Nishit Kumar
Fact checked
Fact checked
Fact Tooltip Text
Disclosure Tooltip Text

Investing in cryptocurrencies in the UK requires an in-depth understanding of more than just the currencies, it also requires you to know about where you’re going to be storing what you buy. Some trading platforms only allow you to trade CFDs, so a wallet is not essential because you do not own the underlying asset at any point.

In this guide, we review the various cryptocurrency wallets and provide you with a bit of background information on how crypto wallets in the UK work.

How to Sign Up for a Crypto Wallet UK – Quick Guide 2023

You can sign up for a crypto wallet in the UK in just 3 quick steps:

  1. Choose a Wallet: While the wallet that works best for you will depend on a variety of factors, the overall best wallet that you should choose for this purpose is the eToro cryptocurrency wallet. It supports over 150 currencies and allows you to interchange between them using eToro’s exchange service.
  2. Download the Wallet: Once you have selected the wallet that you wish to use, the next step is for you to download the wallet to your device by searching for ‘eToro Wallet’ in the Apple App Store or Google Play.
  3. Create a Wallet Account: After the app has been downloaded, then it is just a matter of creating a wallet, setting it up, and proceeding to store and spend the cryptocurrencies through your wallet.

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Best Crypto Wallets UK – List

  1. eToro – The Overall Best Crypto Wallet to Buy and Store Cryptocurrencies UK
  2. – Best Crypto Wallet for Staking UK
  3. ZenGo – Best Crypto Wallet With High Standard Security
  4. Alvexo – Best Wallet To Buy Cryptos For All Traders In The UK
  5. OKX – A Wallet That Uses Defi Technology To Work
  6. Margex – Best Crypto Wallet For Beginner Traders UK
  7. Huobi – Excellent Wallet to Buy Bitcoin in the UK
  8. Binance – The Best Crypto Wallet for Android Devices
  9. Coinbase – The Best Crypto Wallet for iPhones and iOS Devices
  10. Kraken – Safe Crypto Wallet To Buy and Store Crypto UK
  11. Coinjar – Best Bitcoin Wallet UK for Long-Term Investors
  12. CoinCorner – The Best Bitcoin Wallet UK for Beginners

Best Crypto Wallets UK 2023

The most important step to buying and storing cryptocurrencies is identifying the right wallet where they can be kept safely until you need them. Sometimes, cryptocurrency wallets also allow you to be able to trade the currencies through their brokerage platform, which is a good way to maximise the security of your assets.

1. eToro – Crypto Wallet to Buy and Store Cryptocurrencies UK

best crypto wallet eToro is overall the best cryptocurrency trading platform and wallet out there to use for traders in the UK. This is despite the fact that it is a non-custodial wallet, in that it is not responsible for liable for the safety of your wallet. eToro makes up for this with the fact that it is regulated by some of the top-tier agencies across the world, including the FCA in the UK. For cryptocurrency traders, this is a welcome change, since the vast majority of cryptocurrency exchanges in the UK do not have proper regulations or insurance, making it a risky proposition for you to trade through them. In addition to Bitcoin, you can also purchase a variety of altcoins through the platform, including ETH, BNB, ADA, XRP, etc.

There is a two-pronged approach that you can employ when it comes to storing your crypto assets with eToro. Firstly, if you wish to trade your crypto through eToro’s trading platform itself, then this can be done very easily. Whenever you make a crypto trade through eToro, the coins are automatically stored in your wallet for you.

