Crypto.com App users in the UK can now easily deposit and withdraw GBP using Faster Payments Service (FPS).
For regulatory reasons, you must first make a successful GBP deposit via FPS to the Crypto.com App before you can withdraw GBP funds back to the same bank account.
How do I withdraw my funds?
For regulatory reasons, you can only withdraw to the same bank account(s) that you used to deposit the funds to Crypto.com. Withdrawals to third-party payment processors are not supported.
Please follow the steps below to sell crypto to Cash:
Open the Crypto.com app
Tap on "Accounts"
Select "GBP Account"
Select "Sell Crypto"
Select the cryptocurrency you'd like to convert to Cash.
Select the 'Cash' option.
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.)
You will see a confirmation window showing the actual current value of the coin in GBP for 15 seconds. Please pay attention to that window as it shows the amount of GBP you are getting for the coin at that time.
Please follow the steps below to initiate a withdrawal request:
Go to the Crypto.com App, go to "Accounts", open the GBP Account and tap ‘Withdraw’ → ‘GBP’.
Select the GBP balance and tap ‘Withdraw GBP’.
Review the submission process and withdrawal limits, and tap ‘Withdraw Now’.
Input the withdrawal amount and select the bank account that you are withdrawing the funds to.
Review and confirm the withdrawal request.
What are the withdrawal limits and fees?
Minimum (per transaction) | GBP 70 minimum withdrawal |
Daily Withdrawal Limit (24-hour rolling) | GBP 100,000 |
Monthly Withdrawal Limit (30-day rolling) | GBP 500,000 |
Withdrawal fee (per withdrawal) | GBP 1.90 |
Prime users can withdraw up to GBP 1M per day.