How To Withdraw Money From Crypto Com

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Insured by the Federal Deposit Insurance Corporation, Metal Pay imposes withdrawal limits of $10,000 per day, $100,000 per month, and $1.2M a year, but converting crypto to cash is straightforward. Unlike Fiat currency, Bitcoin is much simple to withdraw, and you may not have to wait for days to obtain your funds. All you require to do is get a service that is ready to purchase your cryptocurrencies. You can trade Bitcoin on the crypto exchange and get cash immediately to the bank account. Most cryptocurrency exchanges do not allow you to deposit funds using fiat money - however, some do. This is how it works: you deposit your Bitcoin into the exchange, then, once the exchange has received your Bitcoin, you can request a fiat currency withdrawal. The most common way to do this via a bank (wire) transfer. Log-In to your Bittrex account from the mobile app. Look for the bottom menu and click on 'Holdings.' Click 'Withdraw' and use the search function to find the currency you want to send. Enter the public wallet address you created in step two and the amount you want to withdraw. Tap the TRANSFER button ' Withdraw ' ' Crypto ' ' External Wallet ' Click on the ' + Add Wallet Address ' button to add a new withdrawal address Select the crypto you wish to withdraw. Type, paste or scan the withdrawal address (tap the blue QR code icon to scan the address).

Table of Contents

  1. Introduction
  2. How to Buy/Sell Cryptocurrency

A. Buy using Credit/Debit Card
B. Buy using Fiat Wallet
C. How to Sell Cryptocurrency
3. How to Withdraw/Deposit

A. Withdraw
B. Deposit

4. EUR Bank Transfers via SEPA
5. EUR Withdrawal via SEPA
6. Send Cryptocurrency to Friends
7. Crypto.com Crypto.com Visa Card
9. CRO Token Utility Overview
10. Crypto Wallet Overview
11. How to Track Cryptocurrency on the Crypto.com App

12. How to use Crypto Earn
13. How to use Crypto Credit
14. Crypto.com Pay
15. BG25 Referral Program
16. Useful Links and Social Media Channels

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1. Introduction

Welcome to the Crypto.com App Complete Guide! Whether you're new to crypto, an avid user or just here check out our features, here's a simple step-by-step guide on how to use the Crypto.com App. Let's get started!
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2. How to Buy/Sell Cryptocurrencies on the Crypto.com App

A. Buy using Credit/Debit Card

Note: Before Transacting Cryptocurrency, you must register for an account and complete your Identification Verification or KYC (Know Your Customer)

Step 1. Open the Crypto.com App and Select 'Buy'
Step 2. Select the Cryptocurrency You Would Like to Purchase
Step 3. Select Credit Card as the Purchase Method

Step 4. Accept the 3.5% Card Fee.
Step 5. Click 'Add Credit or Debit Card'.
Step 6. Fill Out Your Credit/Debit Card Information ($0.10 Will be Charged to Your Card to Authenticate the Transaction)

Step 7. Select the Amount of Cryptocurrency You Would Like to Purchase and Click 'Buy'.
Step 8. Please Check and Confirm the Transaction.
Step 9. Congratulations! You've Purchased Cryptocurrency.

You will receive a confirmation email with your transaction details. The transaction details will also be shown in the respective wallet of your transaction.

B. Buy using Bank Transfer

Step 1. Open the Crypto.com App and Select 'Buy'
Step 2. Select Fiat Wallet as the Purchase Method
Step 3. Select the Amount of Cryptocurrency You Would Like to Purchase and Click 'Buy'.

Step 4. Confirm the Transaction.
Step 5. Congratulations! You've Purchased Cryptocurrency.

You will receive a confirmation email with your transaction details. The transaction details will also be shown in the respective wallet of your transaction.

C. How to Sell Cryptocurrency on the Crypto.com App.

Step 1. Open the Crypto.com App and Select 'Sell'.
Step 2. Select the Cryptocurrency You Would Like to Sell.
Step 3. Choose the Amount You Would Like to Sell, As Well as the Cryptocurrency You Would Like to Sell For.

Step 4. Confirm the Transaction
Step 5. Congratulations! You've Sold Cryptocurrency.

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3. How to Withdraw/Deposit Cryptocurrency to/from the Crypto.com App

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 - they come with a fee.

You can find the relevant withdrawal fee in the Fees & Limits section of the Settings in your Crypto.com App.

The Crypto.com app makes depositing and withdrawing cryptocurrency easier than ever. One of the most popular sites users transfer to and from is an exchange called Coinbase.

For the sake of this guide we will show the deposits and withdrawals transferred from Coinbase. Regardless, the method is nearly the same for most places you will transfer cryptocurrency.
Things to note:

  • Your deposit address for ETH and ERC-20 tokens* is exactly the same.
  • XRP and BNB deposits require both the destination tag and deposit address.

