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Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Feb, 2024

To stake Ethereum on eToro, first transfer your ETH from the eToro investment platform to your eToro Money account. Then, specify the amount of ETH you want to stake. This amount will be automatically sent to the staking address. Keep in mind that staked ETH will be locked until the launch of the Ethereum 2.0 blockchain, as per Ethereum's protocol.

 

Background

Staking Ethereum has become increasingly popular among ETH traders. As an eToro user with existing Ethereum positions, I delved into the staking process on the platform. Here's a detailed guide based on my experience.

 

Process of Staking ETH on eToro

Embarking on the journey of staking with eToro is a straightforward process. Here are the steps I followed to successfully stake ETH on the platform:

  1. Access Your eToro Portfolio: Log in to the eToro platform and navigate to your portfolio.
  2. Select Ethereum: Locate Ethereum in your portfolio to view all your active ETH trades.
  3. Initiate Transfer: Choose the specific ETH trade you want to stake. Click on it, and in the ‘Edit Trade’ window, select ‘Transfer to Wallet.’ This begins the transfer of your ETH from the trading platform to your eToro Money account.
  4. Confirm Transfer Details: Review the transfer details carefully. Confirm the transfer once you are certain everything is accurate.
  5. Stake Your ETH: After the transfer, open your eToro Money app and sign in. Navigate to the ‘Crypto’ tab,  select Ethereum and specify the amount of ETH you want to stake (minimum requirement is 1 ETH). This amount will be automatically sent to the staking address.

Congratulations, you have now successfully staked Ethereum on eToro. You can monitor the status of your staked ETH 2.0 and any accrued rewards directly in the eToro Money app. Remember, once the ETH 2.0 blockchain launches, you will gain access to both your original staked assets and the accumulated rewards.

 

Supported Countries for ETH 2.0 Staking

Before you embark on eToro Ethereum staking, it's crucial to verify if your country is eligible for this service. Notably, ETH staking is not available for residents of the United States. For users in the United Kingdom, the service is accessible only to those who registered with eToro on or before February 1, 2022.

Countries that support ETH 2.0 staking on eToro
RegionCountries
Europe & UKAndorra, Austria, Azerbaijan, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, Georgia, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle Of Man, Italy, Jersey Island, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine
Asia-PacificAustralia, Kazakhstan, Malaysia, Philippines, South Korea, Taiwan, Thailand, Vietnam
AmericasArgentina, Belgium, Bolivia, Brazil, Cayman Islands, Chile, Colombia, Dominican Republic, Ecuador, Mexico, Peru, Uruguay
Middle East & AfricaBahrain, Israel, Kenya, Kuwait, Oman, UAE, UK

Presently, around 60 countries are eligible for ETH staking on eToro. I regularly check this list and have noticed a gradual increase in the number of supported countries. This trend suggests a possibility of further expansions, potentially including more countries in the future. Keep an eye on updates from eToro for the latest information regarding eligible regions for ETH staking.

 

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. 76% 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. 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.

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 has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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