If you're looking to get started in the world of investing in Stock market, Cryptocurrencies and Commodities, So eToro is a great platform to start your journey in investments.
eToro is all in one place for by Cryptocurrency (Bitcoin), Stocks and Commodities. If you are thinking about investment in these assets then eToro is the best platform for you.
In this article we have know about How to Buy Cryptocurrency (Bitcoin), Stocks, Commodities on EToro?
But first we have to know about eToro, So What is eToro?
What is eToro?
eToro is a regulated broker, and is licensed by the Cyprus Securities and Exchange Commission (CySEC). The company is also a member of the Investor Compensation Fund (ICF), which provides protection for investors in the event that a broker becomes insolvent.
eToro is a social trading and investment platform that allows users to buy and sell a variety of assets, including stocks, commodities, currencies, and cryptocurrencies.
The eToro platform is designed for both beginner and experienced investors, and offers a variety of features, such as copy trading, which allows users to copy the trades of other successful investors on the platform.
eToro offers a variety of assets to trade, including forex, stocks, commodities, indices, and cryptocurrencies. The platform also offers a range of trading options, including spot trading, CFDs, and social trading.
eToro’s social trading features allow users to copy the trades of other users, and to interact with other traders in the eToro community. The platform also offers a range of educational resources, including market analysis, trading signals, etc.
How to Buy Cryptocurrency (Bitcoin), Stocks, Commodities on EToro
If your are read this article that means your interesting in investments and multiply your money again and again by trading in Cryptocurrency (Bitcoin), Stocks, Commodities.
Follow bellow step by step process to by Cryptocurrency (Bitcoin), Stocks, Commodities on eToro:
Step #1: Signing Up on eToro
Go to eToro.com and click “Join Now” to create your eToro account and start investing in Cryptocurrency (Bitcoin), Stocks, Commodities.
On the next page, choose an email ID, create a strong password, and fill in your personal information, such as your name, zip code, birthday, and phone number.
You must have verify your account by uploading proof of identity and proof of address.
Step #2: Verification
Upload proof of address and identity to authenticate your account. Your proof of address can be any bill, bank statement, government tax letter, or government-issued social insurance statement. Your proof of identity can be any government-issued ID card or passport that displays your full name, date of birth, and photograph, with a valid expiry date.
The eToro staff will complete the account verification procedure within 24 hours.
Step #3: Deposit Funds on eToro
eToro requires a minimum deposit of $10 when you open a new eToro account. You can pay by credit or debit card (Visa or Mastercard), PayPal, Neteller, Skrill, Rapid Transfer, Klarna, Przelewy 24, POLi, or iDeaL. You can also pay by bank transfer if you deposit at least $500.
Buy this funds you can directly buy any stocks, Commodities.
But if you want to buy or trade in cryptocurrencies then first you have to create crypto wallet, So How to create crypto wallet in eToro?
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Also Read: What is Cryptocurrency and How Does it Works?
Create Your Crypto Wallet on eToro
You can save your newly purchased coins in your eToro account or move them to a more secure personal wallet. eToro wallet is available for free download for IOS and Android smartphones. To link your eToro crypto wallet to your account, download the app and log in with your eToro credentials.
You can also choose a hardware wallet, also known as cold storage. Hardware wallets are usually considered the most secure wallets to store your digital assets as they offer offline storage, thereby significantly reducing the risk of hacks.
Whichever wallet you choose, always remember to keep your private keys safe and never share them with anyone.
How to Buy Cryptocurrency on eToro
Look for the search bar towards the top of the screen on eToro’s dashboard. Enter the crypto you would like to purchase and click “Trade,” or buy it through the “Trade Market” tab. Enter the quantity of crypto you want to buy in USD. When you are ready, click “Open Trade” to make your purchase.
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Also Read: What is Cryptocurrency and How Does it Works?
