eToro Might Be The Next Big Thing

Right now most banks, institutions and crypto are not getting along well at all. The SEC, CFTC and other governments continue to attack crypto like wildfire and slap fees on everyone for the dumbest of reasons. Imagine making 3 million from a tweet and because you didn't disclaimer it in a way that the SEC liked you had to pay a $500,000 fine. Idk about you but I'd keep doing it. The sad thing it it's simply a bank ATM machine for the SEC in these cases and it does nothing to help anything. AKA the pointless SEC.

eToro has made grounds with crypto a while back. It's a rather large company with a net income of 265 million in 2021 and 1,700 employees. The company is based out of Israel and has offices in Cyprus, UK, US and Australia.

This move could very well set eToro up as a crypto hub between the Fiat and crypto markets and as much as the SEC wants to constantly attack this I think a investment place such as eToro is smart and could make a boat load of revenue from it. They are filling a gap which was created from the likes of FTX and the constant crack down on banks and other finances like Coinbase.

eToro and Twitter

eToro has just partnered up with Twitter to offer direct crypto trading and see prices. eToro allows for both stock trading and crypto trading and we could see this integrated on a new level on the social media application.

It's pretty much a take over sector for social to expand into where the real money is and that's with stock trades, crypto trades and the velocity of it all. It will be easier access, faster trading, chats on twitter about it and provider access to millions of people to crypto.

It also expands the $ feature of twitter which will allow for real-time prices for stocks and crypto.

It's clear that a team up like this on a very active investing social media platform where it's constantly talked about and makes up a bulk of what goes on, on twitter is a for sure smart move by etoro.

That's the thing with having a social media company which millions use. It gives you some serious bargaining power and this partnership or whatever it is will most likely start making twitter more money then ever before. Filtering out the trash advertisers and brining on solid and thought out strategic partnerships that really matter.

Posted Using LeoFinance ^Beta