eToro cryptocurrency review

eToro was the winner of the Beginners and Instant Purchases awards in the Finder Crypto Trading Platform Awards 2023.

Go to eToro's website

About eToro — company background

eToro Crypto is an experienced player in the digital trading market, having been founded in 2007. Though it started in Tel Aviv, Israel, eToro has gone international, with headquarters in Cyprus, Britain, the US and Australia among others.

The platform is known for its wide range of features, notably “social trading.” This gives users the ability to track, interact with and copy other traders on eToro. In that sense, eToro is like social media for investors.

The fee structure can be confusing, and there isn’t the huge range of cryptocurrencies that you might see on other popular exchanges. However, eToro compensates by presenting its users with a suite of advanced features, such as contracts for derivatives trading and copy trading. eToro also offers customers the ability to add traditional stocks and commodities to their crypto portfolios (or vice versa).

Listed eToro crypto exchange assets

eToro supports over 80 cryptocurrencies, but some notable assets are missing. Namely, Tether, USDC and Lido Staked Ether, which are in the top 20 cryptos by market cap. In total, 13 of the top 20 cryptos are available on eToro.

Popular assets on eToro

• See all eToro crypto assets

  • BTC
  • ETH
  • XRP
  • BCH
  • EOS
  • FET
  • LTC
  • ADA
  • XLM
  • MIOTA
  • TRX
  • NEO
  • DASH
  • ETC
  • BNB
  • ZEC
  • ZRX
  • MKR
  • DOGE
  • BAT
  • LRC

  • KNC
  • BNT
  • LINK
  • MANA
  • THETA
  • STORJ
  • ENJ
  • REN
  • AMP
  • DOT
  • ATOM
  • IMX
  • UNI
  • XTZ
  • FTT
  • FTM
  • ANKR
  • CRO
  • MATIC
  • ALGO

  • QNT
  • LPT
  • HBAR
  • SNX
  • CHZ
  • ARB
  • COMP
  • BAND
  • OXT
  • OGN
  • CTSI
  • SOL
  • BAL
  • UMA
  • YFI
  • SRM
  • CRV
  • AVAX
  • SUSHI
  • SAND

  • FIL
  • AAVE
  • AXS
  • SKL
  • GRT
  • 1INCH
  • CELO
  • API3
  • ALICE
  • GALA
  • DYDX
  • SGB
  • ENS
  • BICO
  • SHIBxM
  • FLR
  • APE
  • LUNC
  • LUNA2

eToro fees

Deposit & withdrawals fees

Transaction type	Fee
Deposit funds	None. Minimum deposit amount is $10.
Withdraw funds	None
Other fees	0.1% crypto-to-crypto conversion fee. $10 USD monthly inactivity fee after 12 months of inactivity.

eToro deposit methods

How to sign up on eToro exchange

Before you can even get started trading on eToro, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is eToro's commitment to certifications and compliance with regulations and insurers.

1. Get started
   After selecting the Get Started button, fill in the create account form.
2. Set up payment
   Before you can start trading, you have to add your bank account to your eToro account. There are several options to choose from, so choose the option most compatible.
3. Provide identification
   Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
4. Start trading
   After all that is processed, you're ready to trade on eToro.

Create eToro account

Using the eToro app

Download the eToro Crypto app on Android and iOS.

Is eToro safe?

eToro’s airtight track record suggests it is safe for beginners. As far as cryptocurrency investment goes, cryptocurrency is an extremely volatile asset and there is risk no matter which exchange you use to buy it.

eToro is a trustworthy platform with excellent security measures in place to prevent fraud and theft. It’s been running for 15 years without a major hacking or fraud incident. eToro is regulated by relevant government authorities, undertakes regular third-party audits and offers insurance to all of its clientele.

Past hacks No hacks have ever taken place on the eToro platform.

Security audits eToro has a dedicated audit and risk committee. Also, its financial records are frequently audited by Ernst & Young.

Insurance eToro provides all of its clients with free insurance from specialist insurer Lloyd’s of London. This covers theft, hacking and insolvency losses up to $1 million.

Keeping your crypto secure

All centralised exchanges, including eToro, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

eToro customer support

eToro offers live customer support for users that have deposited money into their accounts.

They also run a “ticket system" where you can email unique enquiries to the team who will typically reply within 24 hours.

A thorough help center exists that will answer most questions.

How to reach eToro customer support

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