Broker eToro launches cryptocurrency to fiat conversion in the UK and EU
The feature is available for selected clients
24.03.2025 - 16:00
497
1 min
0
What’s new? Crypto broker eToro has opened a feature for users in the EU and the UK to transfer cryptocurrencies from third-party platforms and wallets to eToro Crypto Wallet addresses. Users can convert these assets into cash and exchange them for other assets on the eToro platform.
What else is known? Selected users who store bitcoin or Ethereum on external wallets or exchanges can transfer these crypto assets into their eToro Crypto Wallet account and convert them to local currency in their GBP or EUR account.
Users can then reinvest them in any of the instruments available on the eToro platform, withdraw them as cash or spend them through their GBP or EUR account or eToro debit card, which is available for UK users.
Useful material?
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Telegram
Twitter