eToro Crypto Review: Is the 1% Fee Worth the Stock Shelf Next Door?
We funded an eToro account, bought crypto next to stocks, moved coins to the eToro Money wallet and pulled cash out. Here is what the flat 1% fee and the custodial wallet actually cost.
Our verdict
eToro is a sound place to hold a small crypto position alongside stocks, not a place to trade crypto seriously. The flat 1% fee beats nothing at a dedicated exchange, the wallet is custodial with a one-way 2% transfer tax to get keys of your own, and only three coins clear for US accounts after the SEC settlement. Buy-and-forget investors who already use eToro for stocks can stay; active traders and anyone who wants their own keys should open a second account elsewhere.
Best for: Existing eToro stock investors adding a small, buy-and-hold crypto position
We opened an eToro account the way most of its 40 million users do: to buy a few stocks, then noticed the crypto tab sitting right next to them. That proximity is the whole pitch. eToro does not try to out-trade Binance or Kraken; it tries to be the one account a casual investor never has to leave.
The fee is flat, and that is the point
eToro charges 1% to buy crypto and roughly the same to sell, quoted as a spread rather than a commission line. We bought 200 dollars of Ethereum and watched the ticket show the cost before we confirmed, no surprise slippage once the trade filled. That single number beats what many brokerages hide inside a spread, but it is worse than a dedicated exchange: Kraken and Coinbase Advanced both charge under 0.4% for the same trade size once you use their pro order books.
So the 1% only makes sense as a convenience tax. Pay it if you value one login for stocks and coins. Skip it if crypto is the main reason you trade.
Getting your coins out costs more than getting them in
We tried to move Bitcoin off the platform into a wallet we control. eToro will not let you withdraw crypto directly; it first has to cross into the eToro Money wallet, and that hop costs 2%, on top of the 1% you already paid to buy. The transfer only runs one direction, trading account to wallet, so you cannot top up your trading balance from the wallet later.
