World-leading social trading network and cryptocurrency exchange eToro added Cardano (ADA) to its listing. Previously, the platform was offering to trade in 10 cryptocurrencies: Bitcoin (Bitcoin), Bitcoin Cash (Bitcoin.Cash), Ethereum (ETH/USD), Ethereum Classic (ETC/USD), Litecoin (LTC/USD), Ripple (XRP/USD), Dash (DASH/USD), NEO (NEO/USD) , EOS (EOS/USD) and Stellar – which could be traded with each other or in pairs with USD.
“We are seeing growing interest in new cryptocurrencies increasing all the time, we are committed to bringing the top traded crypto assets onto our platform for our users to invest in.” - said Yoni Assia, co-founder, and CEO at eToro, commenting on the move.
The eToro platform is famous for its copy trading opportunity, launched in 2010, it allows users to follow and copy positions opened and managed by the platform’s top-performing investors. CEO of the company is believing in the future of crypto economics and trying to invest in it while there is still time to catch the big leap before it happens.
“Tesla made 2,000%, Facebook made 1,000%, Google made 1,000%. This is the same thing but earlier in the cycle. […]My long-term view is selling crypto now is like selling Apple in 2001. You do it if you have to do it, you don’t do it if you don’t have to do it.“ – Assia said earlier, in the interview with Business Insider.
Last month eToro has announced their plans to expand their services to the U.S. market establishing their headquarters in New Jersey.
By Nadya Astam