Many cryptocurrency enthusiasts enjoy using the eToro exchange to buy bitcoin and other cryptocurrencies. Learn these few steps to easily buy bitcoins on eToro. Of course you can also click on the following video tutorial link: how to buy bitcoin on etoro (video tutorial)
How to buy bitcoin on eToro
Here’s a quick guide on how to buy bitcoin on eToro. Here are three simple steps to buy bitcoin from broker eToro.
Step 1: Register for an eToro account
Go to the official eToro registration and upload basic information such as photo ID and proof of address, then wait for verification via email
Step 2: Deposit money
Start depositing money to your account by tying in a payment method such as PayPal, credit card, etc. You must deposit a minimum of $10 to trade.
Step 3: Buying Bitcoins on eToro
Search for Bitcoin or BTC at the top of the eToro page and click on “Trade” to buy.
Why buy bitcoins on eToro?
Low fees: Compared to other trading platforms, eToro does not charge commissions or other additional fees.
Demo trading: Before you start buying on eToro. You can use the virtual portfolio feature to improve your trading and reduce the risk of your investment.
Raise awareness: eToro offers social features where investors can ask questions and learn about other traders’ tips and techniques for investing in cryptocurrencies.
Is it safe to buy Bitcoin at Etoro?
Very safe, Etoro has over 11 million registered users worldwide.
Etoro is regulated by CySEC in the EU, authorised by the FCA in the UK, FinCEN in the US and ASIC in Australia.
eToro fees and costs
These fees can be found very easily and quickly in eToro’s general information. eToro charges the following fees for cryptocurrencies.
If you are ready to buy Bitcoin and other cryptocurrencies, eToro is one of the best cryptocurrency apps for investors. One thing to note is that cryptocurrencies are a highly volatile investment and you should never invest more than you are prepared to lose.
