eToro welcomes Filecoin and Polkadot in its roster of cryptocurrency offerings

The social trading platform of eToro has just made it known that it has included both Filecoin (FIL) and Polkadot (DOT) to its roster of cryptocurrency offerings. The company is making sure that its users have a wider choice of investment opportunities.   

eToro adding a couple more  

eToro took to Twitter to announce as it now offers 31 crypto assets on its popular trading platform. For the uninitiated, it also added digital assets like Decentraland, Uniswap (UNI), Enjin (ENJ), Maker (MKR), and Yearn.Finance. Users can also invest in other equally notable cryptos like Compound (COMP), Algorand (ALGO), Chainlink (LINK), Aave (AAVE), Shiba Inu (SHIB), and even Dogecoin (DOGE).   

That said, eToro’s Vice President of Business Solutions – Doron Rosenblum – commented on the latest addition to their crypto offerings. He stated that they will continue to expand their range of crypto assets with more coins coming soon.   

Rosenblum also acknowledged that the cryptocurrency market has witnessed high volatility recently before pointing out the surge in demand for the asset class. The eToro exec went on to say that their company is committed to giving more opportunities for its users as they aim to diversify their portfolios in the market. He then gave somewhat of a heads up to investors to at least research on the potential product they want to invest in before placing their money in any of them.  

Now going back to eToro’s latest tweet, Polkadot and Filecoin enthusiasts in the United States need not get too excited about it though since it was highlighted on eToro’s tweet that it’s not yet available in the U.S. Further, the tweet also reminded folks that crypto-asset investing is unregulated in some countries within the European Union and the United Kingdom adding that there’s no consumer protection hence, their capital is at risk.  

Polkadot  

Polkadot facilitates in connecting different blockchains into a simpler unit for the satisfaction of its investors. As of publication, DOT’s price sits at $31.49 which is down by 0.45 percent in the last 24 hours. Currently, Polkadot is ranked 10th with a market capitalization of over $31 billion.   

Filecoin  

As for Filecoin, it’s described as a decentralized storage system that aims to “store humanity’s most important information.” FIL’s price is at $70.69 at the time of publication – down by 0.07 percent in the past 24 hours. It’s on the 24th spot in terms of market capitalization which is at $7.8 billion.