Cashing out your crypto on Crypto.com is straightforward, whether transferring funds to your bank account, moving assets to an external wallet, or spending directly with the Crypto.com Visa Card. Here’s how to do it securely and efficiently in 2025.
KEY TAKEAWAYS
➤ Crypto.com offers multiple options to cash out, including fiat withdrawal, crypto-to-crypto swaps, and external wallet transfers.
➤ Users must navigate through the Accounts tab and select the desired method and asset to initiate the withdrawal process.
➤ Crypto.com is a regulated, feature-rich exchange with over 400 cryptocurrencies and services like the Crypto.com Visa Card, DeFi access, and staking.
➤ Staying safe involves verifying wallet addresses, enabling 2FA, avoiding impersonators, and limiting personal data exposure on centralized platforms.
How to cash out on Crypto.com: Step-by-step
To cash out on Crypto.com, in brief, do the following:
- Decide on the cash out method (via crypto, fiat, or to personal wallet).
- Go to accounts.
- Select the crypto and the amount, then withdraw.
For a more detailed explanation, follow the instructions below.
Crypto.com gives you multiple options to withdraw and cash out your cryptocurrency, including withdrawing to fiat, exchanging for crypto, and withdrawing to your wallet.
Option 1: Withdraw fiat to your bank account
1. Go to the Crypto.com website: You can begin cashing out on your desktop or through the mobile application.
2. Navigate to Accounts: There are multiple ways to sell crypto on Crypto.com’s application. You can either press Sell on the homepage of your profile or go to Accounts.
3. Select Solana to sell: Select the cryptocurrency you wish to sell (in this case, Solana). Press Sell to move on to the next step.
4. Select a cash-out method: Tap Sell, then choose Cash and select your fiat wallet (e.g., USD Account) as the destination.
Option 2: Withdraw crypto to crypto
1. Open the Crypto.com app: Open the Crypto.com mobile application and log in.
2. Select the Accounts tab: At the bottom of the screen, press on the image of a wallet to select the Accounts tab. Select Crypto to proceed to the next step.
3. Select the crypto account: Pick which cryptocurrency you want to sell. For this guide, we have selected Solana.
4. Press the Sell option: After you have chosen your cryptocurrency, select Sell.
5. Select the crypto to exchange: Once you reach the following page, the default option should be to cash out to another cryptocurrency. If this is not the case, select Crypto, choose the crypto you want to receive, and press the sell button to complete your order.
Option 3: Transfer crypto to an external wallet
1. Navigate to Accounts: Go to the Accounts page and find the crypto you want to withdraw. Press the Withdraw option to proceed.
2. Whitelist an address: You must add an address before you can withdraw your crypto. Press Add Now to whitelist an address.
3. Enter your wallet address details: Enter the details of your wallet address. This includes the network, the actual address, and a name to distinguish each address (as you can add multiple addresses).
4. Verify the address: Press “Yes, I trust this address” to continue.
5. Activate an authentication method: To whitelist your address, you will need to activate a second authentication method. You can use a passkey or activate 2FA. For this guide, we will use 2FA.
6. Withdraw your crypto: After successfully whitelisting your wallet address, select your wallet and press Withdraw to transfer your crypto.
What is Crypto.com?
Crypto.com is a cryptocurrency platform based in Singapore. Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo originally launched Crypto.com in 2016 as Monaco but later rebranded it in 2018 after acquiring the domain name from Matt Blaze (a cryptography researcher).
Crypto.com has since become extremely popular and is one of the top exchanges in the industry by trading volume, serving over 140 million users worldwide. It hosts a suite of features, including:
- Over 400 cryptocurrencies, including BTC, ETH, and its native token, CRO.
- A Crypto.com Visa card with cashback rewards paid in crypto.
- CFTC-regulated crypto options and derivatives.
- Stocks, prediction markets, and sports betting.
- Integration with DeFi services and an NFT marketplace.
Additionally, users can access earn features that pays rates comparable to a savings account via staking and earning interest on crypto holdings.
Crypto.com has made significant strides in regulatory compliance, obtaining licenses and approvals in various jurisdictions, including the United States, the United Kingdom, and the European Union. These include an MSB license in the U.S., a VASP registration in the European Union and the U.K., and a MiCA license in Malta.
How to stay safe when cashing out
While Crypto.com offers a straightforward process for cashing out on the platform, you must exercise caution when withdrawing. Despite the security measures in place for exchanges like Crypto.com, crypto users still face significant challenges dealing with scams, account compromises, pig butchering, and social engineering.
The reality of solving problems in crypto security is like playing whack-a-mole. Threat actors are resilient; once you solve one problem, they find another vulnerability. Here are a few tips to help you stay safe.
- Never give away your password, seed phrase, or private keys under any circumstances. Whether you use a wallet service or an exchange, customer support will not ask for these details.
- Always double-check your full wallet address before sending, use a QR code whenever possible, and avoid copying addresses from transaction history.
- Remain cautious of support agents claiming unauthorized access or suspicious withdrawals from your account. These scammers often create a sense of urgency by pressuring you to act quickly.
- Whitelist your personal wallet addresses. Do not whitelist any addresses suggested by support agents. This will give scammers access to your funds.
- Avoid downloading suspicious/malicious software, which a threat actor may deem necessary to help troubleshoot any problems you are experiencing.
Unfortunately, you cannot completely avoid the risk of insider data breaches, as your personal information is stored on centralized platforms. Not all exchanges adopt zero-trust principles. Therefore, it is important to withdraw your crypto as much as possible, segregate your wallets by activity, and limit your exposure to web2 security vulnerabilities.
Exit smart, stay safe
Cashing out on Crypto.com is extremely flexible. Whether you’re selling for fiat, converting to another crypto, or transferring to a personal wallet, the platform makes it extremely easy. However, with the rise of scams and insider threats, security must remain your top priority. Always verify your withdrawal destinations, enable strong authentication, and be skeptical of unsolicited support communications.
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