Bitcoin is one of the fastest-growing assets in the world, but you won’t find it at many traditional stock brokerages.
The steps above cover the basics of how to purchase Bitcoin on eToro, which has become the hub for traders looking for the best social trading cryptocurrency platform.
On the next page, you’ll need to fill in personal information like your name, zip code, birthdate, and phone number.
Just install the app on your device and log in with your eToro username and password to connect your eToro Bitcoin wallet to your account.
You can also enter a take profit or stop loss level, although these are typically used for eToro Bitcoin trading rather than to invest in Bitcoin for the long-term.
The only difference is that once the order form appears, you will need to click Sell at the top of the form.
At eToro, you’ll pay a fee of 1% of your total transaction when you buy Bitcoin or any other cryptocurrency.
eToro does charge a $5 withdrawal fee, and you’ll pay a 0.5% transaction fee when you send Bitcoin from your eToro account to your eToro Bitcoin wallet .
eToro makes it easy to swap between Bitcoin and any of these other coins, giving you access to the wider world of crypto.
In addition, eToro has a built-in social network so that you can connect with other Bitcoin investors and see what they think about where this cryptocurrency is headed next.
With copy trading, you can set aside a portion of your portfolio to mimic the moves of another trader, including Bitcoin traders.
Thanks to all these features, eToro is a strong contender for the title of best place to buy Bitcoin.
The platform only requires a minimum deposit of $10 to get started and charges just a 1% transaction fee when you buy Bitcoin.
Just sign up, make a minimum deposit of $10, and then buy Bitcoin.