How to Transfer Money from Crypto.com to Bank Account

The process to Transfer money from Crypto.com to Bank account is safe and convenient. If you are looking to do so, you have definitely landed at the right place as we will guide you through every aspect of it!

Transfer Money from Crypto.com to Bank Account 

In this guide, we will introduce you to the complete transfer process from Crytpo.com to the Bank Account stepwise. 

Let’s Begin!

Sell the Cryptocurrency First

First, come first, you need to sell a certain amount of cryptocurrency before transferring money from Crypto.com to the Bank Account. 

It can be done in the following steps:

1. Go to the website of Crypto.com. Log in to your account or register yourself if you have not done it previously. 
2. Once done, click on the logo displayed right in the middle bottom of your screen. 
3. The screen will display several options there. Click on the Crypto Wallet. 
4. This directs you to the Crypto Wallet, from where you will sell your cryptocurrency first to continue further. Now, choose the cryptocurrency you would like to sell. 
5. You will now come across three options on your screen: Buy, Sell, and Transfer. Click on Sell to proceed further. 
6. This directs you to the selling page. You will come across three tabs displayed as Crypto Wallet, Fiat Wallet, and a Card Wallet. 
7. For instance, you are doing it in Fiat Currency, click on the option of Fiat Wallet. 
8. Now, you need to enter the amount you wish to sell.  The available Balance appears on the screen to decide how much you want to sell. If you are selling the complete amount, then click on the option of Max. 
9. Once done, you need to choose the Fiat currency you wish to receive. At last, click on the Sell button and confirm the process further. 
10. Take a keen look at all the details before making a confirmation. Once done, click on the option of Confirm to sell your selected cryptocurrency. 
11. You will now be redirected to the confirmation page. This displays the amount that you sold following the above process.
12. To proceed, click on Tap anywhere to continue on your screen. 

Transfer Money from Crypto to Bank Account 

After you are done selling the cryptocurrency, you can transfer the money from Crypto.com to the bank account in a few simple steps. 

Here we go!

1. Go to the website of Crypto.com. Log in to your account.
2. Once done, click on the logo displayed right in the middle bottom of your screen. 
3. Now instead of choosing Crypto Wallet, you need to click on the option of Fiat Wallet. This directs you to your Fiat Wallet now. 
4. You will see various currencies that are currently available in your Fiat wallet. It also displays three options on your screen: Buy Crypto, Sell Crypto and Transfer. 
5. Now, to transfer the money to your bank account, click on the option of Transfer. 
6. Once done, two options will display before you, i.e., Withdraw and Deposit. Here, click on the Withdraw. 
7. Since you chose Fiat Currency earlier, you have to select one of those you wish to transfer. Once done, it will lead you to the withdrawal page. 
8. Enter the amount of money you wish to transfer from Crypto.com to the bank account. 
9. The available Balance appears on the screen to decide how much you want to transfer. 
10. If you are transferring the entire amount, then click on the option of Max. Make a selection of your bank account. Lastly, click on the option of Withdraw to transfer Money from Crypto.com to the bank account. 
11. You will now be redirected to the confirmation page. 
12. This displays the amount that you transferred following the above process.
13. In addition, it also shows you the associated fee and bank account details where you are sending money. 
14. To proceed, click on Confirm to complete the process.
15. You will now see a statement that says Your Request is Pending for Review Now. 

Extra Reading

How Much Time does Crypto.com take to Transfer Money to the Bank Account?

The process takes around three to five business days to complete before the funds are available in your bank account. 

Once a complete verification of your Transfer is done, you will be notified through the email address if your Transfer was successful or not. 

How Can You Withdraw Crypto from the Crypto.com?

The platform also allows you to withdraw money conveniently. It might look a bit tricky for the first-timers but here’s how you can complete this task easily.

1. Go to the website of Crypto.com.  Log in to your respective account. 
2. You will come across an option of Balance present at the upper right corner of your screen. 
3. Click on the option Withdraw by choosing the cryptocurrency you want to withdraw.
4. There are two ways to withdraw, i.e., to Crypto.com application or an external wallet address. Choose one of these.
5. If you wish to withdraw the currency to the external address, add a withdrawal address. Follow the prompts on the screen to do so. 
6. You will have to pick one of the withdrawal addresses and check the amount you wish to withdraw. 
7. Give a final review of your withdrawal before finalizing.  Click on the Confirm Withdrawal to complete the process. 

It may require a couple of hours to confirm the transaction.

Currencies to Trade on Cypto.com

Crypto.com gives you access to several features and services. One such feature includes various ways of earning cryptocurrencies. It is a highly accredited platform and has been the greatest for several traders worldwide. 

You can buy, sell and transfer cryptocurrencies through this exchange platform. Some of the cryptocurrencies that can be traded via Crypto.com include:

Bitcoin, Nano, Enjin Coin, Origin, Litecoin, Ethereum, Golem, Ravencoin, USD Coin, Teller, Polygon, Terra, Raible, Stratis, Axie, Chainlink, DigiByte, and several others. 

The Bottom Line

Withdrawing money from Crypto.com to the bank account is possible if you sell a cryptocurrency first and then make a withdrawal.

• The customers located in the United States can withdraw through several methods, including ACH transfers, credit cards, and even wire transfers.

You need to look for what withdrawal method your respective country offers as it is not the same for all. We hope this guide led you to every minute step required to transfer money from Cyprto.com to the Bank Account. 

Frequently Asked Questions

Which countries can use crypto.com?

Austria, Bulgaria, Cyprus, Croatia, Estonia, Denmark, etc. 

Is there any fee charged for making a withdrawal?

Yes, you have to pay the fee to withdraw from the Fiat wallet to the bank account. 

Is Crypto.com trustworthy?

Yes, it is a perfectly guarded platform and has Federal Deposit Insurance Corporation insurance available on the USD balances, along with the two-factor authentication. 

What are the limits on Crypto.com?

You can only spend up to $2500 daily using their card.