Disclaimer: Be extremely careful while depositing/withdrawing cryptocurrency. A simple mistake such as missing a letter or a number in your cryptocurrency address will result in an irrevocable loss of funds. Please refer to the Crypto.com App terms and conditions for more information.

A. Withdrawing Cryptocurrency from the Crypto.com App

Step 1. Open Your Coinbase App and Select the 'Accounts' Tab.
Step 2. Select Which Cryptocurrency You Would Like To Withdraw
Step 3. Select the 'QR Code' Button in the Top Right Corner.

Step 4. Select 'Copy Address' to Copy the Address to Your Clipboard.
Step 5. Open up Your Crypto.com App and Select 'Transfer'.
Step 6. Click on 'Withdraw' > 'Crypto' > 'External Wallet'

Step 7. Click on '+ Add Wallet Address' to Whitelist your Wallet Address.
Step 8. Enter the Wallet Address and Give the Wallet a Name, Then Click Continue.
Step 9. Navigate To The Crypto.com Email Confirmation.

Step 10. Once You Receive the Email, Click the 'Confirm Withdrawal address' Button.
Step 11. Once You've Done This You Will be Able to Withdraw to the Address. From Here Hit the 'Send (Crypto)' Button.
Step 12. Select the Amount of Cryptocurrency You Would Like to Send.

Step 13. Your Cryptocurrency has Been Withdrawn.

In most cases crypto withdrawals are almost instant and normally should take no longer than two hours to be processed - subject to network conditions.

B. Depositing Cryptocurrency to the Crypto.com App

Step 1. Click 'Transfer' > 'Deposit' > 'Crypto'

Step 2. Navigate to Click on the Crypto you Wish to Deposit (in this case ETH).
Step 3. Click on the 'Copy' Icon Beside Your Wallet Address to Copy the Address to Your Clipboard.

Step 4. Open the Coinbase App and Select 'Accounts'.


Step 5. Select the Cryptocurrency You Would Like to Send to the Crypto.com App.
Step 6. Click on the 'Paper Airplane' or 'Send' Icon in the Top Right Corner.

Step 7. Select the Amount of Cryptocurrency You Would Like to Send to Crypto.com and Select 'Next'.
Step 8. Paste Your Wallet Address in the 'To' Section. Click Next in the Top Right Corner.
Step 9. Confirm Your Transaction.

Step 10. You're All Done. Within 5–60 Minutes You Will Receive Confirmation That Your Cryptocurrency has Arrived in Your Wallet.

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4. Fiat Wallet - EUR Bank Transfers via SEPA

Bank transfers via SEPA Network are a relatively inexpensive way to transfer funds into the Crypto.com App.

For information on the use of Transferwise to fund your EUR Bank Transfers via SEPA Network, read here:

How to set up my EUR currency wallet & payment network?

  1. Go to 'Fiat Wallet' from Super App Menu Button or Home Screen.
  2. Tap 'Transfer' > 'Deposit' > 'Fiat'
  3. Setup EUR (SEPA)
  4. Complete the EUR wallet set-up as per the SEPA network instructions and T&C acceptance
  5. Use the bank account info provided to transfer directly through your bank via the SEPA network
  6. We will notify you once your bank transfer has been successfully deposited

How to deposit EUR?

Upon successful setup of the SEPA bank transfer account, you will see an information page with all the details necessary to transfer EUR from your bank account. This information can be also assessed via the 'Deposit EUR' button in your EUR Fiat Wallet.

Please keep in mind that only SEPA transfers from bank accounts bearing your name will be accepted. The information needed consists of:

  • Beneficiary name - the legal name you used to register in our app (this is the person you're sending the money to)
  • IBAN - this is the bank account number, to which you are sending the funds
  • BIC/SWIFT code - some banks require it to transfer the money
  • Institution name, address and country - not all banks require this info, but if they do, please use the details provided here

There may be slight differences in the details required by banks, but the information you have here will be sufficient for all of them.
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5. EUR Withdrawal via SEPA

Crypto.com users can withdraw fiat from their App by selling crypto to their EUR wallet and transferring EUR funds from this wallet to their bank account(s) in SEPA.

Due to compliance regulations, users are required to have at least one successful EUR deposit via SEPA to Crypto.com before we are permitted to transfer EUR funds back to the same bank account.

*Requires app version iOS 3.40/ Android 3.40 or higher

How to submit a EUR withdrawal request?

  1. Go to 'Fiat Wallet' from Super App Menu Button / Home Screen Wallet Balance: Tap 'Transfer' > 'Withdraw' > 'Fiat'

2. Tap on your EUR balance and 'Withdraw EUR'
3. Browse through the submission process and withdrawal limits then tap on 'Withdraw Now'

4. Insert your withdrawal amount and select the bank account you are withdrawing funds to

5. Review and confirm the withdrawal request

6. Wait for our internal review and we will notify you once the withdrawal is processed

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6. Send Cryptocurrency to Friends via 'Pay Your Friends' Feature

In addition to deposits/withdrawals, Crypto.com also offers users the ability to transfer cryptocurrency to friends using its 'Pay Your Friends' function. This function allows you to transfer cryptocurrency to your contacts nearly instantly and with zero fees.

