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 Title: How to Buy Bitcoin on eToro App: A Step-by-Step Guide

Introduction:

Bitcoin, the world's leading cryptocurrency, has gained immense popularity as a digital asset and investment opportunity. If you're interested in buying Bitcoin, eToro is a reputable and user-friendly platform that allows you to purchase and trade cryptocurrencies. In this article, we will provide a step-by-step guide on how to buy Bitcoin on the eToro app, making it easier for beginners to start their cryptocurrency investment journey.

Step 1: Sign Up and Verify Your Account

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• Download the eToro app from your mobile app store and sign up for a new account.
• Complete the verification process by providing the required personal information and submitting the necessary identification documents.

Step 2: Fund Your Account

• After your account is verified, log in to the eToro app.
• Tap on the "Deposit Funds" option and choose your preferred payment method.
• Follow the prompts to link your bank account or add funds using a credit/debit card or other available payment methods.

Step 3: Search for Bitcoin

• Once your account is funded, navigate to the search bar within the eToro app.
• Type "Bitcoin" or "BTC" to find the Bitcoin trading pair.

Step 4: Place a Buy Order

• After selecting Bitcoin, you will be directed to the Bitcoin trading page.
• Tap on the "Trade" or "Buy" button to initiate a buy order.
• Specify the amount of Bitcoin you wish to purchase or the amount of fiat currency (e.g., USD, EUR) you want to spend on Bitcoin.

Step 5: Review and Confirm the Trade

• Before finalizing the trade, review the details of your buy order, including the current Bitcoin price and any associated fees.
• Take note of the transaction fees and ensure that you understand the total cost of the purchase.
• Once you are satisfied with the order details, tap on the "Open Trade" or "Confirm" button to execute the transaction.

Step 6: Monitor and Manage Your Bitcoin Holdings

• After your buy order is executed, you will see your Bitcoin holdings in your eToro portfolio.
• You can monitor the value of your Bitcoin investment and track market fluctuations within the eToro app.
• eToro also provides additional features such as setting stop-loss and take-profit orders to manage your investment risk.

Conclusion:

Buying Bitcoin on the eToro app is a straightforward process that allows you to participate in the cryptocurrency market. By following this step-by-step guide, you can start building your Bitcoin investment portfolio on eToro. Remember to conduct thorough research, understand the risks associated with cryptocurrency investments, and only invest what you can afford to lose. As with any investment, it is essential to stay informed and make informed decisions based on your financial goals and risk tolerance.