eToro Adds Polkadot & Filecoin To Cryptocurrency Offering
The innovative and world-renowned multi-asset, social trading brokerage firm, eToro, has recently added two more cryptos to its impressive range of tradeable assets. Polkadot (DOT) and Filecoin (FIL), the fourth largest and 24th most valuable cryptocurrencies, respectively, have joined the roster of 29 other major digital assets on the eToro platform.
“We Are Committed To Offering Our Users More Opportunities”
Springing from previous success gained by expanding into the DeFi world, including the launch of a BitcoinWorldWide Stocks Portfolio, eToro now boasts 31 cryptocurrency assets on its social trading platform. Joining the likes of Bitcoin, Dogecoin, Chainlink and Cardano, DOT claims a market capitalisation of over $30 billion and FIL saw impressive growth of over 250% in 2021.
Doron Rosenblum, eToro’s VP of Business Solutions, commented on the expansion, saying “Despite recent volatility in the crypto market, we continue to see increasing interest in the asset class from both institutional and retail investors, who believe in the long-term potential of crypto. We are committed to offering our users more opportunities to diversify their portfolios with a broader range of crypto assets. We will continue to expand our range of crypto assets with more coins coming soon”.
About eToro
eToro is one of the largest names in the retail trading industry, boasting tens of millions of clients, and for good reason. The broker offers regulated, leveraged forex and CFD trading in a wide range of financial markets, covering all bases and providing ample opportunity for portfolio diversification and short-term trading. More than a thousand financial instruments are offered, including stocks, currency pairs, commodities, indices, cryptocurrencies and ETFs.
Moreover, the broker offers an award-winning social and copy trading service, with mobile compatibility, high leverage rates and competitive fees. These features, coupled with several financial licenses, 24/7 market access, several payment methods and an integrated multi-crypto wallet, make eToro a consistently popular broker among new and experienced traders.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