Step 1. Open the App and Select 'Pay'.
Step 2. Click 'Send'
Step 3. Navigate Your Contacts to Select Which Friend You Wish to Send To
Note: After you've granted us permission to access your phone's contact list, we'll check the phone numbers with our records to determine whether a phone number is registered by a Crypto.com user.
In cases where the contact's phone number does not have a country code, we'll use your registered phone number's country code and add it to your contact's phone number.

Step 4. Select the Cryptocurrency to Send.
Step 5. Input the Amount you Wish to Send (You can add a note if you wish).
Step 6. Click to Confirm the Transaction.

Step 7. Just Like That You've Instantly Sent Cryptocurrency to Your Friend for no Fee.

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7. Crypto.com Crypto.com Visa Cards

Note: The benefits shown below are contingent on the user keeping a continuous stake of at least 5,000 CRO for a Ruby Steel Card.

The Crypto.com Visa Card is currently available in Singapore, the United States, countries in Asia Pacific and European Union.

In order to receive one of the Premium Metal Crypto.com Visa Cards on the Crypto.com app, one must lock up a predetermined number of of CRO Tokens corresponding to your card of choice (see above).

CRO Tokens that are used to reserve a card will be locked within the Crypto.com app for a duration of 180 days, after which you are free to do whatever you please with your denomination of CRO tokens.

Crypto.com Visa Card Cashback

Once you receive your Crypto.com Visa Card, you will immediately be able to enjoy up to 8% cashback (Depending on your card tier), by making purchases online and globally anywhere Visa is accepted.

Aside from providing one of the most generous crypto card cashbacks ever seen in the industry, the cashback function also offers a number of token utility.

When you make a purchase with your Crypto.com Visa Card, the cashback you earn will always be allocated to you in the form of CRO Tokens.

How to Reserve Your Crypto.com Visa Card

Note: The card reservation process will look slightly different if you have yet to reserve a card and the UI/UX varies in some regions.

Step 1. Open the Crypto.com App and Select 'Card'.
Step 2. Navigate to the Card You Would Like to Reserve (Every Card Except Midnight Blue Requires You to Stake CRO Tokens for a 180-days Term)
Step 3. Purchase/Stake the Amount of CRO Tokens Proportional to the Card You Are Reserving.

Step 4. Congratulations! You Have Reserved Your Crypto.com Visa Card.

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9. CRO Token Utility Overview

CRO tokens are able to be used and/or earned in connection with this product by eligible persons in the following key ways:

Crypto.com Coin (CRO) is the token that will natively run Crypto.com Chain. A revolutionary new payment system that is simple, beginner friendly and gaining traction as a leader in the Crypto payments industry. CRO also powers the overall Crypto.com ecosystem, with utility across payment, trading and financial services use cases.

The product uses QR codes to send payments simply and effectively at no cost to customers or merchants, whilst offering up to 10% cashback when paying with CRO. Now that is an incentive to pay with crypto.

Crypto.com Chain will operate both online through the 'Pay With Crypto.com Button' appearing at the checkout of partnered merchants, as well as offline as a simple line of code integrated into existing POS systems.
In the following video, we showcased its ability to enable instant cryptocurrency payments on existing merchant payment rails:
https://www.youtube.com/watch?v=vvl_OhL0Ez8

This utility is laid out as follows

  • Earn up to 20% cashback paying for goods online at Crypto.com Pay approved merchants.
  • Earn up to 10% Cashback on in-app Gift Card purchases paid out in CRO Tokens to your Crypto Wallet.

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10. Crypto.com App Overview

Crypto.com App homepage

Once you purchase cryptocurrency in the Crypto.com app you'll find it in your Crypto Wallet. Your Crypto Wallet is essentially just like the wallet in your pocket. The only difference being that instead of being filled with hyperinflationary fiat currency, it's filled with cryptocurrency.

The Crypto.com app offers up to 50+ coins. These include:

Crypto.com Chain (CRO), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), and more!

Example of the transaction history

On the bottom section of your Crypto Wallet, you will find your transaction history. This will show everything from Referral Rewards allocations to Card Cashback.
Think of this section like a bank statement. Every time crypto goes in or out of the wallet it is recorded here in a simple, easy to understand format.

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11. How to Track Cryptocurrency on the Crypto.com App

The tracking function can also sort by many different options such as by, Large Cap, Small Cap, Top Performers, Worst Performers, High Exchange Volume and Low Exchange Volume.

Follow the steps below to build your own portfolio of coins to track. You'd be surprised by the opportunities that arise when you pay close attention to the market.

