How should I fund my account if I want to transfer cryptocurrencies to the eToro Money crypto wallet?

You can transfer coins from your eligible account to the eToro Money crypto wallet immediately if you fund your eToro account via wire transfer.

 

If you are a new eToro user and deposit via debit card or online banking, there may be restrictions on the timing and amount of your crypto transfers. There is a waiting period during which your remaining equity (your equity excluding the value of the crypto you want to transfer) cannot be lower than the amount you deposited via this payment method. Once the waiting period is over, you may transfer crypto positions of any amount.

 

The waiting period starts on the day you first deposited funds to your eToro account (regardless of the payment method used):

 

Payment Method

Waiting period (calendar days)

Debit Card

60

Online banking

7

Wire transfer

0

 

Here is an example:

  • Your first deposit on eToro was $400 via wire transfer.
  • After 15 days, you made a further deposit of $600 via debit card.
  • After another 20 days, you have made a profit and your equity is $1,500.
  • You have an open Ethereum position with a current value of $1,000. Since your remaining equity ($500) is lower than the amount you deposited via debit card, and only 35 days have passed since your first deposit on eToro, you cannot transfer the position yet.
  • You will be able to transfer it only after 60 days have passed since your first deposit on eToro, since this is the waiting period for new users who have used a debit card.