How to buy ethereum on etoro?
To start buying ethereum on eToro, first you need to go to eToro and register an account and then deposit funds so you can buy ethereum. Let’s start learning.
How to buy ethereum on eToro in 4 easy steps
Step 1: Sign up for eToro
Currently eToro is one of the best exchanges to buy ethereum, go to the eToro platform and click on Create User.
Step 2: Account verification
To ensure the safety of your account funds, eToro requires all users to verify their accounts. You will need to upload a valid ID and proof of address.
Step 3: Deposit Funds
Now you can start tying in payment methods to fund your new eToro account by following the instructions to deposit legal funds. Having legal tender in your eToro account is a necessary step to purchase ETH.
Step 4: Start buying ethereum
Finally you just need to navigate to the ethereum page and make a purchase of ethereum.
Costs incurred at eToro
Depending on the type of transaction you will be executing with eToro, you will need to pay some fees that you need to be aware of.
Transfer fee: Depending on the amount, a fee of 0.006 ETH will be charged for each withdrawal of that token from your account. You can take out at least 0.26 ETH per transaction.
Overnight fee: If you sell an ETH order short, the transaction will be executed as a CFD and will include a $0.300336 overnight fee. On the other hand, there is no additional charge for buying.
One special point to note.
All fees discussed are subject to change at any time, especially in the event of changes in the financial markets. For actual fees and rates, we recommend that you refer to the official trading fees page.
How much does it cost to buy ethereum with eToro?
You can trade ETH on eToro without worrying about third-party fees or hidden costs. eToro fees are simple and transparent. All spreads are subject to a “round trip”, which means that you are charged this percentage when you buy, but the fee is adjusted when you sell.
| Market hours | Fee |
| Transaction fees | 1% |
| Withdrawal (minimum $30) | $0 |
| Send/receive transaction | $0 |
| Crypto-to-crypto conversion | $0 |
| Crypto conversion (minimum 0.3 ETH) | 0.006 units |
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