How to Get Money Out of Crypto.com: A Comprehensive Guide

If you’ve invested in cryptocurrency on Crypto.com and are looking to withdraw your funds, this guide will walk you through the process. The platform offers several methods to transfer your assets, but each has its own nuances. We’ll cover everything from withdrawing to a bank account, converting crypto to fiat, and using other methods to access your funds.

To start, ensure you have completed the necessary KYC (Know Your Customer) verification on Crypto.com. Without this, you won’t be able to perform withdrawals. Once verified, you have multiple options to get your money out, each with its own steps and requirements.

1. Withdraw to a Bank Account:

• Link Your Bank Account: Navigate to the ‘Accounts’ tab on Crypto.com. Select ‘Fiat Wallet’ and then ‘Withdraw.’ Choose ‘Bank Transfer’ and add your bank account details.
• Initiate Withdrawal: After linking your bank account, enter the amount you wish to withdraw and confirm the transaction. Be aware that this process may take several business days, depending on your bank and the country you’re in.

2. Convert Crypto to Fiat and Withdraw:

• Sell Your Cryptocurrency: Go to the ‘Trade’ section on Crypto.com. Select the cryptocurrency you want to convert, and choose ‘Sell.’ Opt for a fiat currency like USD or EUR.
• Transfer to Fiat Wallet: Once your crypto has been sold, the funds will be deposited into your Fiat Wallet. From there, you can withdraw to your bank account as described above.

3. Use a Crypto Card:

• Order a Crypto.com Card: The Crypto.com Visa card allows you to spend your crypto holdings directly. Apply for the card through the app, and once approved, you can use it for purchases or ATMs.
• Top-Up Your Card: Transfer crypto to your Crypto.com card to use it. The card will convert your crypto to fiat at the time of the transaction.

4. Withdraw to an External Wallet:

• Add External Wallet Address: Navigate to ‘Crypto Wallet,’ select ‘Withdraw,’ and then ‘Crypto.’ Enter the wallet address of the external wallet you wish to send your funds to.
• Complete Withdrawal: Confirm the details and initiate the transfer. Ensure you double-check the wallet address to avoid any errors.

5. Peer-to-Peer Transactions:

• Find a Buyer or Seller: You can use platforms that facilitate peer-to-peer transactions to sell your crypto. These platforms allow you to receive payment directly to your bank account or another agreed-upon method.
• Complete the Transaction: Follow the platform’s guidelines to ensure a safe and secure transaction.

Additional Tips:

• Check Fees: Each withdrawal method has associated fees. Review Crypto.com’s fee schedule to understand the costs involved.
• Security: Ensure your account and personal information are secure. Use two-factor authentication and avoid sharing sensitive information.

Conclusion: Withdrawing funds from Crypto.com involves several steps, but by following this guide, you can navigate the process with ease. Whether you choose to transfer funds to your bank account, use a crypto card, or explore peer-to-peer transactions, understanding the available options and their requirements will help you manage your assets effectively.