What Is Crypto.Com?
Crypto.com is a reliable exchange platform in the crypto space today. It is the best-renowned platform for beginner and experienced traders and investors to discover a wide range of digital currencies and fiat currencies. People must keep a secure digital wallet to carry out anything. When it comes to the withdrawal process, you can focus on how to withdraw BTC from crypto.com to bank account. Crypto.com users must consider different things like a bank account, choosing the currency, and confirming for withdrawal.
- You can choose digital assets and withdrawal methods and confirm them.
- Crypto owners often demand it for two-factor authentication and withdrawal address whitelisting.
- It is the best way to keep away from unauthorized withdrawals.
- Before withdrawing crypto, you must check the payment method and withdrawal fees.
Crypto.com users focus on every step carefully and finish the withdrawal process as soon as possible. Users must link bank account details to the exchange platform.
Steps To Withdraw BTC From Crypto.Com To Bank Account
Users must pay attention to every step and check details before confirming. The platform helps users to handle withdrawal seamlessly without any trouble. Here are the basic steps for withdrawing digital assets from an exchange to a bank account.
Step 1:- Login to Crypto.Com
Authorized users can use the crypto.com exchange or mobile app, depending on their wishes. People must keep an account of the exchange and carry out diverse activities. Login to crypto.com is an essential step when withdrawing digital currency.
It is completely simple and needs a passcode when setting up at registration. Users enter login credentials and see diverse options like fiat wallet, crypto wallet, track, and others. You can never withdraw maximum assets if you don’t have a verified account.
Read Also:- How To Withdraw Money From Crypto.Com To Bank Account?
Step 2:- Move to Withdrawal Page
Once you log in to your account, you can visit the homepage and navigate the withdrawal page. Then, you can access the account menu and move to the wallet option. It opens up another screen with digital currency in the investor’s portfolio.
Step 3:- Choose the Currency Wants to Withdraw
After the crypto wallet opens, you can choose the asset you wish to withdraw. Crypto.com users must initiate a withdrawal request to withdraw BTC from crypto.com to bank account. Checking the balance is essential to withdraw assets.
- Users must tap the transfer option and withdraw on the relevant page.
- Select the correct address for the bank transfer.
- Add destination address is by moving on add address and paste address and blockchain network.
Step 4:- Link to Bank Account
If you don’t set up a bank account yet, you must link them to exchange and deal with withdrawal. Crypto.com users link bank accounts by choosing their preferred bank and logging in with the proper login credentials.
The exchange platform validates the bank account after completing linking it to the app or website. It enables you to withdraw assets instantly. Once verify all details correct, the exchange will include a bank account in the whitelisted list. You can enjoy a crypto-friendly bank to prevent problems with transactions.
Step 5:- Confirm Withdrawal
Once you set up a bank account, a confirmation screen will emerge. On that screen, you can check the information and click on confirm. Then, you hit on transfer. You can wait for a few minutes until the app sends updates regarding withdrawal requests.
Step 6:- Review Details
Users must review the details before hitting the confirmation button and complete the withdrawal process. Crypto.com users check the number of assets they want to transfer to the bank. Choosing the right network is crucial to make transfer secure.
People must review the associated fees and transaction details before hitting confirm button. The verification code will send to the mobile number and accomplish the transaction. Once you hit confirmation, the withdrawal will process.
Step 7:- Wait for a Digital Asset
Exchange will send the required amount of digital assets to the bank as soon as possible. Crypto.com users check their bank accounts after withdrawing crypto from the exchange. Users receive digital currency in a bank account in three to five business days. They get the message once the asset is deposited into a bank account.
How Long Withdrawal Takes on Exchange?
Before initiating the withdrawal process, you must check how long to wait for withdrawal. Processing time for digital currency withdrawal on exchange based on network. It never significantly impacts how long withdrawal takes place to other exchanges and banks.
A significant factor is blockchain network speed and how long it validates the withdrawal process. High-speed digital currency will validate and confirm withdrawal within a few minutes. The Internet is the best source to gather a proper guide on how to withdraw BTC from crypto.com to bank account. Older proof-of-work digital assets will take eleven or up to one hour during the peak phase.
Withdrawing digital currency from the exchange to the bank becomes easy. You can follow every step and finish them properly. You can contact the support team to gain an ideal solution if you need support and assistance for crypto withdrawal.
