How to Withdraw Cryptocurrency from Crypto.com to an External Wallet: A Step-by-Step Guide

Are you curious about how to withdraw your cryptocurrency from Crypto.com to an external wallet? If so, you're in the right place. In this guide, we'll take you through the process step by step, so you can transfer your crypto assets to any external wallet with ease.

Benefits of Leaving Your Crypto Assets on Crypto.com

Before we begin, it's worth noting that leaving your crypto assets on Crypto.com may be more beneficial than withdrawing them. Crypto.com offers several earning options that you may find interesting. However, it's always good to know how to withdraw your crypto assets, just in case.

Step-by-Step Guide to Withdrawing Cryptocurrency from Crypto.com to an External Wallet

To start the process, log in to the Crypto.com app and click on "accounts" to get an overview of your different assets. If you want to withdraw crypto, click on the "crypto wallet" to expand it and see an overview of the different cryptos you own. Let's say you want to transfer Polkadot to an external wallet. Click on the Polkadot icon and then on "transfer to an external wallet." Here, you'll see the dollar value of your Polkadot assets. Click on "transfer" to proceed. Next, you'll see a choice between "deposit" and "withdrawal." Click on "withdrawal" to continue. You'll then have several options, including sending your assets to other Crypto.com users or transferring them to a bank account. 

For this guide, we'll choose "external wallet." After selecting "external wallet," you'll see an option to add a wallet address. If you plan on making multiple withdrawals, we recommend saving the wallet address for future use. To continue, select the cryptocurrency you want to transfer (in this case, Polkadot), then copy the wallet address from the platform you want to send it to, and paste it into the field provided. You can even give the wallet a name to make future transfers easier. It's crucial to ensure that you select the right network when transferring your crypto assets. On certain platforms, you can transfer via different networks, so make sure to choose the right one. If not, you risk losing your assets. If you have any doubts, it's always a good idea to send a small amount first to make sure you're doing everything correctly.

Conclusion

And that's it! You've successfully transferred your crypto assets from Crypto.com to an external wallet. Crypto.com makes the process easy, and with this guide, you'll be able to do it in just a few simple steps.