How to Withdraw Funds from Crypto.com to Your Bank

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If you’re ready to cash out your crypto and want to transfer it to your bank account, you’re in the right place. This step-by-step guide will walk you through the process of withdrawing from Crypto.com to your bank account in just a few easy steps. Let’s get started!

Step 1: Open the Crypto.com App

  1. Launch the App: Open the Crypto.com app on your phone.
  2. Log In: If you’re not logged in yet, enter your credentials to access your account.

Step 2: Check Your Balance

  1. Go to Wallet: On the app’s home screen, tap on “Wallet.”
  2. Make Sure You Have Funds: Check if your account has crypto or fiat funds (like USD, EUR, etc.) that you can withdraw.

Step 3: Convert Crypto to Fiat (if needed)

If you have cryptocurrency and want to withdraw fiat (like dollars), you need to sell it first.

  1. Tap on Crypto: Choose the cryptocurrency you want to convert (for example, Bitcoin or Ethereum).
  2. Sell Crypto: Tap “Sell” and select the amount you want to convert into fiat.
  3. Confirm the Transaction: Complete the transaction by following the prompts.

Step 4: Set Up Your Bank Account

If you haven’t linked your bank account to Crypto.com yet, here’s how to do it:

  1. Go to the “Accounts” Section: In the app, tap on “Accounts” in the bottom menu.
  2. Select Fiat Wallet: Choose your fiat wallet (like USD, EUR, etc.).
  3. Add Bank Account: Tap “Add Bank Account” and enter your bank details (such as account number and routing code).

Step 5: Withdraw to Your Bank

Now that your bank account is linked, you can withdraw your funds:

  1. Go to Fiat Wallet: In the “Accounts” section, tap on “Fiat Wallet.”
  2. Tap Withdraw: Select “Withdraw” and then choose your bank account.
  3. Enter Withdrawal Amount: Type in the amount of fiat you want to withdraw.
  4. Confirm the Withdrawal: Review the details and confirm the transaction.

Step 6: Wait for the Transfer to Complete

  1. Processing Time: Depending on your bank, the transfer may take a few business days.
  2. Check Your Bank Account: Once the withdrawal is processed, you’ll see the funds in your bank account.

Tips for Smooth Withdrawals

  • Double-check Your Bank Info: Make sure your bank details are correct to avoid delays.
  • Know the Fees: Crypto.com may charge withdrawal fees, so review the details before confirming.
  • Transfer Limits: Be aware of any withdrawal limits based on your account verification level.

And that’s it! Withdrawing from Crypto.com to your bank account is straightforward once you’ve set everything up. Just follow these simple steps, and you’ll have your funds in your bank in no time. Happy trading!