How to Withdraw Money from Crypto.com

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With the growing adoption of digital assets, knowing how to securely move your funds is essential. Whether you're looking to sell crypto and withdraw money from Crypto.com to your bank account or transfer digital assets to a personal wallet, understanding the correct procedures ensures safety and efficiency. This comprehensive guide walks you through every step of the withdrawal process on Crypto.com, including selling crypto, withdrawing fiat, transferring digital currencies, and maintaining top-tier security.

Understanding the Withdrawal Process on Crypto.com

After trading on Crypto.com, it's wise to move your funds—either fiat or cryptocurrency—out of the exchange environment. Leaving assets on any centralized platform long-term increases exposure to potential security risks. For long-term storage, consider using secure hardware wallets like Ledger or Trezor, or trusted software wallets such as Exodus and Trust Wallet.

If you're based in the UK and want seamless integration between banking and crypto activities, selecting a crypto-friendly financial institution can make a big difference.

👉 Discover how secure and flexible crypto withdrawals can be with the right platform.

Option 1: How to Withdraw Money from Crypto.com to a Bank Account?

Transferring fiat currency from your Crypto.com account to a linked bank account is a straightforward process once set up. Here's a clear, step-by-step walkthrough:

Step 1: Log Into Your Crypto.com Account

Open the Crypto.com mobile app and sign in using your credentials.

Step 2: Access Your Fiat Wallet

Navigate to the Accounts tab (highlighted in blue at the bottom), then select Fiat Wallet from the list.

Step 3: Initiate a Transfer

Tap Transfer at the top of the screen, then choose Withdraw from the options at the bottom.

Step 4: Select Your Fiat Currency

Choose the fiat currency you wish to withdraw—such as USD, EUR, or GBP—based on your bank’s supported currencies.

Step 5: Enter Amount and Choose Bank Account

Input the amount you’d like to withdraw (minimum $100). Then, select your linked bank account before tapping Withdraw.

Step 6: Confirm the Transaction

Review the confirmation screen carefully. It will display:

If everything looks correct, tap Confirm to complete the withdrawal.

Note: Withdrawal limits are set at up to $50,000 per month. Processing typically takes just minutes, though funds may take 1–5 business days to appear in your bank account depending on location and banking system.

Option 2: How to Withdraw Crypto from Crypto.com?

To transfer cryptocurrency off the platform, you must be verified at Starter Level or higher. Follow these steps for a successful crypto withdrawal:

  1. Log into your Crypto.com account.
  2. Go to the Accounts tab and open your Crypto Wallet.
  3. Select the cryptocurrency you want to withdraw.
  4. Tap Transfer, then choose Withdraw.
  5. Select External Wallet as the destination.
  6. Pick a previously whitelisted address—or add a new one by tapping the "+" icon.
  7. Enter the withdrawal amount.
  8. Review all details including network fees and estimated processing time.
  9. Confirm by selecting Withdraw.

All withdrawals are automated and usually processed instantly, though some may take up to two hours during peak times.

What Is Crypto.com?

Crypto.com is a leading cryptocurrency exchange and financial services platform that allows users to buy, sell, trade, and store over 250 digital currencies. It also offers a popular Visa-powered debit card that lets users spend their crypto holdings directly at merchants worldwide.

The platform provides both a custodial exchange wallet and non-custodial app wallet options, giving users flexibility based on their security and usage preferences.

How to Sell Crypto on Crypto.com Before Withdrawing Fiat?

Before withdrawing traditional currency, you must first convert your crypto into fiat (e.g., USD, GBP). Here’s how:

  1. Open the Crypto.com app.
  2. Tap Accounts > Fiat Wallet.
  3. Select Sell Crypto.
  4. Choose the cryptocurrency you want to sell.
  5. Pick Cash as the destination.
  6. Enter the amount (the app suggests maximum sellable balance).
  7. Review the 15-second confirmation window showing real-time fiat value.

Once confirmed, your crypto is converted and deposited into your Fiat Wallet—ready for withdrawal.

Enhancing Security: Address Whitelisting and 2FA

Why Use Withdrawal Address Whitelisting?

Crypto.com’s address whitelisting feature adds an extra layer of protection by allowing withdrawals only to pre-approved wallet addresses. Even if your account is compromised, attackers cannot redirect funds to unauthorized destinations.

A new whitelisted address has a 24-hour lock period before it becomes active—do not skip this crucial waiting phase.

How to Add a Whitelisted Address:

  1. Log in and go to your Crypto Wallet.
  2. Select a coin, tap Transfer > Withdraw > External Wallet.
  3. Tap the "+" icon > Wallet Address.
  4. Choose the correct blockchain network (e.g., Ethereum for ERC-20 tokens).
  5. Paste the receiving address or scan its QR code.
  6. Name the wallet for easy identification.
  7. Complete verification and 2FA authentication.

Ensure no extra spaces are included when pasting addresses—this can cause irreversible loss of funds.

Two-Factor Authentication (2FA)

Crypto.com requires 2FA for all sensitive actions, including adding addresses and initiating withdrawals. Use authenticator apps like Google Authenticator or hardware keys like YubiKey for maximum security.

👉 Secure your digital assets with advanced withdrawal controls and fast processing times.

Frequently Asked Questions (FAQs)

How much can I withdraw from Crypto.com per month?

You can withdraw up to **$50,000 per month**, with a minimum transaction of $100 for fiat withdrawals.

Can I cancel a withdrawal request?

No—once initiated, you cannot cancel a withdrawal yourself. Contact Crypto.com support immediately if an error occurs.

Why can’t I withdraw money from Crypto.com?

Common reasons include:

Are there fees for withdrawing from Crypto.com?

Yes—fees vary depending on:

Always review fee estimates before confirming any transaction.

How long do bank withdrawals take?

Fiat transfers usually take 1–5 business days, depending on your country and banking institution.

Is it safe to keep crypto on Crypto.com?

While Crypto.com uses cold storage for most deposits, it's still recommended to transfer large holdings to private wallets for long-term security.

Final Thoughts

Withdrawing money from Crypto.com—whether as fiat or cryptocurrency—is designed to be user-friendly and secure. By following best practices like enabling 2FA, using address whitelisting, and understanding fee structures, you maintain control over your financial journey in the digital asset space.

Remember: exchanges are gateways for trading, not vaults for long-term storage.

👉 Experience seamless crypto management with fast, secure withdrawal options today.

By mastering these processes, you empower yourself with financial autonomy and peace of mind in your crypto endeavors.