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Twitter is set to introduce a new feature enabling users to buy and sell various financial assets.
Twitter will introduce a new feature allowing users to buy and sell various financial assets such as stocks and cryptocurrencies, through a partnership agreement with the financial trading and copy trading platform eToro.
This is part of Elon Musk's ambition to turn Twitter into a 'super app,' combining various tools and features into one social media platform. Essentially, it's an expansion of Twitter's existing 'cashtags' feature, which currently only supports displaying stock information and sharing data on the website.
There will be a dedicated button next to the cashtag labeled 'view on eToro.' This button will redirect users to eToro's website, allowing them to execute buying and selling actions on the platform. eToro has been using TradingView as a market data partner for some time. The new feature enables Twitter users to view real-time trading data from TradingView.
Twitter users will be able to browse market charts to explore various financial instruments and buy and sell cryptocurrencies as well as other assets through eToro.
CEO of eToro Yoni Assia describes this collaboration as a perfect match and believes this feature will bring a new group of users to Twitter.
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