Sending & Receiving Transaction Fees
When transferring crypto assets to/from your eToro Money crypto wallet, fees apply as follows:
- Transfers within eToro Platform: 2% fee for outgoing crypto transfers.
- External Wallet Transfers: No eToro fees—only blockchain network charges apply.
ℹ️ Fee caps (minimum/maximum) may apply. Check the official eToro page for details.
Transfer Limits
- Per Transaction: Up to $50,000 (all supported crypto assets).
- Daily Limit: $200,000.
Selling Crypto for GBP/EUR
Fees are deducted when converting crypto to fiat (GBP/EUR) within the eToro Money wallet. Estimated fees are displayed pre-confirmation.
Club Tier Discounts
| Tier | Discount | Final Fee |
|--------------|----------|-----------|
| Silver | – | 1% |
| Gold/Platinum| 20% | 0.8% |
| Platinum+/Diamond| 40%| 0.6% |
👉 Crypto-to-Fiat Selling Restrictions
Ethereum & ERC20 Transactions
eToro Money uses multi-signature smart contracts for ETH/ERC20 transfers. Note:
- Not all external wallets/exchanges support smart contract-based transfers.
- Confirm recipient wallet compatibility before sending.
Wallet Creation Fees
- XRP Wallet: Free (created during transfer process).
- Stellar (XLM) Wallet: Requires a 2.5 XLM minimum deposit (non-refundable) for activation.
- Ethereum/ERC20 Wallet: Free creation during transfers. Note: New ERC20 wallet creation is currently paused.
Provider & Regulations
The eToro Money wallet is operated by eToroX Limited (DLT provider licensed by Gibraltar’s FSC, License #FSC1333B).
FAQ Section
Q: Does eToro charge for receiving crypto?
A: No—only blockchain network fees apply for incoming transfers.
Q: Can I avoid the 2% transfer fee?
A: The fee applies only to internal eToro platform transfers. External wallet transfers incur no eToro charges.
Q: How do Club discounts work for crypto sales?
A: Discounts are auto-applied based on your loyalty tier during GBP/EUR conversions.
Q: Why does my XLM wallet need a 2.5 XLM deposit?
A: This is a Stellar network requirement to activate the wallet.
Q: Are ERC20 tokens supported?
A: Yes, but only for existing ERC20 wallets; new creations are temporarily unavailable.