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eToro has been in the sensational news of late, we’ve have already reported that it has announced a massive deal for sponsorship with seven leading UK Premiership teams. eToro will partner with Tottenham Hotspur (currently ranked 5), as well as with Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace F.C., Leicester City F.C., Newcastle United F.C. and Southampton F.C.
On the other hand, eToro, the global trading, investment and the world’s largest social investing platformwith over ten million users, has included IOTA to its platform, bringing the total number of crypto assets available on the platform to 12. While IOTA aims to enable companies to explore and open up new business to business marketing opportunities by making every technological resource a potential service to be traded on an open market in real time, with no fees.
The following qualities make IOTA a great asset to hold for diversification:
- The IOTA Tangle ledger enables clients to settle transactions costless so devices can trade exact amounts of resources on-demand, as well as store data from sensors and data-loggers securely and verified on the ledger.
- The token aims to become the backbone of the Internet of Things (IoT).
- Unlike most cryptos the IOTA platform does not use a blockchain. Instead it is underpinned by a blockless technology its creators call “Tangle.”
IOTA will now be available on the eToro platform alongside Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, EOS, Cardano and NEO.
As eToro continues its expansion plans in the US, the new addition of IOTA to the platform proves that eToro is committed to offering its users the ultimate trading and investing experience.
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards 108 levels (which is bullish), while hourly USD spot index was at -64 (bearish) while articulating (at 07:57 GMT). For more details on the index, please refer below weblink:
