eToro adds SushiSwap, Chiliz, Axie Infinity and Quant to crypto offering

SushiSwap (SUSHI) is a community-driven organisation built to solve liquidity problems. It works

double-time as a governance token and a crypto exchange. SUSHI enables investors to invest

in liquidity pools to make exchanging crypto easier and make it more accessible for members of

the community. The smart contracts enabled by SUSHI investors take the middleman, i.e.

administrator, out of transactions. SUSHI holders can also earn rewards by contributing to the

liquidity pools.

Chiliz ($CHZ) is a digital currency for sports and entertainment, used by fans of the worlds

biggest sports teams. Sports fans can invest their $CHZ tokens in special betting pools and

earn rewards based on the placement of their favorite live sporting events.

Axie Infinity (AXS) is a Pokemon-inspired blockchain video-game. Combining NFTs and crypto,

Axie Infinity is changing the way people game and invest. Players can earn tokens through

skilled gameplay and token holders can help shape the in-game universe and govern how the

platform operates.

Quant (QNT) is bridging the gap and making applications easier to run across multiple servers

and different blockchains. QNT helps investors utilize special programs that run on the Quant

network, regardless of server location. Investors should note though that this is a hard-capped

crypto, so theres only a limited supply of QNT to go around.

Crypto has recently reached a new milestone of over $3 trillion in market capitalisation. This

milestone underscores the positive outlook of investors as institutional players enter the market

through new instruments such as futures ETFs. Whilst bitcoin and ether make up around 60% of

the market, were seeing growing demand for smaller tokens. said Doron Rosenblum, VP of

Business Solutions at eToro. We will continue to grow our crypto offering to enable users to

diversify their portfolios with a broad range of cryptoassets.

As always, we urge investors to do their research. All cryptoassets have whitepapers which

detail their use case. We strongly encourage our users to be cautious and remember that when

investing, it is wise to diversify and only invest in markets and instruments with which you are

familiar.

eToro has been offering retail clients access to the crypto markets since 2013. eToros users can

easily buy, hold and sell the real underlying assets of SushiSwap (SUSHI), Chiliz ($CHZ), Axie

Infinity (AXS) and Quant (QNT) on its investment platform, using fiat currency.

These are the latest coins to join eToros cryptoasset range following the addition of Cosmos

(ATOM), The Graph (GRT), Curve (CRV), 1inch (1INCH) and Solana (SOL) in October, Filecoin

(FIL) and Polkadot (DOT) in September, as well as Enjin (ENJ), Maker (MKR) and Shiba Inu

(represented on eToro as SHIBxM) in July, and Chainlink (LINK), Dogecoin (DOGE), Uniswap

(UNI), Aave (AAVE), Compound (COMP), Yearn.Finance (YFI), Decentraland, Algorand,

Polygon, and Basic Attention Token earlier in 2021. For now, these four tokens will not be

available to US users.