eToro adds Sandbox to crypto offering
Online broker eToro is further expanding its cryptocurrency offering via the addition of Sandbox (SAND).
Sandbox is a virtual metaverse world that combines blockchain technology with gaming. SAND is the native token of The Sandbox. Players can earn SAND through games and contests, and buy and sell virtual goods with the token in the Sandbox Marketplace.
The launch of SAND brings the total number of cryptoassets available on eToro to 42. Traders now have access to SAND alongside BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI, COMP, AAVE, YFI, MANA, ALGO, MATIC, BAT, MKR, ENJ, FIL, DOT, SOL, ATOM, GRT, CRV, 1INCH, SUSHI, $CHZ, QNT, AXS, CELO, and MIOTA.
For now, these new assets are not being launched in the US. The broker warns that cryptoasset investing is unregulated in some EU countries and the UK, hence there is no consumer protection.
Let’s recall that in November, eToro added CELO to its crypto lineup. Earlier in November, eToro made four new crypto assets available to trade: Chiliz, SUSHI, Quant and Axie. In October, the broker added ATOM, GRT, CRV and 1INCH to the crypto offering.