eToro , the global investment platform with over 10 million
registered users, confirmed their roll out of a crypto wallet to
both Android and iOS users.
“We believe that in the future all assets will be tokenized and
that crypto is just the first step on this journey. Just as eToro
has opened up traditional markets for investors, we want to do the
same in a tokenized world. The eToro wallet is a key part of
this,” Yoni Assia, CEO of eToro, said.
Not every exchange has a separate wallet app. For example, Binance ,
one of the world’s most popular crypto-to-crypto exchanges, only
recently has acquired the mobile wallet operator Trust Wallet .
The eToro wallet, which promises an "intuitive customer interface
and enhanced security", is now available on Google Play and
Apple’s App Store. For starters, it will only support Bitcoin ,
Bitcoin Cash , Ethereum , and Litecoin , but eToro says they will be
expanding this list in the near future.
However, eToro is only releasing the wallet for certain customers
and countries, in order to "ensure a smooth experience". This
means that, if you can’t currently find the app in the app store,
you might have to wait a bit. Initially, the ability to transfer
crypto from eToro to the wallet will be available to Platinum Club
members for Bitcoin. This will gradually be extended to more users
and a greater number of crypto assets. To be a Platinum Club
member, you need to have more than USD 25,000 in equity on the
platform.
The wallet will feature multi-signature security to prevent
accidental loss of private key. It will also enable crypto to crypto
conversion, the ability to deposit fiat, and in-store payments.
“The eToro wallet today is just the beginning and we will adding
a whole host of additional functionality,” Assia added.
eToro recently made a viral ad featuring actor Kristian Nairn ,
better known as Hodor from the TV series Game of Thrones , to the
amusement of the community. The wallet itself, meanwhile, was
announced back in May, when the company also teased a new
cryptocurrency-only exchange desk, slated to launch in Europe and
later in the US.
registered users, confirmed their roll out of a crypto wallet to
both Android and iOS users.
“We believe that in the future all assets will be tokenized and
that crypto is just the first step on this journey. Just as eToro
has opened up traditional markets for investors, we want to do the
same in a tokenized world. The eToro wallet is a key part of
this,” Yoni Assia, CEO of eToro, said.
Not every exchange has a separate wallet app. For example, Binance ,
one of the world’s most popular crypto-to-crypto exchanges, only
recently has acquired the mobile wallet operator Trust Wallet .
The eToro wallet, which promises an "intuitive customer interface
and enhanced security", is now available on Google Play and
Apple’s App Store. For starters, it will only support Bitcoin ,
Bitcoin Cash , Ethereum , and Litecoin , but eToro says they will be
expanding this list in the near future.
However, eToro is only releasing the wallet for certain customers
and countries, in order to "ensure a smooth experience". This
means that, if you can’t currently find the app in the app store,
you might have to wait a bit. Initially, the ability to transfer
crypto from eToro to the wallet will be available to Platinum Club
members for Bitcoin. This will gradually be extended to more users
and a greater number of crypto assets. To be a Platinum Club
member, you need to have more than USD 25,000 in equity on the
platform.
The wallet will feature multi-signature security to prevent
accidental loss of private key. It will also enable crypto to crypto
conversion, the ability to deposit fiat, and in-store payments.
“The eToro wallet today is just the beginning and we will adding
a whole host of additional functionality,” Assia added.
eToro recently made a viral ad featuring actor Kristian Nairn ,
better known as Hodor from the TV series Game of Thrones , to the
amusement of the community. The wallet itself, meanwhile, was
announced back in May, when the company also teased a new
cryptocurrency-only exchange desk, slated to launch in Europe and
later in the US.
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