If you are curious about how to buy bitcoin on eToro, this is the guide for you.

We will cover how to buy bitcoin on eToro step-by-step (with screenshots to guide you).

One thing that can be confusing for first time eToro buyers are the many payment methods offered by eToro.

But don’t worry. We cover those as well and help you decide which one if right for you!

Let’s get into it.

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Let’s get this out of the way, real quick.

Not everyone is allowed to have an eToro account. If you already have one, you can skip to Chapter 2 - “How to Buy Bitcoin eToro (Step-by-Step)”

If you don’t already have one, let’s just make sure your country is supported. If it is, we can also figure out which payment methods are supported for you on eToro.

The list below shows countries not supported by eToro. Please make sure your country is not listed before continuing on.

List of countries NOT supported by eToro:

If your country IS is on this list, it means you cannot get an eToro account. Try heading to our home page to find an exchange that you can buy Bitcoin on right now.

If your country IS NOT on this list, then continue on to chapter two to learn how to make Bitcoin purchases on eToro.

If you are unsure which payment method to use, I suggest skipping down to chapters 3 and onward to learn about each of the limitations and supported countries for each payment method.

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In this chapter, I will show you how to buy Bitcoin on eToro, step-by-step.

Making a Bitcoin purchase on eToro is the same for every kind of payment method, so in step three below, when you select your payment method, just choose the one you want. The pictures are just there as a guide so you know where to look for the dropdown.

Step-By-Step Guide to Buying Bitcoin on eToro

Step 1: Click ‘Deposit Funds’ on the bottom left side of your dashboard

Step 2: Set amount and fiat currency

Select the currency and total amount of that currency you plan to deposit into your eToro account.

Step 3: Select payment method from dropdown

Select your preferred payment method from the dropdown and then make sure all data looks good.

Note: If you do not see your preferred payment method in the screenshot above, don’t worry. Since I am in the US, I only see payments methods available to US account holders. Your options will probably appear different than mine, but the process is the same.

Step 4: Submit deposit

Select the “Submit” button at the bottom of the window.

Step 5: Go to Bitcoin trading page.

Head on over to ‘Trade Markets’ or the ‘Discover’ page. Depending on your region, your user interface may look slightly different than mine.

If you can’t find it, you can search the BTC ticker in the search bar at the top of the screen.

Step 6: Select ‘Buy’

At the top of the Bitcoin asset page, you will see a big green button that either says “Buy” or “Trade” (depending on your region). Click it.

Step 7: Input desired amount and Select ‘Open Trade’

Choose how much Bitcoin you want to buy then click the “Open Trade” button at the bottom.

And that’s it! You can see the transaction in your portfolio.

You now own Bitcoin and you purchased it through eToro!

Great job!

Now, if you haven’t already made your purchase, take a look the chapters below to get a better feel for all of the payment methods supported on eToro.

Every country is pretty different, so its good to be informed about your options, and the chapters below will tell you everything you need to know to make a decision.

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Skrill on eToro Summary

Buying Bitcoin on eToro using a Skrill allows you to purchase the Bitcoin instantly.

Supported currencies for Skrill: USD, GBP, and EUR.

Supported countries for Skrill: eToro will allow you to use Skrill to purchase Bitcoin as long as Skrill is supported in your country.

Single Purchase Maximum: equivalent of $10,000 USD.

Withdrawal: You can use Skrill to withdraw funds from the sale of Bitcoin.

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Paypal on eToro Summary

Buying Bitcoin on eToro using Paypal allows you to purchase the Bitcoin instantly.

Supported currencies for Paypal: USD, GBP, EUR, and AUD.

Supported countries for Paypal: eToro will allow you to use Paypal to purchase Bitcoin as long as Paypal is supported in your country AND you are not a US citizen. US citizens are not allowed to use PayPal to purchase on eToro even if they have a PayPal account. US citizens can, however, buy Bitcoin directly from PayPal.

The only other requirements for users who wish to use PayPal on eToro to purchase bitcoin is that you either have funds in your PayPal account or a linked credit or debit card.

Single Purchase Maximum: equivalent of $10,000 USD.

Withdrawal: You can use Paypal to withdraw funds from the sale of Bitcoin.

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Klarna/Sofort on eToro Summary

Buying Bitcoin on eToro using Klarna/Sofort allows you to purchase the Bitcoin instantly.

