How To Sell Crypto on Crypto.com: A Detailed Step-by-Step Guide for Beginners

Hey there! Have you invested in cryptocurrencies and now want to sell some of your coins to take profits or free up some cash? If so, you’re in the right place!

Selling crypto assets on Crypto.com is a super easy process thanks to their intuitive mobile app. In this complete guide, I’ll walk you through everything you need to know as a beginner to successfully sell your cryptocurrency on Crypto.com.

By the end of this post, you’ll be able to:

Set up a Crypto.com account
Verify your identity
Deposit crypto to sell
Execute crypto sales
Withdraw fiat currency

Let’s get started!

Why Should You Use Crypto.com to Sell Crypto?

Before we dive into the step-by-step instructions, let me quickly explain why Crypto.com is one of the best platforms for selling cryptocurrency.

Here are the key advantages:

High liquidity – Crypto.com has high trading volumes across 150+ coins, so you can easily convert your crypto to cash without significant price slippage.
Low fees – Trading fees are just 0.4%, substantially lower than most crypto exchanges. There are no deposit or withdrawal fees either.
Quick verification – You can complete id verification in the app within minutes to unlock higher sell limits.
Secure storage – Crypto.com utilizes cold wallet storage and encryption to keep your funds ultra-safe.
Earn rewards – You can earn up to 8% p.a. interest on your crypto balance with the “Earn” feature while waiting to sell.
Spending options – Instantly spend your crypto with the Crypto.com Visa card anywhere Visa is accepted.
Great user experience – The mobile app is intuitive and easy to use for crypto beginners.

So in summary, Crypto.com is perfect for selling crypto thanks to the combination of high liquidity, low fees, fast verification, industry-leading security, and awesome user experience.

If you don’t already have a Crypto.com account, the first step is to quickly sign up on their website or mobile app:

Go to crypto.com and click "Sign Up" in the top right corner.
Enter your email address and choose a strong password.
Verify your email address by clicking the confirmation link sent to your inbox.
Download the Crypto.com app for iOS or Android.
Open the app, agree to the Terms of Service, and log in with your credentials.

And that’s it – your new Crypto.com account is now ready to use! The signup process only takes a couple minutes.

Step 2: Complete Identity Verification

To access higher sell limits and withdraw your funds, you’ll need to complete Crypto.com’s streamlined Know-Your-Customer (KYC) identity verification process.

Here’s how to get verified:

In the Crypto.com app, go to Settings > Verification.
Enter your name as it appears on your government ID.
Take a clear photo of the front and back of your ID (driver‘s license or passport).
Take a quick live selfie to confirm your identity.
Enter your contact details including address and phone number.
Submit your documentation and wait for approval (usually under 5 minutes).

Once approved, your daily and monthly limits will increase substantially. For example, Level 1 accounts can only sell $5,000 per day, while Level 2 accounts can sell up to $50,000 per day. So getting verified is crucial to sell larger amounts.

Step 3: Deposit Crypto to Your Wallet

To sell crypto on Crypto.com, you first need to deposit coins into your Crypto.com wallet:

Tap "Transfer" then select "Deposit" in the app.
Choose which cryptocurrency you want to deposit.
Copy the wallet address or scan the QR code.
Initiate a transfer from your external crypto wallet to Crypto.com, using the address you copied.

Double and triple check the wallet address is 100% correct before transferring any funds! Once the crypto network confirms your deposit, the coins will show in your Crypto.com wallet balance ready to sell.

Step 4: Navigate to “Trade” and Select Sell

Almost there! Here are the simple steps to execute your crypto sale:

Tap "Trade" on the bottom menu bar.
Select the cryptocurrency you want to sell.
Tap the "Sell" button.
Enter the amount of crypto you want to sell.
Pick which currency you want to convert the crypto to (stablecoin or fiat).
Review the details to ensure everything is correct.
Tap "Sell" to complete the transaction.

In seconds, your crypto is sold and you will see the funds in your chosen currency wallet! Selling crypto is as easy as that.

