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
GBP
£97
£7,448
£14,700
£36,750
EUR
€113
€8,722
€17,248
€43,120

* 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).

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

The following limitations are for the beta stage only.

Cryptoasset
Maximum units per transaction
Maximum units transactions per day
 Bitcoin
9
36
 Litecoin
658
2,632
 Bitcoin cash
172
688
 Ripple
165,000
660,000
 Ethereum
285
1,140
 Stellar
510,000
2,040,000

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.

Crypto to Crypto conversion limits

The following limitations are for the beta stage only.

Cryptoasset
Minimum units per transaction
Maximum units per transaction
 Bitcoin
0.0035
1.7
 Litecoin
0.27
135
 Bitcoin cash
0.07
35
 Ethereum
0.115
58
 Ripple
67
34,000
 Stellar
210
105,000