A Step by Step Guide on How to Buy Bitcoin on eToro App (2023)

eToro is a popular crypto trading platform that also allows its users to buy and sell stocks and exchange-traded funds.

If you want to buy bitcoin or any crypto currency coin through this app, then this is the best app for you, which is reputed as a top platform offers a demo account for its users.

And this demo account also allows new investors to practice with an account representing $100,000.

Through this app, you can practice buying stocks, ETFs and cryptocurrencies without risking any money. Through this app you can also see how any crypto is performing.

Once you understand how this trading platform works, you can buy your crypto-coin using eToro’s CopyTrader feature.

A Step by Step Guide on How to Buy Bitcoin on eToro App

In this article we will explain about facing issue in eToro App. We will also explain about A Step by Step Guide on How to Buy Bitcoin on eToro App with detailed analysis.

How Much Does It Cost To Buy Bitcoin on eToro?

When buying Bitcoin on the eToro app, you should keep in mind that whenever you buy any crypto-coin through it and you have to pay a fee of 1% of the quoted purchase price.

And you can see about this commission anytime in bitcoin position option.

How Long Does It Take To Buy Bitcoin on eToro?

On eToro you can order Bitcoin anytime because it is open for you 24/7 and orders are filled in seconds.

However, if you wish to transfer your Bitcoin to your eToro Money crypto wallet the transfer may take approximately five business days or longer to complete.

How To Buy Bitcoin (BTC) on eToro?

Here are the step by step guide on how to buy Bitcoin on eToro app, let’s start: 

1. Create an Account

A Step by Step Guide on How to Buy Bitcoin on eToro App

First of all you have to go to the official website of eToro and create your account. To create an account on this website, you have to sign-up through your email.

2. Verify Your Account

Now you have to verify your identity and create a new account, and for this you can log in through Google or Facebook account.

3. Deposit Funds

A Step by Step Guide on How to Buy Bitcoin on eToro App

Now you have to deposit funds by clicking on the navigation bar on the left-hand side, “Deposit Funds.” And now you have to choose the currency that you want to deposit with and click “Deposit.”

4. Buy Bitcoin

A Step by Step Guide on How to Buy Bitcoin on eToro App

Now search for bitcoin through the eToro dashboard and Navigate to the Bitcoin page and click “Invest.”

Alternatives to eToro

If you are having trouble on eToro app to buy Bitcoin and you do not want to buy crypto-coin through this, then you have many other options available in the market to buy crypto-coin.

Some of the popular alternatives to eToro include the following apps that allow trading in crypto, stocks and ETFs:

  • Robinhood
  • Webull
  • Stockpile
  • Wealthfront
  • Fidelity
  • Coinbase
  • Kraken
  • Gemini
  • Binance.US
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