150+ Supported Cryptocurrencies

One of the best parts about Crypto.com is the huge selection of coins available. You can sell any of the top cryptocurrencies including:

Bitcoin (BTC)
Ethereum (ETH)
Cardano (ADA)
Solana (SOL)
Polkadot (DOT)
Uniswap (UNI)
Litecoin (LTC)
Chainlink (LINK)
Algorand (ALGO)

And over 150 more coins! Simply use the app’s search bar to check if the crypto you want to sell is supported.

20+ Fiat Currencies Supported

When selling crypto, you can exchange it for one of 20+ fiat currencies including:

United States Dollar (USD) – The most popular option for U.S. users.
Euro (EUR) – For European Crypto.com members.
Canadian Dollar (CAD)
British Pound (GBP)
Australian Dollar (AUD)
Singapore Dollar (SGD)
Korean Won (KRW)

The fiat currency will go into your corresponding fiat wallet within the app. You can then easily withdraw it to your bank account.

Here is a full table of supported fiat currencies on Crypto.com:

Currency	Minimum Withdrawal
United States Dollar (USD)	$20
Euro (EUR)	€20
Canadian Dollar (CAD)	$20
British Pound (GBP)	£20
Australian Dollar (AUD)	$20
Singapore Dollar (SGD)	S$20
Korean Won (KRW)	₩20,000
Swiss Franc (CHF)	Fr20
Japanese Yen (JPY)	¥2000
Polish Zloty (PLN)	zł80
Norwegian Krone (NOK)	kr200
Danish Krone (DKK)	kr200
Swedish Krona (SEK)	kr200
Czech Koruna (CZK)	Kč500
Hungarian Forint (HUF)	Ft6000
Hong Kong Dollar (HKD)	HK$200
Thai Baht (THB)	฿800
Mexican Peso (MXN)	Mex$500
Brazilian Real (BRL)	R$100

This covers the key currencies, but more are continually being added!

Low Crypto.com Fees

One of the best aspects of Crypto.com is the low, transparent trading fees. There are zero deposit, withdrawal, or account fees.

Here are the trading fee tiers:

Maker fee: 0%
Taker fee: 0.4%

The maker fee applies when you add liquidity, while the taker fee applies when removing liquidity.

As a seller, you will only pay the taker fee of 0.4% – among the lowest of any major crypto platform. These low fees help you maximize your profits when liquidating crypto holdings.

Limits Based on Verification Level

Daily and monthly limits apply when selling crypto based on your account verification level:

Verification Level	Daily Sell Limit	Monthly Sell Limit
Level 1	$5,000	$20,000
Level 2	$50,000	$200,000
Level 3	$500,000	$2,000,000

So make sure to complete the highest level of identity verification possible to unlock the highest limits.

Top Tier Security

As a top crypto platform, Crypto.com utilizes industry-leading security practices to keep your coins and personal data safe.

These measures include:

Cold storage – Majority of funds held offline in cold wallets.
Encryption – AES-256 disk encryption and data encryption.
2FA – Two-factor authentication for account login.
Insurance – $360 million insurance policy through Marsh Insurance.
Compliance – Meets stringent regulatory standards globally.

You can have peace of mind that your crypto assets and data are ultra-secure when using Crypto.com.

How to Withdraw Fiat Currency

Once you’ve sold crypto and received fiat currency in your wallet balance, it’s easy to withdraw those funds.

Here are the steps:

Go to Accounts > Fiat Wallet in the app.
Tap on Withdrawal.
Select your linked bank account or card.
Enter the fiat withdrawal amount.
Carefully review all withdrawal details before submitting.
Complete any additional identity verification if prompted.
Confirm the withdrawal and wait 1-3 business days for funds to reach your bank account.

Be sure to triple check the withdrawal details – sending funds to the wrong account could result in lost money.

And that covers everything you need to know as a beginner to successfully sell cryptocurrency on Crypto.com!

Let‘s Recap the Key Steps:

Sign up for a Crypto.com account
Verify your identity to increase limits
Deposit crypto into your Crypto.com wallet
Go to Trade and select Sell
Enter the crypto amount and pick the currency
Review details and complete the sale
Withdraw your fiat currency balance

Selling on Crypto.com takes just a few minutes with their easy-to-use mobile app.

So now you’re fully equipped to liquidate your crypto investments! I hope you found this guide helpful. Let me know if you have any other questions – I’m always happy to help fellow crypto enthusiasts!