You might need to withdraw or transfer your cryptocurrencies once you collect some coins in your wallet. So, if you are looking for the process of Crypto.com withdrawal to a UK bank account, you are at the right place.
In this article, you will learn about the step-by-step guide to transferring or withdrawing your funds from crypto.com to a UK bank account. Crypto.com provides a facility to transfer fiat from apps by selling crypto to the wallet and transferring the fund to your bank account.
Crypto.com doesn’t ask for any fee for the withdrawal process. But, your bank may charge a small amount as a processing fee.
How To Withdraw Money From Crypto.com In UK?
Steps To Withdraw Money from Crypto.com in the UK:
Step 1. Login to your account.
Step 2. Select ‘Account’ then ‘Fiat wallet’ to ‘Set up a new currency.’
Step 3. Click on the “Get started to activate your GBP wallet.”
Step 4. Fill in the details and Tap ‘transfer’ and then ‘withdraw.’
Step 5. Tap on ‘Deposit Now’ then Click on the “send all account info to my email.”
Step 6. Again Click on ‘accounts, and tap ‘crypto wallet.’
Step 7. Choose the cryptocurrency and tap on Sell
Step 8. Choose ‘Fiat wallet’ and tap on ‘Account’ followed by ‘GBP wallet.’
Step 9. Select the ‘Withdraw’ option and Confirm your withdrawal.
Crypto.com UK Minimum Withdrawal
The minimum withdrawal limit is £70 per transaction. Although there are some restrictions when it comes to how much you can withdraw every month.
Crypto.com UK Withdrawal Limit
Your accumulative maximum on a daily basis can only be £100,000 on a 24-hour rolling while it is £500,000 on a 30-day rolling.
Also Read: How to Transfer Crypto from MetaMask to Crypto.com?
Crypto.com UK Withdrawal Time
It takes about 2 to 4 business days to review your withdrawal request and then another 1 day to process the withdrawal request. The funds will transfer shortly after that and you’ll be notified about the same.
Crypto.com UK Withdrawal Fees
There are no withdrawal fees for GBP withdrawals via FPS on Crypto.com. However, your bank may charge you some processing fees. Therefore, check with your banking institution about fees and specifics before making a withdrawal transaction.
Crypto.com UK Withdrawal Pending
When you make a crypto withdrawal, it is given “Pending” status and stays in this status until the withdrawal request is processed. Then, the status changes to “In Progress.”
Also Read: Crypto.com Wallet Address
Final Words
These are the step-by-step process to withdraw your crypto funds directly to your UK bank account. So, follow the above-mentioned steps and cheer up.
