Financial and Business News

Gemini Accounts in the UK, EU, and Australia Can Be Transferred to eToro Ahead of Closure

Thursday, 05/02/2026 | 17:12 GMT by Tareq Sikder
  • Customers urged to unstake, cancel orders, and withdraw crypto and fiat before April.
  • Last year, eToro Europe received CySEC approval, enabling operations under MiCA and MiFID.
eToro and Gemini

Gemini is partnering with eToro to support customers in the United Kingdom, European Union, and Australia as it prepares to close its services in these regions.

Last year, eToro’s European subsidiary, eToro Europe Ltd, received an approval from the Cyprus Securities Exchange Commission. The approval allows the platform to operate under the EU’s Markets in Crypto-Assets Regulation and ensures compliance with the Markets in Financial Instruments Directive.

Gemini Shuts UK, EU, Australia Accounts

Effective 6 April 2026, Gemini will shut all customer accounts in the UK, European Economic Area, and Australia. The closure will take place in stages. During the initial phase, existing customers can continue using their accounts, but new account creation and incentive programs will be disabled.

Starting 5 March 2026, all affected accounts will enter withdrawal-only mode. Customers will no longer be able to sell crypto assets. Gemini advises that all remaining crypto and fiat balances be withdrawn before 6 April 2026.

Gemini Guides Clients Ahead eToro Transition

Gemini has issued guidance to customers ahead of the wind-down. It recommends refraining from new fiat or crypto deposits, unstaking any staked assets, selling crypto for fiat if needed, and cancelling recurring orders.

To ease the transition, Gemini has partnered with eToro. The company stated, “We have partnered with eToro to ensure a smooth transition and special signup bonuses for Gemini clients in the UK, EU, and Australia transitioning to the eToro exchange.”

eToro Offers Multi-Asset Platform Access

Gemini clarified that customers are free to move assets to any platform of their choice and encouraged users to conduct their own research. The company noted it is not responsible or liable for assets once they leave the exchange.

eToro operates a multi-asset platform that includes more than 150 cryptocurrencies , equities from over 20 global stock exchanges, and over 100 curated Smart Portfolios. Users can also copy trades of more than 4,000 investors on the platform.

Gemini is partnering with eToro to support customers in the United Kingdom, European Union, and Australia as it prepares to close its services in these regions.

Last year, eToro’s European subsidiary, eToro Europe Ltd, received an approval from the Cyprus Securities Exchange Commission. The approval allows the platform to operate under the EU’s Markets in Crypto-Assets Regulation and ensures compliance with the Markets in Financial Instruments Directive.

Gemini Shuts UK, EU, Australia Accounts

Effective 6 April 2026, Gemini will shut all customer accounts in the UK, European Economic Area, and Australia. The closure will take place in stages. During the initial phase, existing customers can continue using their accounts, but new account creation and incentive programs will be disabled.

Starting 5 March 2026, all affected accounts will enter withdrawal-only mode. Customers will no longer be able to sell crypto assets. Gemini advises that all remaining crypto and fiat balances be withdrawn before 6 April 2026.

Gemini Guides Clients Ahead eToro Transition

Gemini has issued guidance to customers ahead of the wind-down. It recommends refraining from new fiat or crypto deposits, unstaking any staked assets, selling crypto for fiat if needed, and cancelling recurring orders.

To ease the transition, Gemini has partnered with eToro. The company stated, “We have partnered with eToro to ensure a smooth transition and special signup bonuses for Gemini clients in the UK, EU, and Australia transitioning to the eToro exchange.”

eToro Offers Multi-Asset Platform Access

Gemini clarified that customers are free to move assets to any platform of their choice and encouraged users to conduct their own research. The company noted it is not responsible or liable for assets once they leave the exchange.

eToro operates a multi-asset platform that includes more than 150 cryptocurrencies , equities from over 20 global stock exchanges, and over 100 curated Smart Portfolios. Users can also copy trades of more than 4,000 investors on the platform.

Topics
cryptocurrency
etoro
eToro News
gemini
About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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