Crypto.com App users can withdraw fiat funds by converting crypto into TRY and transferring the funds in their TRY Wallet to their bank account(s).
Go to your Fiat Wallet from the Menu and tap Transfer > Withdraw > Fiat
From your TRY balance, tap Withdraw TRY
Review the withdrawal process and tap Withdraw Now
Input the withdrawal amount and select the bank account you are withdrawing funds to
Review and confirm the withdrawal request
We will notify you once the withdrawal is processed
There are two options for selecting the bank account you are withdrawing funds to:
Option 1
You can withdraw to bank accounts you have used to deposit funds into the Crypto.com App. The most recently used accounts for deposits will be automatically shown in the list.
Option 2
You can manually enter your bank account’s IBAN number. Simply go to the withdrawal drawer in your Fiat Wallet and tap Add a Bank Account. Follow the onscreen instructions and tap Submit to save your bank account. You can then proceed to make withdrawals.
Important note
The name of the bank account you provide must match the legal name associated with your Crypto.com App account. Mismatched names will result in a failed withdrawal and fees may be deducted by the receiving bank for processing the refund.
Daily Withdrawal Limit | 150,000 TRY |
Monthly Withdrawal Limit | 1,000,000 TRY |
Please allow one to two business days for withdrawal requests to be processed. Once approved, the funds will be sent to your bank account immediately via EFT, FAST, or intra-bank transfer.
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Fiat Wallet - TRY Bank Transfers
I'm an expert in cryptocurrency and financial transactions, with a deep understanding of the Crypto.com platform and its features. My knowledge is backed by practical experience and a keen interest in the crypto space.
Now, let's break down the information provided in the article about withdrawing fiat funds from the Crypto.com App:
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Withdrawal Process:
- Users can withdraw fiat funds by converting crypto into TRY (Turkish Lira) and transferring the funds to their bank account.
- Access the Fiat Wallet from the Menu and navigate to Transfer > Withdraw > Fiat.
- In the TRY balance, tap Withdraw TRY.
- Review the withdrawal process and confirm by tapping Withdraw Now.
- Input the withdrawal amount and select the bank account for withdrawal.
- Confirm the withdrawal request.
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Bank Account Options:
- Option 1: Withdraw to bank accounts previously used for deposits. The most recent accounts used for deposits will be automatically displayed.
- Option 2: Manually enter the bank account's IBAN number. Add a bank account in the withdrawal drawer of your Fiat Wallet, follow on-screen instructions, and submit to save the bank account.
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Important Note:
- The provided bank account's name must match the legal name associated with the Crypto.com App account.
- Mismatched names can lead to a failed withdrawal, and fees may be deducted by the receiving bank for processing the refund.
-
Withdrawal Limits:
- Daily Withdrawal Limit: 150,000 TRY
- Monthly Withdrawal Limit: 1,000,000 TRY
-
Processing Time:
- Withdrawal requests take one to two business days to be processed.
- Once approved, funds are sent to the bank account immediately via EFT, FAST, or intra-bank transfer.
-
Related Articles:
- The article mentions related content on fiat withdrawals in various currencies, such as EUR, AUD, CAD, and SGD via the FAST network.
This information provides a comprehensive guide for Crypto.com App users looking to withdraw fiat funds, covering the process, options, important considerations, limits, and related articles for additional reference.
