Tron (TRX) was added to the social trading platform eToro. More than 100 million registered users will have access to one of the largest cryptocurrencies in the market. Tron is not the first digital asset added to the platform, many other virtual currencies were added in the past. The information was released by the Tron Foundation in a recent blog post.
Tron is Now Available on eToro
eToro is one of the most popular trading platforms in the financial world. Individuals and investors use this platform because it has a large number of interesting features that allow users to maximize their profits. The platform calls itself “the world’s leading social trading network.”
One of the most popular features that the platform offers is known as “CopyTrader.” Individuals can automate their trading allocating some funds to replicate another investor’s activity and copying every single move they make in real time.
eToro added Bitcoin via CFDs back in 2013 but it added the asset in 2017. Other digital assets supported by the platform are Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), XRP, Stellar (XLM), IOTA (MIOTA), Cardano (ADA) and many others.
Yoni Assia, the co-founder and CEO at eToro, commented about it:
“TRON is making fast progress towards lofty ambitions and has rightly garnered the attention of the crypto community. Given the relative youth of blockchain technology, investors in crypto assets are investing in big ideas and seeking out companies that execute on big ideas. Tron certainly ticks that box. At eToro we look to offer investors access to crypto-assets that already have some clear success behind them.”
According to Mati Greenspan, Tron has been one of the most requested cryptocurrencies from clients. In general, crypto users tend to request to platforms to add their favourite digital assets on the platform.
Justin Sun, the CEO and founder of Tron, said that this will allow the blockchain community to grow, and it will help Tron and their blockchain expand their reach around the world.
At the time of writing this article, Tron is the 10th largest virtual currency. It has a market capitalization of $1.5 billion and each TRX can be purchased for $0.022. The virtual currency has recently surpassed Cardano as the 10th largest asset.
It is worth mentioning that TRX will also be added to eToro’s CryptoPortfolio, that allows individuals to diversify their funds on different crypto assets according to their market cap.