eToro expands crypto offering with addition of Filecoin and Polkadot
Online trading company eToro today announces that it is adding Filecoin (FIL) and Polkadot (DOT) to its cryptocurrency offering.
- FILECOIN (FIL)
Filecoin is a unique crypto designed to help people rent and utilize unused storage space on the Filecoin network. The more users who join, invest, and take part in the network, the easier it is to access storage options and information worldwide. Decentralizing data storage makes retrieving and storing files faster and easier than ever without relying on a single server or device in just one place.
- POLKADOT (DOT)
DOT is a crypto that is helping unify multiple blockchains into a more streamlined experience for investors. DOT holders gain access to simplifying the protocols of different blockchains into a decentralized custom blockchain tailored to the investor’s preferences. Polkadot’s unique structure also strives to help minimize or eliminate transaction fees for different crypto.
The launch of FIL and DOT brings the total number of cryptoassets available on eToro to 31.
Traders now have access to FIL and DOT, alongside BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI and MIOTA.
For the time being, these new assets are not being launched in the US.
Let’s recall that, in September 2021, eToro made enhancements to the Research feature which is now enabled for 13 more cryptocurrencies: $MKR, $COMP, $LINK, $UNI, $YFI, $DOGE, $AAVE, $ALGO, $MANA, $ENJ, $BAT, $MATIC and $SHIBxM.
In the Research Tab, traders can see:
- Technical Analysis Summary;
- Technical Indicators;
- Latest Research;
- Development Activity;
- Developer Community.
The broker has been frequently expanding its crypto offering. In July, for instance, the company added MAKER (MKR) and ENJIN (ENJ) to the list of cryptoassets available to trade via its investment platform.