Step 1. Open up Your App and Select 'Track' on the Bottom Menu Bar.
Step 2. Use the Search Bar to Find the Cryptocurrency You Would Like to Track.
Step 3. Select the Cryptocurrency You are Interested in Tracking. Tap The Star in the Corner of the Window to Begin Tracking.

Step 4. Your 'Starred' Coins Will Now Appear at the top of the Tracking Section, Allowing Easy Access to Prices and Analytics at Your Fingertips.

Step 5. You Can Set Target Price Alerts or Percentage Movement Alerts by Clicking on the 'Bell' icon on the top right and Create an Alert or the '+' icon.

Step 6. Select your Desired Token

Step 7. Set Target Price Alert/Percentage Movement Alert.

Step 8. Toggle your Desired Amounts/Percentages.

Step 9. You're all set! You can Enable/Disable the Alert as you Wish.

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12. How To Use Crypto Earn

Crypto Earn is sort of like your savings account, stake your crypto and earn interest. Unlike your savings account, Crypto Earn earns you a fair interest rate (up to 18%). Crypto Earn also allows you flexibility in the way you would like to save. There are 3 different staking durations to choose from.

Crypto.com Earn Rates:
There are 2 fixed holding options, a 1-month term and a 3-month term, as well as a flexible holding term. Users can enjoy better annual interest rate (APR) when they have CRO Tokens staked.

TERMS

Flexible (APR)

1 Month (APR)

3 Months (APR)

With 5000 Staked/No Stake

With >= 50000 CRO Stake

With 5000 Staked/No Stake

With >= 50000 CRO Stake

With 5000 Staked/No Stake

With >= 50000 CRO Stake

CRO

2%

2%

4%

4%

6%

6%

DAI

6%

8%

8%

10%

10%

12%

PAX*

6%

8%

8%

10%

10%

12%

TUSD*

6%

8%

8%

10%

10%

12%

TAUD*

6%

8%

8%

10%

10%

12%

TCAD*

6%

8%

8%

10%

10%

12%

TGBP*

6%

8%

8%

10%

10%

12%

USDC*

6%

8%

8%

10%

10%

12%

USDT**

6%

8%

8%

10%

10%

12%

ICX

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

BTC

1.5%

2%

3%

4.5%

4.5%

6.5%

ETH

2.5%

3.5%

3.5%

4.5%

4.5%

5.5%

LTC

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

XRP

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

BCH

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

KNC

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

ALGO

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

ATOM

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

XTZ

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

OMG

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

XLM

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

ADA

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

EOS

0.5%

1.0%

1.0%

2.0%

2.0%

3.0%

BNB

0.5%

1%

1%

2%

2%

3%

BAT

0.5%

1%

1%

2%

2%

3%

LINK

0.5%

1%

1%

2%

2%

3%

MKR

0.5%

1%

1%

2%

2%

3%

PAXG

0.5%

1%

1%

2%

2%

3%

VET

0.5%

1%

1%

2%

2%

3%

ENJ

0.5%

1%

1%

2%

2%

3%

COMP

0.5%

1%

1%

2%

2%

3%

CELR

0.5%

1%

1%

2%

2%

3%

MANA

0.5%

1%

1%

2%

2%

3%

eGLD

0.5%

1%

1%

2%

2%

3%

*PAX/TUSD/USDC are not available for Singapore users.
**USDT is not available for U.S. and Singapore users.

Earn interest from crypto

Without a CRO stake, your yearly interest is reduced. This encourages tokens to stay on the platform.

Thanks to Crypto.com's Flexible Term option you can earn up to 10% interest and have constant access to your crypto. Request a withdrawal at any point during your flexible deposit period and instantly receive your crypto, as well as the interest you've earned.

As a final note, If you have one of the 3 highest tier cards (50,000, 500,000 or 5,000,000 CRO Stake). Your CRO stake will earn CRO Staking Bonuses credited to you weekly. The 50,000 CRO tier receives 16% p.a. on their stake. 500,000 and 5,000,000 CRO tiers receives 18% p.a.

Depositing Crypto In Crypto Earn

Step 1. Open Your App and Navigate to the 'Crypto Earn' Section.
Step 2. Click on the '+' icon in the Top Corner.
Click on the '?' to read more info.

Step 3. Select the Cryptocurrency and Amount You Would Like to Stake.
Step 4. Select the Length of Term You Would Like to Select.
Step 5. Agree to the Crypto Earn Terms.

Step 6. Enter the Desired Amounts and Click Deposit
Step 7. You've Successfully Deposited Crypto Into Crypto Earn. You Will Begin Earning Interest Immediately. In The Crypto Earn Menu You Will Now Find Details on Your Current Term.

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13. How To Use Crypto Credit

Crypto Credit is a fantastic alternative to a Line of Credit. One much safer and easier to obtain.