However, if you only wish to use the wallet functionality and not the trading platform, then it gets a bit more complicated. In this case, you can use their proprietary wallet technology that stores over 120 cryptocurrencies. The wallet can be downloaded as an app on both Android and iOS devices. This means that it is a mobile wallet, and you do not need to be at your desktop to be able to trade through the eToro wallet. The eToro Crypto wallet is also useful for exchanging cryptocurrencies. In fact, the wallet supports over 500 crypto-pairs, so you don’t need to worry about using a third-party exchange if there is a particular digital coin you are interested in.

best crypto wallet ukeToro is also unique in the way that you can trade in two different ways: you can either exchange cryptocurrencies for fiat currency, or for other cryptocurrencies, The latter is called cross-crypto trading, and it is available on eToro with some of the larger crypto assets. eToro is also a completely commission-free site, and the only fees they charge are their spreads. This means that for every trade you open and close, the only charges you will incur are the charges that you pay as the difference between the bid and ask prices.

eToro also offers a variety of passive trading tools that you can use to trade cryptocurrencies. The platform has a wide variety of social trading tools, that you can use to copy or mirror the trades of other cryptocurrency traders. This way, you can capitalise on the expertise of other experienced traders. In addition to this, they also have a curated CryptoPortfolio, which is a basket of several prominent cryptocurrencies that are given varying weights on the basis of their market capitalisations. This portfolio is managed by the eToro investments team, so you do not have to worry about rebalancing the portfolio regularly. You can get started with an eToro trading account and crypto wallet in minutes – and deposit methods include debit cards, bank transfers, and e-wallets like Paypal.

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. – Wallet for Staking UK

The cryptocurrency exchange, founded in 2016, is one of the fastest and most secure on the market. Over the past few years, has grown rapidly thanks to several developers and an experienced marketing team. More than 250 different currencies are available on, and those who own significant amounts of its token (CRO) are eligible for discounts and reasonable fees.

A account can be linked to multiple digital wallets simultaneously, and the site offers several methods of storing cryptocurrencies, making it an ideal place to invest in cryptocurrencies. A popular example is the DeFi wallet. Moreover, the app provides users with the possibility of earning rewards through tokens or coins, which are similar to those used by decentralized financial applications that utilize blockchain technology. home is among the most accessible cryptocurrency trading platforms, because you only need to deposit $1 in order to open a crypto position. In addition to crypto trading, the platform provides derivative products, so that anyone looking to leverage their position can do so.

Your money is at risk.

3. ZenGo – Best Crypto Wallet With High Standard Security

ZenGo was created in 2011 and is a crypto wallet that does not need a password to function. For that reason, security will not be an issue as ZenGo is equipped with a 3D biometric facial mapping for added security, which makes fraudulent access almost impossible. Furthermore, the ZenGo non-custodial wallet can be adjusted in minutes even if users lose their phone or delete the application.

With this wallet, users have the ability to monitor their investments allowing them to buy and sell cryptocurrencies and earn daily interest. This ZenGo has a built-in function called “ZenGo Trade,” where it is possible to trade with 40 assets.

One aspect to highlight is that thanks to WalletConnect, ZenGo users can access the Web3 ecosystem to trade NFT or generate returns through decentralized financial protocols (DeFi). In addition, ZenGo has an integrated crypto-savings account that offers up to 8% APY on select digital currencies, well above what “traditional” banks offer.

As for commissions at ZenGo, you should know that this platform charges some minimum commissions ranging from 1.99% to 5.99%, depending on the method you use to buy cryptocurrencies such as Bitcoin. Commissions for sales and trading cryptocurrencies are 1.99% and 0.75%, respectively.

ZenGo does have some fees associated with it, although they are minimal for some transactions. ZenGo, for example, charges a processing fee of 1.99% if a wire transfer is used or 5.99% if a credit or debit card is used to buy cryptocurrencies. In addition, fees are associated with selling and trading cryptocurrencies: 1.99% and 0.75%, respectively.

Your money is at risk.

3. Alvexo – Wallet To Buy Cryptos For All Traders In The UK

Traders at this broker will enjoy a friendly and convenient trading environment. Moreover, by taking part in such an endeavor, they will be able to learn new skills and learn things that will be beneficial to them. Based in Paris but with offices in Cyprus, it was founded by Alvexo in 2014. Trades can be executed quickly and efficiently through a platform that Alvexo provides to its traders.

