Best guide to buy and sell bitcoin and crypto on e Toro will be explained in this post. One of the most popular social investment platforms, eToro enables users to trade, invest, and gain knowledge of the financial markets.
The trading options on eToro include stocks, commodities, and currencies. On eToro, you can also buy and trade cryptocurrency.
How To Buy Bitcoin On eToro
In this article, you can know about How To Buy Bitcoin On eToro here are the details below;
This puts eToro on par with cryptocurrency exchanges where you can buy, sell, hold, and trade cryptocurrency, including Binance and Coinbase.
On eToro, you may buy Bitcoin, Ethereum, and a variety of other crypto assets. So, there is all there is to know about buying and selling cryptocurrency on eToro.
Buying Crypto on eToo
On eToro, you must register for an account, validate it, and fund it before you can buy or sell cryptocurrency.
However, keep in mind that opening a trading account carries a considerable risk because more than 75% of retail investor accounts that use eToro lose money.
As a result, only finance funds that you can afford to lose.
Additionally, maintain in mind that if you are from certain nations, such as Nigeria, you might not be able to authenticate your account.
If you’re unsure, look at the complete list of eToro country restrictions.
There isn’t really a method around that, but you’ll know if your region is one of those forbidden during verification because it won’t let you verify.
The best way to fund your eToro account
Let’s now go over how to purchase cryptocurrency on eToro.
In order to make a deposit into your eToro account:
Access your eToro account by logging in (or opening one if necessary).
Select Deposit Funds from the left menu now.
Enter the desired deposit amount.
The minimum & maximum deposit amounts are $200 and $40,000, respectively.
Credit/debit cards, Skrill, bank transfers, and Neteller are all acceptable payment options.
Supported currencies include USD, EUR, GBP, and AUD.
Deposit form for eToro. Also check crypto games play to earn
Click on Deposit once you’ve finished filling out the deposit form.
Your eToro account will be credited as soon as your money has been received and approved, and you can then begin using eToro to buy cryptocurrencies.
How to Deposit funds into your eToro Account
To buy cryptocurrency on eToro:
Open an eToro account and log in.
To find a cryptocurrency or its symbol, use the Search eToro box at the top of the page.
BTC or Bitcoin, as an illustration.
Once you’ve located it, choose Trade > Buy.
Tool for searching cryptocurrencies on eToro
Type in how many units or how much of the cryptocurrency you want to buy.
To change, click on Units.
Price established by eToro
You will receive the corresponding amount of cryptocurrencies in your account.
Open your Portfolio in the left side panel to see it.
On eToro, how to Sell Crypto
Selling cryptocurrency on eToro is as simple as buying it.
Open an eToro account and log in.
How to Buy Crypto on eToro
All of the information regarding your bitcoin holdings is available here.
Portfolio page on eToro. Also check NFT collection
How to Sell Crypto on eToro
The red “X” button is located at your extreme right.
Close Trade button on eToro
Live rates will display in a pop-up window.
After reading it, click Close Trade.
Your eToro bill will be credited with the value of the cryptocurrency you just sold in fiat money.
EToro costs are open and there are no extra fees.
If they don’t appeal to you, however, you should look into the best cryptocurrency exchanges with the lowest costs.
Buy and Sell Crpto with Ease on eToto
EToro is a strong choice whether you’re buying or selling your first cryptocurrency or simply looking for another reliable platform to exchange cryptocurrencies on.
Additionally, eToro has a vibrant community where you can interact with millions of other cryptocurrency fans and learn more about the industry.
You can discuss price volatility with other users, for instance, and receive tips and advice from reputable specialists.
Additionally, it is simple to use, offers a tonne of other possibilities, and permits copy trading and fractional purchasing. Also check crypto wallets
A $100k demo account with which to practise is also available.
Even so, you should never spend more than you can afford to lose because investing in cryptocurrencies and CFDs carries a high level of risk.