‘Social Trading Platform’, eToro, which offers user-friendly access to investments and share/markets trading, has announced a move into the US market – along with a new cryptocurrency exchange and the launch of a mobile wallet.

The company has offered cryptocurrency investment facilities since 2014, but is now adapting its offering to allow its users to hold and spend the cryptocurrency they choose to back in the same way that dedicated cryptocurrency exchanges do. It will offer 10 cryptocurrencies to begin with: Bitcoin (BTC) and Bitcoin Cash (BCH), Ethereum (ETH) and Ethereum Classic (ETC), Litecoin (LTC), Ripple (XRP), Dash (DSH), Stellar (XLM), NEO, and EOS.

As with other financial instruments on the platform, users of eToro’s new crypto service will be able to invest in three ways: manually buying a coins, automatically copying the trades of others using the platform (its central USP), or by investing in its Crypto CopyFund, a managed portfolio of the coins on offer.

While the new crypto facilities will be rolled out worldwide over the next couple of months, initially it will only be available in a few US states, while it ensures it aligns with US regulatory requirements. In terms of cryptocurrency, they are somewhat in flux at the moment, as we have reported.

“As major as these announcements are, we have even more to offer and our clients can be sure we will have some more exciting announcements for them in the near future”, the firm said in a press release.