More

    Etoro Looking To Launch Its Own Debit Card and Expand Its Services in 2020

    eToro, the popular trading platforms which allow users to trade traditional shares as well as crypto assets is planning to launch their debit card services in 2020. The trading platform is also looking to expand their service base in the United States, Hong Kong and Africa.

    Although the rumours of a possible debit card launch have been riffed for quite some time now, but in a recent interview eToro’s CEO confirmed that the company will be launching its debit card services this year.

    Yoni Assia, CEO and co-founder of eToro in a recent interview confirmed the company’s plan on debit card and said,

    “the card will expand the financial services that we currently provide to customers from over 100 countries around the world.”

    Assia believed that the debit card service would help in crypto adoption as well as enhance the customer experience for its 12 million users. The CEO noted that the introduction of the Debit card would allow users to manage and spend their funds better.

    Assia also believed the move would help them become the trading platform of choice as their platform is only among the very few which offers trading services for traditional shares and asset classes along with cryptocurrencies.

    The firm is also planning to expand its services in the countries where it has a working base in and the target countries include the United States, Hong Kong and Africa. The firm’s CEO noted,

    “Today, we offer US customers only trading in cryptocurrencies, but in the future, we’ll expand our activity there to trading in shares. In addition to the 42 US states in which we’re active, we’re planning to expand to other states, including New York.”

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,261FansLike
    2,721FollowersFollow
    4,101FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Vitalik Buterin ‘Highly Applauds' Bitcoin Cash Mining Cartel’s Proposal To Soft Fork BCH

    Roger Ver, Antpool’s Jihan Wu, BTC.Top’s Jang Zhuoer and Haip Yang of ViaBTC agree on BCH funding plan Although redirecting BCH coinbase rewards...

    Hacker Noon To Embed Blockchain Tech Into Its Blog, Allowing More Interactions With Readers

    Hacker Noon, a knowledge website, announced they will launch on a blockchain, shortly after leaving Medium for calls of centralization. The official announcement from...

    US Finance Giant Bottomline Testing Ripple’s Disruptive Technology

    Bottomline Technologies processes trillion dollars in payments every year and operates in 92 countries The idea is to update the company's software mode...

    SEC Strikes Against Yet Another Unregistered ICO to Recover $147,000 ‘Ill-Gotten' Gains

    In January, U.S. SEC has gone after 3 Initial Coin Offerings (ICO) SEC files complaint against Opporty and its sole owner Sergii Grybniak...

    Payment Provider Square Wins US Patent For Real-Time Crypto-To-Fiat Automatic Swaps

    Square has been awarded a patent for a payment network that will allow individuals holding various types of of assets to transact with each...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.