If you use eToro for trading cryptocurrencies, you may want to move your coins to a personal wallet for added security or to use them in decentralized applications. The eToro Money app — a digital wallet provided by eToro — allows you to withdraw supported cryptocurrencies to external wallets. This guide walks you through the withdrawal process, important considerations, and answers common questions.
What Is eToro Money?
eToro Money is a multi‑currency digital wallet linked to your eToro account. It enables you to store, send, and receive cryptocurrencies such as Bitcoin, Ethereum, and many more. Withdrawing from eToro Money to an external wallet is straightforward, but it is important to follow the correct steps to avoid losing funds.
How to Withdraw Cryptocurrency from eToro Money
Follow these general steps to initiate a crypto withdrawal from your eToro Money wallet:
- Log in to your eToro Money app or the eToro platform and navigate to the Wallet or Portfolio section.
- Select “Withdraw” and choose the cryptocurrency you wish to transfer (e.g., Bitcoin, Ethereum, USDT, etc.).
- Enter the recipient’s wallet address — make sure it is the correct address and that it matches the network of the cryptocurrency. For example, a Bitcoin address starts with “1” or “bc1”, while an Ethereum address is a hexadecimal string starting with “0x”. Never send coins to an address of a different network.
- Specify the amount you want to withdraw. Note that a minimum withdrawal amount may apply.
- Review the fees — eToro may charge a flat withdrawal fee, and the network will require a transaction fee (gas fee) which varies based on network congestion. The total amount will be displayed before you confirm.
- Confirm the transaction using any required authentication (e.g., two‑factor authentication).
- Wait for blockchain confirmations. Depending on the network, this can take from a few minutes to several hours. You can track the transaction using a block explorer.
Important Tips
- Always double‑check the recipient address. Character errors can result in permanent loss of funds.
- Use the correct network when sending. Sending a token over an incompatible network may lead to loss.
- Consider network congestion — if fees are high, you may want to wait until they drop.
- Enable two‑factor authentication on your eToro account for added security.
- Start with a small test transaction to verify the address and network before sending larger amounts.
Frequently Asked Questions
What is the minimum withdrawal amount?
The minimum withdrawal amount varies by cryptocurrency and is subject to change. You can check the current limit in the withdrawal screen of the eToro Money app.
How long does a withdrawal take?
After eToro processes the request, the time depends on the blockchain’s confirmation speed. Bitcoin withdrawals usually take 10–60 minutes, Ethereum 1–5 minutes, and other networks vary. Extremely busy networks can cause delays.
Are there withdrawal fees?
eToro may charge a fixed withdrawal fee per transaction. Additionally, the blockchain network charges a transaction fee (gas) that fluctuates with demand. You can see the total fee before confirming the transfer.
Can I withdraw any cryptocurrency?
You can withdraw any cryptocurrency that is supported by eToro Money and available for transfer. The current list is displayed in the eToro Money wallet interface.
What should I do if my withdrawal hasn’t arrived?
First, check the transaction status using a block explorer and the transaction ID (TXID) provided by eToro. If the transaction is confirmed on the blockchain but not reflected in your wallet, contact the receiving wallet support. If the transaction is pending or failed, contact eToro customer support.
More Resources
For additional guides on cryptocurrency transactions and earning opportunities, visit our Crypto category or read specific articles like Crypto Mining With Mobile and Make Profit With Crypto. You can also check our Privacy Policy for information on data handling.