Selling Crypto On Crypto.com Exchange (2023) Crypto.com is a cryptocurrency exchange which offers a variety of services, including selling, trading, staking, wallets, and NFTs.This exchange provides more than 250 various cryptocurrencies, affordable fees, and discounts for those who own a sizable amount of CRO, the native currency of Crypto.com. Pejman Zwin Author Hannah Jones Editor 7 min read Published: March 07, 2023 Views: 80Content How To Sell Crypto On Crypto.com For Cash How To Withdraw USD From Crypto.com FAQsFor those who want to do a lot with their coins, its ecosystem of crypto-related items may make it a good alternative. Around the world today, it’s easy to find a long list of crypto exchanges which are legitimate and carry out the customers’ needs easily and quickly. However, these exchanges do not provide services to every region worldwide.This is because cryptocurrency is still considered a relatively new financial market, and governments are still grappling with how to regulate it. This has led to the popularity of cryptocurrency exchanges aiming to fulfill different customers’ needs according to where they are located and what their goals are.Crypto.com is one of the more favored crypto exchanges that people use. What do customers like about it? Recently, I researched Crypto.com Exchange: Everything you need to know (2023), and I came across a feature that piqued my interest.On Crypto.com, like other competitive platforms, you can exchange your crypto for fiat cash directly, and vice versa. That is why I decided to exclusively discuss this feature with you and walk you through the process.How To Sell Crypto On Crypto.com For Cash Crypto.com allows users to sell their assets if they so choose. The user-friendly interface of the Crypto.com app makes it simple to perform any exchange. Both Android and iOS users can download the app.Crypto.com is an easy-to-use platform with an app that gives you quick access. According to the team behind Crypto.com, you do not necessarily need to use the website; the app can satisfy your needs.First and foremost, you need to sign up for an account on Crypto.com and go through the Know Your Customer (KYC) process. After that, you must set up a USD fiat wallet carefully.You can read about different currency setups and follow their respective processes, but for the sake of this article, I will use the USD currency as an example use case. The setup process, if done correctly, will take 1 or 2 business days or otherwise up to 7 days.That’s because your fiat wallet must first be connected to your bank account. Once your fiat wallet is approved, you will be notified through email. You can find the “Accounts” button on the bottom, the second one from the left, as you can see below in the example image.Then, there is a pop-up. Choose the “Fiat Wallet” option. Once you do that, you can find “Sell Crypto” on your screen and select it. Next, choose the cryptocurrency you’d like to convert to fiat from the list of your crypto assets.On the “sell” screen, you can tap the amount field, and the app will suggest the minimum and maximum amount that you can sell and enter your desired amount. Now, select the “Cash” option, and you will see the confirmation window showing the actual live value of the cryptocurrency to fiat for 15 seconds.You must pay attention to this window as it informs you of the amount you will receive in fiat money for the current crypto price. With these simple steps, you can sell your crypto asset for fiat cash.Further reading Coinmama Review - Pitfalls to Know Before Trading MetaTrader 4 Review: A Free Comprehensive Trading Platform for Experts and Novices HYCM (HENYEP MARKETS) — AN OVERVIEW OF THE TRADING PLATFORM Binomo Review 2023: Is It Worth a Try? Gerchik & Co - overview of forex trading platform What Is Swap (XWP) And Why You Should Invest In ItHow To Withdraw USD From Crypto.com For US citizens, bank transactions through the National Automated Clearing House (ACH) Network are relatively cheap to transfer money from their bank account into the Crypto.com app and vice versa.Users of the Crypto.com app are not permitted to make transactions, withdrawals, or pay bills using their Crypto.com routing and account IDs. The Crypto.com app is required for all outgoing transactions, account logins, and requests for bank statements.When you sell your crypto asset for fiat money, it stays in your “Fiat Wallet” on the Crypto.com app. As a result, you need to take a few more steps to submit a withdrawal request before receiving the money in your bank account.After successfully setting up your USD fiat wallet on Crypto.com