Withdrawing money from Crypto.com to your bank account is a very simple and quick process. For this, you need to sell a cryptocurrency first. After selling a cryptocurrency, add a bank account after which you are able to withdraw the fiat currency. The exact process of withdrawing money depends on the country where you reside. For example, citizens of US can withdraw money from their US bank account while people in Singapore can only deposit money into StraitsX. Here, in this guide, we have mentioned quick steps that you can follow to withdraw money from crypto.com to bank account.
Quick Steps to Withdraw Money from Crypto.com
You can withdraw cryptocurrency from Crypto.com only if you are at a Starter level or higher. Follow the below-mentioned steps for crypto login and to withdraw crypto to your Bank account:
Firstly, visit crypto.com/exchange and enter your login log into your account.
After successfully logging into your account, click on the “Balance” button located in the upper right-hand corner.
Locate the cryptocurrency that you want to withdraw and then select “Withdraw”.
Here, you need to choose from two different available options to withdraw cryptos, i.e., withdrawal to an external wallet address or withdrawal to your Crypto.com app.
In case, if you have to withdraw to an external address, add a withdrawal address first. For this, make sure that you have selected the right currency as only after that you will be able to see relevant addresses for withdrawing CRP. Then, add a label for that address and enter the verification code received from Google, and at last, save the address.
Then, select the withdrawal address from the drop-down menu and check the amount that you want to withdraw.
Choose the “Review Withdrawal” option and check all the details carefully. Make sure that the amount you received is the same as that left after a withdrawal fee is charged.
At last, select the “Confirm Withdrawal” option to complete the withdrawal process.
Once you are done with the above steps, it takes up to two hours after crypto.com log in to withdraw the amount. You will receive the confirmation of withdrawal request at the registered email id. This email shows that Crypto.com has acknowledged getting your request and will proceed with it at the earliest. When the request is successfully processed, you will receive a different notification indicating the same.
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