Crypto enthusiasts trading on eToro have started adding to their crypto wallets even as the market continues to go down. BTC has been suffering a major blowback in the past week which has seen it drop its value by as much as twenty-four percent. However, it is important to note that all the other coins have been suffering the same fate, apart from XRP.
A recent report released by Mati Greenspan, a senior analyst working with eToro indicates that many investors have chosen to shore up their digital wallets. According to the analyst based in Israel, many crypto enthusiasts have taken up an opportunity to continue buying tokens in the hope that the prices will rise very soon.
Mati’s tweets since November 14th indicate that more and more crypto enthusiasts are shoring up their digital wallets in the hope of an upsurge in the coming days. It is crucial to note that crypto enthusiasts trading on the eToro application are not in control of their funds. The funds are leveraged by the application which is in control of everything.
The firm announced that it would be releasing an e-wallet which would come with an easy to use user interface as well as a significantly improved security signature. During the release, the firm announced that the e-wallet would support BTC, BCH, LTC, and ETH.