eToro, a renowned social trading platform, has launched a cryptocurrency wallet for both android and IOS users. The roll out began yesterday, 8th November 2018 and already thousands of users have started using the wallet. eToro cryptocurrency wallet stands out from the rest by providing advanced security features and user-friendly interface. The wallet is available on Apple App Store and Google Play Store.
eToro Cryptocurrency Wallet Available
eToro cryptocurrency wallet currently supports Litecoin, Ethereum, Bitcoin Cash, and Bitcoin. The developers have however promised to increase the number of cryptocurrencies supported by the wallet in the coming months. In a bid to ensure that the wallet is functioning properly, the wallet was only made available to a select number of countries and users. Therefore, if you can’t find it on App Store or Google Play Store, you will have to wait for the next release.
In a recent interview, the CEO of eToro Yoni Assia said that the company strong believes that blockchain technology and cryptocurrency will have a major positive impact on the global finance industry. Blockchain technology in particular has the ability to resolve some of the common problems that have been plaguing the financial sector for decades.
Yoni is also of the idea that in the next couple of years, all assets in the market will be fully tokenised and cryptocurrency is just the first step to a brighter and more efficient cryptocurrency industry. The company is also optimistic that just like the way it made it possible for investors to take advantage of traditional fiat markets, the eToro cryptocurrency wallet will pave the way into a fully tokenised world.
Notably, the company hinted about this back in May this year. The team is also rumoured to be working on a new generation cryptocurrency only exchange desk that will be launched in Europe and United States. At the time of writing eToro management has revealed that only Platinum Club members are able to transfer digital currency from eToro wallet. The main objective of the company is to increase functionality and make the wallet available to more users. As mentioned earlier, the wallet will support more cryptocurrencies in the near future.
Assia has told the press that eToro cryptocurrency wallet is just one of the products that the company plans to introduce into the market. The wallet will impact the cryptocurrency industry positively especially when new functionalities are added to facilitate various functions such as cryptocurrency to cryptocurrency conversion, cryptocurrency to fiat tokens conversion, payment in store, and ability to deposit fiat currencies security and fast. Click to here to read the latest cryptocurrency and blockchain technology news and informative ICO reviews.