eToro Wallet: what it is and how to use

eToro is a trading platform used by over 40 by million users for stocks, ETFs, and crypto.¹ If you're getting into crypto on eToro, the eToro Wallet is where you store and manage it.

This guide covers what the eToro Wallet is, which cryptocurrencies it supports, how to top up and withdraw, what to do if transfers aren't working, and what fees to expect.

Use the eToro trading account or buy stocks/shares that aren't traded in your local currency? Wise can help you save costs on currency exchange, allowing you to transfer with low and transparent fees and no hidden markups.

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The contents of this article is for informational purposes only and does not constitute legal or tax advice. Decisions related to tax should be made after thorough research, consultation and verification from a qualified financial and legal advisor.

What is the eToro Wallet?

The eToro Money Wallet is a digital, custodial crypto wallet — accessed and managed through the eToro Money app.² From there, you can buy, receive, store, transfer, and convert cryptocurrencies.

It's separate from your eToro trading account. Think of the trading account as where you invest, and the digital wallet as where you hold the actual coins. Because it's custodial, eToro manages the private key on your behalf, which means you don't need to worry about memorising or losing access to it yourself.²

Which cryptocurrencies does the eToro Wallet support?

The eToro Wallet supports 40 cryptocurrencies for transfer, sending, and receiving.³ Popular coins available include:

• Bitcoin (BTC)
• Ethereum (ETH)
• XRP, Litecoin (LTC)
• Bitcoin Cash (BCH)
• Dogecoin (DOGE)
• Solana (SOL)
• Cardano (ADA)
• USD Coin (USDC)
• Aave (AAVE)
• Uniswap (UNI)

One thing worth noting is that Shiba Inu appears as SHIBxM on the eToro trading platform. When you transfer to the wallet, every 1 SHIBxM converts to 1,000,000 SHIB.³

Not every coin available on the eToro trading platform can be transferred to the wallet. Only positions where you directly own the underlying crypto are eligible. If you bought crypto as a speculative contract rather than owning the actual coins, the transfer option won't appear.⁴ Always check eToro's current list of supported wallet assets before you transfer.

eToro security

Because the wallet is custodial, eToro holds the private key on your behalf. That removes the risk of you losing it, but it also means you're trusting eToro with custody of your assets rather than holding them yourself.

In terms of technical protections, the wallet uses:⁴

• Multi-signature technology: Requires multiple authorisations before transactions go through
• Two-factor authentication (2FA): Adds an extra layer of login protection
• Insurance policy: Provides additional protection for your assets
• Custodial security: Offers advanced protections for your assets

eToro is also MiCA-certified and regulated by the FCA in the UK, which means it operates under a defined regulatory framework.⁴

We do not give investment advice, and you may be subject to pay tax. If you're not sure, seek qualified advice.

How to top up your eToro Wallet

There are two ways to add funds to your eToro Wallet.

Option 1: Transfer coins from your eToro trading account

You can move cryptocurrency directly from your eToro portfolio into the wallet. Bear in mind this is a one-way transfer — coins cannot be sent back from the wallet to your trading account.⁵

Option 2: Deposit directly in the eToro Money app

You can receive crypto sent from another wallet using your eToro Wallet public address. Follow these steps:⁶

1. Open the eToro Money app and go to the Crypto Wallet section
2. Select the type of crypto you want to receive
3. Tap Receive and copy your public address
4. Share the address with the sender, or let them scan the QR code
5. The crypto will appear in your wallet once the transaction is confirmed on the blockchain

How to withdraw from your eToro Wallet

When it comes to withdrawing from your eToro Wallet, you have two options:

Option 1: Send to an external wallet

You can send supported cryptocurrencies to an external wallet address, for example via a cryptocurrency exchange. You'll need a valid public wallet address to do this.⁴

Option 2: Withdraw directly from the eToro Wallet

For UK users with a GBP local currency account:⁷

1. Go to the Wallet tab in the eToro app or web platform
2. Select your local currency account
3. Click on Send Payment
4. Choose your bank account or add it as a new payee
5. Enter the amount and reference
6. Review and confirm the payment

Most payments arrive immediately, though some can take up to three business days.⁸

eToro transfer to wallet not available — what to do

If the transfer option isn't showing, there's usually a specific reason. The most common causes are:⁵

• Your position type isn't eligible: Only BUY (long) positions backed by real crypto can be transferred. Positions held in CopyTrader or Smart Portfolios are not eligible.
• Phone verification is incomplete: A verified phone number with SMS capabilities is required, separate from standard account verification. 2FA is also mandatory for the eToro Money app.
• Deposit method waiting period applies: If you deposited via credit or debit card, a waiting period of up to 60 days may apply depending on your eToro Club level before you can transfer.
• The coin isn't on the eligible list: Not every crypto on the trading platform can be transferred to the wallet. Check the current list of eligible assets on eToro's coin transfer page.
• You're not in an eligible country: The wallet isn't available in all regions. UK users are eligible, but check eToro's availability page if you're unsure.

Transfer requests can take up to five business days to process and are not handled on weekends or national holidays. If none of the above applies, contact eToro's Help Centre directly for account-specific support.

eToro Wallet fees

Most wallet actions are free, but some fees do apply depending on what you're doing. Here's a full breakdown for UK users:⁸

All fees are displayed before you confirm any transaction, so you'll always know what you're paying upfront.

Need to move money internationally? Wise could help

Wise accounts do not support cryptocurrency (buying, selling or trading) - see our full guidelines. However, once you've decided to sell investments on eToro and withdraw, you may want to convert currencies or move money across borders. If you earn eToro dividends, withdrawing them to a Wise account could help you save on many currency routes by allowing you to hold the funds in their original currency and convert them when you choose.

WWith Wise, you can:

• Hold and convert 40+ currencies in one account
• Send payments to 140+ countries
• Receive money using 8+ local account details
• Currency conversions use the mid-market exchange rate with fees shown upfront before you confirm, and no hidden markups built into the rate.

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Disclaimer: The UK Wise Business pricing structure is changed on 26/11/2025. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.

Frequently asked questions about the eToro Wallet

Is the eToro Wallet only available on mobile?

Yes. The eToro Wallet is accessed through the eToro Money app, available on iOS and Android. There is no desktop version of the wallet.⁴

Do I need a separate account for the eToro Wallet?

No. Your eToro Wallet uses the same login credentials as your eToro trading account. Once you download the eToro Money app and sign in, the wallet is accessible directly.

Is the eToro Wallet available in the UK?

Yes. The UK is listed as an eligible country for the eToro Crypto Transfer Service and the eToro Money wallet.⁵

How long does a crypto transfer to the eToro Wallet take?

It can take up to five business days for eToro to process a transfer request. Additional time may pass before coins appear in the wallet after processing. Transfers are not processed on weekends or national holidays.⁵

Is eToro regulated in the UK?

Yes. eToro (UK) Ltd is authorised and regulated by the Financial Conduct Authority under FRN 583263.⁵ The platform is MiCA-certified and operates under a defined regulatory framework for crypto services.⁴ If you're comparing eToro with other platforms, our eToro vs Trading 212 guide breaks down the key differences in fees, features and regulation.

Sources used:

1. eToro – eToro
2. What is a crypto wallet? – eToro
3. Which cryptoassets does the eToro crypto wallet support? – eToro
4. eToro Crypto Wallet – eToro
5. Crypto transfer – eToro
6. How do I receive cryptoassets to my eToro crypto wallet? – eToro
7. How do I withdraw funds? – eToro
8. eToro fees – eToro

Sources last checked: 17/6/2026