eToro Adds Shiba Inu to Its Offering

Fazzaco learned that eToro, an Israeli social trading and multi-asset brokerage company, has added cryptoasset Shiba Inu (SHIB) to its offering.

Wanna Know How to Reach Our Audience of Millions at Fazzaco?​

Unlike $BTC's limited supply, SHIB has a circulating supply of one quadrillion, and it is represented on eToro as "Shiba (in millions)", which is a "lot" of one million Shiba Inu units. By providing Shiba Inu as "Shiba (in millions)", eToro offers users a clearer understanding of the pricing in a regular, two-decimal-point format.

Just as with any other cryptoasset on eToro, users can invest in the amount of their choosing, at or above the minimum required for an investment. Currently, the minimum investment size for cryptos on eToro is $25. 

Shiba Inu will not be included in any CopyPortfolios at launch. The eToro investment team rebalances eToro's portfolios at regular intervals and some or all of these tokens could be added to any one of eToro's portfolios which include crypto, if deemed appropriate.

Withdrawing cryptoassets from the eToro platform to the eToro Money wallet is a process called 'transfer'. Currently, it is NOT possible to transfer $SHIBxM from the eToro platform to the eToro money wallet.