How To Sell Crypto on Crypto.com
If you trade in cryptocurrency, it’s essential to have a platform that has an uncomplicated selling method. The Crypto.com exchange provides users with desktop and in-app selling options, allowing them to keep up with ever-changing market trends.
This article will outline how to sell tokens on Crypto.com from your desktop and iOS or Android app. We’ll also cover the app’s wallet options and how to transfer the funds to your bank account.
How to Sell a Crypto Token in Crypto.com on a PC
If you prefer to conduct cryptocurrency transactions on a PC, you’ll need to use the desktop-friendly Crypto.com Exchange.
Before buying and selling crypto on the platform, make sure that you’re using a Starter level account or higher. With a Starter account, the decentralized exchange requires you to enter your personal details as a security measure before each transaction.
If you’re committed to growing your cryptocurrency venture, it’s recommended that you get an Advanced level account. This subscription comes with extra trading perks that enable secure and seamless transactions. Additionally, there’s no need to reenter your details before making each sale. To upgrade your account, the exchange prompts you to share information like your name, nationality, mobile number for receiving an activation code, and your ID.
Once you have a verified account, selling coins and tokens on the exchange is relatively straightforward. Here’s how it’s done:
- Go to crypto.com/exchange and click on the “Log In” option in the top right part of the desktop.
- When you have entered your account log-in credentials, you’ll be able to use the exchange for trading.
- Navigate to the upper left corner of the screen and go to the “Markets” page.
- Choose the market where the transaction will take place.
- Select your preferred transaction pair. Select the coin you wish to sell and pick the crypto you want to receive.
- Press “Trade.”
- In the lower right part of the screen, tap the type of order you want to initiate.
- If you’re satisfied with the estimated value, press the red “Sell” button at the bottom of the window.
Once you’ve made enough sales, you can withdraw the cryptocurrency stored in your Crypto.com wallet. Only Starter accounts or higher can move currency from the online wallet to an external address. Follow these steps to do so:
- Go to crypto.com/exchange and tap the “Log In” option in the top right corner.
- When you’ve accessed your trading account, click on the “Wallet” button in the top-right.
- Decide which cryptocurrency you want to withdraw and press “Withdraw.”
- Choose the “Add Withdrawal Address” option.
- Follow the onscreen instructions and enter the required information. When you’ve completed this process, tap “Save Address.” The exchange takes up to 24 hours to process the changes, so you won’t be able to make any withdrawals during this period.
- Pick the withdrawal address from the pop-down menu and adjust the crypto withdrawal amount.
- Press “Review Withdrawal” to view the transaction details. Note that some withdrawal fees may apply.
- Type your SMS and Google verification passcode.
- Click “Confirm Withdrawal.”
The platform also allows users to withdraw coins to their Crypto.com trading app. This feature is handy as it enables cryptocurrency traders to complete transactions even when away from the PC. To make a withdrawal to your Crypto.com mobile app, do the following:
- Visit crypto.com/exchange and press “Log In” at the top of the web page.
- Navigate to “Wallets” and select “Spot Wallet” from the list of available options.
- Press the “Select” button next to the Crypto.com App section to initiate a free withdrawal.
- Adjust the amount you wish to transfer.
- Choose “Review Withdrawal” to view the transaction information.
- Enter your SMS and Google verification password.
- Tap the “Confirm Withdrawal” button to complete the action.
The cryptocurrency will be moved to your Crypto.com app instantly.
How to Sell a Token in Crypto.com on an iPhone
The Crypto.com iOS app has become increasingly popular among token enthusiasts. It’s easy to use and comes with a free 30-day trial period where there are no transaction fees. The user-friendly app design takes the hassle out of selling virtual currency. To sell tokens through the iPhone app, do the following:
- Go to your account “Balance.”
- Press the “Trade” button.
- Select the “Sell” option.
- Pick the currency you want to sell.
- Select “Crypto Wallet” to initiate the transaction.
- Enter the number of tokens you’re selling on the Confirmation page.
- Tap the blue “Confirm” button at the bottom of the interface.
