How to Buy Bitcoin

Bitcoin (BTC) is not only the original & first cryptocurrency, it was also the first ever blockchain project. It’s arguably the most popular form of cryptocurrency on the market, with the number of investors interested in this lucrative coin clearly not set to slow down any time soon. So, why should you buy Bitcoin? Bitcoin’s aim was to completely decentralize the monetary system, meaning middle-men such as banks would no longer control the process of transferring money. The idea was to create a system where the people were incentivize to upkeep the accounting as a group, and no one person was a failure point. After blockchain’s conception, Bitcoin was born. In this guide, you’ll learn all the secrets to buy and invest in Bitcoin so, keep reading!

(BTC)

Bitcoin

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Buy Bitcoin in just a few minutes

Login

Set up your trading account with eToro for free with your name, an email address and telephone number

Make a Deposit

Choose your preferred payment method and activate the account with the minimum deposit into your account

Begin Trading

Choose a cryptocurrency by clicking ‘Trading Markets’, set your risk limit and click ‘Get Started’ to start your investment strategy

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The Difference Between Trading and Buying

1

Ownership:

To buy cryptocurrency, you must create a wallet for yourself to hold the tokens. Trading does not require this.

2

Different Goals:

If you wish to support the ethos of the cryptocurrency, buying is better. If you are looking to profit on investment, trading offers more options.

3

Regulation:

Trading through a CFD is much more likely to provide more regulation to protect investment. Buying does typically offer this added security.