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Introducing eToroX: eToro’s newest crypto exchange

  • Users will gain access to eight stablecoins which have all been created by eToro.
  • The cryptos currently available are bitcoin (BTC), bitcoin cash (BCH), ether (ETH), XRP, litecoin (LTC), and dash. They have promised to add more soon.

Exchange giants eToro launched its newest crypto exchange eToroX which will be regulated in Gibraltar. As per eToro’s CEO Yoni Assia:

“Just as eToro has opened up traditional markets for investors, we want to do the same in the tokenized world. We want to bring crypto and tokenized assets to a wider audience, allowing them to trade with confidence. This is the future of finance.”

eToroX will give users access to eight stablecoins (including Swiss Franc and US dollar) which have all been created by eToro. Users will be able to buy bitcoin (BTC), bitcoin cash (BCH), ether (ETH), XRP, litecoin (LTC), and dash. Thirty-seven crypto-to-fiat pairs are also available.

Doron Rosenblum, a managing director at eToroX, also promised that more assets will be added soon:

“In the coming weeks and months we will add more cryptoassets, stablecoins and tokens to the exchange and will work with other exchanges to encourage them to list our growing range of stablecoins.”

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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