How to Transfer Crypto to Fiat on Crypto.com

Transferring cryptocurrency to fiat currency on Crypto.com involves several steps. Here's a comprehensive guide to help you through the process:

  1. Log In to Your Crypto.com Account: Start by opening the Crypto.com app or website and logging in with your credentials.

  2. Verify Your Identity: Ensure your identity verification is complete. This is crucial as Crypto.com requires identity verification before you can withdraw fiat.

  3. Link Your Bank Account: Navigate to the "Accounts" section and link your bank account. This allows you to transfer fiat money to and from your Crypto.com account.

  4. Sell Your Cryptocurrency: Go to the "Crypto" section and select the cryptocurrency you wish to convert. Choose "Sell" and specify the amount. Review the transaction details and confirm.

  5. Transfer to Fiat Wallet: Once the sale is complete, the funds will be in your Crypto.com fiat wallet. You can then proceed to withdraw the funds to your linked bank account.

  6. Withdraw Funds: Go to the "Fiat Wallet" section, select "Withdraw," and enter the amount you wish to transfer. Follow the prompts to complete the withdrawal to your bank account.

  7. Check Transaction Status: Monitor the transaction status to ensure the funds are successfully transferred. Depending on your bank, this might take a few business days.

  8. Fees and Limits: Be aware of any transaction fees and withdrawal limits that may apply. Review Crypto.com’s fee structure for detailed information.

By following these steps, you can efficiently convert and transfer your cryptocurrency to fiat on Crypto.com. Make sure to review all details and comply with any additional requirements or regulations that may apply.

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