Here are the basic steps to buy bitcoin on the eToro trading platform:
- Sign up for a free eToro account by providing your basic contact and identity information.
- Deposit funds into your eToro account. You can deposit via bank transfer, credit/debit card, or e-wallet services like Skrill. Minimum deposit is usually $200.
- Search for Bitcoin in the asset search bar on eToro and select it. You will be taken to bitcoin's market information page.
- Click "Go Long" to open a long position, which means you are buying bitcoin. Select how much bitcoin you want to purchase based on the current market price.
- Review the transaction details and place the order. Your bitcoin will be purchased and added to your eToro portfolio instantly.
- You can now hold your bitcoin position as the price fluctuates, or close your position to sell the bitcoin back at the current market rate.
That's the basic process for purchasing bitcoin on eToro's platform. Be sure to review eToro's trading policies before investing real money in cryptocurrencies.
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