eToro adds $TRUMP to crypto offering
Online broker eToro has added Official Trump ($TRUMP) to its offering of crypto assets.
Launched two days before the inauguration of the 47th US President, the latest addition to eToro’s experimental category, Official Trump ($TRUMP), is now available to trade on eToro.
$TRUMP is currently unavailable in the UAE, Germany, and the USA.
Currently, eToro’s ‘Experimental’ category includes:
- Toncoin (TON): The native token of The Open Network, originally developed by the founders of Telegram. It focuses on scalability and fast transactions.
- Bonk Inu (BONKxM): A meme-based coin launched on Solana with strong community involvement, now being used for payments and social activities.
- Pepe (PEPExM): A viral, community-driven meme token inspired by the ’Pepe the Frog’ meme.
- Dog Wif Hat (WIF): A playful meme coin characterized by a dog in a knitted hat, that relies on community-driven growth and social media buzz for its success.
- Official Trump (TRUMP): A meme coin launched by the President-Elect two days prior to his inauguration as the USA’s 47th President.
Trading experimental cryptoassets carries several higher-than-average risks associated with crypto trading, including:
- High volatility: These assets can experience dramatic price swings in a short amount of time.
- Low liquidity: Due to market instability, orders may be unexpectedly cancelled.
- Blockchain vulnerabilities: Certain experimental assets may be more exposed to potential security risks or bugs.
- Delisting: Assets in the ‘Experimental’ category may be removed from eToro due to security risks or regulatory changes.
You could incur significant losses within a brief period and, in extreme cases, lose your entire investment. It’s crucial to understand these risks fully before engaging with these assets.