CFDs can be traded via Alvexo’s platform by foreign exchange traders. In addition to mobile applications and web-based platforms, the platform has many of the same features as those of a stockbroker. Because Alvexo is a CFD platform, commissions are deducted from the spread on every asset based on the fact that it is a CFD platform. For Classic Accounts, there are a variety of spreads available. Despite this, Classic Account spreads start as low as 2.9 pips. The spread is the only fee assessed, and no other charges are imposed.

alvexo solana view

It is easy to trade and learn on Alvexo. Education and trading signals are available, along with webinars, eBooks, economic calendars, and even a financial web TV channel. Additionally, CySEC is known for its reputation for security, and since the platform is regulated and licensed in the EU, traders can also take advantage of this.

76.22% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

4. OKX – A Wallet That Uses Defi Technology To Work

Onthis platform, it is also possible to use an OKX own wallet, and if you want, you can download the wallet application separately. There are about 36 digital assets available. In this wallet, you also can participate in DeFi and NFT projects.

Among the functions supported in OKX, you can view your assets, transfer funds, and add networks.

OKX also offers the possibility to keep all your digital assets in cold storage, which means that the wallet storage is not connected to an internet network. Another aspect to highlight is that the OKX wallet uses DeFi technology. This guarantees decentralization, which means that the user is responsible for the total security of the funds without needing a third party to intervene.

If you want to open an account and use the OKX wallet is completely free. Just download the application on your mobile device.

Your money is at risk.

5. Margex – Crypto Wallet For Beginner Traders UK

Margex has been providing cryptocurrency brokerage and trading services globally since its founding in 2020. Because of this, Seychelles is an ideal market to launch this platform. Besides the fact that KYC information is not required to operate the exchange, another aspect you must consider is privacy.

Due to its accessibility from anywhere in the world, it provides a more convenient way to manage your finances, as well as protecting your financial information. With Margex’s security program, users can create a user-specific MP Shield (Listener Protection Shield) with encrypted data to shield them from financial risks. Moreover, the platform does not maintain a record of crypto assets that have been subjected to price manipulation as a market-maker. To ensure the security of your account, a variety of security options are available during withdrawals and deposits.

The verification of step two is not required for other similar platforms. This will however prevent you from taking advantage of some of the benefits when using the service.

Newcomers to cryptocurrency trading may be able to access Margex’s trading website for information thanks to its intuitive interface. But they shouldn’t start trading right away. For beginners to achieve success in crypto trading, articles and video guides are also a great resource. Beginners can use Margex’s trading website to gather information before they start trading right away since it has an easy-to-use interface. The Crypto Trading Guide offers a range of articles and video guides aimed at beginners with the goal of making money in crypto trading.

Your Money Is At Risk.

6. Huobi –  Wallet to Buy Bitcoin in the UK

Located in Singapore, Huobi provides cryptocurrency exchange services, as well as online financial services. Huobi is a popular cryptocurrency exchange that provides users with access to resources such as Bitcoin, Ethereum, and XRP as well as the opportunity to participate in initial coin offerings (ICOs) before they are mainstreamed. Huobi was founded in Beijing, China. Following the government’s expulsion of cryptocurrency exchanges in 2017, its presence in the Chinese cryptocurrency market grew rapidly.

A favorable crypto law regime led the company to move to Singapore. The largest crypto exchange in the world, Huobi offers over 355 types of cryptocurrency. Over five million users are active on the platform, which boasts 130 countries. Using a daily trading volume measure derived from Coinmarketcap, Huobi ranks third on top cryptocurrency exchanges. The list also includes Coinbase and Bithumb.

It is because of this accessibility that Huobi has become so popular. This is one of the most convenient ways to trade both for new and experienced traders at the same time.

After you have completed the account setup process you will only have to wait about two minutes for it to be complete. Similarly, you should be able to do it easily, so please do not hesitate to do it.