and selling your crypto asset for fiat cash, go to “Fiat Wallet” from the “Accounts” menu. Next, tap “Transfer” and “Withdraw” and then choose the currency that you want — in this case, USD. Furthermore, you need to tap on your USD balance, enter the amount you want to withdraw, and then “Withdraw USD,” as shown below.Now, choose your bank, then sign in using your online account information. The bank account will be accessible for withdrawal once successfully added.After that, carefully review the withdrawal details, like the amount and the chosen bank account, and tap “Confirm” to process it. It should be noted that Two-Factor Authentication (2FA) is not required for USD withdrawals. However, if you have already activated 2FA, the app will ask for the code when withdrawing.A green window will pop up to notify you that your USD withdrawal request has been submitted and is being processed. When the process is complete, the withdrawal request status will be updated, as shown below.For ease of use, in the table below, which is directly from Crypto.com’s website, you can see the details of ACH and wire transfers and compare them to decide which way of transfer is best suited for you.After you go through these steps, you will receive your cash in your bank account.Further reading Admiral Markets - Overview & Customer Ratings of the Broker OANDA - Everything You Need to Know Before You Trade RingoTrade - trade binary options in Kyrgyzstan InstaForex - Forex Trading, Forex Options, & CFD Platform IronFx - trading platform overview How to Read Candlestick Charts? (The Battle of 2 Species) FAQsHow to sell crypto on Crypto.com for cash?Go to the Crypto.com appGo to “Accounts”Choose “Fiat Wallet”Choose “Sell Crypto”Choose the cryptocurrency you want to sell for fiat.Choose the “cash” option.You can input the amount you want to change on the Sell screen.For 15 seconds, a validation box will display the coin’s real, current value in fiat money.How to sell crypto on Crypto.com and transfer it to a bank?Do the steps said above to sell crypto for fiat and then follow these steps:Go to “Fiat Wallet” from the “Accounts” menu. Tap “Transfer” > “Withdraw” > “USD”.Tap on your USD balance and Withdraw USD.Tap “Add Bank Account” or select the preferred bank account if it has already been added.Review the USD withdrawal details and confirm to have it processedHow much does it cost to sell crypto on Crypto.com?Maker-taker fees for Crypto.com differ according to your 30-day trading volume: $0 to $25,000: 0.40% maker, 0.40% taker. $25,001 to $50,000: 0.35% maker, 0.35% taker. $50,001 to $100,000: 0.15% maker, 0.25% taker.How long will it take for the withdrawn money to be received in my American bank account?It will take 3 to 5 business days. After Crypto.com’s internal evaluation, they will send you emails and push notifications to let you know.What are the fees for withdrawing USD from my Fiat Wallet to my bank account?Currently, no fees are associated with processing USD transactions from the app.What are the withdrawal limits of fiat cash on Crypto.com?100 US dollars is the minimum transfer threshold per requestDaily maximum withdrawal cap of 100,000 US dollarsFive withdrawal requests can be made in a day, at most30-day rolling monthly withdrawal cap of 500,000 US dollars30 withdrawal requests are the monthly limitConclusionAnd there you have it! I wanted to share with you the process of selling crypto for fiat cash on Crypto.com and withdrawing it. As I said earlier, I used the USD as an example for the process, but you can see the other currencies’ process for yourself. It is basically the same process with a few different steps.Even so, I am a crypto enthusiast and prefer my assets to stay as crypto. As Voltaire said: “Paper money eventually returns to its intrinsic value: zero.” Cryptocurrency, on the other hand, maintains its value because of its decentralized nature. Due to that, I keep my assets as crypto in my crypto wallets.That is my personal preference, and you can do as you wish. Besides, Crypto.com has available features such as crypto wallets and fiat wallets for your convenience. You can choose whichever method you desire to keep your assets. On that note, you can read Bitcoin: A History Revisit (2023) to know why crypto is the future of money.Further reading Reviews DARWINEX IS A WARM CORNER FOR INDEPENDENT TRADERS AND INVESTORS City Index: Review & Trader Feedback of the UK Platform Markets.com Reviews 2023: Is it The Most User-Friendly Trading Platform? Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage Binarium Review and Feedback on the Binary Options Broker