CJ - Cryptocurrency Enthusiast
Twitter and eToro have teamed up to offer users the opportunity to invest in crypto assets with $Cashtags, while also expanding the list of financial assets that users can see real-time prices for when using the feature. According to a press release, the list of $Cashtags that produce live price charts will be "hugely expanded," while users will be able to click through to the eToro platform to access more information about the asset and trade crypto. A wide range of financial products on the eToro platform, including Bitcoin (BTC), will be covered by the cooperation.
The most frequently used $Cashtag was $TSLA (Tesla), with BTC (Bitcoin) ranking in the top five. The CEO and co-founder of eToro, Yoni Assia, thinks that social media financial information educates a lot of people who have been left out by more traditional methods. Millions of everyday investors use Twitter every day to get financial news, share knowledge, and engage in conversation. It has become an essential part of the retail investing community.
In summary, the partnership between Twitter and eToro is a welcome development for investors looking for more crypto market investment tools. With this partnership, users can now access more real-time data on a broader range of financial assets, with the option to invest through the eToro platform. The move also shows Twitter's commitment to growing the #FinTwitter community, which has become a critical part of the retail investing community.
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