Crypto.com has solidified its position as a leading platform for cryptocurrency transactions, serving over 70 million users worldwide. This guide provides a detailed walkthrough for selling crypto assets and withdrawing fiat funds efficiently.
Why Crypto.com Stands Out
Platform Growth Metrics
- User Base: Expanded by 3400% since 2021
- CRO Token Performance: Increased 650% in 18 months
- Trading Volume: 1500% YoY growth (2021–2022)
Integrated Services
- Crypto.com Visa Card: Processes over $1 billion annually
- DeFi Wallet: $203 billion in 2022 DEX trading volume
- NFT Marketplace: $722 million in transactions (2022)
👉 Explore Crypto.com’s features
Step-by-Step Process to Sell Crypto
Step 1: Set Up a Fiat Wallet
- Open the Crypto.com app → Navigate to "Accounts" → Select "Fiat Wallet"
- Complete identity verification (if prompted)
- Link a bank account for deposits/withdrawals
Fiat Wallet Adoption
| Year | Wallets Created |
|------|-----------------|
| 2021 | 12 million |
| 2022 | 37 million (+208%) |
Step 2: Initiate a Sell Order
- Tap "Trade" → Select "Sell"
- Choose cryptocurrency (e.g., BTC, ETH) from the list of 200+ supported assets
Top Traded Cryptos
| Rank | Asset | Market Share |
|------|-------|--------------|
| 1 | BTC | 23% |
| 2 | USDT | 21% |
| 3 | ETH | 12% |
Step 3: Confirm Transaction Details
- Verify source wallet and fiat destination
- Enter amount (crypto quantity or fiat equivalent)
- Review fees and exchange rates
Step 4: Complete Security Checks
- Use Google Authenticator for 2FA (recommended over SMS)
- Enter the code to finalize the transaction
Step 5: Withdraw Fiat Funds
Withdrawal Options
| Method | Speed | Fees |
|--------------|------------|-------|
| Bank Transfer | 1–3 days | Low |
| Wire Transfer | <24 hours | Medium |
| Debit Card | Instant | High |
FAQs
How long do fiat withdrawals take?
Bank transfers typically process within 1–3 business days, while debit card withdrawals are instant.
Can I sell crypto directly to USD?
Yes. Avoid intermediate stablecoin conversions (e.g., BTC → USDT → USD) to minimize fees and volatility.
What’s the minimum withdrawal amount?
Varies by currency and method. Check Crypto.com’s limits for your region.
Key Takeaways
- Crypto.com’s trading volumes grew 258% YoY (2021–2022)
- Fiat withdrawals surged to $62 billion in 2022
- Always confirm wallet details before executing transactions
For seamless crypto-to-fiat conversions, Crypto.com remains a top choice in 2023.
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