How Much Can You Withdraw from Crypto.com?
Withdrawing funds from your Crypto.com account allows you to transfer your digital assets into your personal bank account, providing you with liquidity and the ability to access your funds. The withdrawal process on Crypto.com is straightforward, but it is important to understand the withdrawal limits and fees associated with the platform.
Withdrawal Limits
The withdrawal limits on Crypto.com vary depending on the level of verification you have completed. The platform offers different account tiers, each with its own set of limits. The following are the withdrawal limits for each account tier:
- Ruby Steel: $2,000 USD per day
- Jade Green/Royal Indigo: $5,000 USD per day
- Icy White/Rose Gold: $10,000 USD per day
- Obsidian Black: $100,000 USD per day
It is important to note that these limits apply to fiat currency withdrawals. If you are withdrawing cryptocurrencies, there are no specific limits imposed by Crypto.com. However, there may be network fees associated with the specific blockchain you are withdrawing from.
Withdrawal Fees
Crypto.com charges withdrawal fees for converting and transferring cryptocurrencies into fiat currencies. The fees vary depending on the cryptocurrency being withdrawn and the amount being transferred. The following are the withdrawal fees for some popular cryptocurrencies on Crypto.com:
- Bitcoin (BTC): 0.0004 BTC
- Ethereum (ETH): 0.005 ETH
- XRP (XRP): 0.25 XRP
- Litecoin (LTC): 0.001 LTC
These fees are subject to change, so it is always recommended to check the latest fee schedule on the Crypto.com website before initiating a withdrawal.
Conclusion
Knowing the withdrawal limits and fees on Crypto.com is crucial for effectively managing your digital assets. By understanding these factors, you can make informed decisions when it comes to withdrawing your funds. Remember to consider the fees associated with converting cryptocurrencies into fiat currencies to ensure you are aware of the total cost of your withdrawal.
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