As of today, Huobi has not experienced any security breaches since launching its company wallets. As a result of several strict security protocols, we have been able to achieve this enviable record. In addition to this, the Huobi crypto funds are not accessible by bad actors since the funds are taken care of by a cold storage facility located off-chain, hence the bad guys can’t access some of the funds.

Your Money Is At Risk.

7. Binance – Crypto Wallet for Android Devices

best crypto wallet appBinance, one of the largest and most popular cryptocurrency wallets, is a wallet that is highly used by professional day traders, especially those who have Android devices. This is because the Binance platform is heavily optimized to be of use on Android devices. The platform also, by virtue of being a very large crypto exchange, has the largest collection of cryptocurrencies among all the other platforms. If there is any altcoin you wish to invest in, whether it is small-cap or large-cap, there is a very high chance that Binance will have it. Just like eToro, Binance allows you to exchange your cryptocurrencies for both fiat and other cryptocurrencies. Since Binance has billions of dollars in trading volume flowing through it on any given day, it has a very high level of liquidity. Usually, you will be able to deposit funds into Binance via credit/debit card or a bank transfer, making for a convenient experience.

best crypto wallet 2021

The Binance wallet is very similar to the eToro wallet, in that it also follows a 2-pronged approach. If you choose to use the Binance trading platform, then all your crypto is safely stored on your Binance wallet, which can be accessed through the Binance trading app itself. There is a range of safeguards on the wallet which make Binance easily the most secure crypto wallet among all the crypto wallets available on this list. This includes the vast majority of client funds being held in cold storage, alongside two-factor authentication and email confirmation on key account features being accessed. On the other hand, you could also use the Binance Trust wallet, which is available as a separate app and allows you to store your currencies in a completely decentralized and separate app, trading higher control over your wallet for a lower range of security measures. 

The platform charges high fees for deposits and withdrawals – between 2% and 3%. However, they have very low trading fees and are known for being one of the cheapest crypto trading platforms in terms of their fees. Usually, the fee is 0.1%, and it is even lower if you have an allocation of the Binance Coin (BNB). They also have a wide variety of tools and technologies available specifically for cryptocurrencies, which makes them a suitable option for highly experienced crypto traders.  

Your money is at risk.

8. Coinbase – Crypto Wallet for iPhones and iOS Devices

best crypto hardware walletCoinbase is one of the largest cryptocurrency trading and investing platforms in the world, and like Binance, it has a very high level of variety when it comes to the different coins that you can access through it. Over 73 million users access Coinbase, which has more than $255 billion in assets under management. Same as with the other two platforms, you can either use the Coinbase trading platform or simply their wallet separately. This is available in two forms – through the Coinbase website or via a native mobile app.

If you wish to use a wallet that is accessible through the Coinbase platform, then you can simply send your crypto assets to the unique address provided by Coinbase, and this will then be used to store your coins. On the other hand, if you wish to have access to your coins on the move through your device, then you can download the Coinbase app onto your phone. While it is available for both the iPhone and Android, the platform is more suited for iOS devices. The wallet is backed by heaps of security features – including two-factor authentication. This requires you to enter a code that is sent to your mobile phone before you can access your crypto wallet. 

best wallet for crypto

Your money is at risk.

9. Kraken – Safe Crypto Wallet To Buy and Store Crypto UK

cheap crypto to invest in

Kraken was founded in 2011 in San Francisco, one of the first cryptocurrency exchanges in the country. Over 4 million users in many countries around the world use it 10 years after it was launched.

Trading cryptocurrencies in the future is possible on the platform, which is not available on most other trading platforms. Kraken has become a very popular trading platform due to its wide range of margins as well as its extremely user-friendly interface.

best crypto to invest in now

Security and safety are of the highest standard at the company. Furthermore, it is a straightforward application, with high margins, regardless of what kind of currency a user trades, that allows them to trade any currency they wish. Various leverage levels are available.

