eToro today announced the addition of four new tokens to the list of tradable digital assets on its platform.
They are:
- SushiSwap (SUSHI),
- Chiliz (CHZ),
- Axie Infinity (AXS),
- Quant (QNT).
The platform now offers the possibility to trade 40 crypto-assets.
Summary
The new tokens listed on eToro
SUSHI is the governance token of the DEX SushiSwap, and allows people to invest in liquidity pools to make the exchange more liquid. It offers rewards to holders who contribute to liquidity pools.
CHZ is the token of Chiliz, a company offering crypto services in the sports and entertainment industry. It is used by fans of various teams, and allows them to earn rewards through special betting pools that can earn money based on the results of various live sporting events.
AXS is the token for Axie Infinity, a Pokémon-inspired blockchain video game that combines NFT and crypto-assets. Axie Infinity is changing the way people play and invest, as players can earn tokens through their skills as gamers, while holders can help shape the game’s universe and decide how the platform should operate.
QNT is Quant‘s token, which aims to make it easier to move across multiple servers or between different blockchains. QNT helps investors use special programs that operate within the Quant network, and is a hard-capped token with limited availability.
VP of Business Solutions at eToro, Doron Rosenblum, said:
“The crypto-asset market recently reached a new milestone, surpassing $3 trillion in market capitalization. This milestone underscores the positive outlook for investors. We will continue to grow our cryptocurrency offering to allow users to diversify their portfolios with a wide range of crypto-assets.”
eToro, 23 million users
eToro is a trading platform created in 2007 with the ambition to open up the global markets to everyone, making it possible for anyone to invest easily. Since 2013 it has also been offering customers access to crypto markets.
In addition to crypto-assets, it allows trading in shares and commodities.
It has over 23 million users who can also share their investment strategies so that other users can follow them.
