As more users turn to cryptocurrency platforms for trading, staking, and holding digital assets, understanding how to move funds efficiently is essential. If you’re using Crypto.com, one of the most popular centralized exchanges, knowing how to withdraw from Crypto.com is key to managing your assets securely and conveniently.

Crypto.com offers several withdrawal options, including sending crypto to external wallets or converting your digital assets into fiat currencies like USD, EUR, or GBP and transferring them to your bank account. However, each method comes with specific steps, verification requirements, fees, and limits that users must understand to avoid delays or errors.

In this comprehensive guide, we’ll walk you through everything you need to know about withdrawing from Crypto.com in 2025 — whether you’re sending crypto to a hardware wallet, transferring funds to a bank account, or cashing out profits. We’ll also explore common issues, security tips, and how to optimize your withdrawal process.

What You Need to Know Before Withdrawing from Crypto.com

Before initiating any withdrawal from Crypto.com, you need to ensure a few things are in place:

KYC Verification: To withdraw fiat currency, you must complete Crypto.com’s Know Your Customer (KYC) process.
Linked External Wallet or Bank Account: Crypto withdrawals require whitelisting your external wallet address, while fiat withdrawals need a verified bank account.
Minimum Withdrawal Limits: Each coin and fiat currency has specific minimum thresholds.
Withdrawal Fees: Crypto.com charges network fees (for crypto) and may apply bank-related fees (for fiat).

Understanding these aspects helps prevent blocked transactions and ensures smooth processing.

How to Withdraw Crypto from Crypto.com

Withdrawing cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), or USDC from Crypto.com to an external wallet is a straightforward process if you follow the correct steps.

Step-by-Step: Withdrawing Cryptocurrency to an External Wallet

Step 1: Open the Crypto.com App

Ensure you’re using the latest version of the Crypto.com mobile app or log into the desktop version through the exchange interface.

Step 2: Navigate to the Transfer Section

Tap on the Accounts tab.
Select your Crypto Wallet.
Tap Transfer and then choose Withdraw.

Step 3: Select “External Wallet”

This will allow you to send your crypto to a wallet address not hosted on Crypto.com — such as a hardware wallet, MetaMask, or another exchange.

Step 4: Add a Withdrawal Address (If Not Already Added)

Tap Add Wallet Address.
Choose the cryptocurrency you wish to withdraw.
Paste the wallet address or scan a QR code.
Assign a label (e.g., “My Ledger Wallet”).
Complete the two-factor authentication (2FA) for added security.

Note: For security, Crypto.com applies a 24-hour hold on newly added addresses before allowing withdrawals.

Step 5: Select the Wallet and Amount

Choose the whitelisted address, enter the amount you want to withdraw, and review transaction fees and estimated time.

Step 6: Confirm the Transaction

Verify all details, including wallet address and network (e.g., ERC-20 vs. BEP-20), then approve the transaction.

Also Read This:- Crypto.com Showdown: The Ultimate Comparison of Features, Fees, and Performance in 2025

Crypto.com Network Fees and Withdrawal Time

Network Fees: Vary based on blockchain congestion. BTC and ETH fees are typically higher than stablecoins like USDC on Polygon or BSC.
Processing Time: Generally within 1–3 hours, but can be longer depending on network conditions.

Supported Cryptocurrencies for Withdrawal

Crypto.com supports over 250 assets for withdrawal, including:

Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
USD Coin (USDC)
Cronos (CRO)
Solana (SOL)
Polygon (MATIC)

Make sure you’re withdrawing to a wallet that supports the selected token and network.

How to Withdraw Fiat from Crypto.com to Bank Account

Withdrawing fiat (USD, EUR, GBP, AUD, etc.) requires identity verification and linking a bank account. Fiat withdrawals are supported in selected regions depending on local regulations.

Step-by-Step: Fiat Withdrawal Process

Step 1: Complete KYC Verification

You must complete Level 2 KYC to access fiat features. This includes uploading identification documents and a selfie for facial verification.

Step 2: Set Up Fiat Wallet

Go to Accounts > Fiat Wallet in the app.
Choose your preferred currency (USD, EUR, etc.).
Tap Set Up New Bank Account.
Enter your bank account details and follow on-screen instructions.

Step 3: Sell Crypto to Fiat

Go to your Crypto Wallet.
Choose the asset you want to convert.
Tap Sell, then choose to receive funds in your Fiat Wallet.

Example: Sell 1 ETH to receive USD in your Fiat Wallet.

Step 4: Withdraw to Bank

Go to Fiat Wallet > Withdraw.
Select the linked bank account.
Enter the amount.
Review fees and estimated delivery time.
Confirm and authenticate the transaction.

Fiat Withdrawal Fees and Limits

USD (via ACH or wire): No fees for ACH, wire fees may apply.
EUR (via SEPA): Often free or minimal charges.
Minimum Withdrawal: Varies by region, typically $100 or equivalent.
Processing Time: 1–5 business days depending on bank and method.

