Online broker eToro adds 29 new cryptoassets to its investment instruments lineup

Online broker eToro announced today that it has added 29 new cryptoassets to its lineup of investment instruments.

Online broker eToro has announced today that it has added 29 new cryptoassets to its lineup of investment instruments.

“Our commitment to expanding access to digital assets continues with this latest addition of 29 more tokens, covering a broad range of use cases. From cloud computing and payments to gaming, machine learning, supply chain management, scalability and more, these tokens represent diverse projects across the crypto industry. We are excited to provide our users with an even wider range of tokens to choose from, ” said Omri Ross, Chief Blockchain Officer at eToro.

Out of the 29 new tokens, 17 are ‘experimental' cryptoassets, a category on eToro including memecoins, initial coin offerings and token sales, innovative products and decentralised finance (DeFi) strategies. Since experimental cryptoassets carry higher risks, including volume liquidity, asset stability and other considerations, there are restrictions on the value of positions that users can open in these assets depending on their eTORO Club tier. These limits are in place to help manage the risks associated with trading these high-volatility assets.

eToro has been offering retail clients access to the crypto markets since 2013. eToro’s users can buy, hold and sell the real underlying assets of over 130 cryptoassets.

These new cryptoassets are not currently available to users in the US, UAE, and Germany.

The latest additions to eToro’s crypto offering include:

These coins are not available to clients in the US, UAE, and Germany.