eToro Adds Chainlink And Uniswap Following An ‘Explosion In Retail Investor Appetite’

By Nick James – April 19, 2021

The crypto market has been scoring huge wins of late as digital assets win in recognition in various economic sectors across the world. The latest break-through happens to involve one of the world’s largest online-based trading platforms, eToro. eToro has just announced the listing of Chainlink and Uniswap as part of the tradable digital assets available on its platform.

This comes just after Coinbase, another very popular crypto exchange, went public and scored big wins for the market. These crypto-focused developments give the impression that the blockchain and crypto industry is still expanding and has the capacity to totally change how business is conducted.

“explosion in retail investor appetite“

eToro’s decision to add two of the top coins isn’t without cause. According to eToro’s VP of Business Solutions, Doron Rosenblum, eToro’s move to list Chainlink and Uniswap was a reaction to the market demands. Retail investors have been turning their concentration more on cryptos, and that makes it a great move to expand their field of choice by listing more qualified cryptos. Uniswap is at position 11 on the charts while Chainlink sits at 12.

The listing of these two assets on eToro exposes them to over 20 million users across the world. People can now buy, hold, and sell them on the platform just as they do on other crypto trading platforms. That means that the user base for the two assets has expanded exponentially, and this could soon have a positive impact on their market standings.

More Tokens To Be Added

After listing Chainlink and Uniswap, eToro brings the number of cryptocurrencies available for trading on the platform to 18.

These cover Uniswap, Chainlink, Bitcoin, Ethereum, Bitcoin Cash, Dash, Ethereum Classic, XRP, Neo, EOS, Litecoin, Cardano, IOTA, Stellar, Tron, BNB, Tezos, and Zcash. However, XRP and BNB are not available for trading by US-based users. The trading platform has plans to list even more crypto assets in the near future.

Advertisement

DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Nick James and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe