How To Withdraw Money From Crypto.com UK
Crypto.com is a crypto exchange where users can trade over 250 cryptocurrencies using 20 different fiat currencies through their mobile application. It has gained prominence due to its reputation for affordability and high security compared to other crypto exchanges.
Whether you intend to withdraw cryptocurrency or fiat currency, the process of withdrawing funds from Crypto.com entails a few important steps. In this guide, we’ll show you to withdraw funds from Crypto.com. So, stay tuned as we kick things off!
How To Withdraw Money from Crypto.com
Withdrawing money from Crypto.com requires a series of steps. Here are the steps to follow;
- Launch the Crypto.com app and sign in to your account.
- If you haven’t already, link your preferred bank account. However, if you’ve already linked your bank account, click on “Transfer,” located under the crypto account balance.
- A pop-up will appear at the bottom of your screen with two options, “Deposit” and “Withdraw.” Select “Withdraw.”
- Next, two options will appear on your screen: “Crypto” and “Fiat.” Choose the “Fiat” option, which is described as “Withdraw Fiat to your bank account.”
- Choose the currency you prefer.
- Once you’ve selected your desired currency, enter the amount of money you wish to withdraw.
- After entering the withdrawal amount, click on “Withdraw.”
- Once you click on “Withdraw,” you will see a confirmation screen displaying the amount withdrawn, possible fees, processing time, recipient, and the total amount you have withdrawn.
Note: As with any crypto transactions, there will be fees when withdrawing money from Crypto.com. Before initiating a withdrawal, make sure to review the terms and conditions. Your withdrawal will typically be processed within a few minutes, and you will receive your funds shortly thereafter. You can withdraw up to $50,000 per month, with a minimum withdrawal amount of $100.
How To Withdraw Crypto from Crypto.com
To withdraw cryptocurrency from Crypto.com, you’ll have to be at the Starter level or above. With that in place, follow the steps below to proceed:
- Launch the Crypto.com app and sign in to your account.
- Once you’re logged in, click on “Balance” located in the upper right-hand corner.
- Select the cryptocurrency you wish to withdraw
- Choose “Transfer” and then select “Withdraw” from the bottom of your screen.
- Select “External Wallet” from the options provided.
- Choose the wallet address where you want to withdraw your crypto, or add a new address to the whitelist by clicking on the “+” icon.
- Enter the amount you wish to withdraw and click on “Withdraw.”
- Review the withdrawal request confirmation, which displays any fees, processing time, recipient, and amount.
- Finally, click on “Withdraw” to confirm the transaction.
Final Words
Withdrawing funds from Crypto.com is a simple process, and you can easily follow this comprehensive guide without encountering any difficulties. However, it is crucial to carefully review the details of each transaction to prevent any significant issues from occurring. In the unlikely event of encountering any problems, you can rely on Crypto.com’s app to connect with their support team, who will assist you in resolving any issues.
