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eToro Brings the World To Bitcoin, Launches A New Crypto Exchange and 8 Stablecoins

eToro is a Cyprus based social trading and multi-asset brokerage company that announced on Tuesday that will launch a new digital crypto exchange, eTorox.

The Exchange will also be including eight new stable coins that will be backed by the FIAT currencies of the countries. eToro is promoting the feasibility of trades in cryptocurrency by providing local FIAT pegged cryptocurrencies.

The CEO of eToro, Yoni Assia announced at the Paris Blockchain Week on 16th April 2019:

“We’re launching cryptoasset exchange!” he also added that “we’re starting a process to tokenize the world.”

eToroX Aspires to Become a Global Exchange 

eTorox introduces stablecoin that is pegged to Gold, Oil, and currencies of Japan, the UK, China, Australia, New Zealand, and the US dollar. The stablecoins of the eTorox Exchange are symbols suffixed to the country abbreviation like AUDX (Australian Dollar), NZDX (New Zealand), CHFX (China), and GBPX (Great Britain Pound).

The eTorox Exchange is live and…

Read Full Story : Coingape

2019-04-16 14:33:12

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