Twitter and eToro collaborate to allow users to trade stocks and cryptocurrencies on the platform.

The cooperation with eToro and these new stock trading possibilities support Twitter CEO Elon Musk’s goals of making Twitter “the biggest financial institution in the world.”
As CEO Elon Musk teams up with social trading platform “eToro,” Twitter, which has long been known for giving the most recent information and keeping users up to current on trends, will soon turn into a trading platform for stocks and cryptocurrencies.

Users of Twitter will be able to access and trade stocks, cryptocurrencies, and all other financial assets offered by eToro through their Twitter accounts following a significant updating period.

These users will be able to browse market charts for a variety of other financial instruments in addition to trading precious stocks and crypto, making Twitter the ideal platform for any stock or crypto trader.

The Twitter ‘cashtags’ tool, which is a service supported by a TradingView API, already allows users to monitor market charts and prices for financial products.

But at the moment, this Cashtag function only shows charts for a small selection of firms and financial products. With the eToro agreement, this has changed because it adds numerous additional instruments and asset classes to the site.

Additionally, Twitter has placed a “view on eToro” icon next to all of its financial charts. People can buy or sell their assets by clicking on this button, which directs them to the official eToro website.

According to eToro CEO Yoni Assia, “as we’ve grown tremendously over the past three years, we’ve seen more and more of our users interact on Twitter and educate themselves about the markets.”

“There is very high quality, real-time content available on financial analyses of businesses and global events. We think that by working together, we will be able to connect Twitter and eToro’s two brands more effectively.

 

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