Buying Ethereum on eToro takes about 10 minutes once your account is verified, and you can start with as little as $10. The process involves creating an account, funding it with U.S. dollars, and placing a buy order for ETH directly on the platform. Here’s how each step works.
Create and Verify Your Account
Head to eToro’s website or download the mobile app and sign up with your name, email address, and a password. Before you can trade, you’ll need to complete identity verification, which requires three things: phone number verification, a government-issued ID (driver’s license or passport), and proof of address such as a utility bill or bank statement.
Verification can take anywhere from a few minutes to a couple of business days depending on demand and the clarity of your documents. You won’t be able to deposit funds or trade until it’s complete, so it’s worth submitting clean, legible photos upfront. Note that crypto trading on eToro is not available if you’re located in Nevada, Hawaii, Puerto Rico, or the U.S. Virgin Islands.
Deposit Funds
Once verified, click the “Deposit Funds” button on your dashboard. You’ll choose how much U.S. currency to add and select a payment method. eToro supports bank transfers, debit cards, and several electronic payment options. The amount you deposit is up to you, but keep in mind that the minimum trade size for crypto is $10, so you’ll need at least that much in your account before buying Ethereum.
Deposits via bank transfer can take a few business days to settle. Card deposits and electronic payments typically arrive faster, sometimes within minutes. There’s no deposit fee on eToro for U.S. users, and withdrawals are also free as long as you meet the $30 minimum withdrawal amount.
Find Ethereum and Place Your Order
With funds in your account, you can locate Ethereum in two ways: type “Ethereum” or “ETH” into the search bar at the top of the screen, or navigate to the “Cryptocurrencies” market page and find it in the list. Click on the Ethereum page to see its current price, chart, and trading options.
Hit the “Trade” button, then enter the dollar amount you want to invest. You don’t need to buy a whole coin. eToro lets you purchase fractional amounts, so a $10 or $50 order will get you a proportional slice of one ETH. Review the details on the order screen, confirm, and the trade executes at the current market price.
What You’ll Pay in Fees
eToro charges a flat 1% fee on every crypto buy or sell. When you purchase Ethereum, that 1% is deducted from your available account balance on top of the amount you’re investing. When you sell, the 1% comes out of your sale proceeds. So if you buy $100 worth of ETH, you’ll see $1 charged separately as the trading fee.
As of mid-2025, eToro displays this fee explicitly at the time of the trade rather than embedding it in the spread (the difference between the buy and sell price). This makes it easier to see exactly what you’re paying before you confirm the order.
Transfer ETH to an External Wallet
If you want to move your Ethereum off eToro and into a personal crypto wallet, you can do that through the eToro crypto wallet feature. Go to the Wallet tab, select Ethereum under “Crypto Wallet,” and tap Send. Enter the amount you’d like to transfer, then type or paste the recipient wallet’s public address carefully. Double-check the address before confirming, because crypto transactions sent to the wrong address are irreversible.
You’ll be asked to verify the transfer with an SMS code sent to your phone. After that, you can track the status of the transaction within the wallet tab. Processing times depend on network congestion on the Ethereum blockchain, but most transfers complete within a few minutes to an hour.
If you’re simply holding Ethereum as an investment and don’t plan to use it in decentralized apps or other wallets, keeping it on the eToro platform is the simpler option. Your position shows up in your portfolio alongside any stocks or ETFs you own.
Managing Your Ethereum Position
After buying, your Ethereum appears in your portfolio with a running profit/loss figure based on the current market price. You can add to your position at any time by placing another buy order, and selling works the same way in reverse: open the position, hit “Close Trade” or “Sell,” and confirm the amount. The 1% fee applies on the way out as well.
eToro also lets you set alerts for price movements so you’re notified if ETH hits a level you care about. This is useful if you want to buy more during a dip or sell after a run-up without watching the chart constantly.