The eToro investment platform announced the launch of a new crypto-exchange. The exchange will offer several tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details pairs, as well as 8 new stable-coins launched by eToro.
Crypto-exchange will initially support the trading of six cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), XRP, Litecoin (LTC) and Dash (DASH), as well as 37 different pairs of crypto-fiat trade – reported in company Twitter.
Interesting in the section: Bitcoin Cash SV features
All new eToro brand stable-coins are backed by various fiat currency. The eToro US dollar (USDX) will be supported by the US dollar, the Japanese eToro yen (JPYX) – by the Japanese yen.
Soon, the developers promise to add GBP, CAD, AUD, NZD, CHFX and EURX.
EToro platform announced new crypto-exchange and new stable-coins. According to eToro CEO Yoni Assia: "just as eToro opened the traditional markets to investors, we want to do the same in the world of tokens."
Earlier, the eToro crypto-social trading platform announced the addition of a privacy-oriented ZCash (ZEC) coin.
Editor: Yuliya Soroka