Multi-active investment platform and eToro social network allegedly plans to launch a debit card in the second quarter of 2020.
On 9 December, Business Insider announced that 12 million users of the British digital asset trading platform will be able to spend their earnings using a debit card, which is planned to be launched in the second quarter of next year.
The service is to be launched in the United Kingdom. However, other details about the planned launch of the debit card remain unclear.
In September, eToro quoted a study on generational investment conducted between 18 July and 31 July among 1000 internet investors in the United States, which suggested that 40% of millenials would prefer to invest in cryptographic assets in case of recession.
In November eToro bought the Delta application, which was reportedly worth about 5 million dollars. The application tracks 6,000 different cryptographic currencies and tokens on 180 exchanges and will be integrated with the eToroX platform, which will allow users to trade from the application level.
