If you’re looking to gain exposure to Bitcoin – you can invest in this top-rated cryptocurrency in less than 10 minutes via a trusted online broker.
In this guide, we clear the mist by showing you how to invest in Bitcoin with a low-cost and regulated brokerage site.
We also discuss whether Bitcoin represents a viable investment and what risks you need to consider before proceeding.
How to Invest in Bitcoin 2022 – Quick Guide
You can invest in Bitcoin right now via the SEC-regulated broker eToro – which allows you to get started with a minimum purchase of just $10.
Follow the steps below to buy Bitcoin with eToro:
- ✅Step 1: Open an Account: You will first need to register an account with eToro. This requires you to enter some personal information and contact details, and upload a copy of your ID.
- ?Step 2: Deposit Funds: US clients can deposit funds into their eToro account fee-free and from a minimum of just $10. Choose from an online bank transfer, Paypal, debit/credit card, or ACH.
- ?Step 3: Search for Bitcoin: In addition to cryptocurrencies, eToro hosts thousands of other financial instruments. As such, the easiest way to invest in Bitcoin is to enter ‘BTC’ into the search bar and click on ‘Trade’.
- ?Step 4: Invest in Bitcoin: You will now see an order box appear – simply enter the amount of money you would like to invest in Bitcoin and click on ‘Open Trade’ to confirm.
By following the quickfire guide above, you have just learned how to buy Bitcoin with an SEC-regulated broker in less than 10 minutes.
Keep on reading should you require a more in-depth walkthrough of the investment process.
Where to Invest in Bitcoin
It is important to assess the best place to invest in Bitcoin for your personal requirements.
For instance, some platforms are geared towards beginners, while others are more suited for large-scale investors that seek high-level trading tools.
With this in mind, when thinking about where to invest in Bitcoin – consider the selection of pre-vetted brokers reviewed below.
1. eToro – Overall Best Place to Invest in Bitcoin 2022
We used eToro as our example broker in the quickfire guide above, not least because this is the overall best place to invest in Bitcoin and buy cryptocurrency. Put simply, you can open a verified account in minutes at eToro and you only need to risk $10 to invest in Bitcoin in a safe and secure manner.
Payment types accepted at eToro include debit/credit cards issued by Visa and MasterCard, e-wallets like Paypal and Neteller, and traditional bank transfers. So whether you want to buy Bitcoin with PayPal, bank transfer, or any other method, the choice is yours.
Moreover, if you’re from the US, you won’t pay any deposit or withdrawal fees – regardless of which payment method you opt for. Once your account is funded in US dollars, eToro then allows you to invest in Bitcoin on a spread-only basis (from 0.75%).
Read full here
