How to Withdraw Money from Crypto.com

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Crypto.com has become one of the most popular platforms for buying, trading, and managing cryptocurrencies. But once you’ve made gains or simply want to access your funds, knowing how to withdraw money from Crypto.com is essential. Whether you're looking to transfer fiat currency to your bank account or move crypto to an external wallet, this comprehensive guide walks you through every step—securely and efficiently.

We’ll cover both withdrawal methods: transferring fiat to your bank and sending cryptocurrency to external wallets. You'll also learn about security best practices, fees, processing times, and common issues users face.

Option 1: How to Withdraw Fiat from Crypto.com to Your Bank Account

Withdrawing traditional currency (fiat) like USD, EUR, or GBP from Crypto.com to your bank is a straightforward process. This option is ideal if you're cashing out your crypto profits or need funds for everyday expenses.

👉 Discover how to securely move your digital assets today.

Here’s a step-by-step breakdown:

  1. Log in to Your Crypto.com Account
    Open the Crypto.com mobile app and log in using your credentials.
  2. Access the Fiat Wallet
    Navigate to the Account tab (blue icon at the bottom), then select Fiat Wallet from your list of accounts.
  3. Initiate a Transfer & Choose Withdraw
    Tap “Transfer” at the top of the screen. At the bottom of the app, you’ll see two options—choose Withdraw.
  4. Select Your Fiat Currency
    You’ll be shown available fiat currencies linked to your account (e.g., USD, EUR, GBP). Pick the one you wish to withdraw.
  5. Enter Withdrawal Amount & Choose Bank Account
    Input the amount you’d like to withdraw (minimum: $100). Then, select your linked bank account and tap Withdraw.

  6. Confirm the Transaction
    On the confirmation screen, review:

    • Associated fees
    • Estimated processing time
    • Recipient bank details

    If everything looks correct, tap Confirm to complete the withdrawal.

Note: Withdrawals incur fees, which vary by currency and region. Always check current terms before confirming. Processing typically takes 1 to 5 business days, depending on your location and banking institution.

You can withdraw up to $50,000 per month, making it suitable for both casual investors and active traders.

Option 2: How to Withdraw Cryptocurrency from Crypto.com

If you prefer self-custody or want to use your crypto on another platform, withdrawing directly to an external wallet is the way to go. However, you must be at least at Beginner Level verification to perform this action.

Follow these steps:

  1. Log in to your Crypto.com account.
  2. Go to the Account tab and tap Crypto Wallet.
  3. Select the cryptocurrency you want to withdraw (e.g., BTC, ETH).
  4. Tap Transfer, then choose Withdraw at the bottom.
  5. Select External Wallet as the destination.
  6. Choose a previously whitelisted address—or tap the + icon to add a new one.
  7. Enter the withdrawal amount.

  8. Tap Withdraw, then confirm all details including:

    • Network fee
    • Processing time
    • Recipient address
    • Final amount
  9. Confirm with Withdraw again to finalize.

Once initiated, withdrawals are usually processed instantly but may take up to two hours due to blockchain congestion or internal security checks.

What Is Crypto.com?

Crypto.com is a leading cryptocurrency exchange and financial services platform offering trading, staking, lending, and spending tools. It supports over 250 digital assets and provides users with a secure environment for managing their crypto portfolios.

One of its standout features is the Crypto.com App, which integrates a built-in crypto wallet for storing, sending, and receiving various cryptocurrencies. Additionally, its Visa-powered debit card allows users to spend crypto directly at merchants worldwide.

Security remains a top priority, with cold storage for most user funds and automated withdrawal systems designed for speed and reliability.

Crypto.com Withdrawal Address Whitelist: A Vital Security Feature

The withdrawal address whitelist is a critical security measure that protects your digital assets. When enabled, you can only send crypto from your Crypto.com wallet to pre-approved (whitelisted) addresses.

This means that even if your account is compromised, hackers cannot redirect your funds to unknown wallets—your crypto stays protected.

How to Add a Whitelisted Withdrawal Address

Adding an address takes just a few minutes:

  1. Log in and go to your Crypto Wallet.
  2. Select a coin and tap Transfer > Withdraw > External Wallet.
  3. Tap the + icon in the top-right corner and choose Wallet Address.
  4. Select the correct network (e.g., Ethereum for ERC-20 tokens).
  5. Paste the recipient address or scan a QR code.
  6. Name the wallet (e.g., “My Ledger”) and tap Continue.
  7. Complete 2FA verification (required).

⚠️ Important: Whitelisted addresses have a 24-hour lock period before they can be used for withdrawals. Plan accordingly.

Also, ensure no extra spaces are included when pasting addresses—this could result in lost funds.

Two-Factor Authentication (2FA) on Crypto.com

Crypto.com requires 2FA authentication for all sensitive actions—including adding whitelisted addresses and initiating withdrawals. This adds an essential layer of protection against unauthorized access.

Use authenticator apps like Google Authenticator or Authy instead of SMS-based 2FA for stronger security.

👉 Learn how top platforms secure user withdrawals with advanced protocols.

Automated Withdrawal System & Fund Security

Crypto.com stores most user deposits in cold wallets (offline storage), minimizing exposure to online threats. Meanwhile, all crypto withdrawal requests are handled through an automated system for efficiency.

While most withdrawals are processed immediately, some may take up to two hours due to:

Fiat withdrawals rely on traditional banking rails, so expect longer wait times compared to crypto transfers.

Frequently Asked Questions (FAQ)

How much can I withdraw from Crypto.com per month?

You can withdraw up to **$50,000 per month** in fiat currency, with a minimum withdrawal amount of $100. Crypto withdrawals depend on network limits and your account level.

Can I cancel a withdrawal on Crypto.com?

No—you cannot cancel a withdrawal once initiated. If you made an error, contact Crypto.com support via live chat immediately. For crypto transactions, cancellation is nearly impossible after confirmation due to blockchain immutability.

Why can’t I withdraw from Crypto.com?

Common reasons include:

Ensure your identity is fully verified and all security features are enabled.

Can you withdraw money from Crypto.com?

Yes. You can withdraw both fiat currency (USD, EUR, GBP) to your bank account and cryptocurrencies (BTC, ETH, etc.) to external wallets—provided your account meets verification requirements.

Does Crypto.com charge withdrawal fees?

Yes. Fees apply for both fiat and crypto withdrawals:

Always review fees before confirming any transaction.

How long does it take to withdraw from Crypto.com to a bank account?

Fiat withdrawals typically take 1–5 business days, depending on your country and bank. Crypto withdrawals are faster—usually within minutes, though they may take up to two hours during peak times.

Final Thoughts

Knowing how to safely withdraw money from Crypto.com—whether to your bank or an external wallet—is crucial for managing your investments responsibly. By following our step-by-step instructions and enabling key security features like address whitelisting and 2FA, you can protect your assets while enjoying seamless access to your funds.

Always double-check recipient addresses, plan ahead for 24-hour whitelist locks, and keep your app updated for optimal performance.

👉 Get started with secure crypto withdrawals now—protect your digital wealth effectively.