THIS is how to easily withdraw money from Crypto.com [2022] (2024)

Posted by Frank Gogol in Crypto | Updated on November 15, 2022

At a Glance: Withdrawing money from Crypto.com can be done in a series of steps. Every month, you can withdraw about $50,000. In case you try to withdraw less than $100, they will notify you.

At a Glance: To withdraw money from Crypto.com, open the app, link a bank account (if you haven’t already), hit the Withdraw button towards the bottom of the screen, choose Fiat and select your preferred currency, enter how much you want to take out, and hit the Withdraw button.

If you’ve been trading on Crypto.com, you might be wanting to transfer cryptocurrency at some point. In this guide, we’ll explore the Crypto.com withdrawal process in detail. Read on to learn more!

Table of Contents

What Is Crypto.com?

Crypto.com is a cryptocurrency exchange platform and a trustworthy one. It has been around since 2016, and it has more than 90 cryptocurrencies available for U.S. traders, and more than 60 fiat currencies. It can be accessed by people from more than 80 countries.

Some of the cryptocurrencies you can trade on Crypto.com include:

Bitcoin
Ethereum
Litecoin
Uniswap
Origin
Enjin Coin
USD Coin
Chainlink
Nano
Cardano
Golem
Ravencoin
Stratis
Polygon
Harmony
SHIBA INU
Tellor
Terra
DigiByte
1inch
Axie
Rarible

Crypto.com is popular because it is a great choice for traders who are more experienced. The exchange is not the hardest one to use, but it can be a bit overwhelming at first due to the website. It provides a digital wallet and high-level security. Furthermore, it is known to be a quite cheap alternative compared to other crypto exchange platforms.

How to Withdraw Money from Crypto.com

Withdrawing money from Crypto.com can be done in a series of steps. Here is what you will have to do if you want your money transferred:

Open the Crypto.com application.
Link a preferred bank account if you haven’t already. However, if you already have a linked bank account, click on transfer. This can be found under the crypto account balance.
At the bottom of your screen, you will see a pop-up that gives you two options, respectively “deposit” and “withdraw”.
Select “Withdraw”.
There will be two options appearing on your screen: “Crypto” and “Fiat”.
Pick the “Fiat” option that has the description “Withdraw Fiat to your bank account”.
Select the currency you prefer.
When you are done selecting the desired currency, you can fill in the amount of money you wish to withdraw.
After you enter the amount you want to withdraw, you can select “Withdraw”.
Now, you will get a confirmation screen once you click on the “Withdraw” button, where you can see the amount withdrawn. It also shows you the possible fees, as well as the processing time, recipient, and the total amount you ended up withdrawing.

There are some restrictions when it comes to how much you can withdraw every month, though, so you need to consider that before proceeding. Every month, you can withdraw about $50,000. You also cannot withdraw less than $100. In case you try to do so, they will notify you.

How to Withdraw Crypto from Crypto.com

Withdrawing cryptocurrency from Crypto.com is only possible if you are a Starter level or higher. Here are the steps you must take to be able to withdraw crypto:

Go to crypto.com/exchange and log into your account.
When you successfully log into your account, click on “Balance”. It is located in the upper right-hand corner.
Look for the cryptocurrency you wish to withdraw and select “Withdraw”.
You will have to choose from two different ways to withdraw cryptos: withdrawal to an external wallet address or withdrawal to your Crypto.com app in case you connected the app to the exchange.
If you wish to withdraw to an external address, you will have to add a withdrawal address first. In order to do so, you must make sure you selected the right currency. Then, you will be able to see relevant addresses when you want to withdraw CRP. Add a label for that address and input your verification code from Google. Save the address at the end.
Pick the withdrawal address from the drop-down list and then check the amount you want to withdraw again.
Pick “Review Withdrawal” when you are ready.
Look over your details. Bear in mind that the amount you get will be the one you are left with after a withdrawal fee is charged if it applies.
Pick “Confirm Withdrawal”. It may take up to two hours for the withdrawal to be processed.

How to Automate Withdrawals on Crypto.com

The users’ deposits are held in cold storage by Crypto.com, which is all done for security reasons. But when you make a withdrawal request, it is automated for all cryptos. What is even better is that most withdrawals happen instantly, and they do not tend to take more than two hours to process.

