How do I connect my eToro Wallet account to CoinTracker?
CoinTracker automatically syncs the transactions from a public address you add. We currently support eToro Wallets with BTC, ETH, XRP, LTC, BCH, XLM, TRX, and ADA. We also support over 2,500 coins via manual entry.What is eToro Wallet?
eToro Wallet is a custodial cryptocurrency wallet offered by eToro, a leading global trading and investment platform. It allows users to buy, sell, send, and store a variety of cryptocurrencies, including Bitcoin, Ethereum, and stablecoins. Available on both iOS and Android, eToro Wallet gives users the flexibility to transfer crypto between the eToro trading platform and external wallets, while providing security through multi-signature verification and on-chain protection.
Do I pay taxes on my eToro Wallet transactions?
Yes. Any crypto activity involving eToro Wallet can trigger taxable events.
You must report:
Selling crypto for fiat currency (capital gains/losses)
Swapping one crypto for another
Spending crypto on goods or services
Earning staking rewards or promotional bonuses
Even though your assets are stored in eToro's wallet, all disposals and income-generating transactions must be reported to your tax authority.
Does eToro Wallet report to the IRS?
Yes. eToro, as a regulated financial institution, may report user activity to the IRS and other tax agencies where required. U.S. customers may receive tax forms such as Form 1099-DA or Form 1099-B, depending on their trading activity. However, these forms may not capture all crypto events — especially wallet transfers or off-platform activity — so using CoinTracker ensures full reporting coverage.
Can the IRS see my eToro Wallet transactions?
Yes, potentially. Since eToro is a regulated broker, it is required to maintain transaction records and may share user data with tax authorities when necessary. Additionally, blockchain transactions originating from or sent to your eToro Wallet are publicly visible on-chain.
Does eToro Wallet have tax documents?
Yes, but only for certain users. eToro issues tax documents to eligible customers based on their jurisdiction and transaction volume. These forms typically summarize trading or disposal activity on the eToro platform, but not all wallet transfers. For complete tax coverage, connect your eToro Wallet to CoinTracker to track on-chain activity and generate a comprehensive tax report.
How do I get tax forms from eToro Wallet?
To access your eToro tax documents:
Log in to your eToro account.
Go to Settings → Account → Tax Documents.
Download your Form 1099-DA or Annual Statement (if available).
Upload the CSV file to CoinTracker, or connect your wallet's public addresses.
CoinTracker will consolidate both your eToro trading and wallet activity, calculate your cost basis, and generate your full crypto tax report.
How are crypto transfers between eToro and eToro Wallet taxed?
Transferring crypto between your eToro trading account and your eToro Wallet is generally non-taxable, as it's considered a transfer between wallets you own. However, any crypto you sell, swap, or send from your eToro Wallet to another user or external address is a taxable event. CoinTracker automatically distinguishes between taxable and non-taxable transfers to keep your reporting accurate.