On eToro, a non-leveraged BUY (1x) means you're buying real Bitcoin: held by eToro, with wallet transfer possible in supported regions. Use leverage or SELL, and it's a CFD: you're trading on price, not owning the asset, and can’t transfer it to a wallet.
If you’re trading under eToro (Europe) Ltd., eToro UK Ltd., or eToro AUS Capital Pty Ltd., there’s a good chance you’re buying actual Bitcoin.
Here’s how to check: open a BUY (long) position on BTC. If you don’t see an option for x1 leverage or any labels like x1, x2, and so on, that means you’re buying the actual asset. eToro holds it for you, and in some regions, you can move it to the eToro Money crypto wallet.
Now, let’s flip it.
If you:
Then you’re trading a CFD. You don’t own any Bitcoin here; you’re speculating on price movement. That also means no wallet transfers and no withdrawals. Just the contract and the price action.
If both real Bitcoin and BTC CFDs are on the table and you're not sure which to pick, here’s my take:
- If your goal is to hold Bitcoin long-term or transfer it outside the platform, go with a non-leveraged Buy.
- If you're looking to trade with leverage or speculate on price drops, then leveraged positions or Sell (short) trades (aka CFDs) are the way to go.
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.
About Mike Druttman
