How to Withdraw Money from Crypto.com to a Bank Account

Withdrawing funds from the Crypto.com app involves two main stages: selling your cryptocurrency for fiat (USD, EUR, GBP, etc.) and then transferring that fiat currency from your Fiat Wallet to your linked bank account.

This process is straightforward, but for international users, selecting the right receiving bank—like your Hurupay Global USD Account—is critical for speed and cost efficiency.

Here is the complete, step-by-step guide.

Setting Up Your Receiving Bank (The Hurupay Advantage)

To successfully withdraw money from Crypto.com, you must first link and verify a bank account. For global users who need to receive USD, EUR, or GBP without local currency conversion issues, linking a multi-currency account like Hurupay is the superior strategy.

Why use Hurupay for Crypto.com Withdrawals?

• Receive Stable Foreign Currency: Hurupay provides real USD (via ACH/Wire) and EUR (via SEPA) account details. When you withdraw EUR or USD from Crypto.com, the funds arrive in your Hurupay account in the native foreign currency, protecting you from losing value to double currency conversion at a poor local bank rate.

• Faster Processing: Funds transferred via ACH or SEPA (which Crypto.com uses for withdrawals) process quickly when using a dedicated digital platform like Hurupay.

• Instant Local Cash-Out: Once the funds land in your Hurupay account, you can quickly withdraw to your local bank/mobile money or convert to stablecoins for better P2P exchange rates.

Step-by-Step: Linking Your Hurupay Account to Crypto.com

1. Open the Crypto.com App: Log in to your account.

2. Navigate to Fiat Wallet: Tap the "Accounts" tab, then select "Fiat Wallet."

3. Select Your Currency: Choose the currency you wish to link (e.g., USD, EUR, or GBP). Ensure this matches the currency of your Hurupay account details.

4. Initiate Setup: Tap "Set up Currency" or "Transfer" and then "Withdraw."

5. Add Bank Account: Select "Withdraw to Bank" and then "Add Bank Account."

6. Enter Hurupay Details: Enter the following information found in your Hurupay dashboard:

• Bank Name: (As directed by Hurupay)

• Account Number: Your personal Hurupay USD/EUR/GBP account number.

• Routing/IBAN: The correct routing number (for USD) or IBAN (for EUR/GBP).

7. Verification: Crypto.com may require a small, initial fiat deposit from your Hurupay account to verify ownership. Follow the in-app instructions precisely.

Converting Crypto to Fiat in the App

Before you can withdraw, the value must be held as fiat currency in your Crypto.com Fiat Wallet.

1. Select Your Crypto: On the Crypto.com home screen, navigate to "Accounts" and tap the cryptocurrency you wish to sell (e.g., BTC, ETH, CRO).

2. Initiate Sale: Tap the "Sell" button.

3. Choose Fiat Wallet: Select the "Fiat Wallet" as the destination for the sale proceeds.

4. Enter Amount: Input the amount of crypto you wish to sell (or use the MAX button).

5. Confirm Transaction: Review the exchange rate and fee (if applicable) and confirm the sale. The fiat currency will now appear in your Fiat Wallet balance.

Note: You can skip this step if you already have fiat funds in your Crypto.com Fiat Wallet from a previous withdrawal or direct deposit.

Initiating the Withdrawal to Hurupay

Once your bank account is linked and the funds are in your Fiat Wallet, you can execute the final withdrawal.

1. Go to Fiat Wallet: From the "Accounts" tab, select "Fiat Wallet."

2. Select Currency and Tap Withdraw: Choose the currency you hold (e.g., USD) and tap the "Withdraw" button.

3. Choose Destination: Select your newly verified Hurupay account from the list of external bank accounts.

4. Enter Withdrawal Amount: Specify the amount you wish to withdraw. Note the minimum withdrawal limit (usually dependent on the fiat currency).

5. Review and Confirm: Review the withdrawal details, including the processing time and any applicable fees charged by Crypto.com.

6. Two-Factor Authentication: Complete the transaction using your two-factor authentication (2FA) for security.

Withdrawal Fees and Timelines

*Important: While Crypto.com generally does not charge fees for fiat withdrawals, your local receiving bank may impose an "inward remittance fee" if you use a traditional bank. Using Hurupay avoids these intermediary or local bank receiving fees.

What Happens Next: Accessing Your Funds via Hurupay

Once the withdrawal is complete and the money lands in your Hurupay Global Account, you have immediate options for accessing your funds at the best possible local rates:

• Spend Online: Use the linked Hurupay Virtual USD Card for online shopping and subscriptions globally.

• Local Transfer: Initiate a low-cost transfer directly from Hurupay to your local bank account or mobile money wallet (e.g., M-Pesa, GCash, PIX).

• Stablecoin Conversion: If you prefer crypto, your funds are already held as USDC/EURC stablecoins within Hurupay, protecting your value and allowing easy transfer to local P2P exchanges for best local cash-out rates.

By routing your Crypto.com withdrawals through Hurupay, you secure the best payout rates and avoid the regulatory and fee nightmares often associated with transferring crypto earnings to traditional banks.