To buy Bitcoin on eToro using a credit card, start by funding your trading account with your credit card. Once your account is funded, search for 'BTC' on the investment platform. Then, click on 'Trade', enter the amount you want to invest in Bitcoin, and execute the buy order. This process allows you to use the funds taken from your credit card and then later on transferred to your trading account to purchase Bitcoin easily.
In my quest to understand if I could directly purchase BTC with this broker using a credit card, I delved into the platform using my personal account. My exploration revealed that there isn't a direct method to buy Bitcoin and charge it to a credit card on the platform. Instead, the process of this particular eToro Bitcoin purchase involves a two-step approach.
Firstly, I needed to fund my trading account using my credit card. This step was straightforward: I selected my credit card as the payment method and entered the desired amount to add to my eToro account. Once the funds were available in my account, I could proceed with the standard process of purchasing Bitcoin.
To buy Bitcoin, I searched for 'BTC' on the eToro platform. After finding the cryptoasset, I clicked on the "Trade" button, entered the amount I wished to invest, and executed the buy order by clicking the blue "Open Trade" button. This process allowed me to use the funds that were charged to my credit card to invest in this crypto.
While eToro doesn't allow direct Bitcoin purchases via a credit card, funding your account with a credit card and then buying Bitcoin is a viable and straightforward alternative.
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. 76% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. 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. Take 2 mins to learn more.
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.
76% of retail investor accounts lose money
