Fiat Wallet - CAD Withdrawal

Information about CAD withdrawals - activate, submit the request and common issues

Valter avatar
Written by Valter
Updated over a week ago

Crypto.com users can withdraw fiat from the app by selling crypto to their CAD wallet and transferring CAD funds from this wallet to their bank account(s).

How to sell Crypto to Fiat?

  1. Open the Crypto.com app

  2. Tap on "Accounts"

  3. Select "Fiat Wallet"

  4. Select "Sell Crypto"

  5. Select the cryptocurrency you'd like to convert to Fiat.

  6. Select the 'Cash' option.

  7. On the "Sell Cryptocurrency" screen, you can enter the amount you wish to convert. (If you tap on the field where you enter the amount, the app will suggest the maximum amount you can sell.)

  8. You will see a confirmation window showing the actual current value of the coin in fiat money for 15 seconds. Please pay attention to that window as it shows the amount of fiat money you are getting for the coin at that time.

How to set up CAD withdrawal?

  1. Go to “Fiat Wallet” from Menu Button or the Accounts Menu. Tap “Transfer” > “Withdraw” > “CAD”

  2. Tap on your CAD balance and “Withdraw CAD”

  3. Confirm email used for withdrawal. Make sure the email address matches the one tied to your bank account.

  4. Enter a name and phone number

  5. Wait for our internal review and we will notify you once the withdrawal is set up

How to withdraw CAD?

  1. Go to “Fiat Wallet” from Menu Button or the Accounts Menu. Tap “Transfer” > “Withdraw” > “CAD”

  2. Tap on your CAD balance and “Withdraw CAD”

  3. Browse through the submission process and withdrawal limits then tap on “Withdraw Now”

  4. Insert your withdrawal amount, select the email you are withdrawing funds to and input your Security Question & Answer

  5. Review and confirm the withdrawal request

  6. Wait for our internal review and we will notify you once the withdrawal is processed

What are the withdrawal limits and fees?

Max. Balance for Fiat Wallet is: CAD$100,000

Minimum (per transaction)

CAD 100

Daily Withdrawal Limit (24-hour rolling)

Withdrawal CAD 25,000

Daily Transaction Limit (24-hour rolling)

10

Monthly Withdrawal Limit (30-day rolling)

CAD 775,000

Monthly Transaction Limit

30

Withdrawal fee (per withdrawal)

CAD 1.99

Prime users will have a high max balance, withdrawal limits of $1M CAD daily and $30M CAD monthly, and can enjoy fee-free withdrawals.

**All in $CAD

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