Fiat to Crypto Conversion Fees

– eToroX fee 1%
– Simplex fee 4%

Fiat to Crypto Conversion Limits

* Limits are in USD. The limits above are shown in GBP and EUR for convenience.
USD limits are:
Minimum transaction – $125
Maximum transaction – $10,000
Maximum daily limit – $20,000
Maximum monthly limit – $50,000

Crypto rate – actual market rate is determined by eToroX once the transaction is approved by Simplex. While the payment is pending you may cancel it. To do so please open a ticket directly on Simplex website or use the Live Chat feature on the bottom right side of the Simplex.com website. Once the payment has been approved you may not cancel it.
Blockchain fees – blockchain fees apply for each crypto transaction and are deducted from the crypto purchased as well as the fees above.
Additional fees – for fees that your bank or card issuer may charge, please contact them directly (issuer may charge a variety of cash advance or foreign transaction fees for your card transaction, subject to the terms of your card agreement). The Merchant Category Code (MCC) is 6051.
Please note – your transaction will reflect on your credit card or banking statement as eToroX LTD. Credit card descriptor will be Simplex_eToroX. It will also show on your confirmation email (sent by Simplex).
For more information click here

Fiat to crypto purchase

Coin Purchase

The Coin Purchase service is provided to eToro AUS Capital Pty Ltd. (eToro Australia) customers and is executed by eToroX, a regulated DLT provider licensed by the Gibraltar Financial Services Commission.

How does it work?

1. The customer requests to withdraw an eligible CFD position from his account at the eToro trading platform, to the eToro Wallet (“Withdraw to Wallet”).

2. The USD value of the position is then sent to eToroX.

3. eToroX will then purchase the crypto asset in the amount specified in the withdrawal request, and credit the customer’s eToro Wallet with that amount, minus fees.


For a list of the fees and minimum withdrawal amounts, see here.

The service is not available in Germany, France, and the Netherlands. Country availability may change from time to time. Please check the app to see if the service is available.