eToro Adds IOTA (MIOTA) to Its Crypto Trading Platform

eToro, an Israeli-based social trading and multi-asset brokerage company, has revealed that IOTA (MIOTA) is now available on its platform.

We are pleased to inform you that our selection of cryptocurrencies is continuing to expand, and IOTA is now LIVE on eToro. #newasset #cryptocurrency #IOTA

— eToro (@eToro) August 20, 2018 eToro has also published an official blog post that outlines IOTA for consumers unfamiliar with the platform. In the post, eToro explains that “IOTA is a platform designed for enabling fast communication and transactions for IoT platforms.” Furthermore, eToro argues that as more household items become connected, the need for a reliant protocol will be necessary to mediate between devices. “For example, in the near future, a smart fridge could ‘sense’ that you are running low on orange juice and autonomously order more from your grocery store. This scenario requires a platform that could both relay

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