how to buy bitcoin on etoro app

             How to buy Bitcoin on eToro app

Do you want to purchase Bitcoin? One of the most well-known and reliable cryptocurrency exchanges to purchase Bitcoin is eToro.

See our tutorial to learn how to purchase Bitcoin on eToro in 2024.

More people than ever are getting interested in cryptocurrency and asking questions like “how to buy Bitcoin” as another bull run is predicted.

Thankfully, eToro is an exchange that welcomes new users, unlike some other cryptocurrency platforms that do not.

The process of purchasing Bitcoin is made easier via the well-known trading platform eToro.

We’ll show you exactly how to purchase Bitcoin on eToro in this detailed tutorial, so you can utilize the platform with confidence.

              How to buy Bitcoin on eToro app

STEP 1: Create an account on eToro

The first and most important step in purchasing Bitcoin on eToro is to create an account. The registration procedure is simple and rapid.

Go to the eToro website: To begin, type “eToro” into your computer browser’s search box or type “www.etoro.com” directly into the address bar to go to the official eToro website. Make sure the website you’re on is authentic before moving on at all.

Create an Account: On the eToro homepage, look for the “Sign Up” or “Join Now” option in the upper right corner. Click it to start the account creation process.

Enter Your Private Data here: Give your complete name, email address, and choose a secure password that combines capital, numeric, and special characters to improve your account security.

Read the terms and conditions and agree to them. Go over eToro’s terms and conditions, as well as any supplementary legal documents or disclaimers, carefully.

Check the Address on Your Email: Check your inbox (including the spam or promotions folders) for an email from eToro confirming your account after submitting the sign-up form. For your email address to be verified, click the provided link.

Check the details of your account: When you fill out your eToro profile, you’ll be asked for extra details like your phone number, country of residency, social security number, ID, proof of address, and date of birth. This procedure guarantees adherence to legal mandates.

                       How to buy Bitcoin on eToro app

Step 2: Add money to your account on eToro

You need to add money to your account in order to purchase Bitcoin on eToro. eToro provides a number of practical payment options:

Credit/Debit Card: For rapid and easy deposits, you can use Visa, Mastercard, Diners Club, or Maestro cards.

Bank Transfer: Depending on your bank and location, deposits made through bank transfers to eToro may take a few business days to show up in your account.

E-wallets: eToro offers faster processing times and more security for well-known e-wallet services like PayPal.

How to fund an eToro account

Open your eToro account and log in.

Select the “Deposit Funds” or “Deposit” option, which can be accessed through the portfolio area, account dashboard, or main menu.
Select the payment option that you want to use.

Input the necessary data, including credit card or bank account information.

Indicate the deposit amount and check any related costs or exchange rates.

Verify the details one more time, then click “Deposit” to start the transaction.

It might be necessary to provide more verification or instructions, depending on the payment type.

After it’s finished, you’ll get a confirmation that your deposit was accepted, and you can use the money to buy Bitcoin.

                  How to buy Bitcoin on eToro app

Step 3: Use eToro to locate Bitcoin

Think about risk management techniques such as stop-loss orders.

Review your trading and investing approach on a regular basis.

ou can easily identify and access the Bitcoin trading pair once your funds are in your eToro account.

Open your eToro account and log in.

Utilize the main menu’s search bar or the one at the top of the page.

Enter “Bitcoin” or “BTC” and click the search icon or hit Enter.

The initial outcome will be “BTC.” Click “Trade” to open the page for Bitcoin.

                                     How to buy Bitcoin on eToro app

Step 4: Issue a purchase order

After discovering Bitcoin on eToro, it’s now the right moment to put in a buy order and purchase Bitcoin. eToro provides a simple way to place an order:

Click the appropriate tab on the Bitcoin page, then choose “Invest.”

Select “Order” (a predetermined purchase order) or “Trade” (the current market price).
Input the sum of the investment.

Examine the transaction information, including the total cost and any fees.

Recognize order preferences, like limit or market orders.

Verify the order details again.

Orders can be confirmed by selecting “Buy.” eToro will then carry out the purchase according to the parameters you have provided.

                                  How to buy Bitcoin on eToro app

Step 5: Keep an eye on your Bitcoin holdings

Using eToro to manage your investments is easy and convenient:

Navigate to your eToro account’s portfolio section.

Monitor performance, taking note of changes in percentage terms, current value, and profits or losses.

To keep track of changes in the price of Bitcoin, set up price notifications.
Keep abreast on news and trends in the market.

Make use of eToro’s training materials to expand your trading expertise.