The funds will be stored in your Crypto Wallet, which is excellent if you intend to use them to do more online trading. However, if you want to transfer them to your credit card, you should deposit them into your visa card wallet. Here’s how it’s done:
- Navigate to the app’s “Balance” tab.
- Click on the “Trade” button.
- Press “Sell.”
- Select what type of tokens you want to sell.
- Choose the “Card Wallet” option.
- Adjust the token amount on the Confirmation page.
- Click on the “Confirm” button to finish the action.
This selling and withdrawal method keeps your credit card loaded and ready to use at any time.
For users who feel more comfortable when the sale sends funds to their banks, the iOS app offers that option. Here’s how to complete an in-app crypto sale that goes into your Fiat wallet:
- Go to the app’s “Balance” tab.
- Select the “Trade” button.
- Click on “Sell.”
- Choose what kind of cryptocurrency you intend to sell.
- Press the “Fiat Wallet” option.
- Set the token selling amount on the Confirmation page.
- Hit the blue “Confirm” button at the lower end of the app.
Fiat currency refers to traditional government-regulated currency like the U.S. dollar. The platform’s Fiat wallet is set up to allow users to transfer their crypto earnings to their bank accounts securely and efficiently.
To transfer funds from the Crypto.com Fiat wallet to your bank account, follow these steps:
- Enter your Fiat wallet from the app’s main menu.
- Press “Withdraw” and tap “Transfer.”
- Select the “Fiat” option.
- Tap your preferred fiat currency. The most popular options are USD and EUR.
- If you’ve clicked on your USD balance, press “Withdraw USD.”
- Scroll to the bottom of the app and click on “Withdraw Now.”
- Adjust the withdrawal amount and pick your bank account. Note that the minimum withdrawal limit is $100.
- Confirm the request.
The app can take several days to process your request. When the withdrawal goes through, Crypto.com will notify you via email.
How to Sell a Token in Crypto.com on an Android
Android users can sell their tokens through the Crypto.com mobile app and keep their earnings in their Crypto, Card, or Fiat wallet.
Do the following to sell coins with the Crypto wallet:
- Navigate to your account “Balance.”
- Select “Trade” and press “Sell.”
- Choose the currency you want to sell.
- Press “Crypto Wallet.”
- Adjust the currency amount you’re going to sell.
- Hit the “Confirm” button.
Storing the earnings in the Crypto wallet allows you to buy more crypto easily. But you’ll need to place the sale funds into your Card wallet when you wish to move it to your credit card. Here’s how to do so:
- Go to the “Balance” tab.
- Click on “Trade” and select “Sell.”
- Pick the tokens you want to sell.
- Tap “Card Wallet.”
- Enter the token amount you’ll sell.
- Press the “Confirm” button.
You can now transfer earnings from the Card wallet to your visa card.
The Android app can also tie sales to your Fiat wallet that stores traditional currency accepted by most governments. Here’s how to connect token sales with the Fiat wallet:
- Go to your account “Balance.”
- Tap “Trade” and pick “Sell.”
- Choose the tokens you wish to sell.
- Click on “Fiat Wallet.”
- Adjust the selling amount on the Confirmation page.
- Select the blue “Confirm” button.
When you have the funds in your Fiat wallet, you can transfer them to your bank account.
- Navigate to the Fiat wallet from the app’s main menu.
- Pick “Withdraw” and click on “Transfer.”
- Choose the “Fiat” option.
- Select your preferred currency. USD and EUR are among the most popular options.
- If you’ve selected USD, press “Withdraw USD.”
- Tap the “Withdraw Now” button.
- Set your withdrawal amount and pick your bank account. The withdrawal minimum is $100 or €80.
- Confirm your request.
You’ll receive an email notification when the platform has approved your request. The process may take up to five days.
Uncomplicated Crypto Selling on PC or Mobile
While many crypto platforms are difficult to navigate, Crypto.com is user-friendly and lets you sell crypto via a PC or mobile app. Mobile users can switch between three wallet options through a few simple clicks and transfer their earnings to their visa card or bank account.
Do you prefer to sell tokens on your PC or mobile phone? Which wallet do you typically use? Let us know in the comments section below.
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