eToro adds UMA, API3 to cryptocurrency lineup
As part of its ongoing commitment to offer all its users a broad variety of cryptoassets, online broker eToro today announced that it is adding Universal Market Access (UMA) and API3 to its offering.
Universal Market Access (UMA) ss an Ethereum-based protocol that enables users to build their own synthetic assets, which are tokens that track the value of real-world assets. UMA is a governance token, and can be used to vote on project decisions.
API3 is a platform for decentralized application programming interfaces (APIs). API3, the platform’s native token, enables holders to participate in governance through the API3 DAO.
The launch of UMA and API3 brings the total number of cryptoassets available on eToro to 64.
Traders now have access to UMA and API3 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, SAND, DOGE, FLR, SHIBxM, FET, SNX, BNT, ZRX, DYDX, REN, HBAR, AVAX, STORJ, BAL, GALA, LRC, APE, THETA, FTM, and MIOTA.
Recent additions to the cryptocurrency lineup include ENS, CRO, LUNA, & KNC.
For the time being, these new assets are not being launched in the US. Please note that cryptoasset investing is unregulated in some EU countries and the UK, hence there is no consumer protection. Your capital is at risk.