7 January, 2025: eToro, the trading and investing platform, announced today that it has added five new cryptoassets: Tellor (TRB), Etherfi (ETHFI), Raydium (RAY), THORChain (RUNE), and Dog Wif Hat (WIF) to its platform.
“With Bitcoin having reached the $100k milestone and major altcoins gaining significant momentum, analysts are predicting a potential ‘altcoin season’ in 2025,” said Omri Ross, Chief Blockchain Scientist at eToro. “The crypto market is once again showcasing its potential as a hub for innovation and opportunity, with altcoins driving the next wave of blockchain advancements. We continue to expand the range of cryptoassets on eToro so that our users can gain access and exposure to a wide range of assets and the groundbreaking potential of blockchain technology.”
The new cryptoassets include:
- Tellor (TRB): a decentralised oracle network built on the Ethereum blockchain that offers a secure way for smart contracts to place data on-chain;
- Etherfi (ETHFI): a decentralised finance platform built on the Ethereum blockchain that offers a suite of financial solutions;
- Raydium (RAY): a decentralised exchange built on the Solana blockchain, designed to provide users with high-speed and low-cost trading experiences;
- THORChain (RUNE): a decentralised liquidity network that facilitates cross-chain trading of cryptoassets;
- Dog Wif Hat (WIF): a meme coin launched on the Solana blockchain inspired by the popular ‘Doge’ meme, featuring a dog wearing a knitted hat.
WIF will be the newest addition to eToro’s offering of ‘experimental’ cryptoassets, a new category introduced to represent cryptoassets that show potential for innovation and disruptive technologies, often exhibiting high volatility, low liquidity, and/or strong community engagement. They include memecoins, initial coin offerings and token sales, innovative products and decentralised finance (DeFi) strategies. Other experimental cryptoassets on eToro are Toncoin (TON), Bonk Inu (BONKxM) and Pepe (PEPExM).
Since experimental cryptoassets carry higher risks, including volume liquidity, asset stability and other considerations, there are restrictions on the value of positions that users can open in these assets depending on their eToro Club tier. These limits are in place to help manage the risks associated with trading these high-volatility assets.
eToro has been offering retail clients access to the crypto markets since 2013. eToro’s users can easily buy, hold and sell the real underlying assets of over 100 crypto assets. These new cryptoassets are not currently available to users in the US, UAE, Germany and Australia.
*These coins are not available to clients in the US, UAE, Germany and Australia.