Supported currencies for Klarna/Sofort: EUR

Supported countries for Klarna/Sofort: eToro will allow you to use Klarna/Sofort to purchase Bitcoin in the following countries:

Users in these countries do not need to register an account with Klarna/Sofort. They only need access to their online bank accounts.

Single Purchase Maximum: equivalent of $30,000 USD.

Withdrawal: Unverified eToro account holders can withdraw funds using Klarna/Sofort, but they will be limited to a lifetime withdraw limit of $2,250. To increase this amount, users will need to verify their accounts with eToro by going through a more thorough KYC.

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Card Purchases on eToro Summary

Buying Bitcoin on eToro using a credit or debit card allows you to purchase the Bitcoin instantly.

Supported currencies for credit or debit cards: USD, GBP, EUR, and AUD.

Supported countries for credit or debit cards: All countries supported by eToro are allowed to use cards to make Bitcoin purchases.

Single Purchase Maximum: equivalent of $40,000 USD.

Withdrawal: You can use credit or debit cards to withdraw funds from the sale of Bitcoin.

Supported Cards: Visa, Mastercard, Visa Electron, and Visa Maestro.

Transactions will appear on your credit card statement as either Etoro or www.etoro.com. If you live in an EEA region, card transactions may require a separate authentication.

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Rapid Transfer on eToro Summary

Buying Bitcoin on eToro using Rapid Transfer allows you to purchase the Bitcoin instantly.

Supported currencies for Rapid Transfer: USD, GBP, and EUR.

Supported countries for Rapid Transfer: EEA countries.

Users in these countries do not need to register an account with Rapid Transfer. They only need access to their online bank accounts.

Single Purchase Maximum: equivalent of $10,000 USD.

Withdrawal: You cannot use Rapid Transfer to withdraw funds from the sale of Bitcoin.

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iDEAL on eToro Summary

Buying Bitcoin on eToro using iDEAL allows you to purchase the Bitcoin instantly.

Supported currencies for iDEAL: USD, GBP, EUR, and AUD.

Supported countries for iDEAL: The Netherlands only.

Users in The Netherlands do not need to register an account with Rapid Transfer. They only need access to their online bank accounts.

Single Purchase Maximum: equivalent of $50,000 USD.

Withdrawal: You can use iDEAL to withdraw funds from the sale of Bitcoin.

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Poli on eToro Summary

Buying Bitcoin on eToro using Poli allows you to purchase the Bitcoin instantly.

Supported currencies for Poli: AUD only.

Supported countries for Poli: Australia only.

Users in Australia do not need to register an account with Rapid Transfer. They only need access to their online bank accounts.

Single Purchase Maximum: equivalent of $70,000 USD.

Withdrawal: You can use Poli to withdraw funds from the sale of Bitcoin.

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Przelewy 24 on eToro Summary

Buying Bitcoin on eToro using Przelewy 24 allows you to purchase the Bitcoin instantly.

Supported currencies for Przelewy 24: PLN only.

Supported countries for Przelewy 24: Poland only.

Users in Poland do not need to register an account with Rapid Transfer. They only need access to their online bank accounts.

Single Purchase Maximum: equivalent of $11,500 USD.

Withdrawal: You can use Przelewy 24 to withdraw funds from the sale of Bitcoin.

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Bank Transfer on eToro Summary

Buying Bitcoin on eToro using Bank Transfer will take 4-7 days to settle.

Supported currencies for Bank Transfer: USD, GBP, and EUR

Supported countries for Bank Transfer: All countries supported by eToro can use bank transfer as a payment method.

Single Purchase Maximum: Unlimited

eToro notes that users who choose to use the bank transfer option should always note the bank transfer transaction ID on all deposits made into eToro to prevent delays in crediting funds to user’s accounts.

Withdrawal: You can use Bank Transfer to withdraw funds from the sale of Bitcoin.

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Trustly on eToro Summary

Buying Bitcoin on eToro using Trustly allows you to purchase the Bitcoin instantly.

Supported currencies for Trustly: EUR, GBPO, SEK, DKK, NOK, PLN, CZK

Supported countries for Trustly:

Users in these countries do not need to register an account with Trustly. They only need access to their online bank accounts.

Single Purchase Maximum: equivalent of $40,000 USD with a verified account. Users who have not fully verified will be limited to a lifetime deposit of $2,250 total.

Withdrawal: You cannot use Trustly to withdraw funds from the sale of Bitcoin.