Danjuma
Microblogging platform Twitter has partnered with eToro, a multiasset investment company that focuses on providing financial services, to enable users to trade stock, as Musk pushes the platform into an everything app.
Starting on Thursday, April 13, a new feature was unveiled on Twitter that allows users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro.
Currently, it is possible for Twitter users to view realtime trading data from TradingView on index funds like the SampP 500 and shares of some companies such as Tesla.
This can be done using Twitters cashtags feature, where users can search for a ticker symbol and insert a dollar sign in front of it, after which the app will show them price information from TradingView using an API (application programming interface).
This feature was first introduced by Twitter in December, letting users search for a ticker or coin symbol like TSLA, APPL, or ETH to get prices directly in search results.
Speaking on its partnership with Twitter, eToro CEO Yoni Assia said, As weve grown over the past three years immensely, weve seen more and more of our users interact on Twitter and educate themselves about the markets.
We believe this partnership will enable us to reach those new audiences and connect better the brands of Twitter and eToro.
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The company via a Tweet wrote,
Very excited to be launching a new Cashtags partnership with Twitter which will enable Twitter users to see realtime prices for a much wider range of stocks, crypto amp other assets as well as having the option to invest through eToro.
Investors King understands that Twitters recent partnership with eToro goes beyond just displaying information on the prices of assets.
If a user searches for any stock on Twitter, he or she will see a button saying View on eToro, which will automatically redirect to the site.
Twitters partnership with eToro is a step closer for Elon Musk who intends to turn the platform into a Super App.