Market News- Twitter enables crypto and stock buying and selling with eToro.
- Twitter already includes a cashtag feature.
The prominent microblogging site Twitter rolls out additional features that support stocks and crypto buying and selling together with eToro. The brand new function will launch around the Twitter application on Thursday, April 14, based on a CNBC report. Users can trade options, crypto, along with other assets directly through the social networking platform.
Tesla Chief executive officer Elon Musk acquired Twitter to have an eye-watering $44 billion. A couple of several weeks later, Musk claimed the platform was just worth 50% of the items he compensated for this. Also lately, he mentioned that owning Twitter is “quite painful.”
Presently, Twitter has a “cashtag” feature that allows TradingView’s real-time buying and selling data for index funds such as the S&P 500 and a few stocks, including Tesla. Users can look for the stock with this ticker symbol on Twitter with the addition of $ 1 sign before it. The application will display cost information from TradingView utilizing an API.
However, with the Twitter-eToro partnership, the “cashtag” feature will grow to incorporate more tools and asset classes, including cryptocurrency buying and selling. Also, Twitter would direct users towards the eToro website.