Crypto Credit allows you to take out a loan paid out in TUSD or PAX, by using each of these cryptocurrencies as collateral. The loan is then immediately available in your Crypto.com Wallet. The loan can then be repaid using the same stable coin in which the deposit was made.

Users decide their own repayment terms within a 12-month period. There is no fixed repayment schedule, no monthly late fees or deadlines, and users have the flexibility to repay any amount, at any time, in the 12 months upon the start of their credit term.

Collateral Health indicates whether your collateral is at risk of being liquidated, based on your current Loan-to-Value (LTV) ratio.

If your Collateral Health reaches the Poor/Critical threshold, a Margin Call will be triggered to notify you to rebalance your loan by depositing additional collateral or make a repayment.

When the LTV goes beyond the 80% threshold, 100% of your collateral will be liquidated.

Crypto Credit incurs 8% APR with a CRO stake of at least 5,000 CRO and 12% APR without CRO Staked.

How to Obtain a Crypto Credit Loan

Step 1. Open Your App and Select 'Crypto Credit'.
Step 2. View the Detailed Information and Select 'Deposit Now'
Step 3. Select the Cryptocurrency You Would Like to Hold as Collateral (BTC, CRO, XRP, ETH, LTC, EOS, XLM)

Step 4. Select the type (TUSD, PAX, USDC or USDT) and Amount of Cryptocurrency Your Would Like to Use as Collateral. You Will Then See the Amount You Will Receive in Credit.
Step 5. Agree to the Terms and Conditions.
Step 6. Confirm the Transaction.

Step 7. You've Deposited Your Crypto and Will Instantly Receive Your Credit.

Making Crypto Credit Payments

Step 1. From the Crypto Credit Homepage, Select 'Pay Balance'.
Step 2. Select How Much You Would Like to Pay Back, or Select Pay Full Amount.
Step 3. Confirm Your Payment.

Step 4. The Amount You've Selected has Been Repaid.

Crypto.com App approved users except citizens and residents of Hong Kong SAR, Singapore, Switzerland, Malta, or the United States of America are able to use Crypto Credit. Efforts are underway to make these products available to these jurisdictions.

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14. Crypto.com Pay

Crypto.com Pay is a revolutionary new payment platform that uses CRO as its native on-chain digital asset. Crypto.com Pay allows users to pay Online using the 'Pay With Crypto.com' button, as well as allowing Physical Merchants to accept cryptocurrency payments using a simple QR code based payment system that can be implemented onto 99% of payment systems by simply inserting a line of code.

Above you can see a video of me using 'Pay With Crypto.com' button on the official Crypto.com store.

May 3, 2019 brought us a first look at how Crypto.com Pay is going to operate for physical merchants. The first of which you will realize is none other than Starbucks.

As you can see in the above video, the process is just as simple, if not even simpler than it's online counterpart. This is of paramount importance. For adoption to be pushed in today's world, payments will need to be easy, secure and provide significant incentive to parties on both sides of the transaction (No fees and cashback).

Buying Gift Cards With CRO and Crypto.com Pay

On June 27, 2019, Crypto.com increased CRO's token utility by allowing users to purchase gift cards using CRO and Crypto.com Pay. This can be accessed by clicking Crypto.com Pay and selecting Gift Cards.

It's simple really. Purchase gift cards using CRO and earn up to 10% cash back in CRO Token.

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15. BG25 Referral Program

Crypto.com offers one of the most beneficial and powerful referral programs you've ever seen.

Crypto.com's BG25 program allows users to gift referees $25 USD as well and receiving $25 USD for their efforts.

To receive your $25 USD bonus, your referee must download the Crypto.com app and stake a minimum of 5,000 CRO for a Premium Crypto.com Visa Card. Upon completion of this task you will receive the above notification and you will both be paid out $25 USD worth of CRO

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16. Useful Links and Social Media Channels

  • Website: www.crypto.com
  • Blog: blog.crypto.com
  • Twitter: www.twitter.com/cryptocom
  • Telegram: www.t.me/CryptoComOfficial
  • Telegram Announcements Channel: www.t.me/CryptoComOfficialAnnouncements
  • Telegram Korea: www.t.me/CryptoCom_Korea
  • Reddit: www.reddit.com/r/Crypto_com
  • Facebook: www.facebook.com/CryptoComOfficial
  • LinkedIn: www.linkedin.com/company/cryptocom
  • Instagram: www.instagram.com/cryptocomofficial
  • Discord: www.discord.gg/nsp9JTC

There are many reasons why thousands of customers use Binance exchange to buy Bitcoin and altcoins such as Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). The easy-to-use interface and straightforward options for depositing/withdrawing money are just some of them. While the exact opinions are subject to individual experience, we can say something about crypto trading on Binance.com.

