Buy Bitcoin Stocks – 5 Best Bitcoin Stocks To Buy Right Now In 2021

Fact Checked by Gary McFarlane

Cryptocurrencies like Bitcoin have a speculative and volatile reputation. However, there is a way to gain exposure to this market without actually purchasing digital assets. Instead, you can invest in stocks that are directly or indirectly associated with Bitcoin.

In this guide, we discuss some of the best Bitcoin stocks and explain how you can buy shares of these companies using 0% commission online broker.

Table of Contents

#1 Broker to Buy Bitcoin Stocks – eToro

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$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

How to Buy Bitcoin Stocks – A Quick Guide For 2021

If you are a beginner, the process of investing might seem confusing at first. However, it can be pretty straightforward, especially with a newbie-friendly broker like eToro.

Here are five steps that explain how to buy Bitcoin stocks online:    

  • Step 1: Open an Account with eToro – You will need an account with eToro before you can invest in Bitcoin stocks. To do this, you can visit the broker’s website and find the ‘Join Now’ button to sign up. Next, enter your first and last name, email address, phone number, and other required details.
  • Step 2: Upload Your ID – As a regulated investment platform, eToro requires you to submit a copy of your ID. This process is automated, and you will be instantly notified when your documents have been verified by the broker.
  • Step 3: Deposit Funds – Proceed to make a deposit by choosing one of the accepted payment methods. This includes debit/credit cards, e-wallets, ACH, and bank wires. You only need to transfer $50 to get started.
  • Step 4: Search for Bitcoin Stock – Enter the name of your desired Bitcoin stock in the eToro search bar.
  • Step 5: Buy Bitcoin Stocks – After entering the amount you want to invest into your chosen Bitcoin stock, click on the ‘Open Trade’ button to confirm your investment.

Once you have completed your investment, you can head over to your eToro portfolio to track the performance of your Bitcoin stocks.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Bitcoin Stocks to Buy Now – List of the Best Bitcoin Stocks

Based on our research, here are the best Bitcoin stocks for your consideration:

  1. Coinbase – Overall Best Bitcoin Stock to Buy Now
  2. MicroStrategy – Best Bitcoin Stock With Cryptocurrency on its Balance Sheet
  3. Marathon Digital – Risky Bitcoin Stock with Huge Upside Potential
  4. Riot Blockchain – Leading Bitcoin Stock With Specialization in Mining
  5. Canaan – Growing Bitcoin Stock Involved in Mining Equipment

You can scroll down this page to find a detailed analysis of each of these Bitcoin stocks and their respective market performance.

How To Buy Bitcoin Stocks – Choose a Broker

Since you cannot buy Bitcoin stocks via a cryptocurrency exchange, you need to set up a brokerage account to make the investment. Below,  you will find a list of the best platforms for this purpose in the market right now.

  1. eToro – Overall Best Place to Buy Bitcoin Stocks
  2. Webull – Buy Bitcoin Stocks at 0% Commission
  3. E*TRADE – Good Broker for Long-Term Investments
  4. SoFi – Invest in Bitcoin Stocks via Fractional Shares
  5. Fidelity – Trusted US Brokerage With 7,000+ Stocks
  6. Robinhood – Great US-Based Broker for Beginners
  7. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
  8. Zacks Trade – Top Broker for Advanced Traders
  9. Interactive Brokers – Trade Bitcoin Stocks at 0% Commission
  10. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments

You can find reviews of these brokers further down in this guide. Nevertheless, you should do independent research to make sure that the provider is a good fit for your personal investment goals.

What are Bitcoin Stocks?

The cryptocurrency markets, including that of Bitcoin, experienced high levels of volatility in 2021. However, the general sentiment towards blockchain technology and auxiliary companies in this sector has become more constructive.

In other words, those who are skeptical about purchasing Bitcoin might consider investing in companies that are directly or indirectly associated with this industry. Such stocks allow you to capitalize on the market by alternative means, limiting your exposure and risk.

Some of the best Bitcoin stocks include:

  • Bitcoin mining companies
  • Companies that operate cryptocurrency exchange platforms
  • Companies that facilitate and support blockchain technology
  • Companies with direct investments in Bitcoin

In other words, you can buy stocks of companies that are linked to the Bitcoin market in some capacity and thus benefit from its growth. The rise of this cryptocurrency has led to an increase in the number of such businesses, providing more diverse and exciting opportunities for investors.

