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How to Withdraw & Cash Out from Crypto.com Onchain Wallet

#Cryptocurrency
2025-08-05 14:318 min read

Content Introduction

This video tutorial demonstrates how to withdraw cryptocurrency from the Crypto.com on-chain wallet and cash out to a bank account. The presenter explains that since the wallet has no connections to the banking system, users must send their crypto to a centralized exchange to convert it to cash. Key steps are outlined, including selecting an asset, connecting the wallet to the Crypto.com app, and ensuring the correct blockchain is used for transactions. The video emphasizes the importance of having gas fees available for transactions and provides guidance on trading smaller coins for larger ones before cashing out. Viewers are encouraged to verify exchange capabilities for various cryptocurrencies and are provided with additional resources and links for further assistance.

Key Information

  • The video tutorial explains how to withdraw cryptocurrency from Crypto.com into a wallet.
  • Users cannot directly cash out from the Crypto.com wallet; they need to transfer crypto to a centralized exchange to then cash it out.
  • The presenter will provide a list of major exchanges and supported currencies in the video description, helping viewers find the best options based on their location.
  • Before sending crypto, users must ensure they have enough transaction fees in the appropriate cryptocurrency for the blockchain they are using.
  • Steps for sending crypto include selecting the right asset, pasting the destination wallet address, and paying any necessary gas fees.
  • Once deposited into a centralized exchange, users can sell the cryptocurrency for cash, provided the exchange supports that currency.
  • The video will include further links to guides on using various exchanges and trading bonuses.

Timeline Analysis

Content Keywords

Crypto Withdrawal

This video guides viewers on how to withdraw cryptocurrency from Crypto.com on-chain wallet, cashing out to a bank account through a centralized exchange.

Crypto.com Wallet

The process involves sending crypto from the Crypto.com wallet to a centralized exchange, where users can trade it for cash to withdraw.

Centralized Exchange

A centralized exchange serves as a platform where users can deposit their crypto, trade it for cash, and link a bank account for withdrawals.

Gas Fee

Users must be aware of gas fees, which are necessary to send transactions on various blockchain networks, indicated by the type of cryptocurrency being used.

Depositing Cryptocurrency

The tutorial covers various cryptocurrency exchanges and highlights the importance of matching the blockchain network when depositing digital assets.

Trading Cryptocurrency

Users can sell their crypto for cash on the exchange, with guidance provided for using different cryptocurrencies and exchanges—even linking accounts for cash withdrawals.

Withdrawal Process

The withdrawal process includes selecting the asset, confirming the transaction amount, and ensuring the correct network is used, followed by a summary of action items.

Related questions&answers

How do I withdraw crypto from Crypto.com onchain?

You need to send the crypto out of your Crypto.com onchain wallet back to a centralized exchange where you can trade it for cash.

Can I cash out directly from the Crypto.com wallet?

No, you cannot cash out directly from the Crypto.com onchain wallet as it does not link to the banking system.

What should I do to cash out cryptocurrency?

You need to withdraw your crypto to a centralized exchange, trade it for cash, and then withdraw the cash to your bank account.

How do I send crypto to another wallet?

Click on the wallet icon, select the asset you want to send, press send, and then enter the wallet address of the recipient.

Do I need to pay transaction fees when sending crypto?

Yes, you need to have some of the gascoin for the blockchain you are using to pay for the transaction fees.

What if the centralized exchange does not support the coin I want to send?

If the exchange does not support trading in that coin, you would need to trade it first into a larger coin within the wallet.

How to ensure that the asset and blockchain are compatible when sending?

Make sure you are sending the same asset on the same blockchain that is accepted by the receiving wallet or exchange.

What documentations or guides are available for using exchanges?

Step-by-step guides for major exchanges will be linked in the description for you to follow.

Will I receive cash in my bank after selling crypto?

Yes, once the crypto is deposited into your centralized exchange, you can sell it for cash, given the exchange supports that transaction.

What do I do if I want to sell my cryptocurrency?

Go to the trade screen in your exchange, select Sell for the asset you want to trade, and follow the prompts to complete the transaction.

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