Twitter investment platform to offer a streamlined process for crypto and stock trading eToro partnered with.
new partnership, twitter It will allow its users to view real-time prices for an expanded list of stocks, commodities, exchange-traded funds (ETFs) and crypto assets via the social media company’s “$Cashtags” feature, and according to a recent press release, they can immediately access the eToro platform to trade. they can click.
Twitter first rolled out $Cashtags in December. Since then, an average of $4.7 million Cashtag searches have been made per day. The most popular $Cashtag so far is $TSLA (Tesla), while $BTC (Bitcoin) is also in the top five.
Twitter witnessed a total of 498 million tweets related to business and finance in the first 90 days of 2023.
Says Yoni Assia, CEO and co-founder of eToro.
“Financial content on social media has provided education to many who feel excluded by more traditional channels. Twitter has become an important part of the individual investment community. This is where millions of ordinary investors go every day to access financial news, share information and chat.”
Twitter launched earlier this month after the social media giant’s famous owner, Elon Musk, replaced the company’s icon with the Dogecoin (DOGE) logo. crypto- made a splash in the world.
As reported by Koinfinans.com, DOGE increased more than 30% above the $0.0100 level. But it lost most of those gains when Musk reverted Twitter’s logo to the iconic blue bird a few days later.