How to Buy Bitcoin on Etoro 2019 » Our Step-by-Step Guide

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eToro is making it easier to load up your wallets with cryptocurrency. The company announced users of its standalone wallet – available for Android and iOS – can now buy crypto-assets directly from the app itself.

Starting today, all assets supported in the wallet – Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Stellar Lumens (XLM) – can be purchased directly within the app using a credit or a debit card.

“We believe that cryptoassets and the blockchain technology that underpins them will revolutionize global finance.

Buying Bitcoin on eToro is straightforward and quick, with easy account setup and a very intuitive interface that is simple to navigate. If you have not yet registered with eToro or if you have used the platform before, just not to buy Bitcoin, we will talk you through everything you need to know in our comprehensive guide on how to buy Bitcoin on eToro.

Founded in 2007, eToro is a reputable broker with well over a decade of experience and offers cryptocurrency trading as well as general forex trading, CFDs and trading in other financial instruments. The eToro exchange has its headquarters in Israel and is regulated in the UK by the Financial Conduct Authority (FCA).

In terms of security, there’s no compromise.

Cut through the crowded digital marketplace and work with a leading, regulated financial company. We provide a new kind of crypto experience, with an advanced exchange for the buying & selling of an ever-growing list of cryptoassets.

Driven by a powerful engine where your transactions are conducted in the blink of an eye, where high volume brings tight spreads and security need never be a concern, we welcome you to the future of digital exchanges.

A ‘stablecoin’ is a cryptocurrency that is pegged to a financial asset (e.g. gold — GOLDX, oil — OILX, US dollar — USDX).

* Limits are in USD.

The limits above are shown in GBP and EUR for convenience.
USD limits are:
Minimum transaction – $125
Maximum transaction – $10,000
Maximum daily limit – $20,000
Maximum monthly limit – $50,000

Crypto rate – actual market rate is determined by eToroX once the transaction is approved by Simplex.
While the payment is pending you may cancel it. To do so please open a ticket directly on Simplex website or use the Live Chat feature on the bottom right side of the Simplex.com website.

However, both have some pros and cons that make them wildly different in some aspects.

If you want to find out whether you should use eToro or Coinbase, then this guide is for you.

Since being founded in 2006, eToro has grown to become a multinational sensation, and now has operations in over 140 countries.

As a multi-asset brokerage, eToro allows users to trade thousands of financial instruments, including over a dozen cryptocurrencies. Based on the concept of social trading, eToro is designed to be accessible to new and seasoned traders alike.

On the other hand, frequently described as the biggest on-ramp for mainstream investors, Coinbase has garnered an impressive reputation since its launch in 2012.

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