eToro Adds UniSwap and Chainlink to Its Crypto Services
CoinEdition
Published Apr 20, 2021 06:29AM ET
eToro Adds UniSwap and Chainlink to Its Crypto Services
- eToro has added UniSwap and Chainlink to its crypto services.
- Now, eToro’s crypto product offering is up to 18 and above.
Social trading platform eToro has added two extra DeFi-based protocols such as UniSwap (UNI) and Chainlink (LINK) to its online crypto services.
Of note, eToro’s Vice President Doron Rosenblum approved the addition of both UniSwap and Chainlink on the platform. As a result, this has raised eToro’s total digital assets offering to 18 and above.
According to the report, Chainlink is now the number 12 highest digital asset with a market capitalization of over $15 billion. On the other hand, UniSwap on 11th seat with a marketcap of $15.8 billion.
In terms of driving investor’s interest, Rosenblum notably said that eToro is always motivated by the drastic surge of the cryptocurrency industry. This helps it to add more new cryptos.
“Now is the right time to be adding new cryptos to eToro. We have seen an explosion in retail investor appetite for the asset class and strong demand to invest across a greater range of tokens. Both LINK and UNI have use cases and remind us that not all cryptos are designed to be currencies.”
Presently, the eToro exchange has not less than 20 million registered users. Also, eToro provides trading services for cryptos like Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, XRP, Dash, ADA, and more.
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