eToro Trading Platform Adds IOTA As 12th Cryptocurrency In The List Of Digital Assets
Tel-Aviv’s eToro Social Trading Platform recently added IOTA to its list of digital assets available for trading on its platform.
With the addition of IOTA, the eToro trading platform now supports 12 different cryptocurrencies, including Ethereum Classic (ETC) and Cardano (ADA). While the application is currently unavailable to investors in the United States, eToro unveiled expansion plans for the end of 2018 with the last round of fundraising of $ 100 million in March of last year.
In the accompanying blog post, eToro reveals the general reasons for the company’s decision to add IOTA to its platform.
Recently, IOTA has been making headlines in the newspapers, as the project is promoting its cooperation with Volkswagen in order to bring the blockchain technologies to the usage. More recently, Volkswagen published a blog post, which talks about the potential of technology to improve car service, logistics and specialized solutions, including “unauthorized access odometers.”
IOTA currently occupies the 10th place in the AltDex 100 index (ALT100), the basic index for cryptocurrencies and tokens with large capitalization.