You have the option of choosing between either an advanced or a basic interface on the Kraken and Kraken Pro exchanges for buying cryptos. In addition, all versions can be accessed via your Android or iOS device. Apart from the company’s no minimum deposit policy, if you run into any problems with the platform, their 24/7 customer service will be on hand to help you.

Your money is at risk.

10. Coinjar – Bitcoin Wallet UK for Long-Term Investors

the best crypto trading platform

Over the years, Coinjar has received many awards for its global cryptocurrency platform as a result of its global presence. It is still the largest cryptocurrency broker in the world, despite its entry into the market. It is possible to purchase and sell Bitcoins as well as other cryptocurrencies using Coinjar.

The site provides the ability to exchange cryptocurrency at any time of the day and night. A full-featured Bitcoin wallet is also offered here in the United Kingdom by Coinjar, which offers the capability of buying cryptocurrencies directly on its platform. At the moment, Coinjar is available for both Android and iOS platforms.

best crypto buying platform

As it is based on your specific operating system, all its aspects are laid out and optimized accordingly, making it quite straightforward to use. When the application has been installed, you will receive your cryptos at your unique wallet address once the application has been installed.

Your money is at risk.

11. CoinCorner -Bitcoin Wallet UK for Beginners

what is the best crypto walletIf you are only just getting interested in the world of cryptocurrencies and wish to use a wallet/platform that is not very complicated, then CoinCorner is the perfect platform for you. The primary reason for this is that the user interface of the platform caters primarily to beginners, and is designed in a way that does not confuse someone who might not have a lot of trading experience. The platform also serves as both a broker and a wallet, with you being allowed to purchase cryptocurrencies through a UK debit/credit card or bank account transfer, and providing the functionality of being able to store it on the CoinCorner wallet app. 

the best crypto wallet

The app is available for both Android and iOS users, and while it is definitely the wallet of choice if you are a beginner, it is not the most secure option for you to use. The high usability is a trade-off against the lower levels of security. Finally, we should also mention that CoinCorner is worth considering if you are looking to make small but regular cryptocurrency investments. This is because it supports recurring payments that are automated to your preference – for example, £20 per week or month.

Your money is at risk.

What is a Crypto Wallet?

If you are looking to invest in Bitcoin, then one of your biggest considerations should be about how you plan to keep your coins safe. In this regard, you need to understand that, unlike traditional money, cryptocurrencies cannot be stored in a bank account. Instead, they have to be stored in a ‘digital wallet’. There are several Crypto wallets that you can use for this purpose, and each of them differs from the others in its own way. Some people might choose to go for a mobile wallet since it allows them to monitor and manage their cryptocurrency investments on the move. On the other hand, some people might choose to have a wallet that is only available on desktop devices.

Regardless of the different types of wallets, which are discussed below in detail, the primary purpose of the wallet is to allow you to send, receive, and store digital currencies. Each of these wallets has a unique address that you can use in order to send and receive cryptocurrencies from other wallets. When you want to send funds to your personal cryptocurrencies wallet, you will need to enter your public address. In terms of safety, your crypto wallet is protected by a ‘private key’. This is like the password and pin codes that you use to access your online bank account. Most crypto wallets in the UK allow you to easily access your wallet without having to remember the private key, simply by setting up a password or a biometric login for your convenience.

Crypto Paper Wallet vs Crypto Hardware Wallet

As mentioned above, there are several types of crypto wallets that you can use in order to store your cryptocurrencies. Each of these has its own set of advantages and disadvantages, and therefore are chosen by different people based on their preferences. For example, two of the biggest categories of crypto wallets are paper wallets and hardware wallets. Both of these categories have been discussed below in detail.

A crypto paper wallet is an old-school way of storing cryptocurrencies because your crypto wallet address will be printed onto a piece of paper in the form of a QR code. In order to do this, you will need to use an online platform that has the capacity to generate a free crypto wallet address. Then, it’s just a case of transferring the cryptocurrencies to the respective address, and printing the credentials. In theory, it’s virtually impossible for somebody to hack your crypto paper wallet. After all, the funds are kept offline at all times. However, the main drawback here is that when it comes to transferring your cryptocurrencies out to another wallet (for example, if you wanted to cash out your coins), the process can be cumbersome.

