic, Cardano, IOTA, XLM, EOS, NEO, and Zcash.

However, the US launch will only support trading for crypto pairs, but eToro plans to implement further asset classes over the coming months.

The Cyprus based company has been operating in various parts of the world such as Europe, Australia, and South Africa, so their US launch will be welcomed by individuals who would like to trade, but would also enjoy copying other professional and more experienced traders.

While there are more advanced tools and strategies for more seasoned and veteran traders, eToro’s user-friendly interface and copying abilities, makes it an excellent platform for community engagement and a source for new beginners to learn the markets and improve their trading skills.

Yoni Assia, Co-founder & CEO of eToro, said: “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. When I founded eToro, I envisioned a community where people could trade, invest and share their knowledge in a simple and transparent way. 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.”

eToro’s secure, multi-signature wallet allows for multi-coin support and combined with a very friendly user interface, means secure transactions via supported coins.

Users can log into the wallet from their existing eToro accounts and transfer coins from their trading accounts for safe storage. The wallet also allows users to convert between different coins easily and conveniently,

They can also send and receive cryptocurrencies through a QR code or by sharing wallet addresses.

Source