As part of its ongoing commitment to offer all its users a broad variety of cryptoassets, eToro is happy to announce that it is launching a number of new tokens.
Now available on the eToro investment platform are the following cryptoassets:
REN connects traders and decentralised applications across blockchains. Running on a network of dark nodes, REN transactions are done privately between exchanges to limit the impact of traders’ frontrunning markets. REN tokens are used to power the network and are required to run a dark node.
Fetch.aiThe Fetch network utilizes artificial intelligence and machine learning to help automate complex transactions on DeFi applications, helping investors balance liquidity and hedge exposure across positions in automated market makers and lending protocols. Token holders not only vote and control the system, but they can power Fetch programs with FET.
SynthetixSynthetix is living up to its name and helping investors generate their own tokenized synthetic derivatives. The SNX token and the affiliated smart contracts enable investors to produce tokens which mimic real-world assets and currencies. SNX investors are able to utilize pricing oracles to detect the price of crypto and generate synthetic assets on the Ethereum mainnet.
The launch of FET, SNX, and REN brings the total number of cryptoassets available on eToro to 45.
Traders now have access to FET, SNX, and REN alongside BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI, COMP, AAVE, YFI, MANA, ALGO, MATIC, BAT, MKR, ENJ, FIL, DOT, SOL, ATOM, GRT, CRV, 1INCH, SUSHI, $CHZ, QNT, AXS, CELO, SAND, and MIOTA.
Note: For now, these new assets are not being launched in the US.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.