You need not be a rocket scientist to deposit and withdraw money from Binance account, especially when you want to get your crypto investments back in another crypto token or fiat money. Despite the simplicity of the UI, however, you may have some doubts about the money withdrawal process. The cryptocurrency exchange also offers its native coin (BNB).

In this article, we have covered some of the common questions you may have about Binance.com and the process we have to follow to withdraw money. As is the case with any other tutorial, we will start with a step-by-step guide on how to do that.

How To Withdraw Money From Crypto Com

Without a CRO stake, your yearly interest is reduced. This encourages tokens to stay on the platform.

Thanks to Crypto.com's Flexible Term option you can earn up to 10% interest and have constant access to your crypto. Request a withdrawal at any point during your flexible deposit period and instantly receive your crypto, as well as the interest you've earned.

As a final note, If you have one of the 3 highest tier cards (50,000, 500,000 or 5,000,000 CRO Stake). Your CRO stake will earn CRO Staking Bonuses credited to you weekly. The 50,000 CRO tier receives 16% p.a. on their stake. 500,000 and 5,000,000 CRO tiers receives 18% p.a.

Depositing Crypto In Crypto Earn

Step 1. Open Your App and Navigate to the 'Crypto Earn' Section.
Step 2. Click on the '+' icon in the Top Corner.
Click on the '?' to read more info.

Step 3. Select the Cryptocurrency and Amount You Would Like to Stake.
Step 4. Select the Length of Term You Would Like to Select.
Step 5. Agree to the Crypto Earn Terms.

Step 6. Enter the Desired Amounts and Click Deposit
Step 7. You've Successfully Deposited Crypto Into Crypto Earn. You Will Begin Earning Interest Immediately. In The Crypto Earn Menu You Will Now Find Details on Your Current Term.

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13. How To Use Crypto Credit

Crypto Credit is a fantastic alternative to a Line of Credit. One much safer and easier to obtain.

Crypto Credit allows you to take out a loan paid out in TUSD or PAX, by using each of these cryptocurrencies as collateral. The loan is then immediately available in your Crypto.com Wallet. The loan can then be repaid using the same stable coin in which the deposit was made.

Users decide their own repayment terms within a 12-month period. There is no fixed repayment schedule, no monthly late fees or deadlines, and users have the flexibility to repay any amount, at any time, in the 12 months upon the start of their credit term.

Collateral Health indicates whether your collateral is at risk of being liquidated, based on your current Loan-to-Value (LTV) ratio.

If your Collateral Health reaches the Poor/Critical threshold, a Margin Call will be triggered to notify you to rebalance your loan by depositing additional collateral or make a repayment.

When the LTV goes beyond the 80% threshold, 100% of your collateral will be liquidated.

Crypto Credit incurs 8% APR with a CRO stake of at least 5,000 CRO and 12% APR without CRO Staked.

How to Obtain a Crypto Credit Loan

Step 1. Open Your App and Select 'Crypto Credit'.
Step 2. View the Detailed Information and Select 'Deposit Now'
Step 3. Select the Cryptocurrency You Would Like to Hold as Collateral (BTC, CRO, XRP, ETH, LTC, EOS, XLM)

Step 4. Select the type (TUSD, PAX, USDC or USDT) and Amount of Cryptocurrency Your Would Like to Use as Collateral. You Will Then See the Amount You Will Receive in Credit.
Step 5. Agree to the Terms and Conditions.
Step 6. Confirm the Transaction.

Step 7. You've Deposited Your Crypto and Will Instantly Receive Your Credit.

Making Crypto Credit Payments

Step 1. From the Crypto Credit Homepage, Select 'Pay Balance'.
Step 2. Select How Much You Would Like to Pay Back, or Select Pay Full Amount.
Step 3. Confirm Your Payment.

Step 4. The Amount You've Selected has Been Repaid.

Crypto.com App approved users except citizens and residents of Hong Kong SAR, Singapore, Switzerland, Malta, or the United States of America are able to use Crypto Credit. Efforts are underway to make these products available to these jurisdictions.

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14. Crypto.com Pay

Crypto.com Pay is a revolutionary new payment platform that uses CRO as its native on-chain digital asset. Crypto.com Pay allows users to pay Online using the 'Pay With Crypto.com' button, as well as allowing Physical Merchants to accept cryptocurrency payments using a simple QR code based payment system that can be implemented onto 99% of payment systems by simply inserting a line of code.

Above you can see a video of me using 'Pay With Crypto.com' button on the official Crypto.com store.

May 3, 2019 brought us a first look at how Crypto.com Pay is going to operate for physical merchants. The first of which you will realize is none other than Starbucks.

As you can see in the above video, the process is just as simple, if not even simpler than it's online counterpart. This is of paramount importance. For adoption to be pushed in today's world, payments will need to be easy, secure and provide significant incentive to parties on both sides of the transaction (No fees and cashback).

