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eToro Adds Polkadot (DOT) and Filecoin (FIL) On Its Platform

Published 10/06/2021, 08:33 AM
Updated 10/06/2021, 09:00 AM
eToro Adds Polkadot (DOT) and Filecoin (FIL) On Its Platform

  • eToro adds Polkadot (DOT) and Filecoin (FIL) on its platform.
  • Investors can now buy, hold, and sell DOT and FIL on eToro.
  • DOT and FIL offerings on eToro are not currently available in the USA.

World-leading social trading platform — eToro, continues to offer its users the best investment opportunities. The global multi-asset investment platform announces that it has added Polkadot (DOT) and Filecoin (FIL) to its crypto offerings.

Today, the eToro team made it public to its users and prospective investors in a tweet:

Moreover, DOT and FIL are not currently available in the USA, according to the eToro team. Also, replying to a tweet, the eToro team confirms that they are working on adding more coins to the wallet.

In an official press release on eToro.com, the team reveals that adding DOT and FIL to the eToro family will bring the number of their crypto assets to 31. Thus, eToro keeps broadening its services to stamp its presence in the digital asset market.

Significantly, DOT is helping to connect various blockchains into a more simplified unit for its investor’s satisfaction. At press time, DOT’s market cap stands at over $29 billion and ranks number 10, according to CoinMarketCap. Being one of the most valuable coins, DOT continues to show an impressive trend that may likely see it breakout.

Conversely, FIL is a decentralized peer-to-peer storage network that turns the world’s unused storage into an algorithmic market. At the time of writing, Filecoin (FIL) has a market cap of $7,457,524,346. One of the unique features of the Filecoin network is its ability to make retrieving and storing files faster and easier.

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eToro VP of Business Solutions, Doron Rosenblum, speaks on the platform adding DOT and FIL, he says;

Despite recent volatility in the crypto market, we continue to see increasing interest in the asset class from both institutional and retail investors, who believe in the long-term potential of crypto. We are committed to offering our users more opportunities to diversify their portfolios with a broader range of crypto assets. We will continue to expand our range of crypto assets with more coins coming soon.

Specifically, eToro has been providing retail clients access to the world’s best cryptos since 2013. eToro’s holders can buy, sell, and hold DOT and FIL on its platform using fiat currency. Investors also can access other cryptocurrencies such as BTC, ETH, BCH, LTC, XRP, and many others on eToro.

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