Online broker eToro today announces that it is launching a number of new tokens. The company is making available to trade the following cryptoassets:
- Cosmos (ATOM)
Cosmos aims to create an “Internet of Blockchains.” With the ATOM token, investors are rewarded based on staking their crypto. The value of the token is also driven by the more blockchains that utilize the Cosmo network of services.
- The Graph (GRT)
The Graph is making the indexing and retrieval of data across blockchains easier than ever. GRT investors and curators are able to earn rewards by being part of the network and can even have the chance to increase their own gains by participating in The Graph’s network and functions.
- Curve (CRV)
Grading on a curve is fun, but earning rewards with CRV is even better. The Curve DAO Token is a stablecoin like no other. The Curve automated market maker helps decentralize the crypto world and enable trading between stablecoins quick and simple. CRV holders can contribute to liquidity pools and potentially earn yield rewards as well as vote on the governance of the system itself.
- 1Inch (1INCH)
This instant governance token rewards investors who contribute to the 1inch’s liquidity platform. The 1inch liquidity platform aims to make trading crypto faster and easier by decentralizing exchanges between investors. This hard-capped token also enables holders to vote on how the network develops.
The launch of ATOM, GRT, CRV and 1INCH brings the total number of cryptoassets available on eToro to 36. Traders now have access to ATOM, GRT, CRV and 1INCH 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, and MIOTA.
The broker notes that, for now, these new assets are not being launched in the US. The company also stresses that cryptoasset investing is unregulated in some EU countries and the UK.
A week ago, eToro added Solana (SOL) to its investment platform. Shortly before that, eToro announced the addition of Filecoin (FIL) and Polkadot (DOT) to its cryptocurrency offering. In July, the company expanded its lineup of crypto-assets via the addition of MAKER (MKR) and ENJIN (ENJ).