Buying any cryptocurrency with eToro is easy, simply follow the steps below:
eToro is one of the first cryptocurrency providers that allow you to buy using many payment methods as well as other services. The actual process is very simple as well and one of the reasons we do recommend eToro for both beginners and experts.
To get started, you'll need to register with eToro. It is free to sign up and you don't need to deposit right away, which means you can get used to the platform before going live.
Once you're happy with the platform and ready to buy for real, it is time to deposit some money into your account. Click the deposit button in the bottom left, then choose your payment method of choice. Enter the amount you want to deposit, we'd recommend starting low before adding extra over time.
Now your account is live and ready to go, the process is like any other CFD provider, you will need to search for the coin you want to buy, be it bitcoin, ethereum or whatever your preferred choice is. Hit the 'Buy' button and then 'Trade', make sure you understand your risk parameters before you jump in.
Yes. All popular exchanges that accept fiat currency accept credit cards. They include Coinbase, Binance, Bitfinex, Bittrex, Kraken, and Huobi, among others.
Coinbase. It has no deposit fees and a low trading charge of 1.46%. However, it is not available in New Zealand as well as most countries in South America, North America and Africa.
Credit card or debit card buying is the easiest method for those who do not have altcoins, as it is a more common option than cryptos and e-wallets such as Skrill and Neteller.
It is highly probable. Recent policy changes are bound to make purchasing cryptos using Visa and MasterCard costly as the two had classified cryptos, ICOs and binary options as “high risk”.
Yes, because it has a short confirmation period, charges low transaction fees and is more secure. However, this has to wait for a global acceptance of cryptos as payment methods.
Yes. First, you can use all of them to pay for services. ETH prepaid card or debit card also allows you to make purchases in any currency, just as a credit card.