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Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Feb, 2024

To buy Bitcoin on eToro, first, open an account. After that, put money into your account. This money will be used to buy Bitcoin on the platform. For more security, you can move your Bitcoin to eToro's crypto wallet.

 

What You Should Know

There are many ways to buy Bitcoin (BTC). But most people buy Bitcoin through online platforms like eToro. eToro lets you buy many kinds of cryptocurrencies, including Bitcoin (BTC). They don't have hidden fees, so it's a good choice for people who want to invest.

₿ Tip: Before using real money, try a demo account. This lets you practice eToro Bitcoin trading without any risk.

 

Here's a step-by-step guide on buying Bitcoin through eToro. I wrote this based on my personal experience and I hope that it will be able to assist those are interested in learning.

 

Simple Steps to Buy Bitcoin on eToro

Step 1: Open an Account

Sign up on eToro with a username, email address, and password. After signing up, eToro will ask you to show who you are.

 

Step 2: Put Money in Your Account

On the left side, click “Deposit Funds”. Pick the kind of money you want to use, give your payment information, and click “Deposit”.

 

Step 3: Buy Bitcoin

Go to the Bitcoin section and click “Invest”. You can choose to “Trade” (buy Bitcoin now) or “Order” (buy Bitcoin when the price gets to a certain point).

Buying Bitcoin on eToro
Buying Bitcoin on eToro

Step 4: Get the eToro Crypto Wallet

To keep your Bitcoin safe, get the eToro Money crypto wallet. To move your Bitcoin to this wallet, find it in your list of items and click “Transfer to Wallet”.

👛 Note: The eToro wallet is accessible only in select countries. Please verify its availability in your region before opting to download or utilize the crypto wallet service.

 

Final Thoughts

Bitcoin is new and some people don't agree with it. But it might be a chance for people to make their investment more varied. If you like taking chances to possibly find trading opportunities, then this crypto asset might be right for you. I hope this guide helps you learn how to buy BTC on eToro.

 

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. 76% 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

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

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. 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.

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 has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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76% of retail investor accounts lose money