eToro opened its own Bitcoin exchange in Gibraltar and Token

the CFD Broker eToro has introduced a new trading platform for crypto-currencies and eight own Stable Coins will be introduced. A subsidiary will handle trade.

By Patrick Pehl
18. April 2019BTC$5.251,00 0.70%part Facebook Twitter LinkedIn xing mail

Before the gates of the European Union is the rock of Gibraltar. Here is the new daughter company of eToro, eToroX rules, your transactions of the local financial market Supervisory authority. Founded in 2006, the parent company, eToro has its headquarters in Cyprus and in the United Kingdom. The costs for the exchange from Fiat into crypto currencies will cost between one and four percent. Otherwise, the exchange rates between the crypto currencies are the 0.1 percent of the transaction volume in the normal range.

Gibraltar is known for its free financial sector. The small Peninsula, with 28,000 inhabitants, is home to some 20 internationally active banks. Currently, the territory belongs politically to the British, the currency is affiliated to the English pound.

Six of Coins and their own brands of

To Start the platform offers a six-crypto currencies: Bitcoin (BTC), Bitcoin, Cash (BCH), Ether (ETH), Ripple (XRP), LiteCoin (LTC) and Dash . In addition, eToroX on 37 trading pairs, such as BTC/USD, XRP/GBP, but also in ETH/EUR and BTC/EUR. Thus, in Germany, a strong brand eToro is also for customers from the Euro area attractive.

The eToroX currencies in the next few weeks for more Crypto Stable of Coins and tokens add

announced the eToroX-managing Director, Doron Rosenblum, and added that her company will also work with other trading venues for crypto currencies. The purpose of the partnership is to bring other exchanges to list the eToro stablecoins.

Expansion of markets through the Bitcoin exchange eToro

The CEO and co-founder of the 2006-founded Social Traders eToro, Yoni Assia, succeeded:

So how eToro traditional markets for investors has opened up, so we want to create in the Token world. The Blockchain will eventually consume traditional financial services through Tokenization.

in The largest Transfer of wealth will take place, if financial services Hiking in the Blockchain, said Assia and added that the Tokenization of all the traditional plant is planned classes, including art, ownership, and intellectual property.

The Best from the point of view of Yoni Assia, because from his point of view, the greatest wealth transfers happen when financial Hiking services in the Blockchain. And at this time the Social Trader be placed in already strong on the market. He is sure:

The Tokenization of all traditional asset classes, including art, property, and even intellectual owners, will one day take place.

In the past month, has bought eToro is also a Danish Blockchain Start-up that specializes in Smart Contracts and the management of values. In addition, the Broker has launched a Bitcoin exchange and Wallet service in the United States. This platform allows eToro U.S. to trade customers from 32 States and U.S. territories, 13 crypto-currencies.

click Here to go to eToro.

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