Twitter gets into crypto trading with help from eToro

Right now, Twitter boss Elon Musk is looking to integrate the financial markets. In this context, the famous social media application has just signed a partnership with the fintech company eToro. The new collaboration aims to revolutionize the platform through the introduction of crypto and stock exchange options. Find out more details about Twitter’s new project.

New crypto-focused financial features for Twitter

It looks like Elon Musk has started to revolutionize the Twitter platform. Indeed, the social network of global influence is about to launch a new feature in collaboration with eToro. Function will allow users to trade cryptos and stocks from the social media platform interface.

Several trading options will be introduced on the Twitter app, according to CNBC’s report on the subject. They will offer a greater variety of financial instruments to Twitter users. To this end, an overview of the market charts will be offered to the latter in particular.

Twitter users will also have the ability to view real-time trading data from the TradingView platform. To do this, the social network has planned to expand its function ” cashtags “. Users can also sell or buy crypto and other assets using eToro.

Finally, they will be able to access the new financial functionalities via a tab entitled “view on eToro“. The latter redirects users to the fintech eToro trading platform.

A service that will attract a new audience on Twitter

The partnership with fintech eToro is Twitter’s first notable deal since Elon Musk became boss. Yoni Assia, CEO of eToro, made a statement about the new collaboration. He has indicated that it is perfect and adequate to successfully attract a new audience to the social network.

Moreover, according to Assia, financial Twitter is now a real trend. Also, the platform has played a key role in boosting retail trading in 2021. Assia pointed out that searches for “cashtagshave multiplied by the millions.

During a recent interview, Musk said he would like Twitter to become “the largest financial institution in the world“. Also, a while back, he talked about creating a cool app called X that would be based on Twitter. The social network would thus offer a complete ecosystem bringing together several online services in a single interface.

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