Yes, Bitcoin transfers to external wallets are supported, but it depends on the platform you're using. On eToro, external transfers of BTC is allowed, but only if you purchased real Bitcoin (not CFDs). Use the eToro Money crypto wallet app to move your BTC to a personal wallet or another exchange.
Before you hit that “buy” button, double-check what your exchange or broker actually offers.
Some platforms only let you trade Bitcoin as a financial product. Basically, you're speculating on the price without ever owning the asset itself. That means no wallet access, no transfers out.
If moving your BTC to an external wallet matters to you, make sure withdrawals are allowed. Not every platform makes that possible.
Yes, eToro allows external BTC transfers but there are a few boxes you’ll need to tick first.
To qualify, your Bitcoin must be the real deal. That means a non-leveraged, not a long position, and not a CFD (contracts for difference). Your eToro account also needs to be fully verified, including your ID and phone number.
This is how the transfer process works:
That’s it, your BTC is on the move. Just note that blockchain network fees apply when sending to your external wallet.
₿ Just a heads-up:There’s a minimum transfer amount (it's 0.007195 BTC as of this writing but I suggest that you check their crypto coin transfer page for the latest info) and a 2% fee when moving your coins from the trading platform into your wallet. That fee is capped between roughly $1 and $100. You can also send up to about $50,000 worth of BTC per transaction, and that same limit applies daily.
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. 61% 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.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.
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 hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.
About Mike Druttman
