How To Withdraw From Crypto.com To Bank

A withdrawal from the Crypto.com App is a transaction of transferring crypto from the Crypto.com environment to an external address (usually a wallet or an exchange). As all blockchain transactions - and contrary to sending crypto to another Crypto.com App user - come with a fee.

You lot can detect the relevant withdrawal fee in the Fees & Limits department of the Settings in your Crypto.com App.

Automated Withdrawals

All Users’ deposits are held in cold storage, for security reasons, yet, withdrawal requests - for all cryptos - are automatic.

In well-nigh cases, withdrawals are almost instant and normally should take no longer than 2-3 hours to be processed.

Annotation: Withdrawals will exist sent from an address that differs from your crypto'due south deposit address.

Security

2FA will exist required for both addresses whitelisting and initiating crypto withdrawals.

To safeguard your funds, you are recommended to enable the 24-hr withdrawal lock, which protects your account by disabling withdrawals for 24 hours to addresses that take been newly whitelisted.

Please note that yous will not be eligible for the Account Protection Plan (if applicable) while this feature is disabled.

To enable the 24-hour Withdrawal Lock:

1. Open the Crypto.com App and become to “Settings”

ii. Click “24-60 minutes Withdrawal Lock” under the “Security” tab

3. Toggle on the 24-60 minutes Withdrawal Lock

To disable the 24-hr Withdrawal Lock:

1. Open up the Crypto.com App and go to “Settings”

2. Click “24-hour Withdrawal Lock” under the “Security” tab

3. Toggle off the 24-Hour Withdrawal Lock

4. Click “I desire to disable” to confirm your determination

five. Enter your passcode or confirm using a biometric ID.

Important: Disabling the Lock will take effect in 24 hours.

Address whitelisting

To increase the security of your funds, we are requiring withdrawal accost whitelisting every time y'all want to ship crypto to a new address.

*Please annotation there will be a 24-60 minutes withdrawal lock on the newly added withdrawal accost if the feature is enabled.

*Please exist advised that when the network you are using for withdrawing or the token is different, whitelisting is mandatory.

To whitelist a withdrawal address:

1. Open up the Crypto.com App and go to "Accounts"

2. Open your Crypto Wallet

3. Tap the
   TRANSFER
   button > “Withdraw” > “External Wallet”

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4. Click on the "+ Add together Wallet Address" button to add a new withdrawal accost. If yous already have one or more added, click the "+" in the upper correct corner and tap "Wallet Address" to see the pick appear.

5. Select the cryptocurrency y'all wish to withdraw and the network you lot wish to use

6. Blazon, paste or scan the withdrawal accost (tap the blue QR code icon to browse the address)

7. Give your wallet a proper noun and striking
   CONTINUE

8. Enter the mobile verification code

9. You lot'll be prompted to enter the 6-digit verification lawmaking generated by your authenticator app

10. Enter the 2FA authentication code generated by your authenticator app

11. Repeat the previous steps to save a whitelisted list of your withdrawal addresses

When inbound the withdrawal address, remember to remove whatever whitespace earlier or afterward the cord of characters, or any other text that is not a office of the address (sometimes when y'all scan a QR code, it will add something similar “ethereum:” if you try saving information technology, you lot will get an error bulletin “Invalid Address”).

Please see other sections for common bug associated with specific cryptos.

To make a withdrawal:

1. Open up the Crypto.com App and get to "Accounts"

2. Open your Crypto Wallet

3. Press the "Transfer" push button

4. Press "Withdrawal"

   

5. Select "External wallet"

6. Locate and select the whitelisted wallet address.

7. Enter your passcode or confirm using biometric ID.

8. Enter the 2FA authentication lawmaking generated by your authenticator app.

9. Enter the mobile verification code.

10. Enter the amount and press "Withdraw"

11. Await for the withdrawal to be processed.

How To Locate the Transaction ID (TxHash/TxID)?

Withdrawal request confirmation

Once your withdrawal address is confirmed, you will receive a withdrawal request confirmation electronic mail - that ways we have acknowledged receiving your request and will process information technology as soon as nosotros can (usually no later than on the post-obit business organization day). You will receive a separate notification, once the request is processed.

Warning

If you receive an email for an action you did not asking (address whitelisting or crypto withdrawal), delight contact our Support immediately (for speed, utilise the in-app chat, if possible - you tin can find it in the Settings, section: Contact Support). Our Staff volition assist yous to disable crypto transactions (if necessary), attempt to stop the withdrawal request, and modify the passcode (we will need to verify your identity to do that).

As it is possible that your account has been compromised, you may desire to change your Crypto.com login email at the same time (click on Contour, then tap the email address). You lot volition need to have admission to your current e-mail accost to complete this activity.