Fiat to Crypto Conversion Fees
– eToroX fee 1%
– Simplex fee 4%
Fiat to Crypto Conversion Limits
Max / Day
Max / Month
* 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
Send/Receive transaction fees
eToroX charges no fees for sending or receiving transactions.
Blockchain fees are applicable for sending and receiving.
Crypto-to-Crypto conversion fees
eToroX charges a conversion fee of 0.1%.
Conversion rates are set according to eToro market rates.
XRP Wallet creation fee
XRP wallet creation costs are 45 XRP.
Fees are waived for first 25,000 customers to open XRP wallet until June 30 2019 (Terms).
XRP wallet opening costs XRPs. The 45XRP is what XRP calls the reserve. It is comprised of 20XRP base reserve and 25 XRP required to manage a multi-sig XRP wallet. This reserve must be held as a minimum reserve in the address and cannot be sent to other addresses.
XLM Wallet Creation
Stellar blockchain requires a minimum non-spendable deposit of 2.5 XLM for the activation of a XLM wallet. Once deposited the wallet is activated and you can see the wallet on the Stellar blockchain.
Send transaction limits
Maximum per transaction
Maximum per day
* For more information about ERC20 Tokens click here
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.
Crypto to Crypto conversion limits
Minimum per transaction
Maximum per transaction