Ankr (ANKR), Bancor (BNT), dYdX (DYDX) and 0x (ZRX) have been available on eToro since last month. As a result, the provider increases the total number of cryptocurrencies offered to 49.
With Ankr (ANKR), eToro is reaching for Web 3.0
Ankr (ANKR) is a Web 3.0 infrastructure provider. This offers a globally distributed network of nodes for multi-chain access to over 40 blockchains. The protocol allows investors to invest their assets while receiving liquidity through integration with DeFi applications. ANKR investors can participate in the control and tuning of applications that use the ANKR software system.
Bancor (BNT): Marketmaker powered by Ethereum
Bancor (BNT) is a blockchain protocol that allows users to exchange crypto assets directly without the need for a third-party exchange platform. BNT was the first “marketmaker” on the Ethereum blockchain. The protocol has a number of other benefits, including hedging against losses suffered by liquidity providers at automated market makers. BNT investors earn on a percentage of transaction fees paid by exchange users.
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eToro offers DeFi access with dYdX (DYDX) and 0x (ZRX)
dYdX (DYDX) is a decentralized trading platform built on top of the Ethereum network. The basis of the platform is the DYDX token. It offers holders fee discounts and the opportunity to support the network. There are rewards for this.
The 0x (ZRX) exchange was among the first decentralized exchanges on the Ethereum blockchain. It has since evolved into a platform for liquidity mining and automated market makers. It also supports smart contracts that facilitate the exchange of tokens between the Ethereum blockchain and the Polygon sidechain. The ZRX token facilitates voting and decision-making processes in the 0x community.
Despite the bumpy start to the year for cryptocurrencies, more and more investors, both retail and institutional, are entering the crypto market. According to eToro’s latest Retail Investor Beat survey, 26 percent of global investors plan to add more cryptocurrencies to their portfolios this year. eToro will continue to expand its crypto offering. We want to give users the opportunity to diversify their portfolios with a wide range of crypto assets.
Tomer Niv, Director of Global Crypto Solutions at eToro
eToro has been offering retail clients access to the crypto markets since 2013. eToros users can buy, hold and sell the real underlying assets of Ankr (ANKR), Bancor (BNT), dYdX (DYDX) and 0x (ZRX) with fiat currencies. Do you want to trade directly on eToro? just follow this link.
You want to buy Shiba Inu (SHIB)?
With this provider you can create an account in a few minutes and buy Shiba Inu (SHIB) tokens.