eToro Partners with Twitter to Expand Access to Additional Assets

May 10, 2023

Twitter has joined forces with eToro, a social trading provider, to allow users to access various trading instruments, such as cryptocurrencies and stocks, using the $Cashtags feature.

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Under Elon Musk's leadership, Twitter has entered into an exciting partnership with eToro, a renowned social trading brokerage aiming to revolutionize how users access and trade a diverse array of assets.

Through this strategic collaboration, Twitter users can now leverage the power of eToro's cutting-edge financial trading tools, allowing them to explore and invest in a broad spectrum of financial instruments, including cryptocurrencies, stocks, and more, using the innovative $Cashtags feature.

The $Cashtags feature represents a significant leap in the financial capabilities of the Twitter platform, offering users an engaging and comprehensive ecosystem for making informed investment decisions.

This revolutionary feature allows users to access real-time price data, charts, and other essential trading information for various financial instruments. From traditional stocks and exchange-traded funds (ETFs) to the dynamic world of cryptocurrencies and commodities, the $Cashtags feature has it.

This partnership is even more remarkable because it reflects Twitter's ambition to become a leading financial information and trading destination.

Elon Musk's acquisition of Twitter for a staggering $44 billion in the preceding year has undoubtedly brought renewed vigor to the platform, and this venture with eToro is a testament to that. With a formidable leader and visionary outlook, Twitter is set to become a potent financial information and trading player.

Twitter's introduction of price data for $cashtags in December 2022 was just the beginning. Since early 2023, users have shown a keen interest in this innovative feature, conducting over 420 million $cashtag searches. This surge in user engagement, averaging approximately 4.7 million daily searches, underscores the growing demand for easy access to financial information and trading tools within the Twitter ecosystem.

See Also: eToro Review

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One of the pioneers in social investing, eToro is the world's largest provider of commission-free social trading platforms. This broker provides 3000+ trading instruments and is regulated in Australia and the UK. More

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