EOS, the fifth cryptocurrency by market capitalization, has been added to eToro, one of the most important social trading networks. With this launching, eToro will bring the total number of crypto assets available on its platform to ten.
EOS Added to eToro
eToro has decided to keep its expansion plan towards the crypto community and has added support for EOS. The platform that manages over nine million users has decided to take this decision on April the 23rd, taking the number of crypto assets available to ten.
EOS is one of the most important cryptocurrencies in the market as of today. Indeed, it entered the top five virtual currencies by market capitalization. EOS allows decentralized applications (dApps) to easily find support on the platform.
Compared with Ethereum, EOS bridges the gap between dApps and blockchain technology. It enables the development, hosting, and execution of commercial-scale dApps.
Yoni Assia, Co-founder and CEO at eToro, commented:
“Already in 2018 we’ve seen attention shift away from mainstream cryptocurrencies and their market share is increasing all the time. In our view is only set to continue. We are constantly seeking to identify and assess new concepts as they emerge and we are committed to bringing the best crypto assets onto our platform for our users to invest in.”
Earlier this year, eToro decided to add support to NEO and Stellar, which have seen their value increase during the last months. Other virtual currencies that are now available on eToro are Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Ethereum Classic, Dash, Stellar, and NEO.
“We’re excited to have brought EOS onto the platform already this year and we look forward to seeing how the market develops in 2018 following a very successful 2017 for the crypto community,” said Yoni Assia.
In this way, more investors have access to virtual currencies and a market that is very volatile and can be profitable for traders and long term holders.
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