Best Bitcoin Stocks to Buy Now – Full Analysis

When it comes to picking the best Bitcoin stocks to invest in, the process requires a trained eye to spot the right opportunities – especially when considering the inherent volatility of the cryptocurrency markets.

With this in mind, our research team has compiled a list of investment options that might be of interest to you. However, you should take it upon yourself to research these Bitcoin stocks separately to understand more about the potential rewards and risks involved.

1. Coinbase – Overall Best Bitcoin Stock to Buy Now

Coinbase is a well-known cryptocurrency platform that allows users to buy, sell, and store digital assets. After nine years in the industry, the company initiated its IPO in April 2021. It currently offers its services to more than 70 million users across the world and is working towards making blockchain technology more accessible. That said, as a stock, Coinbase has been extremely volatile since its IPO, reflecting the wider cryptocurrency market.

The largest portion of this company’s revenue comes from digital currency transactions. As such, the general sentiment toward cryptocurrencies like Bitcoin will likely affect the share value of Coinbase. However, the platform’s plan to expand into areas such as NFTs and cold wallet storage somewhat provides scope for diversification and enhances its revenue growth.

Best bitcoin stocks Coinbase

Coinbase also offers an opportunity for investors to access the crypto space without requiring in-depth knowledge about the intricacies of Bitcoin and other blockchain networks. This can be advantageous to those who find the concept of digital assets complex. Moreover, Coinbase has an excellent relationship with financial regulators in the US. The company is also planning its international expansion and has already obtained licenses to launch its entry into the Asian and European markets.

All in all, Coinbase continues to be a leader in the cryptocurrency exchange space, making it one of the best Bitcoin stocks currently available. The company reinvests a portion of its profits towards making its exchange more attractive to global users and has been gaining more attention from institutional customers. Put otherwise, this firm is worth considering as a long-term investment, given that the market for digital assets, including that of Bitcoin, continues to grow.

67% of retail investor accounts lose money when trading CFDs with this provider.

2. MicroStrategy – Best Bitcoin Stock With Cryptocurrency on its Balance Sheet

MicroStrategy is primarily an enterprise business intelligence application provider. This company offers its services via both mobile and cloud-based platforms. So, what makes MicroStrategy one of the best Bitcoin stocks to consider? The main reason for this is that the firm has invested heavily in Bitcoin. It is, in fact, the world’s largest publicly traded corporate owner of this digital asset, and currently holds over 121,000 BTC coins.

Due to this close association, MicroStrategy is often considered a proxy for gaining exposure to cryptocurrency. The company has taken a strategy to invest in Bitcoin with the view of protecting its capital from inflation. In the past five years, MicroStrategy stocks have rallied over 200%. The stock has also showcased a pattern of increasing in value whenever the business buys more Bitcoin.

Best Bitcoin stocks MicroStrategy

MicroStrategy’s Bitcoin acquisition strategy has also earned it more clients in its business analytics segment. The company reported attracted revenue growth in 2021, with a 0.5% year-over-year increase when compared to that of 2020. In short, the firm is reaping benefits from both its connection to cryptocurrency as well as due to the market trends in business intelligence – which makes this one of the best bitcoin stocks to invest in right now.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. Marathon Digital – Risky Bitcoin Stock With Huge Upside Potential

Marathon Digital is a financial service that specializes in Bitcoin mining hardware. For those unaware, mining is a process by which cryptocurrency transactions are confirmed, and how new BTC coins are entered into circulation. This makes this one of the best Bitcoin stocks in terms of direct association with the digital asset and its market performance. Not only that, Marathon Digital receives payment in Bitcoin, which it then sells to bring in additional revenue.

Although based in Nevada, the firm carries out its operations on a global scale. Currently, it has a fleet of 30,000 miners that are active and functioning. The growth of this company is driven by its investment in mining machinery – with an aim to increase the speed and hash rate, thus making production more efficient. Moreover, Marathon Digital utilizes renewable energy providers to focus on sustainable Bitcoin mining.

Best Bitcoin Stocks Marathon Digital

It also has plans to be 100% carbon neutral in the upcoming years. In the previous year alone, the share value of Marathon Digital grew by over 240%. This is the case even though the firm posted a loss of over $45 million during the first few months of 2021. Moreover, as Marathon Digital continues to burn through cash flow to extend its mining fleet, it has a $650 million convertible debt on its balance sheet.

