If you are selling crypto, it doesn’t need to be complicated. Crypto.com makes it easy to convert your digital assets into cash or another cryptocurrency. Do you want to cash out your profits or switch to a different coin? If so, understanding how to sell crypto on Crypto.com is important.
In this guide, we will walk you through the steps to sell crypto. You’ll learn how to navigate the platform, avoid common mistakes, and make sure your funds are transferred securely. Ready to start?
Let’s dive in and break down the process step by step.
So—understanding The Crypto.com Selling Process
You can see—selling crypto on Crypto.com is easy. First, log into your account. Go to the ‘Trade’ tab at the top. You’ll see a list of cryptocurrencies. Pick the one you want to sell.
Next, click on ‘Sell’. The platform will ask how much you want to sell. It will also ask which currency you want to receive. You can choose fiat or another cryptocurrency.
After confirming the details, click ‘Sell’. The transaction will be processed. It’s quick and straightforward.
Do you wonder what happens after the sale? Let’s explore the next step.
Relevant Read: How to Trade Cryptocurrency?
So How to Sell Crypto on Crypto.com?
It’s simple but requires you to follow a strategic process:
- Log into Your Account
You should start by opening the Crypto.com app or website. Log into your account using your credentials. Ensure that your account is secure with two-factor authentication if enabled. - Navigate to the ‘Trade’ Section
Once you’re logged in, look for the ‘Trade’ tab at the top of the homepage. Tap or click on it to open your trading options. - Select the Cryptocurrency to Sell
In the ‘Trade’ section, you’ll see a list of all the cryptocurrencies you own. Find the one you want to sell and click on it. For example, if you want to sell Bitcoin, click on the Bitcoin listing. - Click the ‘Sell’ Button
After selecting the cryptocurrency, look for the ‘Sell’ button and click on it. This will prompt you to enter the amount you want to sell. - Enter the Amount to Sell
Enter how much of the cryptocurrency you want to sell. You can choose a specific amount or sell all of it. Be sure to double-check the quantity before proceeding. - Select the Currency to Receive
Next, choose the currency you’d like to receive in exchange for your crypto. Crypto.com offers several options, which include fiat currencies like USD, EUR, or stablecoins like USDT. Select your preferred option. - Review and Confirm Your Order
The platform will show you a summary of your transaction. Double-check the details, which include the amount of crypto you’re selling and the currency you’re receiving. Ensure that the numbers are correct. - Complete the Sale
Once you have reviewed your transaction, hit the ‘Sell’ button again to confirm. The platform will process your order, and your funds will be credited to your Crypto.com account. - Check Your Wallet
After your transaction is complete, you can visit your wallet to check your balance. The funds should appear under your selected currency. You should know how to create a secure crypto wallet for secure and safe transactions.
Go ahead and see if crypto.com is really quick and efficient or what.
How to Withdraw Funds After Selling Crypto?
Once you sell your crypto, the next step is withdrawing your funds. Here’s a simple process to guide you.
- Go to the ‘Wallet’ Tab
After your sale, navigate to the ‘Wallet’ tab. Your funds will appear here. It’s the section where you store all your crypto and fiat balances. - Select Your Currency
Find the currency you just sold. Tap on it to access your withdrawal options. You can withdraw either to your bank account or external wallet. - Click ‘Withdraw’
You’ll see a ‘Withdraw’ button. Press it to start the withdrawal process. This will lead you to the next step, where you’ll select where to send your funds. - Enter Withdrawal Details
Now, you’ll need to provide the withdrawal details. If you’re sending funds to a bank, enter your bank information. If you’re using a wallet, input your wallet address. - Verify the Information
Make sure all your details are correct. Double-check your withdrawal amount and the destination information. A small mistake here can lead to delays or errors. - Confirm the Withdrawal
Once everything looks good, hit ‘Confirm.’ Crypto.com will process the withdrawal. Expect a confirmation email when the transaction is successful. - Wait for Processing
Bank transfers might take a few days, but crypto withdrawals are usually faster. Be patient as your funds make their way to the destination.
Have you completed a withdrawal before? It’s simple once you get the hang of it.
Crypto.com Fees and Withdrawal Limits
Fee Type | Details |
Transaction Fees | Varies based on the type of transaction and currency. Always check the platform’s fee structure. |
Withdrawal Fees | It depends on the currency being withdrawn. Crypto withdrawals have a fixed fee; bank withdrawals may incur additional charges. |
Withdrawal Limits | Limits vary based on account verification level. Unverified accounts have lower limits. Verified accounts enjoy higher limits. |
Fee Calculation | Fees may be adjusted based on network congestion and the withdrawal amount. Check real-time fees before the transaction. |
How to Check Fees and Limits | You should check the app for up-to-date fees and withdrawal limits by going to the account settings or withdrawal page. |
Common Issues and Troubleshooting Tips
Things may not always go smoothly when using crypto.com. Don’t worry. Most problems are easy to fix. Transaction delays can happen. You should check the network status first. High congestion can cause slow processing. Visit crypto.com’s status page to see if there are any ongoing issues.
If your withdrawal doesn’t show in your wallet, wait up to 24 hours. Sometimes withdrawals take time to process. Monitor your transaction status in the ‘Withdrawals’ tab. Have you ever entered the wrong withdrawal address? Double-check the details before confirming. A mistake here could lead to lost funds. If you do make a mistake, cancel the transaction if possible. Then, re-enter the correct information.
Sometimes, users notice higher-than-expected fees. Crypto.com’s fees change depending on the transaction type and currency. You should check the fee schedule ahead of time. If the fees seem too high, consider adjusting your withdrawal method or switching networks.
Verification issues can pop up. Review the documentation you’ve provided. Make sure everything matches the required details. Is the app or website not loading? Start by checking your internet connection. Restart your device or reinstall the app. Make sure your app is updated to the latest version.
Lastly, if you can’t sell or withdraw funds, there might be account restrictions. Review your account settings. If needed, contact customer support to resolve the issue. You can see—these tips will help you troubleshoot and fix common issues on Crypto.com. Have you run into any of these problems? Let us know, and we’ll assist you.
Conclusion
Selling crypto on crypto.com is straightforward. Follow the simple steps, and you’ll be done in no time. You should also check your transaction fees and withdrawal limits before proceeding. Make sure you are aware of any common issues that could arise, like transaction delays or incorrect withdrawal details.
So, in the end, selling on crypto.com is a smooth process once you know what to do. You should stay informed, check your details, and you’ll avoid unnecessary hassles.