eToros new stock exchange for professionals starts at last

Home News eToros new stock exchange for professionals starts at last

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Matthias Nemack –
17.04.2019

Finally it is so far. The Broker eToro launches its new exchange eToroX. Here Bitcoin, Ripple, but also many Stablecoins to play a Central role.

eToroX want to provide a place for Advanced and professionals new opportunities

The Broker eToro has long been regarded as a pioneer of the so-called Social Trading, the traders from other customers and their trading can emulate decisions. Today, there are a whole series of such trade models in the market. Now the service provider has brought a more platform of this type at the Start of the newly opened stock exchange eToroX, however, is not a place for everyone. The reason is that the Broker has with its new Portal, professional clientele in view, the large interest in Assets from the crypto Segment.

The inexperienced Trader will not be addressed

Beginners who can have no experience with Bitcoin trading or never Ripple, and Litecoin about a Wallet (such as the in-house eToro Wallet) have acted, are for the platform as it was not the stated target group. The operator is, it is focused rather on “advanced crypto-Trader”. The peculiarity of the platform eToroX: you will have some technical Parallels to the classic stock of the company, on the other hand, will be some novelties. Facilities include eight stable coins will be available, as you moved most recently, big banks such as the US firm JP Morgan is increasingly in the focus of interest.

Constant expansion of the trade model is guaranteed

A total of eight such stable coins to be traded at the stock exchange in the future (under eToro Euro, eToro US Dollar and eToro Pound Sterling). In addition to the three above-mentioned crypto-Ripple, Litecoin and Bitcoin currencies eToroX also lists Dash, Bitcoin, Cash, and Ethereum. In addition, about three dozen currency pairs can be crypto-participation traded. It is clear that the stock exchange will gradually introduce more products. The own stable coins will be an incentive for companies and stock exchanges to have their stablecoins on the platform of lists.

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