What are the fees associated with buying Bitcoin on eToro?

1 answers

• May 13, 2022 · 3 years ago
  BYDFi provides a comprehensive breakdown of the fees associated with buying Bitcoin on eToro. Firstly, there's a spread fee, which is the difference between the buy and sell prices of Bitcoin. This fee is how eToro generates revenue. Additionally, there's a withdrawal fee when you transfer your Bitcoin to an external wallet. The withdrawal fee depends on the amount you're withdrawing. Lastly, there's an overnight fee if you keep your Bitcoin position open overnight. This fee is calculated based on the size of your position and the current market conditions. It's important to stay informed about these fees by regularly checking eToro's fee schedule for any updates.
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