Buy Bitcoin at eToro 2021– Buy your first Bitcoin in just a few steps

Bitcoin cost just $ 2020 in March 3000 and was worth over $ 60.000 just a year later. That's 20 times the profits of those who invested at the start of this bull market and only sold their fortunes a few months ago. The demonstration of Bitcoin's financial power during this period was spectacular and propelled the entire cryptocurrency market upso that more and more investors have renewed their interest in Bitcoin and opened positions in this global benchmark cryptocurrency.

After a brief correction that brought Bitcoin back to a level around $ 35.000 (that's still 10 times higher than a year ago), Much of the investors in the cryptocurrency market are taking positions again in anticipation of a new momentum that will push Bitcoin to new all-time highs. So now is a great time to invest in Bitcoin.

We are going to show you step by step how to do this on a platform like eToro. We recommend eToro as it is where you can enjoy some of the lowest rates on the market and an excellent selection of the best cryptocurrencies available today.

67% of retail investor accounts lose money when trading CFDs from this provider.

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    Why should you buy Bitcoin from eToro?

    Bitcoin etoroBuying Bitcoin on eToro is really beneficial as this platform not only charges some of the lowest fees on the market, but it also has an extraordinarily robust trading machine and tremendous liquidity - thanks to its more than 20 million active users in over 100 different countries.

    In addition, eToro has a state-of-the-art social trading servicewhere you can copy the trades made by some of the best traders in the world. Just look at other traders' profits, pick one that is doing great in the markets, and automatically copy your capital based on their trades. In this way, you can passively make large profits even if you do not have enough experience in the marketsto invest yourself.

    Buy Bitcoin at eToro: Instructions with 3 easy steps

    The process of creating an account and buying Bitcoin on eToro is very easy, even for those who have never invested in Bitcoin before and do it for the first time. Below are instructions on how to use Bitcoin eToro in 3 easy steps.

    First step: register your account

    eToro registrationThe first thing you need to do is register your account with eToro. This process is simple and takes very little time. To do this, fill out a short form on the eToro welcome page.

    Then confirm your e-mail address in your mailbox and enter your personal data in the form below. After that you have successfully created your trading account. This process only takes two minutes.

    Account verification

    The second step in the process of creating your eToro account is account verification. It does this in two ways.

    The first thing you need to do is access your email and look for the verification link that eToro sent you. Click on the link in the email and you will be redirected to another form where you will be asked for your personal information.

    Second step: deposit your credit

    eToro deposit methodsNext, you need to fund your account to be able to invest in Bitcoin and other cryptocurrencies. At eToro, this process is very quick because you have a wide range of payment methods at eToro. These include PayPal, Neteller, Trustly, as well as debit and credit cards and bank transfers.

    Minimum deposit

    In all cases, you can make a minimum deposit of only $ 50, or around 42 euros. This is one of the main pluses of eToro as you only need to top up a small amount of funds on their platform to start trading. Unlike other brokers who have minimum deposits of several thousand dollars, eToro gives you a lot more flexibility in trading because of the low minimum deposit amount.

    Buy bitcoin with PayPal

    One of the payment options offered by eToro is the ability to use your account with PayPal to fill up. PayPal is probably the most popular payment gateway on the internetso you will surely find it very useful to be able to use PayPal to fund your eToro trading account. Simply select the appropriate option from the "Deposit money" menu.

    When you click the “Next” button, eToro will direct you to a PayPal window where you can enter your details to confirm the transaction. Once this is done, your credit will be credited within a few seconds.

    Buy bitcoin with credit card

    Another popular option for funding an eToro account is paying by credit or debit card. This option is one of the easiest as all you have to do is enter your card details to complete the transaction. Your credit will be credited to you within a few minutes.

    Currently eToro accepts VISA, MasterCard and Maestro cards, but not American Express. So choose your credit card from the available providers to carry out your transaction. As soon as you have completed the transaction, your credit is available in your eToro account. Your card will be saved with eToro to expedite the process for future payments.

