You need to follow some guideline to complete your transaction. Apart from that you need to transfer it from your Crypto.com account to an external address (usually an exchange or a wallet). Crypto.com App users are not allowed to send crypto to each other, since all blockchain transactions come with fees. The following steps describe how to withdraw money from crypto.com to bank account. Apart from this, we will share the complete review of the Crypto com exchange.
What Is A Crypto.Com Exchange?
In addition to trading and investing in cryptocurrencies, Crypto.com offers a range of wallets, NFTs, wallets, and related services. Aside from offering a wide range of currencies, this exchange also offers reasonable fees and discounts to investors who hold substantial stakes in Crypto.com Coin (CRO). For those looking to do a lot with their cryptocurrency, it’s an excellent choice due to its ecosystem of crypto-related products.
Simple Steps To Withdraw Money From Crypto.Com To Bank Account
It is a very easy process to withdraw money. But follow all the steps very otherwise your money will get stuck.
Step1:- First you need to open the crypto.com exchange
Step2:- If you haven’t already, link your preferred bank account. You may, however, transfer funds if you already have a bank account linked. Under the crypto account balance, you can find this information.
Step3:- A pop-up will appear showing you the options “deposit” and “withdraw” at the bottom of the screen.
Step4:- Choose “withdraw” to withdraw the money
Step5:- Select “Fiat” in the drop-down list that says “Withdraw Fiat to your bank account”.
Step6:- Once you’ve entered the amount you can choose “withdraw”
Step 7:- Once you click on the “Withdraw” button, you will see a confirmation screen where you can see your withdrawal amount. A breakdown of the fees, processing time, recipient, and total amount you were able to withdraw is also display.
Advantages To Withdraw Money From Crypto.Com To Bank Account
Here are some advantages of using the crypto.com exchange, that we are going to discuss
- By depositing CRO into the Supercharger pool and earning popular DeFi tokens as rewards, Crypto.com App and Crypto.com login Exchange users can earn rewards. Users provide liquidity, which is used to calculate the reward allocation every day throughout the Charging Period.
- Users are able to swap and farm Defi coins at the best rate with this fork of Uniswap V2. As well as connecting to Crypto.com Defi Wallet, users can store their crypto there.
- Crypto exchanges also offer the benefit of earning interest on the cryptocurrency you’ve purchased.
Fees Structure
The fees associated with bank transfers and wire transfers to your Crypto.com account are nonexistent. Moreover, Cryptopia offers true cost pricing, making it one of the best exchanges to trade cryptocurrencies. When a person purchases cryptocurrency with a debit or credit card through Crypto.com’s app, a fee is charge. Using a credit card to buy cryptocurrency may result in a fee from the card issuer.
Security Feature
A variety of security measures are used by Crypto.com to ensure the safety of customer accounts, including two-factor authentication (2FA) and whitelisting. Using a strong password and practicing personal online security practices are also important to protect your account. If your account is breach. You’re unlikely to recover any lost cryptocurrency since cryptocurrency transactions can’t be reverse. Overall it is a completely safe exchange, when you withdraw money from crypto.com to bank account so, you’ll not face any issue while doing the transaction
Get Customer Support For Crypto.Com
Crypto.com Customer Support advisor offers 24/7 support via in-app chat and email. Their support is professional and experienced and always eager to solve their user’s queries. Which attracts new users because of its amazing customer support. If you have any query related to exchange and transaction, you can simply get in touch with them through call, email & chat support and you’ll definitely get the best solution from their side. Sometimes their advisors take time to solve your query, but they’ll surely resolve your queries.
Frequently Asked Questions
Is It Safe To Keep Crypto On The Crypto.Com Exchange?
Crypto.com is one of the most secure platforms, and both its app and wallet are considered to be very safe. There are a lot of people around the world who use it to trade cryptocurrencies or store their Bitcoin or other cryptocurrencies. Aside from purchasing and selling coins, you can also do many other things on the platform.
Why Can’t I Cash Out On Crypto.Com?
The money you deposit into Crypto.com cannot be withdrawn in fiat, so you are not able to access it right away. Crypto.com exchange is the only reliable way to access your fiat currency while selling your crypto.
Should I Keep All My Crypto In One Exchange?
You’ll save time and transaction fees if you keep them all in one place, but you can also track your portfolios if you keep them all in one place.
Does Crypto.Com Have Hidden Fees?
Crypto.com does not charge trading or transaction fees. If you make your buy with money transferred from your bank account using an ACH transaction, or automated clearing house transaction.
Does Crypto.Com Let You Withdraw?
If you withdraw from the external address it might take 2-3hrs. But if you complete the transaction to Crypto.com then it completes .
