eToro begins to offer the option of trading exotic pair USD/CZK. Currently, the asset is not yet available for US clients.
eToro is expanding its Forex offering by adding USD/CZK to its range of trading instruments. USD/CZK is the currency pair that determines how many Czech koruna to buy 1 United States dollar. The Czech Koruna is the official currency of the Czech Republic, one of the members of the European Union that have not yet adopted the Euro. As of now, USD/CZK is being traded at 22,57185. Unfortunately, this asset is not yet available to the broker's US clients.
In addition to forex, eToro is also expanding its cryptocurrency offering. In February, the broker added several new tokens, including Avalanche and Hedera Hashgraph.
In March, the company incorporated Theta and Fantom into its crypto lineup. The launch of THETA and FTM brings the total number of crypto assets available on eToro to 57. Theta is a decentralized video delivery network that aims to become a critical media infrastructure for the metaverse. THETA is the governance token of Theta Network to reward nodes for successfully securing the blockchain.
Fantom is a scalable smart contract platform based on a unique consensus mechanism called Lachesis. Whereas FTM is the original asset of the Fantom blockchain and is used to pay network fees, secure the network through staking, and vote on governance proposals.