    Buy Bitcoin with Sofortüberweisung

    eToro also gives you the option to use your account with Sofortüberweisung to charge. Sofortüberweisung is a wire transfer manager that enables you to make payments or transfer funds between bank accounts quickly, while avoiding the several days delay that normally occurs with traditional wire transfers.

    Buy bitcoin with SEPA transfer

    Finally, you can also make a SEPA transfer in the conventional way. This option is preferred by some people who prefer not to provide their debit or credit card details and who do not have an account with a payment gateway such as PayPal or Skrill. Please note, however, that SEPA transfers can take several days to be credited. Therefore this method is not the fastest way to fund your eToro account.

    Third step: buy bitcoin

    Buy eToro BitcoinNow you can buy bitcoin. To do this, simply go to the “Instruments” menu on the left Of the screen and then click on the "Cryptocurrencies" menu at the top. You will then be shown the different cryptocurrencies that you can invest in. Click on "Bitcoin“To open your trade.

    67% of retail investor accounts lose money when trading CFDs from this provider.

    Buy real bitcoins at eToro

    Open a bitcoin accountOnce you have deposited funds into your account, you can proceed to buy real bitcoins from eToro. To do this, the first thing you need to do is go to the “Instruments” option, which you can find on the left side of the screen. Click on it. You will then see the main screen with all the instruments that are available to you for trading on eToro.

    At the top of this screen, you can see that there are multiple categories, namely stocks, ETFs, cryptocurrencies, indices, commodities, and currencies. These are all types of instruments that you can trade with eToro. Since you want to invest in Bitcoin, click on the "Cryptocurrencies" option to view the various available To see cryptocurrencies.

    eToro will then show you a wide range of cryptocurrenciesto invest in. The most popular cryptocurrency is of course Bitcoin, which you will immediately see first. You also have the option to invest in other excellent cryptocurrencies like Ethereum, Cardano, Ripple, Dash, Tron, Zcash and Binance Coin.

    Click on "Bitcoin" and you will then be taken to a new screen. There you will get a lot of important information about Bitcoin. This information includes market capitalization, a chart of price changes, and many other data relevant to the investment. You will even see a complete research section where you will find various technical analysis that is very useful for knowing when is the best time to invest in this or any other cryptocurrency.

    When you have decided to invest in Bitcoin then click on the "Invest" button in the top right of your screen. A pop-up window will open in which you can determine how much capital you want to invest. Select the amount and click "Execute Trade" to open your position.

    Now your position is open and you can find it in the Portfolio option on the left Side of the screen follow. In this menu you can see all of your open trades, that is, all of the assets that you have bought.

    If you want to sell your Bitcoin, click on the position and then on the red cross on the right. This closes the position, which means you sell your Bitcoin. The money you receive for this will be instantly deposited into your account.

    Buy Bitcoin CFDs on eToro

    eToro also offers you the option of using Bitcoin CFDs zu kaufen. CFDs are tools that allow you to use eToro's capital instead of your own to open bigger positions and make bigger profits. Some of the key concepts of CFDs are leverage and automatic stop-loss and take-profit orders.

    LeverageStop Losstake Profit

    Leverage

    The lever is the main tool of CFDs and basically works as follows: First, you deposit the capital that you want to use for your trade as collateral. Based on this security - called "margin" - eToro provides you with a much larger amount of capital to invest. You then invest that capital in Bitcoin or some other crypto asset. If its price goes up, close your position, return the borrowed capital to eToro and keep the rest as profit.

    Stop Loss

    The Stop Loss is a type of automatic order that allows you to set a maximum loss before eToro closes your trade. For example, if you've deposited $ 1000 in a leveraged bitcoin position but the market pulls its price back, you can place a stop-loss order at $ 200 so that you don't lose the $ 1000, but only $ 200. From here, eToro will close your position to avoid further losses.

    take Profit

    Take profit orders work in a similar way. You can open a position and instruct eToro to close it when you have made at least a profit of, for example, 1000 euros. This is useful to prevent the price of the asset from falling again later while you are sleeping or doing something else that prevents you from entering the markets to keep an eye on. In this way, eToro will hold onto your profits and prevent them from being reduced by a subsequent correction.

