Wallet fees

Please note that as of September 20, 2022, the fiat-to-crypto service will no longer be available.

Fiat to Crypto Conversion Fees

– eToroX fee 1%
– Simplex fee 4%

Fiat to Crypto Conversion Limits

Coin
Min transaction
Max transaction
Max / Day
Max / Month
EUR
€114
€453
€200
€51,345
GBP
£56
£234
£200
£23,435

* 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 – for crypto rates’ please visit here. 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

Fees page illustration

Ethereum transactions

In order to enhance your assets security, eToro wallet is a multi-signature wallet, using smart contracts for Ethereum. Unfortunately, not all wallet providers and exchanges support sending and receiving via smart contracts. Please make sure you know the address provider on the receiving side supports ETH transactions sent from multi-signature addresses. If there are issues encountered the receiving party’s provider needs to be contacted.

Wallet creation fees (including any discounts) are subject to change at any given time and could change on a daily basis. We encourage you to visit this page periodically to stay updated on current fees.