Online broker eToro is further expanding its crypto offering. The company has added MAKER (MKR) and ENJIN (ENJ) to the list of cryptoassets available to trade via its investment platform.
Now available on the eToro investment platform are the following cryptoassets:
MAKER (MKR) is one of the earliest projects on the decentralized finance (DeFi) scene, Maker is a special governance token that cannot be mined. It is a support for the DAI token and is capped at a hard 1,000,000 tokens. MKR holders are able to govern and respond to the demand of DAI and are part of a decentralized autonomous organization, much like shareholders in a large corporation.
ENJIN (ENJ) marks the common ground for gaming and NFTs. Through the Enjin blockchain, gamers are able to invest in NFTs from their favorite games and transfer those benefits to future titles. With the ENJ token, an NFT’s value is delegated by the popularity of items and the hottest titles in the gaming world.
Clients of eToro now have access to MKR and ENJ, together with BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI, COMP, AAVE, YFI, MANA, ALGO, MATIC, BAT, and MIOTA.
Let’s recall that, in June 2021, eToro introduced new stats for cryptoassets.
Traders can now see:
- Market Cap
- Fully Diluted Market Cap
- Circulating Supply
- Volume/Market Cap
- Market Dominance
- Market Rank.
Traders are advised to note that cryptoasset investing is unregulated in some EU countries and the UK. Hence, in certain jurisdictions investors in cryptos cannot make use of consumer protection.