    67% of retail investor accounts lose money when trading CFDs from this provider.

    Costs and fees when buying Bitcoin from eToro

    eToro is a trading platform that charges its users very low fees. In fact, one of the main advantages of eToro is that it doesn't even charge any fees for buying and selling assets. For this reason you can trade Bitcoin with eToro and save a ton of money compared to the fees of other platforms.

    eToro

    Libertex

    Creak

    Coinbase

    Capital.com

    Account fees

    free

    free

    Free of charge

    Free of charge

    Free of charge

    deposit

    free

    free

    free

    free

    free

    Trading fees

    0,75%

    0,5 - 8%

    3,75 + 0,25%

    3,99%

    Spread based

    Disbursement

    5$

    €0

    €0

    €0,15

    €0

    Total

    €12,50

    ~ € 50

    ~ € 40,00

    ~ € 40,15

    ~ € 80

    Send eToro Bitcoins to the wallet

    eToro also gives you the option to use a cryptocurrency wallet to store your bitcoins. This is a very useful service as it enables you to use the wallet to make quick cryptocurrency payments or transfers to other cryptocurrency users.

    If you want to do this all you have to do is transfer your balance from your eToro account to the cryptocurrency wallet. On the left side of the screen you will find the option "Crypto Wallet".

    Withdraw bitcoins with eToro

    Bitcoin Sell eToroEToro's cryptocurrency wallet also allows you to make transactions or payments using the Bitcoin blockchain. To do this, you need the name of your own cryptocurrency wallet and of course the name of the cryptocurrency wallet to which you want to transfer the money.

    Then simply select the amount in Bitcoin that you want to transfer and confirm the transaction. If you make your transfer from the Bitcoin network, your transaction will be credited in just a few minutes, depending on the traffic on the network at that time.

    Buy Bitcoins at eToro - The Easy Way to Invest in Bitcoin

    Bitcoin is currently worth up to ten times more than it was a year ago. In addition, many experts believe that Bitcoin has huge potential to continue its rise and exceed the $ 100.000 per token limit. For these reasons It seems that now is an excellent time to invest in and invest in Bitcoin the next few years make huge profits in the cryptocurrency market.

    eToro is one of the world's best bitcoin trading platformsas it has low fees and an award winning interface that is extremely easy to use. In addition, eToro has a robust trading machine capable of serving over 20 million users in 100 different countries quickly. Also, eToro has a world-leading social trading system that allows you to copy the trades of some of the best traders. So we recommend that you get a Trading account with eToro to create so You can start trading Bitcoin in just a few minutes.

    67% of retail investor accounts lose money when trading CFDs from this provider.

    Buy Bitcoin at eToro - Frequently Asked Questions (FAQs)

    Is Now a Good Time to Invest in Bitcoin?

    Everything seems to indicate that it is so. Bitcoin costs 10 times more today than it did a year ago and has plenty of room to continue growing over the next 12 months.

    How much does a Bitcoin cost?

    Bitcoin currently costs around $ 35.000 per token, although it passed the $ 60.000 mark a few months ago and hit a new all-time high.

    Which cryptocurrencies should I invest in?

    With eToro you can invest in some of the best cryptocurrencies in the world including Bitcoin, Ethereum, Cardano, Tron, Chainlink, Yearn.Finance and more.

    How can I invest in cryptocurrencies?

    You can easily invest in cryptocurrencies by creating an eToro trading account in just a few minutes and buying Bitcoin for as little as $ 50. In addition, eToro also gives you access to the stock, ETF, index, forex and commodity markets.

    About Kevin Seeberger

    Kevin Seeberger is a graduate economist with a focus on e-commerce & marketing. He takes care of various topics related to computer security, cryptocurrencies and reviews.