As of October 2024, eToro lets you buy bitcoin (BTC), ether (ETH) and Bitcoin Cash (BCH) through its investment platform.
But that’s all about to change.
eToro to cease crypto in US
On September 12, 2024, eToro announced that it had reached a settlement with the US Securities and Exchange Commission (SEC) after the SEC charged eToro with operating as an unregistered broker and unregistered clearing agency in connection with its crypto asset trading platform.(1), (2)
As a result, the only crypto assets that US customers can now buy on eToro are BTC, ETH and BCH — down from the 20-something coins it previously offered.
After March 11, 2025, you’ll only be able to close your BTC, ETH and BCH positions or transfer them to your eToro Money wallet.
Once you have an account, you can purchase BTC through eToro’s app or website and get started with as little as $10.
Following your purchase, the eToro Money crypto wallet is available to hold your BTC and a variety of crypto assets, from where you can also send coins to an external wallet. You may also keep your BTC on the eToro investment platform itself until March 11, 2025, at which time you’ll only be able to sell or transfer your coins.
How to buy bitcoin on the eToro app
Buying and selling cryptocurrencies through eToro is available through the eToro mobile app or by accessing your account via a web browser on your desktop and following a few simple steps.
Sign up for an eToro account. Navigate to the eToro website to sign up for an account and get a $15 bonus when you deposit $100.
Go to eToro’s Discover section. Select Discover to search for bitcoin.
Decide how much bitcoin to buy. Select Trade, and then enter a dollar amount or number of BTC units.
Select an order type. Choose between market order or limit order.
Purchase bitcoin. Select Buy to complete your order and purchase bitcoin.
eToro. Bitcoin. Take ownership of your crypto today
Enjoy $15 when you deposit $100 in your eToro account.
Buy bitcoin (BTC), Bitcoin Cash (BCH) and ether (ETH) from the eToro investment platform, and copy the crypto trades of other eToro investors in real time
Dedicated digital wallet to transfer, manage and securely hold your crypto
Secured. Insured. No history of hacks.
eToro crypto fees
eToro charges 1% for buying or selling crypto. Additionally, it charges a crypto-asset transfer fee and other account fees you should know about.
Inactivity fee$10 per month for accounts with no logins in the previous 12 months.
Type of fee
Fee details
Account opening fee
$0
Annual fee
$0
Minimum investment
$10
Crypto buy/sell fee
$1
Crypto transfer fee
2%
Account transfer fee
$75
Wire transfer out
$8 incoming; $25 outgoing
Pros and cons of buying bitcoin on eToro
Pros
Copy the crypto trades of other eToro users. eToro’s CopyTrader feature lets you automatically replicate the crypto trades of other users.
Accessible customer support. Contact eToro customer support by live chat, phone and email, with 24/7 availability.
Option for self-custody. Transfer crypto to the eToro Money crypto wallet and then to any external wallet.
Cons
Higher fees than some competitors. eToro charges a flat 1% buy/sell fee, which is higher than Robinhood’s markup of around 0.48% to buy and sell.
Limited crypto options. eToro currently only supports bitcoin (BTC), ether (ETH) and Bitcoin Cash (BCH).
Unavailable nationwide. eToro is unavailable in HI, MN, NV and NY.
Crypto on eToro is not insured. The crypto that you leave in eToro’s custody isn’t insured. If eToro goes insolvent or is hacked, you will have little recourse to retrieve your digital assets.
Quick look at eToro’s supported cryptocurrencies
As of October 2024, eToro only supports three cryptos.
Bitcoin was released in 2009 and it is known as the world’s first cryptocurrency utilizing blockchain technology.
Bitcoin Cash was released in 2017 as a hard-fork (copy) of bitcoin.
Ethereum was released in 2015 and has since brought thousands of software applications to the blockchain through the use of smart contracts.
How to sell Bitcoin on eToro
To sell cryptocurrency using either the app or web browser version of eToro:
Select the Portfolio icon from your account and select bitcoin.
Choose Sell all to close your entire position or select a specific position to sell.
Enter the amount you want to sell and select Next.
Select Sell all or Close trade.
Bottom line
Buying BTC or other cryptocurrencies on the eToro app is easy and convenient, but the transaction costs and transfer fees can add up.
If you want to learn more about eToro’s CopyTrader program or other features, we provide a comprehensive eToro review that examines the broker’s investment options, features, fees and more.
Frequently asked questions
How much does it cost to buy bitcoin on eToro?
You can buy bitcoin on eToro for as little as $10.
Is it safe to buy bitcoin on eToro?
It is generally safe to buy bitcoin on eToro, though it is more secure to store your eToro crypto in your personal eToro Money crypto wallet rather than your eToro investment account. According to eToro, your crypto wallet “is secured by advanced signature mechanisms and analytic behavior machine learning to provide … the best security possible and … to identify and prevent potential threats by malicious third parties.”
Matt Miczulski is an investments editor at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions.
Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University. See full bio
Matt's expertise
Matt has written 207 Finder guides across topics including:
Financial literacy is important, and you can set yourself up for success when buying Bitcoin, even as a beginner. Here are 4 things to make sure you don’t overlook when buying Bitcoin as a beginner.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
