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Simplicity, transparency and low risk: Here’s why Popular Investor Enmanuel Bautista chose eToro

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Enmanuel (@big-profits) from the Dominican Republic has been in finance for all of his adult life. After reviewing several online trading platforms, he decided to focus on eToro, because of the platform’s ease of use and transparency. We asked him a few questions about his trading habits and strategies:

66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

  1. Tell us a little bit about yourself

I am Enmanuel Bautista from the Dominican Republic, owner of a leading online Latin loan company. I dedicate myself to the business of finance (personal loans) and trading. Since I was a child, one of my goals has been to be independent, and eToro has helped me achieve this goal. I have never been an employee and I have been in the financial business since I was 17.

  1. Did you have previous experience with financial investments before joining eToro?

Yes, I used to make investments in local banks and local exchanges. In 2010, I began buying my local currency pairs EUR/DOP and USD/DOP without leverage. After that, in 2012, I tested some online brokers (3 including eToro) with binary options and trading with leverage. Following a large loss with high risk trading in 2014, I finally learned from my mistakes and made a significant profit between 2015-2017 and got a good strategy going. In 2017, I decided to focus on eToro for investing, because it was where I found myself trading with low risk and consistent results.

  1. Why did you choose to join eToro?

Because I found eToro to be the easiest, most comfortable platform to trade on, and learn from other people. On eToro, you feel at home after only a few days of practice.

  1. What are the three key benefits of using eToro?

You can trade and invest without having trading experience at all. You can just look for one of the many experienced Popular Investors and copy them. After that, you don’t need to do anything else. The trader you selected will do the work for you.

eToro is the best platform to assist you with low-risk trading. You are able to see your Risk Score on your profile on a scale of 1-10.

On eToro, you will not see fake results, the platform is extremely transparent. When a trader has a negative month, they cannot hide it. eToro is the best platform to see real results where lots of investors show their trading statistics for past years to the public.

  1. How has eToro changed the way you trade?

Since I started trading on eToro, I have become a responsible and consistent trader who knows how to keep calm at times when the market is difficult. eToro helps me focus on getting positive results each month. I’ve created a long-term, efficient strategy which has helped me to trade responsibly using the risk score tool.

  1. What is your type of trading strategy and what is it focused on?

My trading strategy is based mainly on technical correction, and is focused on finding the best time to benefit from a rebound.

  1. What are the benefits of being a Popular Investor and what is your long-term goal?

The benefit of being a Popular Investor is the ability to help many people who don’t have experience in growing their finances. My long-term goal is to have more than 6000 copiers

  1. Do you have any advice for your copiers/ users considering copying you?

You can begin copying me with the amount of capital you prefer, but if you want to have noticeable gains, I suggest copying me with at least $2,500.

  1. What are your hobbies?

I meditate, I love riding my motorcycle on hills, and I love domestic touring and travel.

66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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eToro first to give retail investors financial exposure to Facebook’s Libra project

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eToro, the multi-asset investment platform, today announces the launch of its latest portfolio, offering investors the opportunity to take a stake in the companies involved in Facebook’s Libra project.

Yoni Assia, CEO and Co-founder of eToro, comments:“The Facebook Libra project presents a seismic shift for global finance as it is the first time we are seeing a tech giant make a move into finance using crypto. We want to give people the opportunity to take a stake in it as in the past, only the private companies and individuals involved in these historic developments have benefitted from them. We want to change that. 

“eToro’s mission is to open up global markets for everyone and is the only place retail investors can get exposure to developing technologies such as the Libra Coin, via a managed and regulated investment product for free.” 

The portfolio comprises of the 13 publicly-traded companies involved in the Libra Association and as more companies join it, eToro will look to rebalance the portfolio, where possible. The minimum investment is just $2,000.

Yoni Assia added:“Our range of portfolios are about making it as easy as possible for investors to access the assets they want across a range of themes and ideas that they’re passionate about. That could be anything from renewable energy to big tech, from cyber security to the medical cannabis industry. Given the importance of…

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First wave of 120 ERC-20 tokens added to eToro wallet

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  • New tokens include two eToro stablecoins

eToroX, the blockchain subsidiary of global investment platform eToro, today announces it will add 120 ERC-20 tokens to its multi-crypto on-chain wallet.

The first 5 of the 120 tokens added to the wallet today are 3 cryptoassets: Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG) and two eToro stablecoins: eToro EuroX (EURX) and eToro US DollarX (USDX).

Doron Rosenblum, Managing Director of eToroXcomments: Adding 120 ERC-20 tokens to the eToro wallet is further evidence of our belief that one day all investable assets will be tokenized. One of the main barriers to mass adoption of cryptoassets is lack of access. Making these first 5 tokens available enables more people to transfer and hold them into a secure and regulated wallet. The next step will be adding more ERC-20 tokens to our exchange, which we plan to do in the near future.” 

ERC-20 tokens are used solely on the Ethereum blockchain network and must follow a set of rules so that they can be shared, exchanged for other cryptoassets or transferred to a crypto wallet.

The eToro wallet is a mobile application available via Google Play and the Apple App Store. It provides an easy to use customer interface and enhanced security. Multi-signature* security gives users the ability to see their on-blockchain transactions and balances without the fear of losing their private…

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ETOROX DEVELOPS CODE TO TOKENIZE ASSETS ON LIBRA BLOCKCHAIN

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Thursday 20 June 2019

Facebook’s Libra project marks a seismic moment for global finance. As the dust begins to settle after Tuesday’s announcement, both the crypto and traditional finance industry are busy grappling with the challenges and opportunities presented by Libra.

eToroX Labs Blockchain Science team, comprising Chief Blockchain Scientist Dr. Omri Ross, Peter Emil Jensen, and Johannes Rude Jensen, was quick off the mark to investigate how eToro’s tokenized assets (and the technology behind them) would work on Libra’s initial prototype, and how well it suited the existing specification.

Dr. Omri Ross, eToro’s Chief Blockchain Scientist, comments: “The prototype of the Libra blockchain – the testnet – launched on Tuesday and is in beta mode until the launch in H1 2020. We were excited to explore a test implementation of eToro’s tokenized assets on Libra in Move IR.”

By exploring Libra’s capabilities, and using Move IR (the intermediate representation of what will eventually be the final programming language), they successfully managed to implement an initial version of eToros tokenized assets on the Libra Network.

Using a previous specification targeting the Ethereum blockchain, the team wrote and executed a basic implementation for creating digital assets (tokenization capabilities) on Libra.

Top two takeaways:

  1. In Move, resources (data structure types) cannot be moved or copied — an extremely constructive and beneficial capability, especially for digital assets, since it prevents accidental duplication…
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