Transferring cryptocurrency from your eToro wallet to an external destination is a common need for traders looking to gain more control over their digital assets. Whether you're moving funds to a personal wallet, another exchange like Coinbase, or preparing for yield farming on decentralized platforms, understanding the correct process is essential. This comprehensive guide walks you through every step of transferring crypto from eToro—covering requirements, procedures, limitations, and practical tips—so you can securely and confidently manage your assets.
Can You Transfer Crypto Out of eToro?
Yes, you can transfer cryptocurrency out of eToro—but with specific conditions. While eToro is primarily known as a social trading platform, it allows users to withdraw supported cryptoassets through its eToro Money service. This feature enables you to send digital currencies from your eToro account to an external crypto wallet.
However, transfers are only possible for users who have access to eToro Money, a separate financial service that supports both fiat and crypto transactions. The ability to transfer depends on your region; for example, U.S. users can currently withdraw Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Cardano (ADA), Stellar (XLM), Tron (TRX), and Bitcoin Cash (BCH).
It’s important to note that while eToro does not charge fees for sending or receiving crypto via eToro Money, blockchain network fees still apply. These fees are determined by the underlying network (e.g., Ethereum gas fees) and fluctuate based on congestion.
Key Requirements:
- Active eToro account linked to eToro Money
- Verified mobile number and state of residence
- Supported cryptocurrency and external wallet
- Sufficient available balance
As a seasoned crypto analyst, I confirm that transferring crypto from eToro is fully supported—provided you meet the regional and technical criteria. Using eToro Money as your gateway ensures compliance and security. Always be mindful of blockchain fees and verify wallet addresses before confirming any transaction.
What Do You Need to Transfer Crypto from eToro?
Before initiating a transfer, ensure you meet all prerequisites. Failing to do so may result in delays or failed transactions.
1. Active eToro Account Linked to eToro Money App
You must have an active trading account connected to the eToro Money app, available on iOS and Android. This app acts as the bridge between your investment portfolio and external wallets.
2. Verified Identity and Contact Information
eToro requires users to complete identity verification, including:
- Government-issued ID
- Proof of address
- Mobile phone number verification
- State of residence confirmation (for U.S. users)
This enhances security and complies with financial regulations.
3. Previous Deposits and Available Balance
You must have made prior deposits into your account and maintain a sufficient balance. Note that you cannot withdraw more than your available balance, and some assets may be locked due to open positions or pending trades.
4. Knowledge of Transfer Limits
Each cryptocurrency has minimum transfer amounts and daily/weekly limits. For example:
- Bitcoin: minimum withdrawal often starts at 0.001 BTC
- Ethereum: typically 0.01 ETH or higher
These thresholds help prevent spam transactions and protect against errors.
Understanding these requirements ensures a smooth and successful transfer process.
How to Withdraw Crypto from eToro to an External Wallet
Follow this step-by-step process to safely transfer your crypto from eToro.
Step 1: Open the eToro Money App
Launch the eToro Money app on your smartphone and log in with your credentials.
Step 2: Select Your Cryptocurrency
Choose the digital asset you wish to transfer (e.g., ETH, BTC, XRP).
Step 3: Tap “Send”
Locate and select the “Send” option within the app interface.
Step 4: Enter Recipient Wallet Address
Input the public address of your external wallet. Double-check every character—sending funds to an incorrect address is irreversible.
💡 Pro Tip: Always send a small test transaction first (e.g., $5 worth) to verify the address works correctly before transferring larger amounts.
Step 5: Specify the Amount
Enter the quantity of crypto you want to transfer. Ensure it meets the minimum threshold for that asset.
Step 6: Review and Confirm
Carefully review:
- Recipient address
- Amount
- Estimated blockchain fee
Then tap “Confirm” to initiate the transfer.
Step 7: Wait for Blockchain Confirmation
The transaction will be broadcasted to the network. Processing time varies depending on network congestion—anywhere from a few minutes to several hours.
Step 8: Verify Receipt in External Wallet
Check your external wallet to confirm receipt. Most wallets display incoming transactions in real time.
Remember: No withdrawal fees are charged by eToro, but network fees are deducted automatically.
Can You Transfer Crypto from eToro to Coinbase?
No, you cannot transfer crypto directly from eToro to Coinbase. These platforms operate independently and do not support cross-platform transfers.
However, you can use an external wallet as an intermediary:
- Withdraw crypto from eToro to a self-custody wallet (like Trust Wallet or MetaMask).
- Send the crypto from your external wallet to your Coinbase deposit address.
👉 Learn how top traders manage multi-platform portfolios with seamless fund movement strategies.
This indirect method gives you full control and flexibility across exchanges.
Frequently Asked Questions (FAQ)
Q: Does eToro charge fees for crypto withdrawals?
A: No, eToro doesn’t charge withdrawal fees. However, standard blockchain network fees apply and are paid directly by you during the transfer.
Q: How long does it take to transfer crypto from eToro?
A: After confirmation, most transfers take 10 minutes to 2 hours, depending on network traffic. High congestion (e.g., on Ethereum) may delay confirmation.
Q: Is it safe to transfer crypto from eToro?
A: Yes, if you follow security best practices: use trusted wallets, verify addresses, enable two-factor authentication (2FA), and avoid public Wi-Fi during transfers.
Q: Can I transfer any cryptocurrency from eToro?
A: Only supported cryptocurrencies can be withdrawn. Check eToro’s latest list of eligible assets in your region.
Q: Why can’t I see the “Send” option in my app?
A: You may not have completed verification, or your region doesn’t support withdrawals yet. Contact eToro support for assistance.
Q: What happens if I send crypto to the wrong address?
A: Transactions on the blockchain are irreversible. If sent incorrectly, recovery is unlikely unless the recipient voluntarily returns the funds.
Final Thoughts
Transferring crypto from eToro gives you greater autonomy over your digital wealth. By using the eToro Money app, verifying details carefully, and leveraging external wallets as intermediaries when needed, you can seamlessly move funds for trading, investing, or participating in DeFi ecosystems like yield farming platforms.
Whether you're diversifying across exchanges or securing assets in cold storage, mastering this process is a crucial skill for modern crypto investors.