Crypto.com 2-Factor Security

In order to do address whitelisting and start a crypto withdrawal, 2-factor authentication will be required.

Withdrawal Address Whitelisting on Crypto.com

Withdrawal address whitelisting is necessary to increase the security of your funds whenever you wish to transfer to new addresses. To do it, you will have to select the TRANSFER button and then go to “Withdraw”, then “Crypto” and then “External Wallet”.

Next, click on “+Add Wallet Address”. Pick the crypto you want to withdraw and then paste, type, or scan the withdrawal address. Give a name to your wallet and then select “CONTINUE”. You will have to enter a 6-digit verification code that your authenticator app produces. Then, you can repeat all these steps to save a whitelisted list of all the withdrawal addresses.

How to Make a Withdrawal

Making a withdrawal requires the following steps:

Click on “TRANSFER” on the home screen of your app.
Select “WITHDRAW”
Pick “CRYPTO”
Choose “External Wallet”
Find the withdrawal address you whitelisted and tap “Withdraw”
Enter the amount needed and tap “Withdraw”

Withdrawal Confirmation

When you get a confirmation for the withdrawal address, you will receive a withdrawal request confirmation. It’s important to check your email to find it. This shows you that Crypto.com has acknowledged getting your request and will get to it as soon as possible. When the request is processed, you will get a different notification.

Crypto Trade Beware

If you somehow end up getting an email for something you didn’t request, such as a crypto withdrawal or address whitelisting, you should contact the Crypto.com support team as soon as possible. They will help you disable crypto transactions, change the passcode and even stop the withdrawal request.

Final Thoughts on Transfering from Crypto.com

As you can see, withdrawing money or cryptocurrency from Crypto is easy if you follow the right steps. We hope our guide was useful and you can now withdraw money/crypto quickly and safely.

Need a Loan? Get One in 3 Simple Steps

If you are considering applying for a personal loan, just follow these 3 simple steps.

Apply

Apply online for the loan amount you need. Submit the required documentation and provide your best possible application. Stronger applications get better loan offers.

Accept

If your application meets the eligibility criteria, the lender will contact you with regard to your application. Provide any additional information if required. Soon you’ll have your loan offer. Some lenders send a promissory note with your loan offer. Sign and return that note if you wish to accept the loan offer.

Repay

The loan then gets disbursed into your U.S. bank account within a reasonable number of days (some lenders will be as quick as 2-3 business days). Now you need to set up your repayment method. You can choose an autopay method online to help you pay on time every month.

About Stilt

Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. Stilt is committed to helping immigrants build a better financial future.

We take a holistic underwriting approach to determine your interest rates and make sure you get the lowest rate possible.

Learn what others are saying about us on Google, Yelp, and Facebook or visit us at https://www.stilt.com. If you have any questions, send us an email at [emailprotected]

Frank Gogol

I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.

See author's posts

Stilt

Checkout stilt community created by immigrants like you.

Our Services

Company

Learn More

Connect With Us

Privacy Terms

Stilt, Inc strives to keep this blog information accurate and up to date. All information is presented without warranty. Discrepancies may be found. This blog does not consist of legal advice.

Current States: AZ, IL, FL, TX, PA, CA, MI, WA, UT, OH, MO, TN, GA, NY, NJ, NC, WI, MA, VA.

Stilt loans are originated by Stilt Inc., NMLS#1641523 ( NMLS Consumer Access ). Terms and conditions apply. To qualify for a Stilt loan you must reside in an eligible state and meet Stilt's underwriting requirements. Not all borrowers receive the lowest rate. Rates and terms are subject to change at anytime without notice and are subject to state restrictions.

To check rates and terms Stilt may be able offer you a soft credit inquiry that will be made. This soft inquiry will not affect your credit score. However, if you choose to accept a Stilt loan offer, a hard inquiry from one or more of the consumer reporting agencies will be required. A hard inquiry may affect your credit score.

If you could receive a $10,000 loan with a term of 18 months with an APR of 13.00%, the monthly payment will be $614.48. No down payment is required.

The minimum loan amount in MA is $6,001.
The minimum loan amount in GA is $3,001.
The minimum loan amount in CA is $2,600.