eToro adds 29 tokens to lineup of cryptoassets
Online broker eToro announced today that it has added 29 new cryptoassets to its lineup of investment instruments.
“Our commitment to expanding access to digital assets continues with this latest addition of 29 more tokens,” said Omri Ross, Chief Blockchain Officer at eToro. “Their use cases span cloud computing, payments, gaming, machine learning, supply chain management, scalability and more. We are excited to provide our users with an even wider range of tokens representing diverse projects across the crypto industry.”
Out of the 29 new tokens, 17 are ‘experimental’ cryptoassets, a category on eToro including memecoins, initial coin offerings and token sales, innovative products and decentralised finance (DeFi) strategies. Since experimental cryptoassets carry higher risks, including volume liquidity, asset stability and other considerations, there are restrictions on the value of positions that users can open in these assets depending on their eToro Club tier.
These limits are in place to help manage the risks associated with trading these high-volatility assets.
eToro has been offering retail clients access to the crypto markets since 2013. eToro’s users can buy, hold and sell the real underlying assets of over 130 cryptoassets. These new cryptoassets are not currently available to users in the US, UAE, and Germany.
The latest additions to eToro’s crypto offering include:
- Aptos
- Internet Computer
- Wormhole
- SuperVerse
- Cow Protocol
- Magic Eden
- Alchemy Pay
- Echelon Prime
- Akash Network
- Morpho
- VeChain
- Aerodrome Finance
- KAITO (Experimental)
- Movement (Experimental)
- Bittensor (Experimental)
- Notcoin (Experimental)
- Parcel (Experimental)
- Pendle (Experimental)
- AI16Z (Experimental)
- Onyxcoin (Experimental)
- Popcat (Experimental)
- Peanut the Squirrel (Experimental)
- Pudgy Penguins (Experimental)
- SwftCoin (Experimental)
- AIOZ Network (Experimental)
- Fartcoin (Experimental)
- Ethena (Experimental)
- FlokixM (Experimental)
- Story (Experimental)
These coins are not available to clients in the US, UAE, and Germany.