eToro Signs Advertisement Deals with Seven Premier League Teams

Shortly after adding IOTA to its platform, eToro has unveiled a flurry of partnerships with seven premier league teams.

This exciting partnership will help bring awareness to Bitcoin and other cryptocurrencies via football fans.

In addition to the advertising deal, the aforementioned teams have also agreed to create wallets for future Bitcoin payments.

While the partnership payments were sent in Bitcoin, the new partners plan to use the underlying blockchain technology to assist in authentic merchandise detection and ticket scalping in the future.

Previously, eToro only allowed fiat deposits to purchase cryptocurrencies at their going rate on the platform.

The platform provided tools for the cryptocurrencies to be traded with no withdrawals.

eToro also recently added deposits and real trading of cryptocurrencies such as Bitcoin, Litecoin, Ripple, and Stellar Lumens.

While eToro is not currently available for U.S. users, there is a waitlist for users to register in advance.

eToro continues to make major moves improving its position as a top cryptocurrency business.

While it's not clear if these teams plan to hold onto the received Bitcoin, this partnership is a fantastic step for the worldwide adoption of cryptocurrency.