Technology

eToro rolls out its cryptocurrency wallet for Android and iOS

The eToro Social Trading Platform has finally begun deploying its cryptocurrency portfolio to Android and iOS users.

The portfolio, which promises an intuitive customer interface and enhanced security, is now available on Google Play and the Apple App Store. At launch, the application only supports Bitcoin Bitcoin Cash, Ethereum and Litecoin; However, eToro plans to add support for more crypto-currencies in the near future.

However, there is a small drawback: to ensure a seamless customer experience, eToro distributes the wallet only to certain users and countries. So, if you do not find the app on Google Play or on the App Store, you may need to wait a little longer.

"We believe that the crypto technology and the block chain that will underpin it will have a huge impact on global finance," said Yoni Assia, CEO of eToro. "The blockchain has the potential to revolutionize finance and we believe we will witness the greatest wealth transfer of all time on the blockchain."

"We think that in the future all assets will be numbered and that cryptography is only the first step in this process," he continued. "Just as eToro has opened the traditional markets to investors, we want to do the same in a symbolic world. The eToro portfolio is a key element. "

The company originally revealed its intention to launch its own independent portfolio application in May. It has also launched a new exchange office exclusively based on cryptocurrency and intended to be launched in Europe, then in the United States.

For now, eToro indicates that the ability to transfer eToro's cryptocurrency to the wallet will be restricted to members of the Platinum Club for Bitcoin. The goal is to gradually extend the functionality to more users and assets.

"The eToro portfolio today is only a start and we're going to add a host of additional features, including support for additional crypto and fiat chips, crypto to crypto conversion." , the ability to deposit feeds, payment in-store, etc. Assia added.


This content is sponsored by eToro X. The portfolio is provided by eToro X Limited ("eToro X"). eToro X is a Gibraltar company registered under number 116348, headquartered at 57/63 Line Wall Road, Gibraltar.

eToro X has received approval in principle from the Financial Services Commission of Gibraltar regarding its application for a Licensed General Led Technology (DLT) technology supplier license.

Posted on 8 November 2018 – 16:54 UTC

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