RiverUp to $100 in BTCeToro vs River: fees, withdrawals, safety and which to use
Published fees show that either eToro or River charges $10 for a $1,000 purchase by bank transfer.
eToro vs River fees
Each exchange's own pages show the dollar fees that eToro and River charge for $1,000.
| $1,000 and the basics | eToro | River |
|---|---|---|
| Buy by bank transfer (ACH) | $10 | $10 |
| Buy by wire | – | $10 |
| Sell and send to your bank (ACH) | $10 | – |
| Cash out to your bank (ACH) | $0 | $0 |
| Cash out by wire | $0 | $0 |
| Cash out instantly to a debit card | – | $10 |
| States it does not serve | Nevada, Hawaii, Puerto Rico, U.S. Virgin Islands, American Samoa, Guam | Nevada, New York |
| Serves New York | Yes | No |
| Bank withdrawal | Free, 7-day hold after online-banking deposits | There's no fee, and standard withdrawals arrive within 1 to 3 working days. |
| NYDFS licence | Yes | No |
| FinCEN registration | Registered | – |
| App Store rating (ratings) | 4.4 (9,966) | 4.9 (9,070) |
| Coins listed | 113 | – |
A dash means the exchange hasn't published a figure for that row. "The phrase "Not offered" means that method isn't supported.
eToro vs River in your state
Although eToro serves New York, River does not.
River serves Hawaii, Puerto Rico, U.S. Virgin Islands, American Samoa and Guam, where eToro does not.
eToro vs River withdrawals
eToro charges no fee for bank withdrawals. Deposits through online banking have a 7-day hold. Processing then takes up to 2 working days, and transfers usually take under 3 working days.
River charges nothing for withdrawals to your bank. Standard withdrawals arrive in 1 to 3 working days, with a $10 minimum.
eToro vs River safety
NYDFS grants eToro the licence or charter it holds in New York.
In New York, River is not licensed by NYDFS.
eToro vs River apps and coins
On the App Store, eToro's app scores 4.4 out of 5 from 9,966 ratings.
The River app receives 4.9 out of 5 on the App Store, based on 9,070 ratings.
Which exchange should you choose, eToro or River?
- Choose eToro if you want the eToro app, which has a simple buy screen.
- Go with River if you want the River app and its simple buy screen.
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