On the other hand, on a hardware wallet, your coins are stored via a physical device. Hardware wallet providers offer top-notch security on your crypto funds. To get started with a hardware wallet, all you need to do is to buy a crypto hardware wallet from your chosen provider, set up a PIN number via the device that arrives with your wallet, and transfer the cryptocurrencies to your unique hardware wallet address. Opting for a hardware wallet to store your cryptocurrencies is a really safe option to consider. For example, funds can only be sent if you have access to the physical device – which requires your PIN for authorization. If you forgot your PIN or the device was stolen, you can remotely access your crypto wallet with the previously mentioned passphrase.

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

How to Choose the Right Crypto Wallet for You

As mentioned earlier, there are a variety of factors to consider when you are trying to choose to right kind of wallet for your needs. In this regard, each of these factors has been discussed below in detail.

Wallet Type

When trying to choose the right kind of wallet for yourself, it is important for you to understand what the different types that are available are. These can be discussed as follows:

  • Web-Wallet: This means that you will be keeping your crypto funds with the exchange or broker that you used to make the purchase. This is usually the least secure option among all the other options that are available for you. The one exception to this rule is eToro – which is authorized and regulated by the FCA.
  • Desktop-Wallet: There are lots of crypto wallets in the market that can be downloaded to your desktop device. Although these are a little more secure than a mobile wallet, you will need access to your desktop software wallet every time you wish to send funds, which makes it a tad inconvenient as compared to the other types of wallets.
  • Mobile-Wallet: This wallet type offers the perfect balance between convenience and security. Regarding the former, you can send, receive, and trade cryptocurrencies by simply opening the wallet app. In terms of security, the best mobile wallets offer two-factor authentication, biometric login, and email confirmation on withdrawals.
  • Hardware-Wallet: Hardware wallets offer the highest level of security on your crypto funds. Not only are the funds kept offline, but to transfer funds you need to physically enter your PIN onto the device. On the flip side, hardware wallets are the least convenient when it comes to transfers. Some providers will offer a few of these, like the exodus wallet as a mobile, desktop and hardware wallet.

Custodian or Non-Custodian

There are two types of crypto wallets that are available: custodian and non-custodian wallets. They differ solely in the sense that custodian wallets are responsible for keeping your cryptocurrencies safe in the wallets, whereas when you use a non-custodian wallet, the onus is on you to keep the crypto you store in the wallet safe and sound. In other words, when you use a custodian wallet, you don’t need to worry about storage as this role is reversed for the entity behind the wallet. Crucially, if you do go the custodian route, consider an FCA-regulated broker like eToro.


Most crypto wallets only offer the bare minimum when it comes to services, in that they allow you to store your crypto safely with them, and transfer it whenever you wish to do so. On the contrary, some other crypto wallets, such as the eToro Crypto Wallet specifically, allow you to even buy and sell cryptocurrencies without paying any commissions. They also allow you to buy shares, ETFs, commodities, and all the other products that are available on the eToro platform. At the same time, another benefit is that these platforms usually allow cross-currency transactions, meaning you can easily change one cryptocurrency to another.

Supported Coins

This is an important consideration to make, as some online wallets only support Bitcoin. As such, if you then decided to buy Ethereum or Litecoin, you would need to obtain a secondary wallet. This is why the best crypto wallets in the UK offer support for heaps of other digital coins. In the case of our top-rated UK wallet provider eToro – you can store over 120 different cryptocurrencies. This allows you to build a diverse portfolio of digital assets and keep all of your coins in a single wallet.

