Global multi-asset investment platform eToro lists 4 popular altcoin projects. 0x (ZRX), Bancor (BNT), dYdX (DYDX) and Ankr (ANKR) are the new cryptocurrencies to be traded on the exchange. According to the company, these tokens are among the latest additions to offer eToro customers a variety of crypto portfolios. As Kriptokoin.com, we convey the details..
eToro lists 4 popular altcoin projects
Along with ZRX, BNT, DYDX and ANKR, 48 cryptocurrencies are available for trading on the eToro exchange:
- BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI, COMP, AAVE, YFI, MANA, ALGO, MATIC, BAT , MKR, ENJ, FIL, DOT, SOL, ATOM, GRT, CRV, 1INCH, SUSHI, CHZ, QNT, AXS, CELO , FET, SNX, SAND, REN, MIOTA.
0x (ZRX) is actually an ERC-20 token built on top of another protocol, Ethereum, rather than being associated with a base layer protocol like other cryptocurrencies. For those who are not kept in the loop, the protocol itself is designed to allow Ethereum to be traded directly at a low cost. The highly experimental token, announced by its co-founder Will Warren, is listed on major crypto exchanges like Coinbase.
Why are BNT, DYDX and ANKR important?
Bancor, a native token of a Blockchain protocol that allows users to directly convert tokens instead of exchanging them on cryptocurrency platforms, has also joined eToro’s featured cryptocurrency list. Bancor’s latest version, dubbed “Bancor 3”, offers liquidity providers many key features, including double-sided rewards and full permanent loss protection.
dYdX (DYDX) is an Ethereum-based decentralized trading platform. The platform is powered by the DYDX token, which offers its users the ability to stake to earn fee reductions and rewards and participate in management. The latest token added to eToro’s crypto list, ANKR, allows investors to stake while gaining liquidity through integrations with DeFi applications. The introduction of new altcoin projects adds to eToro’s rapidly expanding crypto suite. The Israeli social investment platform has made a number of announcements recently, with major push to attract crypto investors and grow its user base.