Crypto.com is a digital currency exchange that allows users to trade more than 250 cryptocurrencies for 20 fiat currencies. It’s grown in popularity because many people consider it flexible and safe from other crypto exchange apps.
So before you withdraw money from crpto.com you must check whether your account is verified or not? Only then you can withdraw money easily. They may then transfer their cash to an external crypto wallet or their Crypto.com app exchange wallet.
You’ll have to sell your cryptos initially, then deposit the money inside a wallet as U.S. dollars. Below we’ve shown some steps that will help you know How to withdraw money from crypto.com to bank account.
How To Transfer Digital Money from Crypto.com
So, if you’ve already verified your account, only then you can transfer or Withdraw digital cash from crypto.com, to do so follow the instructions given below.
Step 1:- Go to crypto.com and log in to your account by pressing the button in the upper right-hand corner.
Step 2:- Click Wallets and then you’ll find “Wallet” after logging in.
Step 3:- Select “Withdraw” when you’ve found the cryptocurrency you want to send.
Step 4:- Choose whether you want your digital money sent to your Crypt.com exchange wallet or to an external cryptocurrency wallet.
Step 5:- When you’re ready, choose “Review Withdrawal” and enter the amount you wish to transfer.
Step 6:- Select “Confirm Withdrawal” and enter the SMS one-time password you received along with a Google verification code.
How To Withdraw Money From Crypto.com To Bank Account
Sadly, It’s not possible to withdraw money directly from crypto.com. So, if you really want to get that cash in your bank account, firstly you need to sell that crypto and all of that will be stored in the form of US money in your crypto.com USD flat wallet. After you’re done with the transferring process now you’ll get that moving option to a U.S bank with the help of ACP.
Follow the instructions given below to know How to withdraw money from crypto.com to a bank account with the step by step guide given below.
Step 1:- Open “Crypto.com” and log in with your username and password.
Step 2:- Then Simply select the “Crypto Wallet “and move all of the currencies you sold to a fiat wallet.
Step 3:- Then Go to “Fiat Wallet” and sign with your details.
Step 4:- After then all of your USD currencies will be shown in your fiat wallet and now you can easily transfer money from the fiat wallet to your bank account.
Step 5:- Tap on the “transfer button” and the “withdrawal option” will be shown in front of the screen.
Step 6:- Select the “Currency” within the platform and fill in the amount that you want to deposit, but before that make sure to link your bank account first.
Step 7:- To finish the “Withdrawal request” you need to pay some fees depending upon your amount and right after that a screen will appear with the total.
Step 8:- Tap on “Confirm” and your desired amount will be added to your bank account in a very less time.
Also, see: How To Withdraw Money From Trust Wallet To Bank Account
How Does ACP Work And How Much Does It Cost For Transactions?
A minimum of $20 per transaction is required for ACH transactions, while a minimum of $1,000 is required for wire transfers. Although Crypto.com does not take fees for these transactions, your bank may, therefore it’s important to double-check with your bank prior to continuing.
How Much Time It Will Take To Transfer Money To Your Bank Account
The typical time for bank account transfers to be processed in 3 to 5 business days. Once the fiat money comes to your end, the app should send you an e-mail.
So that’s pretty much about How To Withdraw Money From Crypto.com To Bank Account!
Some Frequently Asked Questions [FAQs]
1. How do you withdraw millions from crypto?
A third-party broker, and over-the-counter trading, are the best ways to cash out Cryptocurrency. You may also exchange it with other people on a peer-to-peer basis. Withdrawing a large sum of Cryptocurrency arrives with some limitations on everyday withdrawals.
2. Can you turn crypto into cash?
Yes, you can turn crypto into cash and to do so, you need to use a safe third-party exchange broker and it would be easy to turn crypto into cash.
3. Does crypto com have instant withdrawal?
Withdrawals to a third-party address may take up to two hours to complete and if you’re using Crypto.com then it is possible for fast withdrawals.
4. Is crypto com better than Coinbase?
Crypto.com is far more cost-effective than Coinbase. Coinbase’s cost structure is a little more complicated, with fixed and variable fees. Thus, Crypto.com is better than Coinbase.
I hope the above information helped you to know How to withdraw money from crypto.com to bank account. As I’ve also mentioned some of the frequently asked questions above.
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