eToro Adds Four New Cryptoassets to its Offering

​Fazzaco learned that eToro, the world’s leading social trading and Investment network, has added four new cryptoassets to its investment platform. The latest addition is a part of the company's ongoing commitment to offer all its users a broad variety of cryptoassets. 

According to the official press release, Aave(AAVE), Compound(COMP), Yearn.Finance(YFI) and Decentraland(MANA) are now available on the platform for digital asset traders, taking the total number of cryptoassets on eToro to 23(20 for US-based clients).

AAVE holds a market cap of over $5.3 billion, and COMP’s market cap stands at $4 billion. The other two newly added coins, Yearn.Finance (YFI) and Decentraland (MANA) have market caps of $2.1bn and $1.3bn respectively.

As Fazzaco reported earlier, eToro has implemented temporary maximum exposure limits for clients holding CFD crypto positions in certain countries​ due to what it sees as extremely high volatility in crypto markets. The new valuation limits for crypto CFDs are: $3,000 per cryptoasset for BTC, ADA, ETH, and XRP $500 per cryptoasset for all other tokens.