Earn Big with eToro: Trade Crypto on Twitter Now!
According to recent news, Twitter collaborated with Etoro, a social trading company. This will allow microblogging platform users to invest in cryptocurrency and other assets.
Moreover, this move is a step toward Elon Musk’s mission of providing Financial and other services and turning social media into a “super app”.
Key Takeaways:
- Etoro and Twitter have teamed up, allowing users to invest in cryptocurrency and stocks.
- The “$cashtags” feature enables users to access real-time data on shares and index funds.
- A “view on Etoro” button was added for asset trading through Etoro’s website.
- Yoni Assia hopes to link Etoro and Twitter brands to reach a wider audience.
- Elon Musk wants to turn Twitter into a “super app” that offers banking and financial services.
On Thursday, Etoro, an Israel headquartered investment platform, announced on Twitter its new trading with the social media platform. This platform also offers many asset market charts, and many buy and sell cryptocurrencies and stocks.
In December 2022, Musk initiated the “$cashtags” feature of Twitter. This feature provides the shares and some index fund real-time data.
Etoro said to CNBC that users are now familiar with the information regarding the expanded range of financial instruments because of the new collaboration.
Firstly, they have to find the ticker symbol to access the data and then put in the dollar sign so that an app from the trading view prompts the display of price information.
Bitcoin News announced on Twitter that the collaboration of Twitter and Etoro enables microblogging users to invest in cryptocurrency and other assets.
Moreover, a new button, “view on Etoro,” is added. This button allowed asset trading through their website.
In October 2022, Elon Musk, an entrepreneur, brought Twitter for $44 billion. The new chief Executive and the owner made several organizational changes after the takeover. These changes involved providing the verified owner with subscription-based plans and firing thousands of employees.
Moreover, it is worth noting that this collaboration with Etoro shows the development of Business in the newest chapter of the history of Twitter.
Elon Musk also changed the spook advertisers and moderation standard of content. “Almost all” are come back, investors insisted this week.
Mhd Musthafa announced on Twitter that the partnership between Twitter and Etoro Enables the trading of assets. It is very beneficial to connect with the audience through this move.
In an interview with CNBC, the CEO of Etoro, Yoni Assia, said we are very happy with the convergence of social media and Finance. The online Brokerage head said we could link Etoro and Twitter brands and reach those audiences through this collaboration.
In 2007, Etoro was developed in Tel Aviv. Assia indicated that across U.S., Europe, and Asia, 32 million registered users of Etoro are present. The investors copy the other users’ trading strategies through a function that is the most popular feature of Etoro.
Twitter turned into a “super app” that offers many services; also, it is one of its objectives of Elon Musk.
According to the report, Elon Musk wants to turn Twitter into a “super app”. This offers many services like banking and instant messaging. Moreover, he said at a Morgan Stanley conference that he wants Twitter to become “the world’s best financial institution”.