How To Buy Grayscale Bitcoin Trust (BTC) (GBTC) Stock

How To Buy GBTC

Grayscale Bitcoin Trust (BTC) (GBTC) is a common stock listed on the NYSE ARCA exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of GBTC.

1. Find a reliable broker.

   Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy Grayscale Bitcoin Trust (BTC) from:

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2. Fund your new account.

   You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

3. Search for GBTC.

   When your funds are settled into your account, look for Grayscale Bitcoin Trust (BTC) on your broker by searching for the company name: Grayscale Bitcoin Trust (BTC) or the ticker symbol: GBTC.

4. Buy the stock.

   Once that you've found Grayscale Bitcoin Trust (BTC) on your broker, submit a purchase order to buy shares of the stock (currently $55.78 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

   Once your order gets fulfilled, you've purchased your first shares of Grayscale Bitcoin Trust (BTC).

   Tips When Buying

   When submitting your order, you may choose to buy shares of Grayscale Bitcoin Trust (BTC) at the market price with a market order or at a set price using a limit order.

   • Market order: Buys the stock immediately at its current price.
   • Limit order: Buys the stock only once it reaches your target price.

   By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of GBTC at a specific price.

Should You Buy GBTC Stock Now?

In the past week the price per share of Grayscale Bitcoin Trust (BTC) has gone up ↑2.92 (5.52%) while the daily volume has decreased significantly. You should buy GBTC now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of GBTC when you feel the time is right.