How to Buy Bitcoin on eToro App in 2025: Step-by-Step Guide
eToro is one of the most user-friendly platforms currently available in the market, making it a popular choice for those looking to buy Bitcoin and other cryptocurrencies. Demand for ETF product by the Securities and Exchange Commission. In addition to Bitcoin, eToro’s asset selection includes over 680 ETFs, 5,500 stocks, and 100+ cryptocurrencies, making it one of the most versatile trading platforms. In this guide, I’ll walk you through how to create an account and the simple steps to take to buy Bitcoin on eToro. I’ll also explore the security of the platform and what you need to consider when deciding if eToro is right for you.
has surged in the past 12 months, ever since the SEC approved the approval of anHow to Buy Bitcoin on eToro: 5 Easy Steps
Okay, so you’ve decided now is the right time to invest in cryptocurrencies, and want to start with the OG crypto: $BTC. To buy Bitcoin on the eToro app all you need to do is follow the steps below. Let’s go through them one by one.
1) Open an eToro Account
To get started you first need to create a eToro account. Simply go onto its official website to begin the process. Once you land on the eToro homepage, click the “Join eToro” button highlighted. Here you’ll have to fill in a questionnaire that includes personal details and info about your trading purposes and history. This should only take a few minutes. Visit eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk
2) Verify Your eToro Account
Okay, so you have now entered your personal details, and created a username and password, now is the time to go through the Know Your Customer (KYC) process. This is a regulatory requirement all eToro clients must go through. Simply submit your ID (Passport or Driver’s license) and proof of address (no older than 3 months). After a review (which can take anywhere between a few minutes to a few days), this will be accepted, and you will receive your live account confirmation. There are, however, no KYC platforms that you can use, but you may be limited in the types of transactions you can carry out.
3) Fund Your Account
After verifying your identity, you will now be able to fund your account. eToro offers various deposit methods. From bank wire transfers to debit or credit card deposits, choose the one that best suits you and the amount you want to deposit. eToro now offers full support for EUR accounts (in addition to GBP and USD), allowing seamless deposits and withdrawals. Choose the currency matching your bank’s account to avoid unnecessary conversion fees. Additionally, eToro charges no withdrawal fees for GBP and EUR accounts, adding further cost advantages for users. It’s always important to never invest more than you are willing to lose. There are significant risks involved with trading Bitcoin or any other crypto asset. To deposit just click “Deposit funds” on the screen.
4) Find Bitcoin on eToro
So you have deposited your fiat funds, but how do you buy $BTC on eToro? Simply go to the trading page on the eToro platform and search for Bitcoin. Once on the Bitcoin page, you can select Trade or Order. Trade will allow you to trade one crypto for another, so select Order. Then you will be offered to place either a limit or a market order. Additionally, eToro offers 4.8% interest on unused capital in your account, ensuring that your idle funds still generate returns while you plan your next investment. A limit order is when you place a trade for when the price reaches a specific level in the future. A market order allows you to buy at the current market price. Choose the right one for you based on your strategy.
5) Buy Bitcoin
Now that you’ve followed the above steps, all that is left is to place a trade by entering the amount of $BTC you want to buy. You can also choose a stop loss or take profit level. If this is an immediate order, you will see it added to your open positions, with your profit/loss already visible.
Stop-Loss and Take-Profit Levels Explained
A stop-loss limit means that you can set a price (below what you paid) at which it will automatically sell your Bitcoin purchase. This can help limit your loss if the price of Bitcoin goes down significantly. A take-profit limit will set the higher level for the price at which you want to automatically sell your Bitcoin. This is the level you are comfortable with making a profitable exit. and confirm your position. These two settings can help you reduce your losses and secure your profits automatically when you purchase Bitcoin or other cryptos.
Cost of Buying Bitcoin on the eToro App
Like most major cryptocurrency exchanges, eToro has a competitive fee structure. In addition to the variable spread, which is the difference between the buy and sell price, eToro charges a 1% fee for opening and closing a trade. This is less expensive than Plus500. for example, which adds a 2.50% markup on spreads. Let’s look at the main fees on eToro below.
Fees | Description |
Trading Fees | 1% fee for opening/closing trades |
Inactivity Fees | $10 per month fee after 12 months of inactivity |
Withdrawal Fees | $5 withdrawal fee |
Is eToro the Best Place to Buy Bitcoin?
