TRON (TRX) Added to eToro Portfolio
The TRON digital asset will reach the 10 million registered users of eToro.
The eToro trading platform once again proved it is willing to add the hottest digital assets. With the addition of TRON (TRX), the portfolio of eToro expands to 15 digital assets, a mix of classical and relatively old coins, as well as newly arrived assets and networks.
“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,” said Yoni Assia, co-founder and CEO of eToro.
TRX remains one of the most visible tokens, with significant development since the mainnet launch in 2018. However, the asset has remained stagnant, keeping its place among top 10 coins, though with a relatively low price around $0.022. TRX has not rallied so far, and its price shows very small fluctuations in the past months.
“With our listing on eToro, we’re giving TRX holders another great platform on which to manage their assets,” Justin Sun, founder of TRON, said. “These steps will help grow the blockchain community and expand our reach around the world.”
The TRON ecosystem is now expected to start adding tokens, with the most significant addition the BitTorrent Token (BTT), linked to the BitTorrent file sharing service.
The eToro platform has expanded the selection of assets to include also Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), XRP, Litecoin (LTC), Ethereum Classic (ETC), Dash (DASH), Stellar (XLM), NEO (NEO), EOS (EOS), Cardano (ADA), IOTA (MIOTA), Binance Coin (BNB) and ZCash (ZEC). Initially, the platform carried the assets only as trading opportunities, without offering actual wallets. Now, eToro traders may choose to own some of the assets in a wallet.
Buying TRX on eToro will mean that traders own the real underlying asset, and not only a derivative product. Additionally, TRX will be added into the general CryptoPortfolio averaging the price of all the selected assets on the trading platform.