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:
Bancor was the first automated market maker on the Ethereum blockchain and the Bancor v2.1 protocol introduces a number of advantages to the field, including insurance against impermanent losses commonly suffered by liquidity providers in traditional AMMs such as Uniswap. Investors place BNT into different pools and earn revenue based on a percentage of the transaction fees paid by other investors.
The 0x exchange was among the first decentralized exchanges on the Ethereum blockchain, but has now iterated into liquidity aggregation across automated market makers and other smart contracts facilitating the exchange of tokens on the Ethereum blockchain and the Polygon sidechain. The ZRX token facilitates voting and decision-making processes in the 0x community.
dYdX is a decentralized trading platform built on the Ethereum network. The platform is powered by the DYDX token, which offers holders fee discounts, and the ability to stake to earn rewards and participate in governance.
The Ankr platform enables investors to stake their assets while obtaining liquidity through integrations with DeFi applications. ANKR investors can participate in powering and voting on applications utilizing the ANKR software system.
The launch of BNT, ZRX, ANKR, and DYDX, brings the total number of cryptoassets available on eToro to 48.
Traders now have access to BNT, ZRX, ANKR, and DYDX 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, FET, SNX, SAND, REN, 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.