eToro, a social tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details cryptocurrency platform, has added a privacy-focused ZCash (ZEC) coin.
ZEC support on the platform means that eToro customers can now buy and sell a decentralized payment network, which allows users to protect the confidentiality of their transactions.
Interesting in the section: Zcash: unique and opportunity
ZCash becomes the 14th digital asset listed on the platform and joins Bitcoin, Litecoin, Stellar and Binance Coin (BNB) platforms.
Yoni Assia, co-founder and CEO of eToro, noted that currencies such as ZCash have evolved lately.
"It’s no wonder that others have adopted some of the basic ideas of Bitcoin and developed new payment networks with additional features – in the case of Zcash, this is confidentiality. We are pleased to offer ZEC to eToro investors who seek to diversify their assets." – Yoni Assia.
Interesting in the section: Advantages and disadvantages of Veritaseum
According to a press release, ZEC will be added to eToro's CryptoPortfolio, a multi-asset platform feature that allows investors to diversify their assets with the many cryptocurrencies available.
Editor: Yuliya Soroka