Welcome to the realm of cryptocurrency exchange where Crypto.com is the multifaceted cryptocurrency exchange platform in the globe that stands out from the crowd. It allows investors to trade with cryptocurrencies like Bitcoin(BTC) and Ethereum (ETH) offers an integrated platform for crypto transactions and secures your digital assets.
Before trading with cryptocurrencies investors might be wondering to know how to withdraw from Crypto.com when desiring.
If you are looking to trade with cryptocurrencies and wish to explore more about it, then stay tuned with us.
To dig deeper into it we have brought this guide for you. So, let’s get into it.
About Crypto.com
The most popular cryptocurrency exchange platform Crypto.com lets you buy or sell cryptocurrencies from about 250 plus different digital assets, tokens, and NFTs. With a very user-friendly interface, crypto.com offers robust security features to users and they can transact with a two-factor authentication process. Most importantly, it offers crypto debit cards that offer 5% cash back without any fees.
There are several ways to withdraw money from crypto.com. But before you withdraw cash from your crypto.com account, you need to link your bank account with Crypto.com.
How to Link Bank Account with Your Crypto Wallet
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Open crypto.com and log in to your account.
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After logging in go to the “Fiat Wallet page”
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Click on the “Add Bank Account” option
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Here, you need to enter your bank account number along with the sort code.
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Once done, Crypto.com will then verify by making a small transaction to your bank account. This process may take a couple of working days to complete.
How to Withdraw Cryptocurrency From Crypto.com Wallet
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First, you need to set up a Crypto wallet which could be an Exchange wallet.
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Now log in to your Crypto.com account and navigate to the “wallet” page.
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Here, you need to pick the Cryptocurrency, you wish to withdraw.
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Now tap on the “Transfer” tab located at the upper right corner of the screen.
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Tap on “Withdraw”. Here you have two options to withdraw, 1) Withdraw to an external wallet. 2) Withdraw to your Crypto.com app that you have already connected with your Crypto.com app to the exchange.
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Tap on “External Wallet” to withdraw in an external address.
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You will be redirected to the “ Withdrawal Address allowing list page”.
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Tap on the + button to “Add Withdrawal Address”.
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Pick the “Wallet Address” and enter your Crypto Wallet address. You have the option to scan the QR code if available to add the address.
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Name your newly added withdrawal address with a unique name for easy identification and tap on “ Continue”.
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For confirmation, Crypto.com will send an email to your new withdrawal address.
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Here, you need to enter the OTP and Google verification code sent to your email to authorize the withdrawal.
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Finally, click on “Confirm Withdrawal”.
Withdrawal may take hours to process, so, you need to wait to complete it
How to Withdraw Money from Your Bank Account
You may need to withdraw your money from your Crypto.com account. Here is how to withdraw money from Crypto.com,
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Open your Crypto account by logging into Crypto.com.
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Add a bank account. If already done proceed with other steps.
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Choose the “Crypto” you wish to withdraw and click on the “Transfer” tab located beneath your crypto balance.
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Then tap on “Withdraw”.
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Choose “Fiat” for bank withdrawal.
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Pick the currency you wish to withdraw.
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Enter the amount you wish to withdraw.
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Check the withdrawal details carefully to avoid any inconvenience.
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Finally “Confirm Withdrawl” you will be on the page where you can see the amount, processing fees, and the recipient name
Once confirmed, you are all set to withdraw money with the Crypto.com withdrawal process.
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