Supported Fiat Currencies

Availability depends on regional banking partnerships and regulatory compliance.

How to Withdraw from Crypto.com DeFi Wallet

If you’re using the Crypto.com DeFi Wallet, which is non-custodial, the process differs from the centralized app.

Key Differences

You own your private keys.
Withdrawals mean sending crypto from your DeFi Wallet to another wallet or exchange.
There are no withdrawal fees from Crypto.com but blockchain network fees still apply.

Steps to Withdraw from DeFi Wallet

Open the DeFi Wallet app.
Select the token you wish to send.
Tap Send.
Enter the recipient wallet address.
Choose the amount and network.
Confirm with biometric security or passcode.

Ensure network compatibility to avoid asset loss.

Also Read This:- Crypto.com Tax: A Complete Guide to Reporting and Filing in 2025

Common Withdrawal Issues and How to Fix Them

1. Withdrawal Address Not Whitelisted

Solution: Add the address and wait 24 hours for it to be activated.

2. Incorrect Network Selected

Solution: Double-check token standards (e.g., don’t send ERC-20 tokens to a BEP-20 address).

3. Withdrawal Delayed or Not Received

Solution:

Check transaction status on blockchain explorers.
Confirm network congestion.
Contact Crypto.com support if it exceeds 24 hours.

4. Bank Withdrawal Rejected

Solution:

Ensure bank details are correct.
Confirm that your bank accepts crypto-related transfers.
Check with Crypto.com’s supported fiat currencies and banking partners.

Security Tips When Withdrawing from Crypto.com

Enable Two-Factor Authentication (2FA) on all actions.
Double-check wallet addresses to avoid sending funds to the wrong address.
Use trusted networks — avoid public Wi-Fi during transactions.
Avoid phishing emails that mimic Crypto.com communications.
Withdraw to hardware wallets for long-term storage and enhanced security.

Tax Considerations When Withdrawing from Crypto.com

Crypto withdrawals may trigger taxable events depending on your country:

Selling crypto to fiat is typically a capital gains event.
Transferring crypto to another wallet is not taxable, but converting crypto before withdrawal is.
Fiat withdrawals are not taxable themselves, but the prior crypto-to-fiat conversion is.

Use crypto tax software (like Koinly, TokenTax, or CoinTracker) to keep track of your transactions and reporting obligations.

Real-World Scenarios

Scenario 1: Withdrawing USDC to a Hardware Wallet

John wants to store his USDC offline. He:

Opens Crypto.com app
Adds his Ledger wallet address (ERC-20)
Waits 24 hours
Withdraws USDC, paying a $0.50 fee
Sees funds arrive in 30 minutes

Scenario 2: Selling ETH and Withdrawing USD to Bank

Sarah wants to cash out:

She sells 0.5 ETH in the app for $1,000 USD
Transfers funds to her Fiat Wallet
Initiates ACH withdrawal to her U.S. bank
Receives funds within 2 business days

Alternatives to Withdrawing from Crypto.com

In some cases, users may consider alternatives to withdrawing:

Crypto.com Visa Card: Spend crypto directly without withdrawing fiat.
Swap to stablecoins: Hold value in USDC or USDT during volatility.
Send to another exchange: Move assets to Binance, Coinbase, or Kraken to access different trading pairs or cash out options.
Stake or lend assets: Earn passive income while keeping funds on the platform.

Final Thoughts

Withdrawing funds from Crypto.com is a critical part of managing your digital assets. Whether you’re transferring crypto to a private wallet or cashing out into fiat currency, the process is designed to be secure and user-friendly — provided you follow the necessary steps.

As regulatory compliance and security standards continue to evolve, Crypto.com remains one of the most accessible platforms for global users seeking both centralized convenience and decentralized functionality. Knowing how to withdraw from Crypto.com ensures you have full control over your finances, with flexibility to store, spend, or reinvest as needed.

FAQs

Is there a fee to withdraw from Crypto.com?
Yes. Crypto withdrawals incur network fees. Fiat withdrawals may involve bank fees depending on the method and currency.

How long does it take to withdraw from Crypto.com?
Crypto withdrawals usually process within 1–3 hours. Fiat withdrawals can take 1–5 business days depending on the banking method.

Can I withdraw directly to my bank account?
Yes, if you’ve completed KYC and linked a bank account. Fiat withdrawal options depend on your region and currency.

What’s the minimum withdrawal amount?
It varies. For fiat, it’s typically around $100. For crypto, each token has a different minimum withdrawal threshold.

Is it safe to withdraw to a hardware wallet?
Yes, it’s one of the safest methods for long-term storage. Always verify the address and use the correct network.

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How to Withdraw from Crypto.com: Complete 2025 Guide for Crypto and Fiat