Social investment and trading platform Etoro has announced the launch of its platform and cryptocurrency wallet in 30 U.S. states and two territories. In America, users will have access to invest in BTC and 12 other cryptocurrencies at launch, with more to be added throughout the year. The Etoro wallet will initially support bitcoin core, bitcoin cash, ethereum, litecoin, ripple and stellar.
Also read: Startup Company Sets Up Bitcoin ATM in Botswana
Trading by Copying Others
The cryptocurrency offering by Israel-based Etoro, which already has 10 million users from more than 140 countries, allows U.S. investors access to crypto markets in three ways. First, by manually investing in a coin, secondly by automatically copying the trades of others on the platform to benefit from their knowledge and investment expertise, and thirdly by investing in its Crypto Copyfund, “which provides a diversified portfolio of major crypto assets.”
Yoni Assia, chief executive officer of Etoro, stated that users can “collaborate with other…