And recently, the SEC has issued a subpoena to Marathon Digital, relating to its deal with operators to build a data center in Hardin. All these factors make this Bitcoin stock a risky investment. At the same time, if the company manages to work through its current challenges, the upside potential on this Bitcoin stock could be huge.

67% of retail investor accounts lose money when trading CFDs with this provider.

4. Riot Blockchain – Leading Bitcoin Stock With Specialization in Mining

Riot Blockchain is yet another public Bitcoin mining enterprise based in the US. Previously, this firm was operating in the biotech sector before it started acquiring startups – such as Kairos Global Technology. And as such, it began investing in cryptocurrency mining. Although the market was initially skeptical of this transformation, it wasn’t long before the stock value of the company reacted positively.

Best Bitcoin stocks Riot Blockchain

In fact, the company noted significant revenue growth of over 1,700% year-over-year in 2021. During the same period, Riot Blockchain extended its mining fleet by acquiring Whitestone. It has also tripled its production of BTC coins. It has performed incredibly well in the past few years, gaining over 500% in the last half-decade alone – thus emerging as one of the best Bitcoin stocks in the current market.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Canaan – Growing Bitcoin Stock Involved in Mining Equipment

Headquartered in China, Canaan is a manufacturer of computer hardware solutions. The company also designs and manufactures Bitcoin mining equipment. Canaan is mainly known for inventing the first ASIC-powered equipment in this space, which has given it a strong presence in the market. At the time of writing, this Bitcoin stock is trading at just $5.45 per share, making it an affordable option for investors.

Best Bitcoin stock Caanan Creative

As the price of Bitcoin rises, so has the demand for Canaan’s mining solutions. This suggests that if the value of this digital asset is to climb, the stock will also see gains in the future. At the same time, investors should also bear in mind that the firm could see a decline if the cryptocurrency markets lose ground. This makes Canaan a risky investment, but one with huge upside potential.

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Bitcoin Stocks for my Portfolio?

When choosing the best Bitcoin stocks to invest in, you should make it a point to study your potential opportunities carefully. While the companies we listed above might seem attractive to many, they might not be the right fit for you based on your goals or risk appetite.

If you are in need of some help starting the research process, here are some points to keep in mind when searching for the best Bitcoin stocks.

Bitcoin Market

Since these companies have a correlation with Bitcoin, you should first understand how the market for this digital asset works. Not only that, you should have a clear understanding of what factors can affect the price of Bitcoin in the future. For instance, MicroStrategy has a direct investment in this cryptocurrency. Meaning, if the value of this cryptocurrency is to fall, this might impact the performance of this firm.

Best Bitcoin Stocks Bitcoin chart

Similarly, the stock value of Marathon Digital and Riot Blockchain are also directly impacted by the market sentiment towards Bitcoin. On the other hand, Coinbase makes its profits from transactions of not only Bitcoin but dozens of other cryptocurrencies. As such, you are also diversifying your risk into multiple digital assets, and not solely in Bitcoin.

Performance in Comparison to the Wider Market

As with any other company, you should also make sure to research the Bitcoin stock in detail before making an investment. This requires you to evaluate how it has performed when compared to the wider markets.

For instance:

  • Bitcoin mining hardware manufacturer Canaan witnessed an increase in its stock value by over 45% in the past year. On the other hand, the NASDAQ exchange demonstrated growth of only 21% during the same time.
  • Similarly, Riot Blockchain gained nearly 100% whereas in comparison, the exchange it was listed on, the NYSE, grew by 48% over the course of the same year.

This gives you a better measure of how a company is performing in relation to the rest of the market, and as such, whether or not it is a fit for your portfolio. You should also remember that these stocks, as with Bitcoin, can also be extremely volatile.

Earnings Growth

Another indicator of a company’s stability is its profit growth. In particular, small and regular growth spread across a longer period can be a positive sign of a good Bitcoin stock.

  • Earnings growth and the stock value also have to go hand-in-hand.
  • Therefore, you should go through the company’s financial reporting and balance sheet.
  • You can examine earnings growth on a quarter-over-quarter and on an annual basis.