How to Get a Crypto Wallet – eToro

Step 1: Open a Trading Account

best crypto wallet reddit

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

The first thing that you need to do is to navigate to the eToro homepage and click on “Join Today”. Then, you will be asked to fill a short form that asks for your contact details and makes you set up your login credentials. Alternatively, you can also sign up via your Facebook or Google account for easier sign-ins and to avoid having to remember your username and password. 

The next step is for you to verify your identity by uploading a copy of your ID. Since eToro is a regulated platform, they have to complete the KYC (Know Your Customer) process before they allow you to trade. This verification process has two parts to it. The first part involves verifying your identity. For this, you can upload a copy of any government-issued ID, such as a passport, driving license, or visa. The next part is an address proof, for which you can either upload a bank statement or utility bill. Once you have uploaded the documents, eToro has a quick response time, and will usually verify your account in a few hours. 

The third step is to then deposit funds into your account. The minimum deposit on eToro is 200 GBP. This can be done in a variety of ways. For starters, you can add money to your eToro account via bank transfer or via credit/debit cards. They also accept a variety of e-wallets such as PayPal and Skrill. You can add funds in different currencies too, such as USD, GBP, and EUR. There are no fees or charges associated with depositing funds into your account, and they show up almost immediately. 

Step 2: Download the eToro Wallet to Your Phone

Once you have registered with the eToro app, then the next step for you is to download the eToro wallet app. You can easily download it from either the Google Play Store or the Apple Store by clicking the link on the app. Once the app has been downloaded, you can then sign in to your wallet using your normal eToro credentials. 

Step 3: Add Cryptos to your eToro Wallet

best mobile crypto wallet

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Now that you have access to your eToro wallet, you need to transfer your cryptocurrencies. If at this stage you do not have any cryptocurrencies, you can buy some directly from within the eToro app. If, however, you already own cryptocurrencies, you will need to locate your unique wallet address from within the app. Copy it to your clipboard and then head over to the wallet in which the cryptocurrencies are currently stored. Then, you simply need to paste the wallet address and specify how much crypto you want to transfer. The funds should appear in your eToro Crypto Wallet in less than 20 minutes. 

Step 4: Sell Your Cryptos

At some stage – whether that’s in weeks, months, or years to come – you will want to cash out your cryptocurrencies back to pounds and pence. eToro allows you to do this at the click of a button. As soon as you confirm the sale, the cash will be placed into your eToro account. Then, you can withdraw the funds back to your debit/credit card, e-wallet, or bank account.

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.


What is the best crypto wallet for iOS?

The best crypto wallet for iOS will differ largely based on your requirements and trading preferences, but overall, Coinbase is definitely the platform most optimised for iOS use.

What is the best Android crypto wallet?

The best crypto wallet for Android will differ largely based on your requirements and trading preferences, but overall, Binance is definitely the platform most optimised for Android use.

How do I check my crypto wallet address?

This depends on the type of wallet you have opted for. If it's a mobile wallet, then you can usually view your address as soon as you load the app up. If opting for a web wallet, you can find your address from within your account dashboard.

What is the safest crypto wallet?

The safest crypto wallet is clearly eToro, as in addition to its other features, the platform is also FCA approved, making it the most secure place to store your funds.

What is the best anonymous crypto wallet?

The vast majority of crypto wallets allow you to store your funds anonymously. The exception to this rule is if you are using a wallet provider that also supports purchases with a debit/credit card or other fiat currency method. If it does, you will be required to verify your identity before you can start using the wallet.

How do I keep my wallet private keys safe?

The easiest way to keep your wallet safe and secure is to write down your private keys on a piece of paper and keep them securely somewhere.

Can you store Bitcoin and Ethereum in the same wallet?

Yes, if you are using a multi-currency wallet, then you can store Bitcoins, Etheruem, and a variety of other cryptocurrencies in the same wallet.

Nishit Kumar

Nishit Kumar

I'm a second year Accounting and Finance student at the University of Warwick, in addition to being an incoming Trading Analyst at Morgan Stanley. I'm passionate about the financial markets and all things finance.