![]() ![]() On eToro, each trade is linked to the original funding method (unless you withdraw to the eToro Money wallet). The price you see displayed in the trade confirmation is the price you pay, fees included. While trading fees on eToro are higher than some other exchanges, like Coinbase’s Advanced Trading, I didn’t have to do any math or decipher cryptic fee tables. Whether you’re trading crypto or stocks, eToro charges a flat fee of 1% for both market and limit orders. But in the US, I couldn’t buy these three cryptocurrencies. For example, eToro supports XRP (Ripple), TRX (Tron), and ADA (Cardano) withdrawals to the eToro Money wallet. Outside the US, more cryptocurrencies may be available. I counted 26 tradable cryptocurrencies in my region (US). But the exchange does offer many of the most common crypto assets and a few surprises, like MANA, the Decentraland metaverse token. eToro Number Of CryptocurrenciesĮToro displays an impressive number of cryptocurrencies, most of which I couldn’t actually buy. Once I set up my automatic deposit, I logged on to eToro to purchase crypto manually. eToro won’t complete the purchase for you, just the deposit. The others are Coinbase and Gemini.ĮToro lets you deposit funds automatically on a fixed schedule, which differs from the Auto Buy feature found on other exchanges. Recently, eToro added support for PayPal, making it one of three US-based crypto exchanges I’ve found to do so. Note: There’s currently no way to transfer crypto to eToro from another wallet or exchange. Bank accounts use Trustly to connect, and I was set up in seconds. The exchange supports bank accounts (ACH transfers) and debit cards, as well as wire transfers from your bank. ![]() FundingĪdding funds to my account was a surprisingly easy experience with eToro. I set up my account months ago but didn’t do much exploring on the exchange – until now. I don’t recall any trouble getting started on eToro. Expect to provide a photo ID, such as a driver’s license or passport, as well as proof of address, like a utility bill. Account SetupĮToro offers both stocks and crypto, so they’ll need to know who you are to meet regulations. Here’s my hands-on review of the web UI, mobile app, and the eToro Money crypto wallet (mobile only) from a crypto trading perspective. eToro supports transfers to a dedicated mobile wallet, but only for a handful of crypto assets. The bad news is that most of the cryptocurrencies you can buy on eToro, stay on eToro, much like things that happen in Vegas. More good news: eToro takes PayPal, too, with no fees for deposit or withdrawal. The good news is that eToro offers a clean, easy-to-navigate crypto buying experience that’s inviting to newcomers. I took eToro for a test drive to see how it compares to other exchanges, which features worked well, and which didn’t. Move select crypto assets off the exchange to eToro’s wallet, which supports external payments. Make trades or do research on the go with eToro’s full-featured mobile app. eToro Notable Features Copy Tradingįilter traders by performance and risk level and copy their trades.Įxperiment with a $100,000 virtual wallet before putting real money at risk. The exchange brings some innovative features, including the ability to copy the moves of other traders and test your trades in a virtual portfolio. EToro is a multi-purpose exchange where you can buy and sell stocks, crypto, ETFs, or options. ![]()
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