Buying Gift Cards With CRO and Crypto.com Pay

On June 27, 2019, Crypto.com increased CRO's token utility by allowing users to purchase gift cards using CRO and Crypto.com Pay. This can be accessed by clicking Crypto.com Pay and selecting Gift Cards.

It's simple really. Purchase gift cards using CRO and earn up to 10% cash back in CRO Token.

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15. BG25 Referral Program

Crypto.com offers one of the most beneficial and powerful referral programs you've ever seen.

Crypto.com's BG25 program allows users to gift referees $25 USD as well and receiving $25 USD for their efforts.

To receive your $25 USD bonus, your referee must download the Crypto.com app and stake a minimum of 5,000 CRO for a Premium Crypto.com Visa Card. Upon completion of this task you will receive the above notification and you will both be paid out $25 USD worth of CRO

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16. Useful Links and Social Media Channels

  • Website: www.crypto.com
  • Blog: blog.crypto.com
  • Twitter: www.twitter.com/cryptocom
  • Telegram: www.t.me/CryptoComOfficial
  • Telegram Announcements Channel: www.t.me/CryptoComOfficialAnnouncements
  • Telegram Korea: www.t.me/CryptoCom_Korea
  • Reddit: www.reddit.com/r/Crypto_com
  • Facebook: www.facebook.com/CryptoComOfficial
  • LinkedIn: www.linkedin.com/company/cryptocom
  • Instagram: www.instagram.com/cryptocomofficial
  • Discord: www.discord.gg/nsp9JTC

There are many reasons why thousands of customers use Binance exchange to buy Bitcoin and altcoins such as Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). The easy-to-use interface and straightforward options for depositing/withdrawing money are just some of them. While the exact opinions are subject to individual experience, we can say something about crypto trading on Binance.com.

You need not be a rocket scientist to deposit and withdraw money from Binance account, especially when you want to get your crypto investments back in another crypto token or fiat money. Despite the simplicity of the UI, however, you may have some doubts about the money withdrawal process. The cryptocurrency exchange also offers its native coin (BNB).

In this article, we have covered some of the common questions you may have about Binance.com and the process we have to follow to withdraw money. As is the case with any other tutorial, we will start with a step-by-step guide on how to do that.

Step By Step Guide On How To Withdraw Money From Binance

You have to follow the steps given below to withdraw the amount you have invested on any cryptocurrency token supported by the crypto exchange.

Step 1 – Depending on whether you are using the mobile app or the official app, you have to click on the link named ‘Withdraw.' In either case, you will be redirected to the official webpage. Therefore, we recommend doing this from your computer itself.

Step 2 – On the next page, you will see a fully-fledged crypto withdrawal interface on the screen. On the left, you will see an option to select the cryptocurrency that you want to withdraw. Once you have chosen the coin from the dropdown menu, you can see the currency's total and available balance.

Step 3 – In this step, you can input the amount of cryptocurrency you want to withdraw and deposit address where you want to withdraw it. Depending on the place you withdraw money to, you may have to follow some verification procedure.

For example, if you want to withdraw the money to a trusted wallet, you will have to go through a series of verifications. Even after this, you will be asked to verify the transaction ID (txid). At this time, Binance will also show you the transaction fee and how much you will get on the target account.

Step 4 – At this stage, you will be asked to enter a two-factor authentication code sent through Google Authenticator. Once you have provided this, it will send an anti-phishing code to the registered email address. You would be able to finish the transaction only after you have provided this code.

Step 5 – You have to click on the button called ‘Confirm Withdraw' to finalize the process. It will now start to process your withdrawal request, which may take a specific amount of time depending on your chosen target account.

After this point, you can track your withdrawal request status by going to the Withdrawals page on its website. For additional details, you have to click on the transaction ID, which will show you everything about the said transaction.

So, this is how you withdraw cryptocurrency to a trust wallet. As we said, various aspects of this process depend on the token you want to withdraw, the network you have chosen, the wallet you use, and where you withdraw the money.

How Long Does It Take To Withdraw From Binance?

It is practically impossible to state a specific figure when it comes to withdrawing crypto. It is because the platform, like many others, relies on the blockchain network and other third-party wallets. As a result, any amount of coins you withdraw from Binance to another crypto ID address would take up to Thirty Minutes.

Now, keep in mind that 30 minutes is the figure for when the network functions with regular traffic. If there is unusual traffic and the crypto network is busy, you might have to wait for up to a few hours until you see the amount deposited in the target wallet. Again, the target network also plays a role.

If you want to conclude a figure, we will say you should wait anywhere between 30 minutes and 2 hours before raising transaction-related complaints.

Withdrawal Methods on Binance

Because Binance happens to be one of the biggest cryptocurrency exchanges to this day, it supports different withdrawal methods. We will now take a look at some of the standard ways a user can avail of.

