eToro has listed Band Protocol, Orchid Network and SKALE, bringing the number of cryptos available to 76. We list all available coins below.
The announcement was posted to the eToro news feed on June 28th:
‘As part of its ongoing commitment to offer all its users a broad variety of cryptoassets, eToro is happy to announce that it is launching a number of new tokens. Orchid Network is a peer-to-peer marketplace for virtual private network (VPN) providers and users. OXT is the Ethereum token that powers the Orchid network, and is used to purchase VPN bandwidth.
SKALE is a layer 2 network for building blockchains and decentralized applications on Ethereum. SKL is the network’s native token, and can be staked and used to pay for network services.
Band is an oracle protocol that bridges the gap between blockchains and real-world information such as stock prices and weather data. BAND is the native token of Band Protocol, and is used for securing the network through staking, paying for network services, and voting on governance decisions.’
These three new supported coins will only be available for investors outside the US at present – eToro accepts American users, however less crypto coins and tokens are available for US residents.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
What Cryptos are available on eToro?
Below is a complete list of cryptos supported on eToro.com and guides on how to buy them:
As well as the option to buy cryptocurrency and trade on their own, eToro users can also choose to copytrade professional investors if they wish. A feature not available on many crypto exchanges.
Users can either copytrade the buys and sells a day trader makes with the altcoins above, or the portfolio allocation a long-term crypto investor holds. eToro also produces bespoke ‘Smart Portfolios’ of certain cryptos, grouping them by category, e.g. DeFi coins and metaverse coins.
Related
- eToro Launches DAO Crypto Portfolio
- List of Countries eToro is Available In
- eToro Review 2023
- Skale Network Token Price Prediction
- Best Emerging Cryptocurrencies to Buy
eToro CopyTrader™ Tool
- Buy Crypto & Copy Trade Professionals
- Average 30.4% ROI in 2021
- Average 83.7% ROI in 2020
- Copy a DeFi or Metaverse Portfolio
This article was written for Business 2 Community by Matt Williams.
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