Companies that report growing earnings tend to have stable finances and operations, which will be reflected in their stock value. That said, with volatility in the Bitcoin market, you should also consider what firms are doing to boost their revenue and how they are strategizing for the future.

Where to Buy Bitcoin Stocks – Full Broker Reviews

Buying Bitcoin stocks can be a hassle if you do not have an account with the right online broker to facilitate your investments.

Although there are countless options available, you need a provider that can give you easy access to your desired markets without having to pay hefty fees or compromising on safety.

Below you will find a selection of top-rated investment platforms that give you access to the best Bitcoin stocks discussed on this page.

1. eToro – Overall Best Place to Buy Bitcoin Stocks

bitcoin today

Our research team found that eToro is one of the best brokers in the online space to buy Bitcoin stocks. This zero-commission investment platform gives you access to thousands of companies listed on both the NYSE and NASDAQ. Additionally, you will also find it easy to invest in foreign exchanges across Europe, the Middle East, Asia, and more. Altogether, eToro offers its services to over 20 million clients across the world.

We particularly like eToro because it allows you to buy Bitcoin stocks from just $10. Moreover, you can also directly purchase  BTC coins using this platform, with the same minimum trade size. This makes the broker a good option for newbies looking to limit their market exposure. You can also copy the positions of experienced traders to benefit from a passive investment experience.

etoro copy portfolio

eToro offers a simple onboarding process, one that only takes less than five minutes from start to finish. You can choose between debit cards, bank wires, PayPal, or Skrill to fund your account. You only need to meet the minimum deposit size of $50. And there are no fees for clients to make transfers in USD. Most importantly, eToro is also one of the safest brokers you will come across. This is because the provider operates under the regulation of the SEC, FCA, CySEC, and ASIC.

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • Supports debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy Bitcoin Stocks at 0% Commission

webull review

Webull provides you with a fully customizable and advanced trading platform through which where you can access charts, get alerts for the best Bitcoin stocks, and place orders. The broker is a member of FINRA and allows you to purchase shares of companies listed on the NYSE and NASDAQ. We also like Webull because it offers a user-friendly interface, and this doesn’t come at the expense of screeners or charting tools.

webull review

Moreover, Webull does not require you to meet any minimum balance to create an account. You can buy fractional shares of the best Bitcoin stocks without having to pay any commissions. The broker also facilitates investments into ETFs, cryptocurrencies, and options via its trading platform. While you can deposit funds using a bank wire or ACH, debit/credit card payments are not supported.

Pros

  • Thousands of US-listed stocks
  • 0% commission trading
  • Also supports ETFs and stock options
  • No minimum deposit

Cons

  • No support for debit/credit card deposits
  • Very limited selection of non-US stocks
  • Spreads can be somewhat high
  • Wire transfer withdrawals cost $25 per transaction

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

3. E*TRADE – Good Broker for Long-Term Investments

E*TRADE review

E*Trade gives you the opportunity to buy Bitcoin stocks via its self-directed trading accounts that require no minimum deposits. You can place zero-commission trades on not only US-based companies but also ETFs and options. You can also purchase shares of foreign firms through its OTC platform, albeit, the list of international exchanges accessible is quite narrow. Apart from the self-directed account, E*Trade users can also invest in managed portfolios.

E*TRADE review

However, these come with a higher minimum deposit requirement depending on the plan you choose. Funding your account can be done through a bank transfer, or by depositing a check. When it comes to researching the best Bitcoin stocks to buy, you have access to plenty of data from third-party resources such as TipRanks, MorningStar, Thomson Reuters, and others.

Pros

  • Great for long-term investments
  • Supports a variety of retirement accounts
  • Low fees  

Cons

  • Very limited number of non-US stocks     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. SoFi – Invest in Bitcoin Stocks via Fractional Shares

SoFi invest review

SoFi is another zero-commission broker that allows you to engage in fractional ownership of the best Bitcoin stocks. This platform is geared more towards investors who are just commencing their investment journey. The interface is extremely user-friendly and allows you to purchase shares of your chosen company from just $5, making it an affordable provider for those sticking to a tight budget. This small minimum trade size extends to ETFs also.

SoFi invest review

Another aspect you should know about SoFi is that this platform allows you to set up managed portfolios. These are built based on your specific parameters, such as your risk exposure, goals, and the duration of your investments. SoFi also integrated other financial services, such as retirement accounts, personal loans, credit cards, and such. In addition to this, SoFi also allows you to buy cryptocurrency.

