How to Withdraw Money From Crypto.com?

In the modern day, many people have been using Crypto.com for trading, investing, and staking. It is one of the best cryptocurrency exchanges suitable for trading, sending, and receiving cryptos in a much more unique manner. Crypto.com is one of the perfect options for providing the exchange service for more than 250 Cryptocurrencies. These are also providing reasonable fees with special discounts for holding a significant stake. When you are looking to Withdraw Money from Crypto.com, then it is a simple process for saving you more money. Crypto.com provides a better ecosystem for crypto-related products, these would make a good choice for people who like to save their money.

Steps To Withdraw Money From Crypto.Com

Crypto.com is the ultimate digital cash exchange that allows the user to trade Cryptocurrencies using the Fiat currency. These are much more helpful for getting quick results and saving more money for the transaction. Crypto.com has become the most amazing platform for transferring cryptos. It is quite an efficient option to withdraw digital cash or fiat using this exchange platform. Steps of how to withdraw money from crypto.com.

1. Open your Crypto.com App
2. Open “Accounts”
3. Click Crypto Wallet
4. Click to Crypto.com Login
5. Click the “Transfer” button
6. Press “Withdrawal”
7. Press “External wallet”
8. Choose the whitelisted wallet address
9. Enter passcode
10. Or you can Confirm with your biometric ID
11. Enter the 2FA authentication code (Your code will be generated by authenticator app)
12. Click ‘send’ to receive an SMS message
13. Mobile verification Code valid for 5 minutes
14. Enter mobile verification code
15. Type amount
16. Press “Withdraw”
17. Wait for withdrawal to be processed

Add A New Wallet Address in Crypto.Com

Most people are looking to make easy withdrawals of digital cash with a verified Crypto.com account. , it is quite a convenient option to move the funds to the Crypto.com app exchange wallet. Withdrawal from the Crypto.com App involves transferring of the Cryptos from the Crypto.com environment to the external address. The Main reason is that all the blockchain transactions are helpful for sending the crypto to another Crypto.com App user. Which also involves the fee, and the trading is quite secure in all aspects, even without any hassle. Below are the tips for adding the new wallet address

• Ensure the currency selected is perfect for you to withdraw
• You will see relevant addresses to withdraw CR
• Add Label for address
• Input SMS OTP
• Google verification code
• Select ‘Save’ Address

It will take 24-hour withdrawal lock for any added withdrawal address, so you need to wait until the process takes place. These will be quite a quicker option for saving you more time.

Read Also: How to Swap Coins on Crypto.com?

Features of Using Crypto.com

Crypto.com is the all-in-one destination where you could gain the transaction of more numbers of cryptocurrency. These support about 250 currencies having spot trading, and these are the perfect option for other order types. Entering the withdrawal address lets you edit the whitespace before or after a string of characters. These can also be added with something such as “Ethereum,”

Transparent:

• Crypto.com provides better support for people to make a quicker transaction. You can view the transparent fee for making quick transactions.
• Competitive Fees With Discounts:
• The Crypto exchange wallet also provides the best option for the transaction. The competitive trading fees involve up to 0.40% discounts available.

What Are Automated Withdrawals?

The deposited amount of the user would be held in cold storage, so they would be protected. When there is a withdrawal request, then the cryptos would be automated. The withdrawals could be and helpful for making quick trading, and these could take about 2 hours for processing. The Withdrawals are sent from an address which is quite different from crypto’s deposit address.

What Is Address Whitelisting?

For increasing the security of your funds, it is quite necessary to have withdrawal address whitelisting. They are suitable for sending the cryptos to the new address. There will be a 24-hour withdrawal lock for the address that is added. Experts absolute that the network that is used to withdraw or token is different, then whitelisting is quite mandatory. Follow the below steps for whitelisting the withdrawal address.

• Go to Crypto.com App
• Click “Accounts”
• Open Crypto Wallet
• Click “Transfer”
• Tap “Withdraw”
• Tap “External Wallet
• Enter the “+ Add Wallet Address” button
• Add a new withdrawal address
• Choose crypto
• Type withdrawal address
• Enter Continue
• Click ‘send’ to receive an SMS message
• Enter mobile verification code
• Enter a 6-digit verification code
• Enter the 2FA authentication code
• Add withdrawal addresses

Support For Cryptocurrency Ecosystem:

Crypto.com supports the cryptocurrency ecosystem in a number of aspects, and these support cryptocurrency trading, swapping, and staking. These also provide credit cards, and crypto wallets, allowing the user to invest in the NFTs. It is more convenient to find relevant withdrawal fees across the Fees & Limits section in settings on Crypto.com App.

Security: The 2FA is required to address whitelisting as well as initiating the crypto withdrawals. When the withdrawal address is confirm, then you would be receiving the withdrawal request confirmation email. These are also acknowledge with receiving the request. It is quite a convenient option to receive a separate notification when the request is processed.

Funds Availability: You can transfer the cryptos to the Crypto.com exchange wallet. This would be a much easier process as it provides the fastest access to digital cash. When you opt for an external crypto wallet, then it will take about 2 to 3 hours.

Conclusion:

If you are a user which means Crypto.com you have a better way to withdraw money from crypto.com, and these also have the coin CRO. When you have a significant stake in CRO, then you would be rewarded with lower trading fees along with better staking interest rates.