Can I Buy Bitcoin with Wise?

You cannot use a Wise account to send money directly to cryptocurrency exchanges or fund crypto wallets. Wise’s Acceptable Use Policy prohibits crypto-only transactions for both personal and business accounts.

However, Wise transfers are supported by some multi-asset brokers such as eToro, which are globally licensed and offer crypto trading alongside stocks and ETFs. Because these platforms operate as regulated brokers, Wise bank transfers are accepted for deposits.

The Wise debit card also works anywhere Mastercard is supported, including on compliant brokers that accept card payments. Investors should always confirm licensing in their region and transfer purchased assets to secure storage if holding long term.

How to Buy Crypto with Wise

Based on our testing, eToro is the only regulated broker that works seamlessly with Wise, giving customers access to more than 6,000 assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), stocks, and ETFs. 

eToro accepts deposits in EUR, USD, AUD, and other major currencies through SEPA, SWIFT, and local bank transfer methods, all of which are supported by Wise.

Follow these steps to invest through eToro using Wise:

1. Open an eToro Account: Register on the eToro platform and complete verification.
2. Deposit with Wise: Transfer funds via SEPA, SWIFT, or other supported local bank transfer options. The Wise debit card can also be used where accepted.
3. Choose Your Asset: Select from leading cryptocurrencies or other markets available on eToro.
4. Confirm the Trade: Enter the amount, review, and finalize. The purchased crypto is credited instantly to your eToro wallet.

Wise’s Cryptocurrency Policies

Wise’s Acceptable Use Policy bans account use for crypto. You cannot send money to exchanges like Binance, fund wallets, or receive peer-to-peer payments. These rules apply to both personal and business accounts, and Wise may block accounts that attempt such transfers.

The Wise debit card is treated differently. As a standard Mastercard, it can be used on lawful platforms in supported regions. Transfers to dedicated crypto exchanges are usually declined, but regulated multi-asset brokers such as eToro do accept Wise deposits via bank transfer or card. eToro is licensed under MiCA in Europe, FCA in the UK, and FinCEN in the US, making it a compliant route for Wise users.

In practice, Wise only clears payments to institutions that meet regulatory standards and enforce KYC and AML checks. This is why brokers like eToro, which also handle stocks and ETFs, work reliably with Wise, while crypto-only venues generally do not.

Fees and Deposit Limits for Wise Customers

When funding eToro with Wise, it’s important to know how deposits, withdrawals, and trading fees work.

Deposits:

• Bank transfers through Wise (SEPA, SWIFT, or local rails) are free on eToro, with a $10 minimum in most regions.
• Wise debit card deposits are accepted but can include processing or FX conversion fees.
• eToro accounts run in USD, so deposits in EUR, GBP, or AUD incur conversion costs, usually around 0.5–0.75%.

Withdrawals:

• eToro charges a flat $5 withdrawal fee.
• Wise lets users receive USD, EUR, or GBP directly, which lowers conversion costs.
• SWIFT withdrawals may include intermediary bank charges outside Europe.

Limits:

• The first deposit minimum is typically $50, though some regions are lower.
• Daily and monthly limits are high enough for both retail and institutional traders.
• Wise applies only standard transfer thresholds, not separate deposit caps.

Trading Fees:

• eToro applies spreads starting near 1% on crypto trades, with no added commission.
• Stocks and ETFs trade commission-free, though FX conversion applies if the asset is not in USD.

For Wise customers, eToro is the only compliant and cost-effective option, offering access to Bitcoin, Ethereum, Solana, and thousands of other assets.

Best Alternative Exchanges for Wise Customers

While eToro is the most reliable option for Wise users, other MiCA-regulated platforms that act as brokers (not pure exchanges) also support Wise deposits:

• Bitpanda: An Austria-based broker fully licensed in Europe. Supports EUR funding via SEPA, debit/credit cards, Skrill, and Neteller. Offers 200+ cryptocurrencies plus over 3,000 stocks, ETFs, and commodities. Average trading fee is 1.49%.
• OKX: MiCA-compliant and supports EUR deposits through SEPA, Apple Pay, and Mastercard, meaning Wise debit cards can be used for funding. Lists 350+ cryptocurrencies and offers advanced tools including perpetual contracts and DeFi features. Fees start at 0.08% maker and 0.1% taker.
• Uphold: London-based broker with over 10 million users. Provides 300+ cryptocurrencies along with fiat and metals. Publishes real-time proof-of-reserves updated every 30 seconds. Accepts EUR deposits through SEPA, bank transfers, and cards. Spreads range from 0.2% to 2.95%.

Wise customers should weigh deposit rails, FX conversion costs, fee structures, and asset range before selecting a platform.

About Wise

Wise is a London-based fintech that provides international money transfers and multi-currency accounts for individuals and businesses. Its core products include the Wise Account, Wise Business, and Wise Platform, which supports partners with cross-border payment infrastructure. 

Customers can hold and convert funds in over 40 currencies at mid-market rates with transparent fees. As of FY2025, Wise serves more than 15.6 million active users worldwide.

Final Thoughts

Wise does not allow direct crypto purchases, but you can fund regulated brokers like eToro to trade Bitcoin and thousands of other assets. Before depositing, check regional licensing, compare FX conversion costs, and set clear withdrawal plans. 

Once purchased, move your holdings into a secure self-custody wallet to protect them long term.