So you now understand how to buy Bitcoin on eToro, but is this the best place to trade the world’s largest cryptocurrency? eToro is widely seen as being a safe and secure platform, especially for newcomers to the crypto world. It’s important to note that eToro is at the top of our list of Binance alternatives. After launching in 2007, over 30 million traders have joined eToro. It’s gained popularity for its ease of use, its copy trading platform, and its wide range of instruments. This success has led the company to consider launching an initial public offering (IPO) and listing on a major stock exchange. Let’s go through the major advantages of using eToro over other crypto exchange platforms when purchasing Bitcoin.
- Competitive fees: Including the spread, eToro charges a competitive 1% per trade for both opening and closing trades.
- Regulation: eToro is regulated across the globe, from the Financial Crimes Enforcement Network (FinCEN) in the United States to the FCA in the UK, and ASIC in Australia.
- Copy trading: eToro allows users to replicate each other’s trades using their copy trading feature. This means a new Bitcoin investor can mirror the same positions of a more experienced trader.
- Good customer support: Due to its global reach, eToro offers around-the-clock customer support in multiple languages. This means you will always be able to seek account or trading support when needed.
Things to Consider Before Buying Bitcoin on eToro
So you’ve seen the main selling points of eToro, however, there are also some other things to consider beyond the benefits of the platform. Let’s take a look at some of the drawbacks of the platform.
- Additional fees – eToro has some extra fees starting with a $5 withdrawal fee, in addition to a $10 monthly inactivity fee after a year of no trading.
- Limited trading tools – When it comes to more advanced trading and technical indicators, eToro is lacking in this department. As such, it may not be the most suitable for more experienced traders.
Is it Safe to Buy Bitcoin on eToro?
Due to eToro being regulated in multiple countries and jurisdictions, it is a relatively safe platform to use when buying Bitcoin. After reaching a high standard of operations, regulators often do significant due diligence on companies before granting them a license, meaning that they must believe that eToro is able to keep clients’ funds safe and secure at the minimum. In 2023, ASIC in Australia, which also regulates eToro sued Kraken for flaws in its distribution processes to clients. This highlights the fact that regulators are often strict, and if there is any wrongdoing, they will often find it. However, it is wise to note that crypto platforms can be vulnerable to third-party risks, like hacking, and eToro is no exception. Although eToro offers a non-custodial hot wallet (the eToro Money crypto wallet), I always recommend migrating your Bitcoin investments to an external cold wallet for maximum security. The reason is that these wallets store your assets offline, making them harder to target by cybercriminals.
How to Sell Bitcoin on eToro
Okay, so you’ve seen how you can buy Bitcoin on eToro, but what about what if you want to sell? Here are the easy steps to do this.
- Sign-in to your account: Start by logging into your account via the website or app.
- Search for Bitcoin: Locate Bitcoin in your portfolio, then click on it to see your open positions.
- Sell $BTC: Click on the ‘Sell’ button. You will be prompted to enter the amount of your Bitcoin investment you wish to sell.
- Confirm the order: After reviewing the transaction details (amount, current market price, and fees), click ‘Confirm’ to execute the sale.
- Withdraw $BTC: Once complete, the funds from the sale will be available in your account balance. You can then choose to withdraw these funds to your bank account or use them to invest in other assets on eToro.
Conclusion
eToro is an easy-to-use platform that attracts a lot of newcomers into the crypto market. It is a popular choice to buy Bitcoin due to its security, competitive fees, and also its unique features such as copy trading. Bitcoin has been the best investment of the last decade and looks poised to repeat that performance over the course of the next decade. Now might be the time for you to check out eToro and think about buying Bitcoin.
Although all of these advantages can make it appealing to use eToro, it is smart to consider all options and do your own research before deciding which platform to use.Disclaimer:
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Disclaimer:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Frequently Asked Questions
Is eToro safe for buying Bitcoin?
What fees does eToro charge for buying Bitcoin?
Can I store my Bitcoin on eToro?
How do I sell Bitcoin on eToro?
References
- Fast KYC onboarding exposes clients to hackers (Reuters)
- eToro is considering filing an IPO (CNBC)
- ASIC wins lawsuit against Kraken (Reuters)

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