eToro is a multi-asset brokerage and social trading platform based in the UK. It has a rich selection of cryptocurrency products where you can buy and sell the most popular cryptocurrencies such as Bitcoin , Bitcoin Cash, XRP and more. Below we will guide you through the 5 steps on how to buy bitcoin on eToro.
Step-by-step guide to buying bitcoin on eToro
Buying and selling bit on eToro is as easy as investing in gold. All you need to do is follow these steps.
1. First you should log in to the platform and create an account at eToro
2. In the search field at the top of eToro, type in Bitcoin (BTC), and a “Trade” button will pop up.
3. If you click on the “Trade” button, you will be taken to the Bitcoin order panel, where there are two options in the upper right corner: Trade or Order, and then click on Trade. Select the amount you want to invest, the minimum amount to invest in eToro is $10
4. Of course you can also click on order transactions, where you can choose the amount of bitcoins you want to buy. At eToro, you can buy some of your bitcoins, so you don’t have to buy the full amount of bitcoins. For example, you can buy just 0.5 or even 0.01 bitcoins. You will also be prompted here to deposit the required amount. If you do not have cash in your account, you will be taken to the deposit panel and asked to fund your account.
5. After determining the amount of bitcoins to purchase, the system accepts your order and you will need to have provided eToro with proof of your identity and address. Having done this, you have now successfully purchased bitcoins on eToro!
Of course you can also watch the video tutorial: how to buy bitcoin on etoro
Advantages of buying bitcoin on eToro
Partial purchases.
You don’t need to buy full bitcoins, you can buy 01 Bitcoins or even 0.02 Bitcoins.
Easy to use interface.
The eToro interface is very easy to use and perfect for beginners to get started.
Minimum fees.
Fees at eToro are open and transparent, there are no hidden fees or third party extras.
Demo Trading.
Get an eToro demo account to test your trading strategy with demo funds before you buy real cryptocurrencies.
In addition to buying bitcoin, if you like other cryptocurrencies continue reading related articles
