Bitcoin

Written by Mike Druttman

Reviewed by Nadav Zelver

Bitcoin’s no stranger to headlines. Once dismissed as a fad, it’s now front and center in global finance conversations. What started as digital fringe is fast becoming foundational. And today, anyone can get in on it, no hedge fund required.

Platforms like eToro make crypto investing accessible for just about everyone. That includes you.

Want to know what it’s like to actually invest in Bitcoin using eToro?

I’ve got you covered.

I’ll walk you through what to expect, share tips from firsthand experience, and highlight what’s worth watching for. So stick around, this isn’t another generic “crypto 101” piece. It’s about what actually works.

Let’s get into it.

₿ Why I Trade Bitcoin on eToro

I’ve used eToro to trade Bitcoin more times than I can count. After testing the waters across different platforms, this one just works for beginners and seasoned traders alike. Here’s what makes it click:

Clean and simple interface: No fluff, no fuss. Even if you’re new to crypto, you’ll be navigating charts and trades in minutes.

Low barrier to entry: You can open a position with as little as $10. No need to front a full paycheck just to get started.

Crypto transfers made easy: Want to move your BTC out of your trading portfolio? eToro lets you transfer crypto to its dedicated wallet.

Copy Trading for Bitcoin: Not sure where to start? Just track and mirror top-performing Bitcoin traders. You’ll see what they trade, when, and why.

Leverage when you want it: If you’re looking to amplify your position, leverage trading is available. Just know this depends on your country and remember, leveraged trades use crypto CFDs, not the actual coins.

The Bitcoin Asset Page on eToro

Head over to Bitcoin’s asset page on eToro (either via the app or web) and you’ll land on the Overview tab.

What’s waiting for you there?

A stripped-down command center that gives you a snapshot of how BTC’s doing right now.

Let’s walk through it:

1. Graph

First thing you’ll spot is the performance graph. It’s got the usual suspects: market cap, daily range, 52-week range. It’s basic but functional. If you want something more technical (candlesticks, indicators, etc.), that lives in the Chart tab.

2. About

This gives you the elevator pitch on Bitcoin. What it is. Why it matters. Quick background if you’re new or need a refresher.

3. Latest News

This section pulls in real-time BTC news from CityFALCON. This one's handy if you’re trying to track sentiment or spot market-moving headlines before they hit the mainstream.

4. People Also Bought

eToro’s way of showing you what’s trending. If you’re checking out Bitcoin, chances are you’ll see other high-interest assets popping up here: ETH, SOL, DOGE, and so on.

5. Copy Bitcoin Investors

Right here is where eToro’s social trading edge kicks in.

You’ll see top-performing Bitcoin investors. Tap Copy next to any profile and you’re taken straight to the copy trading setup screen. No spreadsheets or any guesswork. Just follow someone who already knows the moves.

6. Discussions

This is the live feed, Bitcoin edition. Posts, charts, opinions, memes (sometimes)... all from real traders. You can sort by Top or All, and interact just like you would on a social platform. Like, comment, or share to your own feed.

Useful Crypto Trading Tools on eToro

One of the best things about trading BTC (or anything else) on eToro is that you don’t need to juggle five browser tabs just to get your bearings.

Everything you need is already built into the platform, right where you’re trading.

Here are the tools worth knowing:

Live Chart

The Bitcoin chart isn’t just live, but also flexible. You can zoom in or out by time intervals (from 1 minute to 1 week) depending on how closely you want to track price swings. Great for spotting short-term trends or zooming out to see the bigger picture.

Analysis Tab

If you want a quick read on what the market’s doing, this is it. It pulls together buy/sell/hold signals from a range of popular indicators and visualizes them as a single consensus chart. Think of it as a technical summary, minus the guesswork.

Market Sentiment

Similar to the analysis section, this graph lets you see sentiment at a glance. It aggregates major technical signals so you get a quick pulse on the mood: bullish, bearish, or somewhere in between.

Technical Indicators

This section updates in real time. If you trade based on price action or volume-based patterns, this is your go-to. It surfaces everything from moving averages to RSI so you can make informed decisions fast.

Latest Research

Reserved for funded, verified users. If your account’s ready, you’ll get access to detailed research reports with insights most traders won’t get. It’s a serious upgrade if you’re looking to go beyond charts and signals.

How to Buy Bitcoin on eToro in Under 60 Seconds

Buying Bitcoin on eToro is quick and straightforward. Here’s how you do it:

1. Search for Bitcoin – Type “Bitcoin” into the search bar to pull up the asset.
2. Click “Trade” – You’ll land on the order window.
3. Enter your investment amount – Choose how much you want to put in (you can start small).
4. Hit “Open Trade” – That’s it. You’re in.

Trading Bitcoin via CFD on eToro

CFD trading gives you a way to speculate on Bitcoin price movements without actually owning any Bitcoin.

Here’s the idea:

You’re not buying the asset. You’re making a trade based on whether the price will go up or down. If it moves in your favor, you profit. If not, you don’t. Simple.

This means there’s potential to generate returns whether the market rises or falls. But be aware that CFDs aren’t available everywhere. If you’re in the U.S., for example, this option won’t be on the table.

Let’s walk through how to set up a Bitcoin CFD trade on eToro:

1. Search for Bitcoin in the eToro platform.
2. Click Trade.
3. Choose how much you want to invest.
4. Set your preferences: Leverage (if available), Stop loss, Take profit
5. Hit Open Trade.

That’s it, you’re in the market. Just keep in mind: CFDs amplify both gains and losses. So manage risk carefully.

Copying Bitcoin Traders on eToro

Let’s say you’re not ready to analyze candlestick charts or stay glued to crypto news 24/7. Fair enough.

eToro’s CopyTrader feature gives you a shortcut. You can mirror the moves of experienced Bitcoin traders without lifting a finger.

Here’s how to get started:

1. Use the filter to find top-performing Bitcoin traders (sort by performance, risk score, or number of copiers).
2. Choose how much of your funds to allocate to this trader.
3. Hit “Copy” and let the system replicate their BTC trades automatically.

Transparent BTC Fees

Let’s talk fees. No fine print. No hidden charges.

eToro charges a flat 2% fee when you buy or sell Bitcoin. That’s it. No surprises. You’ll see the fee clearly displayed at the time of your trade, so you always know exactly what you're paying.

Withdrawing Your BTC

Bought your Bitcoin? Great. Now, what if you want to move it?

Here’s the flow: First, transfer your BTC from your eToro trading account to your eToro Money wallet. From there, you can send it to an external crypto wallet of your choice.

That’s your path to full control, whether you're holding long term or planning to cash out.

That wraps it up. You now have the primary steps for buying, holding, and withdrawing Bitcoin on eToro, whether you’re using the desktop platform or the mobile app.

The next move? Apply what you’ve learned. Stick to the basics. Watch the fees. And if you know someone new to crypto, send this guide their way.

Let them skip the guesswork and get straight to trading.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.