Twitter seemingly to be gearing towards being some sort of super app. Very interesting development compared to what eToro did.
eToro: investing/trading app that added a social media aspect
Twitter: a social media app that added investing/trading
Twitter in itself right now is pretty buggy though — not sure if implementing investing/trading is the best move to make right now.
Topic: Twitter will enable crypto and stock trading via eToro partnership - page 3. (Read 348 times)
April 13, 2023, 05:14:55 AM
April 13, 2023, 05:03:24 AM
As the title says, Twitter partnered with eToro and starting tomorrow (April 14th) users will be able to trade crypto and stocks directly on the platform.
Quote from: https://watcher.guru/news/twitter-to-enable-crypto-stock-trading-after-etoro-partnership
Twitter users will soon be able to trade stocks, crypto, and other assets directly via the social media platform, thanks to a partnership with eToro. According to a CNBC report, the new feature will roll out on the Twitter application on Thursday, April 14.
It is interesting to note that Twitter’s owner, Elon Musk, began his quest to acquire the social media platform on April 14, 2022. A year later he is rolling out one of the biggest updates in the platform’s history. Twitter currently has a “cashtag” feature that allows users to view real-time trading data from various platforms. However, with the Twitter-eToro partnership, the “cashtag” feature will expand to include more instruments and asset classes, including trading crypto. The social media platform will also have a “View on eToro” button, which will take users to the eToro site.
eToro CEO, Yoni Assia told CNBC that they see a lot of their users interacting on Twitter and educating themselves about the market. Assia further added that Twitter has high-quality, real-time content about financial happenings around the world. Assia stated,
“This partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro.”
It is interesting to note that Twitter’s owner, Elon Musk, began his quest to acquire the social media platform on April 14, 2022. A year later he is rolling out one of the biggest updates in the platform’s history. Twitter currently has a “cashtag” feature that allows users to view real-time trading data from various platforms. However, with the Twitter-eToro partnership, the “cashtag” feature will expand to include more instruments and asset classes, including trading crypto. The social media platform will also have a “View on eToro” button, which will take users to the eToro site.
eToro CEO, Yoni Assia told CNBC that they see a lot of their users interacting on Twitter and educating themselves about the market. Assia further added that Twitter has high-quality, real-time content about financial happenings around the world. Assia stated,
“This partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro.”
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