In this blog post, you will learn how to buy bitcoin on eToro app, one of the most popular and user-friendly platforms for trading and investing in cryptocurrencies. You will also get some tips on how to make the most of your bitcoin investment.
eToro is a global online platform that allows you to trade and invest in various financial markets, including stocks, commodities, currencies, and cryptocurrencies. eToro also offers a social trading feature, where you can follow and copy the actions of other successful traders.
To buy bitcoin on eToro app, you need to follow these simple steps:
- Step 1: Download the eToro app from the App Store or Google Play and create an account. You will need to provide some personal information and verify your identity.
- Step 2: Deposit funds into your eToro account using your preferred payment method. You can use a debit card, a credit card, a bank transfer, or an e-wallet such as PayPal or Skrill.
- Step 3: Search for “Bitcoin” or “BTC” on the app and tap on the “Trade” button. You will see the current price, the market cap, the 24-hour change, and other relevant information about bitcoin.
- Step 4: Enter the amount of bitcoin you want to buy and tap on the “Open Trade” button. You can choose to buy a specific amount of bitcoin or a percentage of your available balance. You can also set a stop loss or a take profit order to limit your risk or lock in your profit.
- Step 5: Congratulations! You have just bought bitcoin on eToro app. You can monitor your position, close it, or adjust it at any time. You can also view your portfolio, your performance, and your social feed on the app.
Some tips to make the most of your bitcoin investment are:
- Do your own research and learn about the fundamentals and technical aspects of bitcoin. You can use Google Trends1 to see how popular bitcoin is in different regions and times.
- Diversify your portfolio and invest in other cryptocurrencies or assets that complement or hedge against bitcoin. You can use Google Finance2 to compare different markets and currencies.
- Follow and copy other successful traders who have experience and expertise in trading bitcoin. You can use eToro’s social trading feature to find and interact with other traders on the platform.
- Keep your bitcoin safe and secure by using a reputable platform like eToro. eToro offers a high level of security and protection for your funds and personal data. You can also use the eToro Money crypto wallet3 to store and transfer your bitcoin.
Buying bitcoin on eToro app is easy and quick. With just a few taps, you can join the world of cryptocurrency trading and investing. Download the eToro app today and start your bitcoin journey!