By adding this coins support, company hopes to simplify the process of buying cryptos, and help bring the technology into the mainstream. This is reported by the Crypto Coin News.
— eToro (@eToro) 8 сентября 2017 г.
The decision came as a result of increased demand for cryptocurrency trade, which has quadrupled over the past 12 months. In the last quarter, the amount of crypto-currency transactions on the platform exceeded $ 1 billion.
Cryptocurrencies have come of age over the last year, but buying and owning the underlying crypto asset is still very difficult. At eToro, we’ve already simplified the worlds of trading and investing, and now we have an opportunity to use our experience and expertise to simplify cryptocurrencies.
Co-founder and CEO, eToro
The decision to add a basic asset to eToro was supported by many well-known figures in the crypto industry.
By making Litecoin available on a safe, simple, and secure platform, eToro will help increase the adoption of Litecoin among a wider audience.
Creator of Litecoin