eToro Expands UAE Platform, Allowing Crypto Deposits From External Wallets
In conjunction with this feature, eToro introduced a new benefit for UAE-based users, offering 1% back in UAE-listed stocks when crypto deposits are converted to USD.
eToro, the trading and investing platform, has announced that it now allows crypto deposits in the UAE, making it one of the few platforms in the region to enable users to transfer cryptoassets from other exchanges, brokers, or blockchain wallets. In conjunction with this feature, eToro introduced a new benefit for UAE-based users, offering 1% back in UAE-listed stocks when crypto deposits are converted to USD.
Eligible users can now transfer bitcoin (BTC), ethereum (ETH), XRP, USDC, Chainlink (LINK), Aave (AAVE), Uniswap (UNI), Polygon (POL), and Fetch.ai (FET) from external wallets or exchanges to their eToro Crypto Wallet. Once transferred, the crypto can be converted to USD and used to invest across eToro’s multi-asset platform.
Users who convert their crypto deposits to USD will receive 1% back in their chosen stock from a selection of leading ADX- and DFM-listed equities, which will be added directly to their trading portfolio. This feature aims to give investors greater flexibility in managing their digital assets while encouraging diversification into local market opportunities.
eToro emphasized that this move addresses the growing trend of younger investors starting with crypto and seeking seamless ways to diversify into other asset classes. The platform’s UAE offering aims to connect crypto holdings with both local and global investment opportunities, supporting a more integrated and diversified investment approach for retail investors in the region.
