Twitter enables stock and crypto trading with eToro

eToro has partnered with Elon Musk-led Twitter to enable users to access real-time prices of cryptocurrencies, stocks, and other assets and trade them. This data will be available through Twitter’s Cashtags feature, which allows users to interact with content around an asset by inserting a dollar sign in front of the ticker.

eToro is a social trading and investment platform that allows users to trade and invest in a variety of financial assets, including stocks, cryptocurrencies, commodities, and more, while also connecting with other traders and investors to share knowledge and strategies. 

The CEO of Twitter hinted in Q4, 2022 that Twitter was going to introduce Cashtags with data from TradingView as one of its future product developments. 

Twitter users can now access real-time trading data from TradingView on certain assets, such as the S&P 500 index and Tesla shares. They can also invest through eToro’s platform, with an added option to invest.

Twitter and crypto advancement

Four months ago, Twitter added a live chart for Bitcoin and Ether. According to the company, the feature will help propagate crypto and allow users on Twitter to access live information about cryptocurrencies.

Another feature added by the social media giant to support the development of crypto is the signs displayed when #Bitcoin or #Binance is tweeted on the platform. Elon Musk has been a huge fan of crypto and has shown a strong affinity, especially for Dogecoin, the meme coin linked to him.

For three days, between April 3, 2023, and April 6, 2023, Twitter changed its desktop logo to Dogecoin. The effect was a spike in the price of the cryptocurrency. From all indications, there are expectations that more tools and features will be added to the social media site that supports finance, especially crypto.

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