eToro is a global investment platform with more than ten million registered users, added IOTA, bringing the total amount of cryptocurrency available on the platform, reached twelve.
IOTA is committed to providing companies the opportunity to explore and discover new horizons for doing business, making every technological resource potential service that will be sold on the open market in real-time, without any commissions.
Unlike most cryptocurrency platform IOTA does not use the blockchain. Instead, it is supported by a continuously variable technology, which the creators called “Tangle”. IOTA was designed to conduct microtransactions between devices of the Internet of Things (IoT, Internet of Things) . In comparison with bloccano in which microtransactions are processed as long as a normal transaction, IOTA with Tangle allows to accelerate the process and avoid fees for them.
The addition of IOTA due to the fact that investors prefer to diversify their cryptocurrency portfolio, looking for new opportunities. Now it will be available on the eToro platform along with Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, EOS, Cardano and NEO.
Yoni, Assia, co-founder and CEO of eToro, said the addition of IOTA on the platform:
“At eToro we believe in diversification and we seek to analyze crypto currencies on our platform, so that users have the opportunity to invest”
“Today, billions of devices rely on Internet of Things, and that number is growing exponentially — millions of new ones added every week, because things on the planet become more and more connected. IOTA aims to become the “magazine only” allowing devices equipped with sensors, to interact with each other”.