The eToro platform currently offers Bitcoin and cryptocurrency trading. However, their exchange is limited with only 70 crypto assets available and 3 cryptocurrency staking options. If you are interested in buying Bitcoin and cryptocurrencies with eToro, the process is very simple thanks to their easy onboarding and great user experience. In this article, you will learn how to buy Bitcoin and crypto with eToro.
How to Buy Bitcoin and Crypto with eToro?
The platform currently allows investors to buy, sell and trade over 70 crypto assets including Bitcoin, Ethereum, Solana, Dogecoin, Shiba Inu and many others.
To buy Bitcoin or other cryptocurrencies on eToro, follow these steps:
Sign up for an eToro account: If you don't already have an eToro account, you'll need to create one by providing your personal details and verifying your identity.
Add funds to your account: You'll need to add funds to your eToro account before you can buy Bitcoin or other cryptocurrencies. You can do this by clicking on the "Deposit Funds" button in your account and choosing your preferred payment method.
Search for the cryptocurrency you want to buy: Use the search bar at the top of the eToro platform to find the cryptocurrency you want to buy.
Click on "Trade" and select "Buy": Once you've found the cryptocurrency you want to buy, click on the "Trade" button next to its name and select "Buy."
Enter the amount you want to invest: Enter the amount you want to invest in the cryptocurrency and review the order details.
Confirm your order: Click on the "Open Trade" button to confirm your order. The cryptocurrency will be added to your eToro portfolio.
Note that eToro charges various fees, including spread fees and withdrawal fees, which you should be aware of before making any trades.
What is the Best Alternative to eToro?
The best alternative to eToro is BitKan. BitKan is one of Asia's largest and oldest providers of cryptocurrency information, offering bitcoin price alerts, news, mining information, e-wallet, and crypto brokerage services. BitKan is unique because unlike the other exchangesir which have own liquidity, BitKan aggregates the liquidity from multiple exchanges.
Their platform provides a similar user experience to eToro, but a significantly deeper suite of features and products that are better suited for cryptocurrency investors. These include:
- Trade 1200+ coins across 8 exchanges with 1 BitKan account
- 8 Partner Exchanges Include Binance, OKX, Bitfinex, Gate.io, Huobi, MEXC, Poloniex, and Bit.com
- Use custom price alert and portfolio tracker at your fingertips
- Start a Spot, Futures, Automated Bot Trade, BitKan Earn & more
- Served 10+ million users in 170 countries with 9 years of experience
- Discover the latest events and new coin updates & enjoy the best prices on the Web & App
- Receive the most recent daily news within the community
- Based in Singapore and Japan, BitKan holds the Digital Asset Exchange License from the - - Financial Services Agency of Japan
Bottom Line
To summarize, while eToro is a popular trading platform that offers a variety of financial assets, including cryptocurrencies, a better alternative to eToro is BitKan, which offers a similar user experience but a deeper suite of features and products that are better suited for cryptocurrency . This article is about how to buy Bitcoin and crypto with eToro.
