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How to Buy Bitcoin in Jordan

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Based on its market capitalization and popularity, Bitcoin is the largest cryptocurrency in the crypto world. You can legally buy Bitcoin in Jordan, and it’s increasing in popularity as well.

If you want to buy Bitcoin in Jordan, the best way is to use a reliable and regulated online brokerage. This guide discusses a detailed guide to help you buy Bitcoin in Jordan within minutes.

List Of The Best Exchanges To Buy Bitcoin in Jordan: 

  • eToro – Best overall broker
  • Alvexo – Best for short therm traders
  • Capital.com – Trading without any commision
RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1eToroExcellent social trading features4.9 / 5Best overall brokerOfficial website
#2AlvexoTrade multiple cryptocurrencies without taking their ownership3.3 / 5Best for short term tradersOfficial website
#3Capital.comNo withdrawal or deposit fee and offers tight spreads4.7 / 5You can trade without paying any commission.Official website

Best Exchanges To Buy Bitcoin in Jordan in Overview:

01. eToro: Best Broker To Buy Bitcoin in Jordan

etoro-rating

Using eToro is your best bet if you want to buy Bitcoin in Jordan in a simple and cost-effective way. This online broker allows you to open your account within a matter of minutes, and the minimum deposit requirement is also just $200.eToro allows you to use credit/debit cards, online bank transfer, or e-wallets, including PayPal as your payment method. The minimum purchase requirement is $10, which is pretty low. 

Another great feature of eToro is that you won’t need to pay any deposit fee. There is a 0.75% spread that you need to pay while trading digital currencies, including Bitcoin in Jordan. Currently, the platform supports over 40 types of digital currencies, and you can buy Ethereum, XRP, Dogecoin, Litecoin, and more.

You can also invest in baskets of cryptocurrencies that the eToro team manages if you want to diversify your portfolio. Finally, if you like copy trading, you can perform it on this online broker with a minimum investment of $200.


02. Alvexo: Best Broker for Short-Term Traders

alvexo-rating

If you like short-term trading, a regulated and reliable CFD broker like Alvexo will suit you better to trade Bitcoin in Jordan. This online broker also supports multiple digital currencies, including Bitcoin. You can trade these digital currencies on Alvexo without taking their ownership through virtual contracts.

You can trade Bitcoin in Jordan using Alvexo against Ethereum, Litecoin, US dollar, and euro. The platform also allows you to apply leverage to your trading orders, and you can also trade Bitcoin by entering the market with a sell order. It means you can specify the least price point at which the system will automatically sell your tokens to minimize loss. On Alvexo, you can access contracts for differences in the form of commodities, stocks, indices, and forex.  


03. Capital.com: Broker With High Safety Measures

capital-com-rating

Capital.com is another reliable and regulated CFD broker that allows you to trade Bitcoin with leveraged Bitcoin markets. This online broker is regulated by CySEC, ASIC, FCA, and NBRB. It provides you with a safe and secure environment to trade Bitcoin CFDs in Jordan.
You don’t need to pay any commission to Capital.com to trade all the supported markets. It offers tight spreads and doesn’t have any withdrawal or deposit fees. The minimum deposit requirement is also very low, just $20 to deposit funds through e-wallets and debit and credit cards. But you’ll need to add $250 if you transfer money through bank wires.

Capital.com allows you to enter any supported market with a buy or sell order if you want to trade Bitcoin in Jordan with leverage. You can also use its app available on both iOS and Android to trade Bitcoin on the go and maintain your account in real-time.


How to Buy Bitcoin in Jordan – Quick Steps

You can use the quick steps listed below to buy Bitcoin in Jordan using eToro. Whether you’re involved in full-time trading or just beginning your journey…

Step 1: Open Your Trading Account
The first step is to open your trading account on eToro by providing your personal details, including name, contact, email address. eToro is a popular online broker offering brokerage and exchange services. It also requires you to provide proof of identity to verify your account.

Step 2: Add Money
Once you have registered and verified your eToro account, you’ll need to add money to buy Bitcoin in Jordan. According to the minimum deposit criteria, you need to add $200 to your account and use credit/debit cards, e-wallets like PayPal, and bank transfers to deposit funds.

Step 3: Buy Bitcoin
After adding money to your eToro account, write “BTC” in the search box and click on the “Trade” button. The system will ask you to enter the desired amount of money to buy Bitcoin, and then you’ll need to click on the “Open Trade” button to complete the buying process.

Note: $10 is the minimum amount of Bitcoin you can buy using your eToro account in Jordan.

Step 4: Store Your Bitcoin
Using a crypto wallet to store your Bitcoin is the best way to secure your tokens. Not only does it ensure security, but you’ll also have full control over your Bitcoin.

Read the information shared in the following section to know more about the process of buying Bitcoin in Jordan.

Where to Buy Bitcoin in Jordan?

