eToro introduces own Wallet for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash
Home News eToro provides private Wallet for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in front of
Marcel Knobloch –
In the past, there was often a lot of Hacks of large stock exchanges in which thefts in the millions have taken place. One of the largest crypto exchanges in the world, eToro, has launched a private Wallet on the market that digital currencies is safe storage, but also offers the possibility of depositing Fiat currencies.
The eToro Wallet is offered by the company eToro X Limited and is now available in the Google Playstore as well as in the Apple Store for Download. For the time being, the currencies, Bitcoin, Ethereum, Bitcoin, Cash, and Litecoin can be stored on it. Similar to eToro, the Wallet will support step-by-step other crypto-currencies.
The special thing about Wallets is that no Private Key is needed and in this case, this is neither lost nor abused. In order to obtain access to the Wallet, you must just be the Login data of the eToro platform entered. In order to increase the security, there is a 2-factor authentication and Multi-Signature functions.
With the help of the Wallets, crypto-currencies between Wallets can be sent, the payment of crypto-Coins from an Online wallet as well as the Transfer of crypto-Coins from trading platforms is supported.
At the Start of the project, eToro Platinum can move members of the Bitcoin on the Wallet. Very soon, the Wallet should be, but for every verified eToro-user accessible. Yoni Assia:
The eToro Wallet that we are presenting today is only the beginning. We complement this product with a number of additional features to currencies in which the support for other Crypto-and Fiat-token, crypto-to-crypto exchange, the ability to Deposit Fiat currencies, the payment in stores and Much more.
The Wallet is integrated directly in the eToro platform and allows you to transfer crypto-Assets to other external Wallets like the Ledger Nano S is one of the Hardware Wallets.
Clients of eToro get the possibility of your crypto assets safely and efficiently store. Furthermore, the Wallet was developed by a reputable company and meets the highest safety standards. The Wallet is constantly extended by new features, so that users are always on the latest state of the crypto market and technology.