A method for sharing, at a first electronic device, wireless power with a second electronic device is provided. The method includes performing connection with the second electronic device; obtaining power-related information of the second electronic device; determining a power state of the second electronic device based on the power-related information of the second electronic device; determining an amount of electric power to be transmitted to the second electronic device based on the power state of the second electronic device; and transmitting the electric power of the determined amount to the second electronic device. Charging is enabled anytime, anywhere, as long as there is an electronic device to share electric power, thereby increasing user convenience.