You can buy Bitcoin in Jordan using multiple methods. We have listed the best ones in the following sections.

eToro – Most Effective Way to Buy Bitcoin in Jordan
Using eToro is your best bet if you want to buy Bitcoin in Jordan in a simple and cost-effective way. This online broker allows you to open your account within a matter of minutes, and the minimum deposit requirement is also just $200.

eToro allows you to use credit/debit cards, online bank transfer, or e-wallets, including PayPal as your payment method. The minimum purchase requirement is $10, which is pretty low. 

Another great feature of eToro is that you won’t need to pay any deposit fee. There is a 0.75% spread that you need to pay while trading digital currencies, including Bitcoin in Jordan. Currently, the platform supports over 40 types of digital currencies, and you can buy Ethereum, XRP, Dogecoin, Litecoin, and more.

You can also invest in baskets of cryptocurrencies that the eToro team manages if you want to diversify your portfolio. Finally, if you like copy trading, you can perform it on this online broker with a minimum investment of $200.

Alvexo – Trade Bitcoin with CFD Broker in Jordan
If you like short-term trading, a regulated and reliable CFD broker like Alvexo will suit you better to trade Bitcoin in Jordan. 

This online broker also supports multiple digital currencies, including Bitcoin. You can trade these digital currencies on Alvexo without taking their ownership through virtual contracts.

You can trade Bitcoin in Jordan using Alvexo against Ethereum, Litecoin, US dollar, and euro. The platform also allows you to apply leverage to your trading orders, and you can also trade Bitcoin by entering the market with a sell order. It means you can specify the least price point at which the system will automatically sell your tokens to minimize loss. On Alvexo, you can access contracts for differences in the form of commodities, stocks, indices, and forex.  

Capital.com – CFD Brokerage to Trade Bitcoin in Jordan
Capital.com is another reliable and regulated CFD broker that allows you to trade Bitcoin with leveraged Bitcoin markets. This online broker is regulated by CySEC, ASIC, FCA, and NBRB. It provides you with a safe and secure environment to trade Bitcoin CFDs in Jordan.

You don’t need to pay any commission to Capital.com to trade all the supported markets. It offers tight spreads and doesn’t have any withdrawal or deposit fees. The minimum deposit requirement is also very low, just $20 to deposit funds through e-wallets and debit and credit cards. But you’ll need to add $250 if you transfer money through bank wires.

Capital.com allows you to enter any supported market with a buy or sell order if you want to trade Bitcoin in Jordan with leverage. You can also use its app available on both iOS and Android to trade Bitcoin on the go and maintain your account in real-time.

Different Ways of Buying Bitcoin in Jordan

You can use multiple methods to buy and trade Bitcoin in Jordan. Each method comes with its own processing times and charges. The following are the best payment methods you can use to buy and trade Bitcoin in Jordan.

Buy Bitcoin with PayPal
PayPal is a fast and secure way to transfer funds to your trading account to buy Bitcoin in Jordan. If you have a trading account on eToro and use PayPal to transfer funds, you’ll need to pay just a 0.5% payment processing fee. 
It’s important to note that the minimum deposit requirement on eToro to buy Bitcoin is $200 in Jordan if you use PayPal.

Buy Bitcoin with Credit Card
There are online brokers available in the market that work with third-party services like Simplex to process payments. 
The payment processing fee on Simplex is up to 10%, which is very high. If you decide to buy Bitcoin or any other cryptocurrency using Coinbase, you’ll need to pay a 4% commission. You can avoid this high fee requirement by using eToro because it charges just 0.5% of the total amount of your order.

Buy Bitcoin with Neteller Or Skrill
Neteller and Skrill are e-wallets, and you can use them to buy Bitcoin in Jordan. They also charge less fee, and their payment processing is also fully secure. Both of these platforms process your transactions instantly, and just like PayPal, you’ll need to pay only 0.5% free to transfer funds.

Buy Bitcoin with Cash
It’s possible to buy Bitcoin in Jordan with cash. The process requires a little more work as you’ll need to find someone selling Bitcoin tokens locally. While you can find a good deal, buying bitcoin with cash is a time-consuming process.

Should I Buy Bitcoin in Jordan

Understanding the pros and cons of digital currencies is important if you want to buy Bitcoin. The following are the factors that you need to consider if you’re planning to buy Bitcoin in Jordan for the first time.

Continues to Outperform the Stock Markets

The traditional stock market offers very small returns as compared to the crypto market. For example, the NYSE Arca Tech 100 value has increased by 150%, and the NYSE Composite value has increased by 52% in the last five years. 

But the value of Bitcoin in the same amount of time has increased by 4,200%.

COVID and Inflation

COVID-19 pandemic has affected the traditional stock market a great deal, and it still hasn’t recovered its pre-COVID value. Inflation has also played a part that has further decreased the prices of the traditional stock market.

