Crupto.com is the most excellent cryptocurrency trading platform in the industry. The user can withdraw fiat currency easily from crypto.com to a bank account with these instructions. Cryptocurrency trading is getting more popular in the digital era due to its flexibility. Crypto.com is a well-known platform for digital currency trading because of its high security compared to other cryptocurrency exchanges. CRONOS is its token of exchange that offers the trader gain numerous benefits while investing and holding. Are you wondering how to Withdraw Money From Crypto.com To Bank Account? Keep reading the post to learn the simple procedure to withdraw cash from crypto.com effortlessly.
Crypto.com supports over two hundred Cryptocurrencies, which people can exchange, buy and sell without trouble. The minimum amount to withdraw from crypto.com is a hundred USD. So, the trader should bear this in mind while withdrawing fiat currency from the crypto wallet. Crypto.com stops the transaction if they detect unusual activities from the crypto account. It protects the customer from fraudulent activity and keeps currency safe.
Step-By-Step Guidelines To Withdraw Money From Crypto.com To Bank Account
You should sell the digital currencies inside the crypto app to payout the traditional money. If you need to Withdraw Money From Crypto.com To Bank Account, you can follow the below-given steps.
Sign–up For A Crypto Account
First, you should log in to the crypto account to transfer cash. Over a million people have recently been using crypto.com to trade cryptocurrency. Click on the login option and get into your crypto account.
Pick Crypto Wallet
Remember, you cannot send the cryptocurrencies directly to the bank account. The transaction bank does not support digital currency, so you should sell the currency and transfer money to the bank account. Click on the crypto wallet option in the main menu of crypto.com.
Sell Digital Currencies
If you need to sell digital currency for cash, choose the coins you desire to sell. First, click on certain coins and choose sell options. Enter how much crypto you need to sell for fiat currency. All money will go to the bank account directly after completing the process.
In addition, it is critical to choose the correct wallet which suits your geographical area. Tap confirm option if you have set coins smoothly. Now, money will go straightly to the fiat wallet within a short time.
Go To Fiat Currency Wallet
Now, you need to create the Fiat currency wallet. If you have a fiat wallet already, you can log in to the wallet with the correct details. The money must appear in the wallet if the trader has sold digital currencies already. Choose the desired option on the menu and move on effortlessly. Besides, the trader can move funds back to the digital currency wallet or get started withdrawal procedure on crypto.com.
Choose Transfer Option
Click on the transfer button in the main menu. It displays the withdraw option on the screen. Again you want to choose digital currencies and enter deposit value. Fiat currency withdrawal information you get from crypto.com.
Set The Bank Account
Without a bank account, you cannot be able to withdraw traditional money, whether it may be USD or others. If you correctly enter the withdrawal address and bank account details in crypto.com, the application will allow you to connect the bank account smoothly.
Set up an online banking ID to link the bank account in the app. It will enable the user to instantly find the bank account for withdrawing money. This account will be added to the whitelist when the bank details are linked. Therefore, you can utilize the bank credential in the future whenever you need it for withdrawal purposes.
Complete The Withdrawal Request Verification
At last, the investor needs to finish the withdrawal request authentication. The withdrawal fee can vary based on various aspects, such as how much money to withdraw. It is essential to check the withdrawal fee before transferring funds. Click on confirm option and wait for a few minutes to receive the money.
Wait For The Money To Arrive
The trader needs to wait for fiat currency transferred to appear in the traditional bank account. Bank account transfer takes three to five business days for fiat money transfer. You can push on notifications on the app. It will send a notification if the money arrives in the bank account.
The newbie can use these steps to withdraw fiat money easily from crypto.com and use them for different purposes. If you have any doubts about the withdrawal process, you can contact crypto.com customer support. The technician understands the customer’s problems and suggests the right solution immediately.
Note: Trader deposits should be kept in cold crypto storage to ensure high security. Authenticator app manages deposits to guarantee transaction safety. If the investor has successfully added the bank account to crypto.com, they can automate the withdrawal process and send funds much more quickly.
Is it possible to Withdraw Money From Crypto.com To Bank Account?
Yes, one can withdraw funds from crypto.com to their bank account. The investor can manage money on cpypto.com with ease. Different methods to withdraw funds include withdrawal to an external wallet address and withdrawal bank account. The trader can select the withdrawal method which meets their requirements.
People should transfer digital currency to an external address. The Coinbase identifies the Coinbase crypto wallet address and starts with withdrawal tokens. In addition, withdrawing money from Coinbase to the bank account can be achievable. When you transfer money to a bank account from crypto.com, you can withdraw funds with no trouble.
Final Words
One of the anxieties of a newbie to the cryptocurrency world is how to Withdraw Money From Crypto.com To Bank Account straightforwardly. New traders can follow the steps mentioned earlier to cash out fiat currency to their bank account without difficulty. Crypto.com is the best portal to buy, sell and exchange any digital currencies securely from your desktop or mobile phone.