Are you wondering how to transfer money from crypto.com to a bank account? Transferring money from crypto.com to a bank account is something you need to do once you earn some virtual money in the form of cryptocurrency.
In this article, you will learn about the step-by-step process of transferring money from crypto.com to a bank account.
But before we jump deeper into its procedure, let’s understand what exactly the website of crypto.com is?
Crypto.com is one of the popular and legitimate platforms for exchanging cryptocurrency available for the traders of the U.S. It has nearly sixty fiat currencies and can be easily accessed from more than eighty countries.
The website facilitates its users by providing a secure digital wallet that is convenient, easy to use, serving as a cheaper alternative to the other crypto exchange website.
You can use crypto.com to sell or buy different cryptocurrencies as an investor. The website facilitates users to transfer their money to their bank accounts using various credit cards, wire transfers, or ACH withdrawals.
How To Transfer Money From Crypto.com To Bank Account?
Steps to Transfer Money from Crypto.com to Bank Account:
Step 1: Log in to the Crypto.com account.
Step 2: Click on the ‘Crypto Wallet’ and select your cryptocurrency.
Step 3: Tap the sell button and click on ‘Fiat Wallet.’
Step 4: Select your currency, enter the amount and confirm.
Step 5: Select the “transfer” option and Tap on the “withdraw“.
Step 6: Select your GBP currency.
Step 7: Fill in the amount you want to withdraw.
Step 8: Confirm your withdrawal.
Now your withdrawal request will be under review. The website will transfer the amount once the review process is done.
Crypto.com Transfer Limit
Crypto.com transfer limit ranges between the minimum withdrawal of $100 and a maximum of $50,000 for a transaction in a month.
Also Read: Is Crypto.com Coin (CRO) A Good Investment?
How Much Time Does It Take To Transfer Money From Crypto.com To A Bank Account?
It usually takes 3-5 working days to transfer money from crypto to a bank account. Once you have successfully submitted your withdrawal request, it may take 3-5 business days in case of ACH to credit the amount in your account.
However, if you go through the wire transfer, it only takes a few hours to one day to credit the amount.
Crypto.com Transfer Fees
Crypto.com transfer fees depend on the currencies. The withdrawal fees of crypto.com change very frequently.
So, it is always good to check the below-given link to keep yourself updated.
https://crypto.com/exchange/document/fees-limits?tab=2
To Sum Up
You can easily transfer your amount from Crypto.com’s wallet to your bank account by paying processing fees.
The transferring charges depend upon the types of cryptocurrencies you want to transfer. Crypto.com provides a facility to invest in varieties of cryptocurrencies available in the market.