On the other hand, the value of one Bitcoin token was $6,000 in early 2020 when the pandemic started. After one year, the value of one Bitcoin token reached $68,000. So, it’s clear that pandemic and inflation didn’t affect its value, and it’s a suitable way to protect your investments.

Small Outlay Requirement

If you’re interested in Bitcoin, you can buy it with a very small amount of money. The minimum purchase requirement to buy it on eToro is just $10 per trade. The small outlay requirement also allows you to understand the behavior of this volatile asset without risking your capital.

Bitcoin Price

The price of Bitcoin decreased dramatically in January 2022 and reached $35,000. But now it’s increasing again, and currently (at the time of writing), it’s more than $39,000. It’s expected that it’ll continue increasing throughout 2022. Therefore, Bitcoin is a good investment at the current time.

You can find tons of online platforms that people use to trade Bitcoin and other digital currencies. Just like traditional stocks, buying and selling trends determine the value of Bitcoin. If more people invest money to buy it, its price will increase, and if more people sell it, its price will decrease.

Online brokers and crypto exchanges quote and trade Bitcoin value in US dollars, just like natural oil and gas. You can use Jordanian dinars to add funds to your eToro account. The platform will convert your Jordanian dinars to US dollars automatically.

Bitcoin Price Prediction

Crypto experts suggest that the value of one Bitcoin token will reach $100,000 by the end of 2022. It’s also argued that the cryptocurrency will experience a prolonged bearish run. 

The viewpoints are controversial, and it’s recommended that you perform your own research and avoid the price predictions found online.

How to Buy Bitcoin in Jordan – Tutorial

Read the following step-by-step process to understand the right method if you’re planning to buy Bitcoin in Jordan for the first time…

Step 1: Open Your Account
The first step is to open your browser, go to the official eToro website, and proceed to the sign-up page. Then, enter the required personal details like name, contact, email address and choose the desired username and password.

how-to-buy-bitcoin-in-jordan

Step 2: Complete Identity Verification
After registering your account, you’ll need to verify your identity. You’ll need to provide eToro with a photo of your driver’s license or passport. 

The online broker needs this information to comply with the anti-money laundering rules. eToro will remove the fund deposit restrictions once you have completed the verification process against your account.

Step 3: Add Funds
If you’re from Jordan, you’ll need to deposit at least $200 to your eToro account to meet the minimum deposit requirements. The online broker allows you to transfer funds using credit cards, debit cards, PayPal, Neteller, Skrill, or bank wire.

Step 4: Buy Bitcoin
The next step is to search Bitcoin by entering “BTC” in the search box and clicking on the “Trade” button. Then you’ll need to enter the desired amount ($10 minimum) and click on the “Open Trade” button to complete the process of buying Bitcoin.

buy-bitcoin-in-jordan

Conclusion

In this guide, we explained why it’s important to use a regulated and trusted online platform to buy Bitcoin in Jordan. We found that eToro is the best and cheapest online broker that requires a minimum stake of only $10. Not only can you use eToro to buy Bitcoin in Jordan, but you can also use it to store your tokens. Bear in mind that cryptocurrencies including Bitcoin are highly volatile and unregulated assets. 

FAQs

Is it legal to buy Bitcoin in Jordan?

Yes, you can legally buy and trade Bitcoin in Jordan.

Which Bitcoin wallet is best in Jordan?

eToro is the best online broker to buy Bitcoin in Jordan, and you can also use this platform as a wallet to store Bitcoin.

Which app can I use to buy Bitcoin in Jordan?

You can use the eToro app that’s available for both iOS and Android to buy and sell Bitcoin in Jordan.

Where can I sell Bitcoin in Jordan?

Not only can you buy Bitcoin using eToro, but you can also use this online broker to sell your Bitcoin tokens whenever you want.

How do I buy Bitcoin in Jordan?

First, you need to open a trading account on eToro and add funds. Then you need to search bitcoin and enter the desired amount of money to buy Bitcoin. After that, clicking on the “Open Trade” button will complete your Bitcoin order.

How to trade Bitcoin with leverage?

You can use reliable and regulated online CFD brokers such as Capital.com and eToro if you want to trade Bitcoin with leverage.

How to invest in Bitcoin in Jordan?

You can use eToro to invest in Bitcoin in Jordan, and you’ll also have ownership of your bought tokens, unlike Alvexo and Capital.com platforms that only offer virtual contracts.

How to purchase Bitcoin in Jordanian dinars?

eToro allows you to add Jordanian dinars to your trading account. You’ll need to pay just a 0.5% fee and the platform will convert your funds to US dollars automatically.


If you liked this article then also read:
How to buy Bitcoin in UAE and Dubai
How to Buy Bitcoin in Oman
How to buy Bitcoin in Kuwait
How to buy Bitcoin In Pakistan
How to buy Bitcoin in Saudi Arabia
How to buy Bitcoin in Israel
How to buy Bitcoin in Morocco

Methodology
Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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