![]() ![]() Risk management tools such as Stop Loss and Take Profit parameters to protect your investments.Real-time and free insights into the latest crypto market research & news.Custom Watchlist and stay informed with real-time updates.Advanced charts and analysis tools to follow Bitcoin trends.Offers a range of other services that make trading a more rewarding experience. In addition to a highly intuitive and easy-to-use platform and award-winning social trading features, eToro The fee minimum is $1, and the maximum is $100.Ĭheck eToro's site for the latest coin transfer fees. The transfer fees for cryptoassets like Bitcoin are calculated according to the size of the position.Īt the time of writing, the coin transfer fee for Bitcoin was 2% of the transaction size, with a minimum position amount of 0.007195 units. You can transfer, send, receive, buy and convert these currencies using your wallet. At the time of writing, the eToro Money wallet supported the following coins: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar, Tron, Cardano and XRP.There are also some transfer amount limits if you are a new eToro user: your remaining equity (total equity minus the transfer amount) must be equal to or greater than the total deposits made with certain payment methods.Check the list of countries where the service is available. Depending on your location, you may not be able to use the eToro Money wallet service.Only BUY (long) positions in Bitcoin (BTC) that are backed by real crypto (not CFDs) can be transferred to the eToro Money crypto wallet.Once your crypto, like Bitcoin, is transferred to your eToro Money crypto wallet, you can convert it to another crypto or send it elsewhere.Īlternatively, you can close your open Bitcoin position and request a withdrawal of funds in a currency like USD.Note that the process of transferring crypto from the trading platform to the wallet is one-way only. In other words, any crypto you transfer from the eToro platform to your wallet cannot be transferred back to the eToro trading platform.Your username and password for the eToro Money app will match your eToro trading account's login credentials. eToro Money works as an app that you can download to devices running on iOS and Android.Read our in-depth, step-by-step guide on how to transfer your crypto assets like Bitcoin to eToro Money, the requirements for successfully initiating a transfer and the fees associated with the transaction. ![]() Once you have bought Bitcoin on eToro, you can then withdraw or send these assets to eToro Money, an external crypto wallet, to securely store your coins until you are ready to sell it, spend it, or send it to a friend. This process is called ‘ Crypto Transfer’. How to transfer Bitcoin from eToro to wallet It’s enough however to log into your account to avoid having to pay this fee. Finally, keep in mind that eToro charges an inactivity fee of $10 per month after one year of inactivity.At the time of writing, the Bitcoin spread was 0.75%. The 1% fee is added to the market price, or in other words, to the bid-ask spread.When you close the position, the selling fee is adjusted to reflect the market price of the cryptoasset at that time. When you open a new position, you will see a “loss” – this is the fee, the 1% cost of buying Bitcoin, and the 1% expected cost of selling it.Cryptoasset prices are generally based on orders made on the crypto exchange operated by eToro X Limited (eToroX). The fee is included in the price the broker displays when you open and close a position.The most important charge you need calculate with when buying Bitcoin on eToro is 1% fee that the broker charges for buying or selling crypto. Prides itself as being a low-fee and transparent broker. All other positions are CFDs, that is, leveraged long positions and all short positions in Bitcoin.īelow we will guide you through the exact process of how to buy Bitcoin on eToro.ĮToro USA LCC does not offer CFDs, only real Crypto assets are available.Ĭryptoasset investing is highly volatile and unregulated in some EU countries. leverage is set to 1X, or one), you will buy real Bitcoin and not Bitcoin CFDs. This means that when you buy Bitcoin without any leverage (i.e. Note that all non-leveraged long positions in Bitcoin are traded as real assets. Once you are in possession of your cryptocurrency, you can then use the eToro wallet to securely store your coins until you are ready to sell it, spend it, or send it to a friend. It has a rich selection of crypto products where you can buy and sell the most popular cryptocurrencies such as Bitcoin (BTC), Ethereum, Bitcoin Cash, XRP, and more. Is a multi-asset brokerage and social trading platform based in the UK. ![]()
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