eToro to Launch Own Crypto Wallet

At the moment, Bitcoin, Ethereum and Litecoin are supported and the wallet is available only for Platinum Club members (holders of $25k+ at eToro)
07 November 2018   2841

The eToro social investment platform introduced a cryptocurrency wallet with support for Bitcoin, Ethereum and Litecoin.

Representatives of the company say that eToro Wallet is available to all EU residents, as well as Switzerland and Gibraltar. However, in order to take advantage of the new wallet, platform users must be members of Platinum Club, that is, they must hold assets worth $ 25,000 on the platform. But the company promised to soon provide access to the eToro Wallet for a wider range of users, as well as add other coins.

We believe that crypto and the blockchain technology that underpins it will have a huge impact on global finance. Blockchain has the potential to revolutionise finance and we believe that we will see the greatest transfer of wealth ever onto the blockchain. We believe that in the future all assets will be tokenised and that crypto is just the first step on this journey. Just as eToro has opened up traditional markets for investors, we want to do the same in a tokenised world. The eToro wallet is a key part of this.

Yoni Assia

CEO, eToro

The app is already available for the Android and iOS operating systems. To use a mobile wallet, users must be verified on the platform.

$15.3M Worth Building to be Sold For BTC

House with a total area of ​​1059 sq.m. is located in the most fancy part of Manhattan's Upper East Side
11 November 2019   57

Ben Shaoul, an American real estate tycoon, sold a $ 15.3 million apartment building in Manhattan, but instead of the traditional currency, the deal was made in bitcoins. This is reported by the Cointelegraph.

House with a total area of ​​1059 sq.m. is located in the most respectable part of Manhattan's Upper East Side.

Ben Shaoul, who holds the position of president of Magnum Real Estate Group, declined to comment, but a source familiar with the details of the deal said the buyer was Affluent International LCC, a Taiwan-based company.

In addition, Eric Hedwat, a broker at Jet Real Estate, which represented the interests of Magnum Real Estate Group, described the transaction as an “exceptionally smooth process.”

Another object owned by Ben Shaoul was previously offered for sale with a payment option in bitcoins, but was eventually sold for $ 82 million in hard currency.

It is also reported that, in addition to the Magnum Real Estate Group, another company from New York accepts cryptocurrencies - Bitcoin, Ethereum and Ripple. The $ 29 million facility is also located on the Upper East Side.