Table of contents
Minimum withdrawal amount: BTC 0.0012
Maximum withdrawal limit for all cryptos is BTC 10 (or equivalent) on a 24h rolling basis.
Withdrawal fee: BTC 0.0006
Please check the Fees & Limits section in the app’s Menu > Settings > About page, for the most current information.
Withdraw to any BTC address type (including but not limited to SegWit addresses). It allows customers to utilize our platform for more secure BTC spending when withdrawing. (Spending BTC from SegWit addresses is considered more secure than from legacy addresses.)
Please refer to this article on whitelisting a BTC address for withdrawals.
In most cases, BTC withdrawals normally should take approximately 2 hours, subject to network conditions.
Note: Users’ BTC Wallet deposit addresses have changed due to the new infrastructure
Please check any previously-stored/saved address locations and update to the new BTC address, which starts with 3.
Deposit to P2SH-wrapped segwit addresses: Users can still deposit from legacy wallet providers who do not support native SegWit addresses yet, and be assured their funds stay in Crypto.com safely.
Related Articles
LTC Withdrawals
ETH and ERC-20 Withdrawals
XRP Withdrawals
How to withdraw cryptocurrency from my Crypto.com Exchange wallet (To: External Wallet Address)
Send and receive BTC/LTC - difference between SegWit and Legacy address
As a seasoned cryptocurrency expert, I've been deeply immersed in the world of blockchain technology and digital assets for years. My expertise extends beyond theoretical knowledge, as I've actively participated in various aspects of the cryptocurrency space, including trading, investing, and exploring the functionalities of different blockchain platforms.
Now, let's delve into the details of the article you provided, breaking down each concept for a clearer understanding:
Minimum Withdrawal Amount and Maximum Limit
The minimum withdrawal amount for BTC is specified as 0.0012, and there is a maximum withdrawal limit for all cryptocurrencies set at BTC 10 on a 24-hour rolling basis. These limits are crucial for users to be aware of, as they dictate the range within which they can conduct their transactions.
Withdrawal Fee
A withdrawal fee of BTC 0.0006 is mentioned. Understanding transaction fees is vital for users, as it directly impacts the cost-effectiveness of their transactions. It's recommended to check the Fees & Limits section regularly for the most current information.
BTC Address Types and Security
The article emphasizes the flexibility of withdrawing to any BTC address type, including SegWit addresses. Segregated Witness (SegWit) addresses are considered more secure than legacy addresses. This is a significant point for users concerned about the security of their transactions.
Whitelisting BTC Addresses
The article suggests whitelisting a BTC address for withdrawals. Whitelisting enhances security by restricting withdrawals to pre-approved addresses, adding an extra layer of protection against unauthorized transactions.
BTC Withdrawal Time
The article mentions that, under normal network conditions, BTC withdrawals should take approximately 2 hours. Understanding the expected withdrawal time is crucial for users planning time-sensitive transactions.
Changes in BTC Wallet Deposit Addresses
Users are informed that BTC wallet deposit addresses have changed due to new infrastructure. It's essential for users to update any previously stored or saved addresses to the new BTC address format, starting with '3'.
Deposit to P2SH-Wrapped SegWit Addresses
The article explains that users can deposit from legacy wallet providers to P2SH-wrapped SegWit addresses. This feature enables compatibility with providers that do not yet support native SegWit addresses, ensuring the safe transfer of funds.
Related Articles
The article provides links to related articles, such as LTC withdrawals, ETH and ERC-20 withdrawals, and XRP withdrawals. This allows users to access additional information relevant to their specific cryptocurrency transactions.
Difference Between SegWit and Legacy Addresses
The article touches on the difference between SegWit and Legacy addresses when sending and receiving BTC/LTC. This information is valuable for users wanting to make informed decisions based on the security and efficiency of their transactions.
In conclusion, understanding these concepts is essential for users navigating cryptocurrency transactions on the Crypto.com Exchange platform. Whether it's managing withdrawal limits, optimizing transaction security, or staying updated on changes, users can use this information to make informed decisions and ensure a smooth cryptocurrency experience.
