According to the Financial Standard, eToro expanded its cryptocurrency services in Australia yesterday, bringing the total number of cryptocurrencies available to its customers to 36.
Customer access to an additional 15 digital assets on the popular platform has been expanded to Australians, including cryptocurrencies such as Solana (SOL), Shiba Inu (SHIB), Dogecoin (DOGE) and Polkadot (DOT). Thus, Australian investors now have more alternatives to diversify their portfolios.
Stake Service Will Also Be Offered
The platform also announced that it will also offer monthly crypto staking rewards using the private staking service that allows Australian users to earn on investments in Cardano (ADA) and TRON (TRX) through the platform from 1 November.
In addition, the firm has confirmed that cryptocurrency transfers to eToro Wallet, an online cryptocurrency wallet where customers can store digital currencies, will be made available in the near future. Details on this will be given in the coming weeks.
Robert Francis, Managing Director of eToro Australia, said:
“eToro has been a pioneer in the crypto markets and we are excited to see more Australians step into this emerging asset class. ”
