How to Buy Ethereum on eToro – Comprehensive Guide
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If you want to buy Ethereum on eToro, here’s the short version: sign up, verify your account, add funds, search for Ethereum (ETH), and place a buy order. In early 2026, Ethereum remains the second-largest cryptocurrency, trading around $2,341.09, with activity surging after its Dencun upgrade lowered rollup fees and boosted DeFi adoption.
This guide walks you through the full process step-by-step and explains why so many investors use eToro to buy Ethereum. The platform’s simple layout, low entry barrier, and built-in social trading tools make it one of the easiest ways to start owning ETH safely.
How to Buy Ethereum (ETH) on eToro in 5 Steps
Buying Ethereum on eToro follows a simple flow: create an account, complete identity checks, add funds, place your ETH order, and optionally move ETH to the eToro Wallet if you want separate storage. The key is to review fees, choose the right order type, and understand what happens if you transfer to the wallet.
- Open an eToro account: Go to eToro, click Join eToro, enter your email, pick a username, add basic personal details, and set up two-factor authentication with your phone number.
- Complete KYC: Upload a government ID (passport or driver’s license) and proof of address (utility bill or bank statement).
- Make a deposit: Fund your account via bank transfer, card, or e-wallets like PayPal/Skrill/Neteller (availability depends on region). Minimum deposit can start around $50. Deposit in your bank’s currency to reduce conversion fees.
- Place an Ethereum order: Search Ethereum or ETH, click Trade, enter the amount, choose market or limit order, review price and fees, and set optional stop-loss/take-profit. Click Open Trade to buy.
- Set up the eToro Wallet (Optional): Download the eToro Wallet app (iOS/Android) and create the wallet if you want to store and manage ETH outside the trading app.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 min to learn more here.
Step-by-Step Guide to Buying Ethereum on eToro
For seasoned investors or those new to the world of crypto, learning how to buy Ethereum on eToro is a straightforward process that can be broken down into a few simple steps:
Step 1: Opening an eToro Account
The first step in buying eToro Ethereum is to create an account on the platform. eToro’s registration process is simple and can be completed in minutes. To begin, head to the eToro website and click on the “Join eToro” button.
You’ll then be prompted to provide an email address and choose a username. Following this, eToro will ask for some personal information, like name and address. eToro also employs two-factor authentication for account security – so you’ll be asked to provide a mobile number for verification.
Step 2: Completing KYC (Know Your Customer)
To comply with regulatory requirements, eToro requires all new users to complete the Know Your Customer (KYC) process. This process involves verifying your identity by uploading a copy of a government-issued photo ID, such as a driver’s license or passport. You’ll also have to provide proof of address by submitting a recent utility bill or bank statement.
Step 3: Making a Deposit
Once your account is verified, the next step is to make a deposit. eToro supports various payment methods, including bank transfers, credit/debit cards, and e-wallets like PayPal, Skrill, or Neteller (availability may vary by region). Credit Cards and PayPal are not available for users under UK/ FCA regulation.
The minimum deposit amount starts from $50 (depending on the user’s region). However, many investors opt to deposit more than $50 to allow flexibility for future investing and trading fees. To save on conversion fees, ensure you deposit and withdraw funds in the same currency as your bank account (EUR, GBP, or USD).
Step 4: Placing an Ethereum Order
With funds now in your account, you can proceed to buy Ethereum. Use the search bar to search for “Ethereum” or “ETH,” and click on the “Trade” button. This will open the order window where you can enter the amount of ETH you’d like to purchase, designated in dollar terms. eToro supports both market orders (immediate execution) and limit orders (execution at a specific price).
Review the order details carefully, including the investment size, ETH price, and any applicable fees. You can also set a stop-loss and take-profit level if you wish. Once you’re ready, click “Open Trade” to execute the order.
In addition to buying Ethereum, the platform has advanced filters that allow you to search assets by UCITS, dividend yield, asset class, sector, or price movements.
Step 5: Optional Setup of eToro Ethereum Wallet
After you buy Ethereum on eToro, you can choose to store your ETH in the eToro Wallet. This is a separate app that allows you to securely store and manage your cryptocurrencies outside of the main eToro trading platform.
To set up the eToro Wallet, you can manually initiate a transfer from your eToro trading account or download the eToro Wallet app to create a new wallet. The eToro Wallet app is available on both iOS and Android devices.
Transferring Ethereum to eToro Wallet
If you decide to use the eToro wallet, you can easily transfer your ETH holdings. This process can be started by heading to the “Portfolio” section of your eToro account. Once there, select the ETH trade you wish to transfer and click “Transfer to Wallet.”
As one of the best crypto wallets on the market, the eToro Wallet allows you to send your ETH holdings elsewhere if you wish. However, it’s important to note that there’s currently no way to transfer your ETH back to the main eToro platform once it’s in the eToro Wallet.
Why Choose eToro for Ethereum Investing?
When considering the Ethereum eToro process, several key factors stand out, making it a popular option for crypto traders worldwide. These include:
User-Friendly Platform for Beginners
One of the main reasons why investors choose to buy Ethereum on eToro is its user-friendly platform, designed with newcomers in mind. Unlike many crypto exchanges that can be overwhelming for novices, eToro features a simplified, intuitive interface.
This means even those with limited crypto knowledge can navigate the platform easily and participate in ETH investing. The platform’s clean layout and clear instructions reduce the learning curve for beginners – and eToro even has a library of educational content called “eToro Academy” to help new investors get up to speed quickly. It provides free trading courses for both beginners and advanced traders.
In addition to Ethereum, eToro offers a diverse range of investment options, including over 100 cryptos, 5,500+ stocks, and 680+ ETFs. This makes it a one-stop solution for investors looking to diversify their portfolios.
