Articles

Twitter has partnered with social trading company eToro

by Enda Trading Trader and YouTuber from Ireland.

Twitter has partnered with social trading company eToro to allow users to buy and sell stocks, cryptocurrencies, and other financial assets. The partnership will expand Twitter's "cashtags" feature, which currently allows users to view real-time trading data from TradingView on index funds like the S&P 500 and shares of some companies such as Tesla. With the eToro partnership, Twitter cashtags will cover far more instruments and asset classes. Users will also be able to click a button that says "view on eToro," which takes them through to eToro's site, and then buy and sell assets on its trading platform. EToro uses TradingView as its market data partner.

Yoni Assia, eToro's CEO, said, "As we’ve grown over the past three years immensely, we’ve seen more and more of our users interact on Twitter [and] educate themselves about the markets...We believe this partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro."

Assia added that "Fintwit," or financial twitter, has become a popular trend on the app, which many people use to find breaking news and updates on stocks and other assets. Twitter was a key platform involved in the boom in retail trading in 2021.

Musk has made it his mission to turn Twitter into a "super app," offering users a range of services such as instant messaging, banking, and travel. Earlier this week, Musk changed the corporate name of Twitter to X Corp after merging with a shell company with that name, according to a court filing, highlighting his ambition to turn the firm into a super app.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs and neither does it represent or assume any responsibility for the accuracy or completeness of the content of this publication, prepared by What is Bitcoin, as a partner, using information available and public and not specific to the eToro entity.


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About Enda Trading Advanced   Trader and YouTuber from Ireland.

36 connections, 1 recommendations, 129 honor points.
Joined APSense since, July 27th, 2022, From Cavan, Ireland.

Created on Apr 15th 2023 02:31. Viewed 186 times.

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