Pros

  • Supports fractional shares
  • Offers stocks, ETFs, and crypto
  • Access to IPOs 

Cons

  • Trading platform comes with limited features
  • No copy trading tools
  • Number of supported assets is somewhat limited

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Fidelity – Trusted US Brokerage With 7,000+ Stocks

fidelity review

Fidelity is a popular broker that offers a wide range of products for you to invest in. The platform currently lists over 7,000 companies across both domestic and international exchanges. However, only US-based equities are available on a 0% commission basis. Those looking to buy Bitcoin stocks with a small amount of money will also find this provider appealing because the minimum trade size requirement is just $1.

As we mentioned, non-US stocks are also available on Fidelity, but these come at a premium commission. Other investment products include mutual funds, ETFs, options, fixed income instruments, bonds, and more. You will also find plenty of high-level research tools and can access real-time market news directly through the platform. Fidelity also offers additional services such as financial advice, robo investing, and wealth management.

Pros

  • Trusted US-based brokerage
  • $0 commission on US stocks and ETFs
  • Stock Slice tool allows fractional investments of $1 

Cons

  • Perhaps too complex for newbies
  • Non-US assets come with high fees  

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Robinhood – Great US-Based Broker for Beginners

robinhood review

Robinhood is an attractive option for those who are completely new to the concept of investing. This broker is one of the most beginner-friendly platforms and integrates a plethora of educational resources for you to buy Bitcoin stocks without hassle. It also allows you to trade thousands of US-listed companies on a zero-commission basis.

robinhood review

Furthermore, Robinhood allows you to buy stocks via IPOs and offers full support for fractional shares. This is without having to meet any minimum account balances or special status requirements. You can also invest in gold, cryptocurrencies, options, and access cash management support via this platform. However, a gold subscription is necessary if you want to make an instant transfer of over $1,000 through a single transaction.

Pros

  • No commissions charged
  • Offers US-based stocks, ETFs, and options
  • No minimum deposit
  • Very user-friendly

Cons

  • Spreads can be uncompetitive
  • No support for e-wallets or debit cards
  • No foreign stocks

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

7. Merrill Edge – Online Brokerage With a Variety of Investment Accounts

Merrill Edge review

Merrill Edge is popular among investors for providing access to award-winning market research tools and insights. That said, to open an account with this platform, you do not need to make any minimum deposit. Moreover, commissions are not charged for US-listed stocks and ETFs. However, you should bear in mind that fractional shares are not a feature supported by this provider.

Merrill Edge review

Apart from buying the best Bitcoin stocks, you can use Merrill Edge to invest in bonds, mutual funds, and ETFs. In addition to this, Merrill Edge also offers financial guidance and excellent customer support in close association with the Bank of America. You can also access expert advice by creating an account with a minimum deposit of $20,000 or choose an automated portfolio available from $1,000.  

Pros

  • Several account types to choose from
  • Self-directing accounts offer 0% commission stocks
  • ETFs, mutual funds, and bonds also supported 

Cons

  • Financial advisory accounts require minimum investment of $20,000
  • No direct fractional share purchases    

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Zacks Trade – Top Broker for Advanced Traders

zacks trade review

Zacks Trade comes with a robust trading platform that caters to seasoned investors who seek advanced tools. This provider is a part of LBMZ Securities, a financial firm that is regulated by the SEC and holds membership with FINRA.  This broker supports an extensive selection of equities and ETFs while offering competitive margin rates across all supported markets.

zacks trade review

However, the catch is that the broker charges a penny-a-share commission to buy Bitcoin stocks. Moreover, Zacks Trade is not suitable for beginners, as the features and analytical tools can be quite overwhelming for the untrained eye. There is also a high minimum deposit recommendation, set at $2,500. In addition to this, the platform does not give you access to forex or cryptocurrencies.

Pros

  • Advanced trading platform
  • Huge research and analysis department
  • Great for seasoned traders

Cons

  • Too complex for beginners
  • Cheaper trading fees available elsewhere
  • Minimum deposit required is $2,500

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

9. Interactive Brokers – Trade Bitcoin Stocks at 0% Commission

Interactive Brokers

Interactive Brokers is another subdivision of LBMZ Securities and offers several features similar to that of Zacks Trade. This means that the provider presents highly professional and powerful features for investors to buy Bitcoin stocks. The broker also gives you access to companies available on foreign exchanges across 33 countries. However, 0% commission is supported only for US-based equities.

