How does Early Direct Deposit work?

Crypto.com may get notified up to 3 days before your usual paydate that money is on the way, and at this moment the funds are made available to you. This also applies to government payments such as tax refunds where the notification can be received up to 5 days in advance. Availability and timing can vary based on the payer and when we get payment instructions.

How to set up:

Crypto.com provides you with a routing and account number which can be provided to your employer.

  1. Open the Crypto.com App and navigate to the “Accounts” tab at the bottom of the screen.

  2. Tap on your “Fiat Wallet”, under your shown balance tap “Transfer” on the right.

  3. On the “Transfer Fiat” window tap “Deposit” and select “United States Dollar”.

  4. Tap the second option “Bank Deposit”

  5. The “USD Fiat Wallet (Bank Deposit)” screen will appear and display your Fiat Wallet’s Routing and Account number.

  6. Provide the displayed Routing and Account number to your employer or alternatively use the information to update your Direct Deposit information yourself within your employer's payroll portal.

Does it cost extra to get paid early?

There are no additional fees! Early Direct Deposit is a free, automatic feature on your USD Fiat Wallet.

Will my payroll direct deposit always arrive early?

You may get your direct deposit up to 3 days earlier than your scheduled paydate unless any of the following occur:

  • You recently set up a payroll direct deposit for the first time as it can take up to two pay cycles for direct deposit to begin.

  • Your payroll deposit type is not eligible, such as a bank-to-bank transfer.

  • There is a payroll system issue with your employer.

  • Your employer does not provide the payment instructions to Crypto.com earlier than your regular paydate.

Early Direct Deposit may depend on timing as well. Keep in mind that the payer must provide correct payment details on time so the deposit can be processed early. In cases where your deposit does not arrive early, you can expect it to be available on your scheduled payday.

Can I choose to stop receiving my direct deposits early?

No, early Direct Deposit is an automatic feature on your USD Fiat Wallet and therefore, cannot be disabled.

How to cancel your direct deposit?

To stop receiving your direct deposits to your Crypto.com Fiat Wallet, change the instructions on your employer's payroll portal or contact your employer directly.

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