Disclaimer: Don’t invest unless you are willing to lose all the money you invest. This is a high risk investment and you should not expect to be protected if something goes wrong. Take two minutes to learn more.
Bitcoin is by far the world’s biggest cryptocurrency, but Ethereum (ETH) has cemented its place as the second-biggest. It arguably offers a smarter, more sustainable alternative, and thanks to the lightning fast Ethereum network, it beats Bitcoin for speed too.
Countless exchanges offer the ability to trade the token, but eToro is a broker that stands out among this crowd, simplifying crypto trading for even the most inexperienced investors. To get started, you first need to create an account, verify your identity, and deposit funds to your eToro account balance using your preferred payment method.
First-time users may need some assistance with this, so we’ve created this detailed guide with images to help you navigate how to buy Ethereum on eToro.
How to buy Ethereum on eToro — Step-by-step guide
While exchanges like eToro put parameters in place to maximize the security of your investments, no cryptocurrency can be truly risk-free. With this in mind, make sure to conduct thorough research before proceeding, and remember that your capital is at risk.
With that being said, let’s take an in-depth look at how to purchase Ethereum on eToro in 2025.
Step 1: Create an eToro account
You must create an eToro account before you can buy Ethereum on eToro for the first time.
To begin the registration process, visit the eToro website and select ‘create account’. At this point, you will be prompted to provide your name, residential address, email address, and any other relevant details.
You will also be required to demonstrate your level of financial experience and knowledge by answering a short questionnaire. Questions may be based on the amount of capital you have invested in the past and what types of assets you have invested in.
Follow the link below to get started and buy Ethereum on eToro. In total, this process should not take more than 10 minutes.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Step 2: Verify your eToro account
Legal and regulatory requirements mean that investment platforms must verify your identity before your eToro account can be officially opened and you can buy Ethereum.
On the official eToro website, you will be asked to provide two forms of identification – one as proof of address (such as a utility bill) and one as proof of identity (such as a passport).
You can simply take photographs of the documents with your phone and upload them to the platform. Once you complete this step, eToro will aim to verify your investment account within 48 hours, at which point you can proceed to buy Ethereum.
Step 3: Fund your eToro account
The final step before you can buy Ethereum on eToro is to add funds to your eToro account. You can do this by selecting a payment method – options include credit card, debit card, bank transfer, and e-wallet providers such as PayPal.
The eToro website now supports deposits, withdrawals, and trading in EUR (in addition to GBP and USD). To avoid unnecessary conversion fees and maximize savings, it is recommended that you use the currency matching your bank account. Please note that there are no withdrawal fees for EUR and GBP accounts.
Credit cards and PayPal are not available for deposits to the eToro balance of users under the FCA regulation.
eToro’s minimum deposit requirements vary depending on your location – for US users, it is $100.
To add funds, navigate to ‘Deposit Funds’ from the main dashboard, select your preferred payment method, and enter your desired amount. Unlike some other providers, eToro does not charge for you to deposit funds.
Your funds should be available instantly unless you choose to fund your eToro account balance using bank transfer, which can take up to seven business days to complete.
Step 4: Search for the Ethereum ticker symbol
Once your investment account is funded, you will be able to buy Ethereum on eToro. To do so, simply search for the Ethereum ticker using the search bar. $ETH should appear as the first search result with a ‘Trade’ option beside it.
You can either select ‘Trade’ to navigate straight to the buy order process or click on the ticker symbol itself to view a dedicated page detailing news, analysis, and both historical and current price data for the asset.
If you choose to view the dedicated Ethereum page on the eToro website first, you can proceed to buy Ethereum afterward by hitting ‘Trade’ in the top right corner of the screen.
Step 5: Place a buy order
Now, you are ready to place an order to buy Ethereum on eToro. There are two key options at this stage – “Trade”, which allows you to purchase Ethereum at its current price point, or “Order”, which allows you to select a predetermined price at which you would like your trade to be opened.
For instance, if Ethereum is trading at an all-time high of $5,000 and you would prefer to buy the dip, you can set your trade at $3,000, and your position will be automatically opened when the coin reaches that price.
Payment options and fees for Ethereum on eToro
| Buy/sell | 1% |
| Custody | Free |
| Overnight | Free |
| Cryptoasset transfer | 2% |
| Deposit | Free. Free. EUR, GBP, and USD deposits are supported with no conversion fees if matched with your bank currency. |
| Withdrawal | No withdrawal fees for EUR and GBP accounts. A $5 fee applies to USD withdrawals. |
| Inactivity | $10/month after 12 months |
| Payment options | Debit/credit card, bank transfer, e-wallet |
Pros and cons of buying Ethereum on eToro
Pros
- The eToro Money Crypto Wallet supports a wide range of cryptocurrencies, and offers high security through its “advanced signature mechanism”
- Modest 1% flat rate for all buy and sell transactions.
- Social features such as copy trading and an in-built news feed
- Advanced filters for sorting assets by UCITS, asset class, exchange, and more
- AI-driven features for identifying top-performing investors and trending assets.
- The platform’s user-friendly interface is highly appealing.
- A wide range of educational resources is available.
Cons
- inactivity fee of $10 per month after 12 months of disuse (fee will only be charged if there are funds remaining in the account).
- No trading pairs for cryptocurrency
- Ethereum-like coins can be volatile, with price swings of more than 150% occuring within the past year.
- Cryptocurrency payments are not afforded the same protections as fiat currencies, due to their decentralized nature.
FAQs
How do I buy Ethereum on eToro?
How do I sell Ethereum on eToro?
Which is better eToro or Robinhood?
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