Interactive Brokers

Another significant advantage is that IBKR is regulated in several countries, including the US, Canada, Australia, Hong Kong, and the UK. Moreover, the broker integrates a full suite of research tools for you to decide which are the best Bitcoin stocks for your investing style. However, the number of payment methods supported is narrow – with the broker only accepting ACH, bank wires, and check deposits.

Pros

  • Thousands of investments across 135 markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees only offered on US-listed stocks
  • Too complicated for beginners 
  • Debit card deposits and withdrawals not available     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

10. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments

Ally Invest review

Last on our list of providers to buy Bitcoin stocks is Ally Invest, the brokerage constituent of the Ally Financial holding company. Now, this gives you the advantage of being able to seamlessly transfer your funds between investment and banking accounts. It also gives you the option to access other services such as loans, and personal wealth management through a single platform.

ally invest review

As a broker, Ally Invest allows you to choose between self-directed trading and robo portfolios. You can buy US-listed equities and ETFs on a zero commission basis and do not have to meet any account minimums. Deposits are also fee-free, however, fractional shares are not available. Other than that, Ally Invest also features a dividend reinvestment program, which allows you to reinvest your quarterly payments back into the same stock.

Pros

  • Access banking and investment services via a single platform
  • $0 commission stocks and ETFs
  • No minimum deposit

Cons

  • Does not offer international shares
  • Tools and research features very limited   

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Bitcoin Stocks – Detailed & Explained in Full

Learning how to buy Bitcoin stocks can be easy, given that you have the right online broker by your side. To show you how simple the process is, here we explain each step in detail below – using eToro for this example.

As mentioned earlier, this provider gives you easy access to the best Bitcoin stocks from just $10, and on a zero-commission basis.

Step 1: Open a Broker Account

To get started on eToro, you need to first create a brokerage account with the platform. You can find the signup box by clicking the ‘Join Now’ button on the eToro homepage. You can then proceed to fill in your personal details as prompted ( as you can see in the image below).

how to join etoro

Next, you have to verify your identity to access the full features of eToro. This is a part of the regulatory guidelines the broker has to follow. Meaning, you have to attach a copy of your driver’s license or passport.

You will also have to provide a utility bill or a bank statement issued within the previous three months as proof of address. Given your documents are in order, eToro verifies them instantly and you will be able to access your account right away.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

You now need to make a deposit into your account to buy Bitcoin stocks. eToro offers you a variety of payment methods to choose from, including ACH, and e-wallets like Neteller and PayPal. You can also use debit/credit cards issued by both Visa and MasterCard to make an instant transfer.

Deposit Funds

On eToro, the minimum deposit is set at $50. If you are funding your account in US dollars, then there are no deposit fees charged.

Step 3: Search for Bitcoin Stocks

When you have set up and funded your brokerage account, you can dive into the business of choosing the best Bitcoin stocks to invest in. If you do not already have a company in mind, a good place to start would be the ‘Discover’ tab – where you will find the many stocks supported by eToro.

How to buy Bitcoin stocks

On the other hand, those who already know which Bitcoin stock to buy can use the search bar at the top of the eToro webpage. In the image above, we are searching for MicroStrategy.

Step 4: Buy Bitcoin Stocks

It’s finally time to make your investment. In the order box, fill in the amount you want to invest in your chosen Bitcoin stock. In our example, we want to buy $100 worth of MicroStrategy shares at the current market rate.

buy bitcoin stocks at eToro

Once you have filled in all the relevant details, you can click on ‘Open Trade’ to complete the purchase.  Bear in mind that on eToro you can buy Bitcoin stocks from $10 or more.

How to Buy Bitcoin Stocks – Conclusion

Bitcoin is already working its way towards mainstream adoption. However, the complexity associated with the cryptocurrency arena makes many investors hesitate about investing money into this asset class.

If you want to limit your exposure but still capitalize on this market, the Bitcoin stocks we discussed in this guide potentially offer a great alternative. Moreover, with a broker like eToro, you can now buy Bitcoin stocks from only $10.

You also can make the investment without paying any commission, and through a beginner-friendly interface in less than five minutes.

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.