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eToroX

eToroX

eToroX is a cryptocurrency exchange and tokenization platform, founded by Yoni Assia

eToroX is a cryptocurrency exchange and tokenization platform. The multi-crypto exchange and on-chain wallet became available in November 2018, and was founded by Yoni Assia.



The crypto-exchange works for users looking to trade Bitcoin, Ethereum, Litecoin, and Ripple. eToroX offers tokenization of assets through its Token Management Suite. eToroX offers tokenization with a stablecoin, which is a financial asset like the US dollar or gold, connected to a cryptocurrency. The idea behind connecting Bitcoin to the US dollar is to allow for global transfers and to allow for users to pay for daily purchases.



The wallet from eToroX uses an actual market rate that is determined by eToroX, and Simplex approves the transaction which cannot be canceled after approval. Blockchain fees are deducted from the crypto purchases, and bank fees must be dealt with through user banks. There is no fee for sending or receiving transactions, however there is a conversion fee with transactions between cryptos. To create a wallet, the cost is 45 XRP.

Timeline

People

Name
Role
LinkedIn

Yoni Assia

Founder, CEO



Further reading

Title
Author
Link
Type
Date

Cryptocurrency, Blockchain & Bitcoin News - BitcoinExchangeGuide.com



Web



eToroX Digital Asset Platform - Crypto Exchange, Wallet & eTokens



Web



Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services

eToroX

Yoni Assia



Cryptocurrency Wallet

References