eToro Adds Five New Cryptoassets to Its Platform, Including Tellor (TRB), Etherfi (ETHFI), Raydium (RAY), THORChain (RUNE), and Dog Wif Hat (WIF)

Trading and investing platform eToro has announced the addition of five new cryptoassets to its platform: Tellor (TRB), Etherfi (ETHFI), Raydium (RAY), THORChain (RUNE), and Dog Wif Hat (WIF).

The new cryptoassets will be available for trading on eToro’s platform from 7 January, 2025.

Commenting on the addition of the new cryptoassets, Omri Ross, Chief Blockchain Scientist at eToro, said: “We continue to expand the range of cryptoassets on eToro so that our users can gain access and exposure to a wide range of assets and the groundbreaking potential of blockchain technology.”

“With Bitcoin having reached the $100k milestone and major altcoins gaining significant momentum, analysts are predicting a potential ‘altcoin season’ in 2025. The crypto market is once again showcasing its potential as a hub for innovation and opportunity, with altcoins driving the next wave of blockchain advancements.”

WIF will be the newest addition to eToro’s offering of ‘experimental’ cryptoassets, a new category introduced in 2024 to represent cryptoassets that show potential for innovation and disruptive technologies, often exhibiting high volatility, low liquidity, and/or strong community engagement.

They include memecoins, initial coin offerings and token sales, innovative products and decentralised finance (DeFi) strategies. Other experimental cryptoassets on eToro are Toncoin (TON), Bonk Inu (BONKxM) and Pepe (PEPExM).

Due to the higher risks associated with experimental cryptoassets, including volume liquidity, asset stability and other considerations, there will be restrictions on the value of positions that users can open in these assets.

The limits will vary depending on a user’s eToro Club tier, and are in place to help manage the risks associated with trading these high-volatility assets.

eToro has been offering retail clients access to the crypto markets since 2013. eToro’s users can easily buy, hold and sell the real underlying assets of over 100 crypto assets.

The new cryptoassets are not currently available to users in the US, UAE, Germany and Australia.

*These coins are not available to clients in the US, UAE, Germany and Australia.