eToro Launches a Crypto Wallet

Trading platform eToro announced the released of its own cryptocurrency wallet with initial support for four cryptoassets.

Etoro, last month. became the first platform to offer fiat trading of cryptocurrency exchange Binance’s in house Binance Coin, promises to add additional functionality to the product following the initial release.

“The eToro wallet today is just the beginning and we will adding a whole host of additional functionality which will include supporting additional crypto and fiat tokens, crypto to crypto conversion, the ability to deposit fiat, payment in store and more,” CEO Yoni Assia commented in the press release.

The wallet will at first provide support for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC). Initially, the ability to transfer crypto from eToro to the wallet will be available to Platinum Club members for Bitcoin. This will gradually be extended to more users and a greater number of crypto assets.

Etoro, currently supports fourteen total crypto currencies on its platform. 

Posted on: 07/11/2018