ⓘ Advertiser disclosure
Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Feb, 2025

eToro's CopyTrader™ feature allows you to replicate the trading actions of experienced investors. This makes it simpler to do eToro Bitcoin trading even if you're new to the market. Here's a basic guide to using CopyTrader for BTC:

 

1. Create and Fund Your eToro Account

  • Visit eToro's website and sign up by providing your personal details.
  • Once registered, deposit funds into your account using your preferred payment method.

 

2. Find a Bitcoin-Focused Trader to Copy

  • Log in to your eToro account.
  • Go to the 'Discover' section.
  • Use the search function or filters to identify traders who specialize in Bitcoin or cryptocurrencies.
  • Review their profiles, paying attention to their performance history, risk score, and portfolio composition to check if they are matched with your investment goals.

 

3. Start Copying the Selected Trader

  • Click on the profile of the trader you've chosen.
  • Press the 'Copy' button.
  • Enter the amount you wish to allocate for copying this trader. The minimum required is $200.
  • Decide whether to copy the trader's existing open positions by selecting or deselecting the 'Copy Open Trades' option.
  • Set a 'Stop Loss' level to manage potential risks.
  • Confirm by clicking 'Invest'.

 

4. Monitor and Manage Your Copy Trading Portfolio:

  • After initiating the copy, your portfolio will automatically mirror the selected trader's Bitcoin trades in real-time and proportionally.
  • You can view and manage your copied positions by going to your portfolio and selecting the copied trader's name.
  • Depending on your preferences, you can add or remove funds, set or adjust stop-loss levels, pause the copy function, or stop copying altogether.

 

 

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. 51% 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.

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

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.

 

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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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.