New cryptoassets now available on eToro
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Algorand, Basic Attention Token and Polygon are now available on the eToro investment platform, bringing the total number of eToro cryptocurrencies to 26*
Polygon (MATIC): Previously known as Matic Network, Polygon is an easy-to-use platform for Ethereum scaling and infrastructure development, which seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Polygon effectively transforms Ethereum into a fully-fledged multi-chain system (aka the Internet of Blockchains), utilizing Ethereum’s security, ecosystem and openness.
Algorand (ALGO): ALGO is the world’s first pure proof-of-stake crypto. It allows a single ALGO to become a node within the blockchain and does not require any forking. Investors are able to execute transactions almost automatically due to self-validating transactions of ALGO. Investors also get the benefit of staking and earning rewards by HODLing onto their ALGO.
Basic Attention Token (BAT): BAT is changing digital advertising and giving the power back to the users. Brave has developed a way to change advertising and protect user’s security, while awarding them with crypto. BAT (Basic Attention Token) is a special incentive cryptoasset that advertisers and users can earn just by opting-in while using the Brave web browser. This token also helps quantify and then personalize all ad content to create a more personalized browsing experience for investors in the token.
These latest tokens are added on eToro after the addition of some coins such as Chainlink, Dogecoin, Uniswap, Aave, Compound, Yearn.Finance, and Decentraland before.
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