How to Transfer Money from Binance to Bank Account

Just like you transferred money from your wallet to a trusted account, you can transfer money from your wallet to your bank account as well. However, there are a few changes in the procedure. When the site asks you to enter the destination account details, you have to provide the correct bank account details. There may also be an option to set up the bank account beforehand.

By the way, the exchange allows you to withdraw the money to your credit card or debit card, as well. As you can guess, the withdrawal fees would change depending on the method and digital currency in question. Once you have provided details on how much you want to withdraw in terms of fiat money, it would process your request. It may take up to a few minutes, though.

Similarly, depending on the bank account and the fiat currency you have chosen, the bank account's withdrawal will take up to a few business days. You will have to stay patient during this time. It would be best if you kept in mind that the exchange has internal limits concerning how much you can withdraw to a bank account. We will talk about those later.

USD/CAD/AUD

Binance allows you to withdraw money into currencies such as the United States Dollar (USD), Canadian Dollar (CAD), and Australian Dollar (AUD). Because these currencies are popular and widely supported across the platform, you will face absolutely no problem getting the amount moved to your account.

For instance, if you want to withdraw the United States Dollar, you have a few options to choose from. You can choose between Wire Transfer and ACH as per your convenience. In the case of ACH, you will have to verify the ACH first. Because USD is such an accepted fiat currency, you have better options here.

At the same time, it does not mean that you will have problems with CAD or AUD. You can choose the currency you want to withdraw from the Accounts section, and the rest is easy. You should note that the withdrawal fees depend on many factors and between $1 and $15.

Nevertheless, since it is fairly transparent regarding conversion and trading fees, you will know about all numbers before you hit the Confirm button. Meanwhile, you have to make sure that you enter the correct bank account/secure wallet ID.

Limitations (How Much Can I Withdraw from Binance?)

It follows a simple structure when it comes to the withdrawal limits. However, the withdrawal limit also depends on the level of your account. For instance, if you have a Level 1 verified account, you will be able to withdraw up to 2 Bitcoins within a 24-hour window. On the other hand, if you have upgraded to a Level 2 Verified account, you can increase the limit to a whopping 100BTC within the same time window.

The limits when it comes to bank transfer and SEPA depends on your account status. For instance, let's talk about withdrawing money using the Euro. For using SEPA, you will have to conform to a daily limit of € 50,000, a monthly limit of € 500,000, and a per-transaction limit of € 20 to 15000. You also have to pay a withdrawal fee of € 1 for every transaction.

Similarly, when it comes to withdrawals in GBP via FPS, you have a daily limit of £50,000 and a monthly limit of £500,000that you have to follow. There are also per-transaction limits like the ones we saw in the case of the Euro. In terms of fees, though, a GBP bank transfer will cost you £1.95 per transaction.

However, if you are dealing with USD, the withdrawal limits are a little different. You can withdraw up to a whopping $7,500,000 using the wire transfer method to a bank account. While it does not charge you anything, your bank may charge you something.

It may require you to complete different levels of verifications to avail of these limits, though. When it comes to the Euro currency, you need to undergo the identity verification process to raise the daily limits to 500 Euros.

Comparing Two Methods: Cryptocurrency vs Fiat Currency Withdrawal

Now, let's have a quick look at which is the better way to withdraw your investments from Binance: cryptocurrency transfer or fiat currency withdrawal.

As you can see, when talking in terms of Bitcoin, there are usually some limits on how much you can withdraw within a 24-hour window. You can withdraw up to 100 Bitcoins to a different wallet by paying one of the industry's lowest transaction fees. It makes sure that the withdrawal fees are constant. As of December 2020, the BTC withdrawal fees are 0.0004BTC, while ETH withdrawal fees are 0.003 ETH.

On the other hand, if you withdraw your money to a bank account, the transaction fees charged by the exchange varies according to the fiat currency you choose. For instance, while doing a bank transfer via GPB, you got to pay only a simple amount like 1.95GBP per transaction. On the other hand, if you perform a wire transfer for the USD you have, there is absolutely no need to pay anything. Of course, you have to pay some fees to the bank. The maximum limit of these transactions is $7,500,000, which is enormous.

Therefore, if you are dealing with currencies like USD or GBP, it makes sense to withdraw fiat currency. You get to enjoy higher withdrawal limits and lower transaction fees.

Can You Withdraw From Binance To Coinbase?

How To Withdraw Money From Crypto.com To My Bank Account

Yes. You can withdraw your cryptocurrency from Binance to Coinbase.

You just got to provide the wallet ID that you can see on the Coinbase withdrawal page on Binance. We recommend that you copy the wallet ID from Coinbase and paste the same on the Binance withdrawal form to avoid making any mistakes.

How To Withdraw Money From Cryptotab

Now, you can proceed with the withdrawal. Depending on the crypto token that you are trying to withdraw, the network may make you wait for a few minutes or a few hours. However, if you think you can avail yourself some extra profits by moving to Coinbase, this wait may be worth it.





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