Investment Diversification Options
Another reason investors choose eToro for ETH investing is its comprehensive range of investment options. This means users can construct well-rounded portfolios with ease.
Why is diversification important?
Diversification is crucial in investing because it helps mitigate risk by spreading your capital across different asset classes, sectors, and investments. As outlined in an article from Bankrate, a well-diversified portfolio can reduce risk while not sacrificing returns. Additionally, diversification allows investors to take advantage of varying market conditions and opportunities that may arise.
In the United States alone, eToro users can access over 3,000 tradable stocks, covering a wide range of industries, as well as over 300 exchange-traded funds (ETFs). When trading cryptocurrencies, US traders can only trade 3 assets – Bitcoin, Bitcoin Cash, and Ethereum.
For investors outside the US, eToro further expands its offerings to include currencies, commodities, options trading, and more. Ultimately, this extensive range of assets enables users to easily diversify their portfolios, mitigating risk through exposure to different asset classes.
Automated Trading Tools and Features
Those wondering how to buy Ethereum on eToro may also find the platform’s suite of trading tools and features appealing. One such feature is CopyTrader, which allows users to replicate the trades of successful crypto investors on the platform automatically.
By using CopyTrader, beginners or those lacking time for in-depth market analysis can easily benefit from the expertise of others. Moreover, CopyTrader removes the need to develop trading strategies from scratch.
Additionally, eToro’s charting tools and customizable watchlists equip users with the resources to make well-informed trading decisions. Furthermore, eToro offers a free demo account, allowing new traders to practice and test their skills with virtual funds before investing in real crypto.
Fractional Investing and Low Minimums
Investors looking to get rich off crypto may be interested in fractional investing. Fractional investing allows users to buy “fractions” of an ETH token, even if they don’t have enough capital to purchase the whole token.
This flexibility means users can start small and gradually scale their positions. Additionally, with a minimum deposit of just $50 (depending on your region), eToro makes Ethereum investing accessible to a wide range of individuals – regardless of their income level.
How Do The Trading Fees on eToro Work?
When buying eToro Ethereum, it’s essential to understand the platform’s fee structure. eToro charges a flat 1% fee for all crypto trades, including Ethereum purchases. This fee is added to the market spread, which is the difference between ETH’s buy and sell price.
The spread varies depending on market conditions and is not imposed by eToro. For example, if the existing market situation includes buy orders for ETH at $3,620 and sell orders at $3,630, the spread would be $10 – or 0.28%.
To estimate the total cost of an Ethereum purchase, investors must consider both the spread and the 1% eToro fee. Let’s assume an investment of $500 in Ethereum. Using the example above with the $10 spread (0.28%), here’s how to calculate the fee:
- eToro Fee: 1% of $500 = $5
- Spread: 0.28% of $500 = $1.40
- Total Cost: eToro Fee + Spread = $5 + $1.40 = $6.40
In this example, the total cost of purchasing $500 worth of ETH on eToro would be $6,40. Consequently, your position will initially be in the red since the price of ETH will need to rise slightly to break even (after considering fees).
Deposit, Withdrawal, and Trading Fees
eToro’s fee structure for depositing, withdrawing, and trading depends on the asset. Deposits in USD are free, but deposits in other currencies may be subject to conversion fees. Please note that For GBP and EUR accounts, eToro has removed withdrawal fees, making the platform even more cost-efficient for UK and EU users.
Withdrawals incur a $5 fee, with a minimum transfer amount of $30. Investors must consider these fees when planning their investment strategy, as they can impact total returns.
Ethereum Storage and Transfer Fees
As highlighted earlier, eToro offers free storage on its platform and in the eToro Money wallet app. However, transferring ETH from eToro to an external wallet will incur network fees.
These fees are based on actual Ethereum network conditions and can vary significantly. When the Ethereum network is congested, fees can be high – so it’s wise to consider this before making a transfer. The Ethereum Gas Tracker from etherscan.io is an excellent way to monitor network fees and estimate the cost of a. transaction. Additionally, eToro charges a coin transfer fee of 2% of the transaction amount. The minimum fee is $1, and the maximum is $100.
| Minimum ETH Withdrawal Amount | $30 (designated in ETH) |
| Transfer Fee | 2% |
| Minimum ETH Withdrawal Fee | $1 |
| Maximum ETH Withdrawal Fee | $100 |
Summary of All eToro Fees
In summary, like all of the best crypto exchanges, using eToro does come with several fees to be aware of. However, the platform’s fee structure is relatively straightforward and significantly cheaper than many options out there.
The key things to remember are:
- 1% flat fee on crypto trades + market spread
- $5 withdrawal fee
- No deposit fees
- $30 minimum withdrawal amount
- 2% fee when transferring to an external crypto wallet
How to Buy Ethereum on eToro – Conclusion
In summary, this guide on how to buy Ethereum on eToro has explored the key considerations for investors, from registration to security and fees. With its intuitive interface, low minimum investment requirements, and fractional investing options, eToro makes it easy for both beginners and experienced traders to gain exposure to the world’s second-largest cryptocurrency.
FAQs
Is it safe to buy Ethereum on eToro?
Can I buy fractional amounts of Ethereum on eToro?
What payment methods can I use to buy Ethereum on eToro?
Can I transfer Ethereum from the eToro Wallet to an external wallet?
How much does it cost to buy Ethereum on eToro?
Disclaimer:
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
References
- Importance of Diversification (Bankrate)
- What is Know Your Customer? (CoinDesk)
- Ethereum Price Chart (CoinMarketCap)
- Ethereum Gas Tracker (Etherscan)
- eToro Licenses & Regulation (eToro)
- eToro Academy (eToro)
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