FAQs
Step 1: Go to a store that accepts “Crypto.com Pay” and select it as your payment method for in-store checkout. Step 3: Launch the Crypto.com App and tap Pay in Home page. Alternatively, you can open the Super App Menu in the bottom navigational panel and tap Pay.
What is a crypto com pay account? ›
Crypto.com Pay allows merchants to receive cryptocurrencies instantly from a growing global base of Crypto.com users with zero transaction fees. As an off-chain service, transactions are in real time and accessible to all Crypto.com App users around the world.
Where can you use crypto com pay? ›
Where can I shop with Crypto.com Pay?
Featured Merchants with High Cash Back Rate | Cash Back Rate |
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OTR - Petrol stations and convenience stores | Up to 4% |
Cointracking - Digital Currency Portfolio Management and Crypto Tax Reporting | Up to 4% |
Travala.com - Flights and Accommodation | Up to 4% |
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Can I use Crypto com to pay bills? ›
Tap the “Send Invoice” button to send your Crypto.com Pay Invoice via email. The recipient will be able to receive the invoice instantly and pay by hitting the “Crypto.com Pay” button. The recipient will then be able to settle the invoice by scanning the QR code using the Crypto Pay feature in the Crypto.com App.
Is it hard to get your money out of Crypto com? ›
The users' deposits are held in cold storage by Crypto.com, which is all done for security reasons. But when you make a withdrawal request, it is automated for all cryptos. What is even better is that most withdrawals happen instantly, and they do not tend to take more than two hours to process.
What is Cryptopay used for? ›
Cryptopay is an online Bitcoin Wallet which offers greater functionality than simpler services for buying and selling bitcoins. You can use this page to learn more about Cryptopay's features. Cryptopay is an online Bitcoin Wallet which offers greater functionality than simpler services for buying and selling bitcoins.
What is Crypto COM PayString? ›
What is PayString? PayString is a payment identifier protocol developed by Ripple and provides a single ID for anyone needing to send or receive money. You can register for your unique PayString, username$paystring.crypto.com, which will allow you and other senders to deposit funds into the Crypto.com App with ease.
Why is crypto com charging me a fee? ›
Crypto.com Fees Explained
This fee is placed when you buy or sell orders that are not immediately fulfilled, usually because you make a limit order. 0.10% to 0.16% taker fee per order – The taker fee per order also depends on the trading volume you had during the last 30 days.
Can you pay with bank account on Crypto com? ›
Connect your bank account and receive funds to buy crypto immediately. Today, Crypto.com announced that Instant Deposit via ACH is now available to App users in the U.S. This feature allows users to connect their bank account to their Crypto.com App, and get the funds to make crypto purchases immediately.
What Banks works with Crypto com? ›
Though each bank has a different relationship with the crypto space, these are the banks that allow their clients to transact with crypto and cryptocurrency exchanges.
...
Review your needs to find the right fit for you.
- Quontic. ...
- Ally. ...
- Bank of America. ...
- Chase. ...
- Goldman Sachs. ...
- Morgan Stanley. ...
- USAA.
Crypto.com Partners With Silvergate Bank
Silvergate is a Federal Reserve member bank and one of the top providers of innovative financial infrastructure solutions and services for the growing cryptocurrency industry.
Which banks allow purchases of crypto com? ›
- Ally Bank. Ally Bank is an online bank integrated with crypto exchange Coinbase to offer customers access to cryptocurrencies available through this exchange. ...
- USAA. ...
- Bank of America. ...
- Goldman Sachs. ...
- OnJuno. ...
- Revolut. ...
- Wirex. ...
- Bitwala.
Can I pay my credit card bill with crypto? ›
This makes it quick and convenient to pay any credit card bills with crypto. Pay your household's credit card bills with crypto such as American Express, Discover, Chase, Citibank, Wells Fargo, Capital One and Bank of America, including many retail cards like Apple, Lowes, Costco, and Venmo.
Can I pay credit card bill with Crypto com card? ›
Please see Charges, Fees, and Limits Associated with the Crypto.com Visa Card for more information. For compliance reasons, we have restricted the use of our cards for gambling services, cash advances, account funding, and payments towards financial institutions.
Do I need a wallet if I have crypto com? ›
You do not need a Crypto.com account to store, send and receive crypto in the Crypto.com Wallet. Due to the decentralized nature of the wallet, all the transactions are processed on-chain and require network fees to incentivize the transaction confirmation on the corresponding token/coin's Blockchain network.
How much does it cost to cash out on Crypto com? ›
Crypto.com keeps it simple using the maker-taker model, with rates ranging from 0.04% to 0.40% for maker fees and 0.10% to 0.40% for taker fees. Investors pay additional fees for using credit cards.
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Crypto.com vs. Coinbase: Fees.
| Crypto.com | Coinbase |
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Wire Transfer | Free, with a minimum of $1,000 | $10 deposit, $25 withdrawal |
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How do I cash out my crypto profits? ›
8 ways to cash out your Bitcoin
- Crypto exchange.
- Online broker.
- Bitcoin ATM.
- Crypto debit card.
- Peer-to-peer crypto trading.
- Crypto wallet.
- Money transfer apps.
- Spend it at a crypto-friendly business.
Why can't i withdraw from crypto? ›
You may see a "Balance is insufficient for a withdrawal" error, or the withdrawal page may say that your funds are "Withheld" or that withdrawals are blocked. Do you have any orders open or pending? Cryptocurrencies that are used in an open or pending order cannot be withdrawn.
Is Cryptopay good? ›
Crypto salaries don't make sense -- yet
Although there are certainly some good reasons to consider being paid in crypto, it simply isn't a practical option for most people. Just paying bills with crypto is enough of a hassle to make crypto unviable as a salary option.
How do I deposit money into Cryptopay? ›
How to deposit funds into my Cryptopay account?
- Card deposits.
- Euro Bank transfers (SEPA)
- GBP Bank transfers (Faster Payments)
- Crypto transfers.
- Card unloads.
The average processing time is up to 1-2 hours.
Is PayString secure? ›
Yes, it is. Default PayString uses tried-and-true security technologies that secure all internet services.
What does a PayString look like? ›
A paystring may look like this 001012001233, and is often 12 to 24 characters long, each character representing the delinquency status for a particular month. The left most character is the oldest month and the right most character is the most recent month.
Why is crypto com holding my money? ›
All Users' deposits are held in cold storage, for security reasons, however, withdrawal requests - for all cryptos - are automated.
How do I avoid crypto com deposit fees? ›
As with all blockchain transactions, they come with a fee. Note: Transferring crypto to your Crypto.com Wallet App's address will also incur a fee if completed on-chain. To avoid a fee, please use the Withdraw to App function.
Does Crypto com send you tax? ›
Yes, Crypto.com does report crypto activity to the IRS. US users who earn $600 or more in rewards from Crypto.com from Staking, Earn, Referrals, or certain other activities will receive a 1099-MISC tax form and the same form will be sent to the IRS.
How much money can I put on my crypto com card? ›
Top Up and Transfer Limit
| Midnight Blue | Ruby Steel |
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Crypto to card transfer limit | Daily: US$10,000 Monthly: US$25,000 Yearly: No limit | Daily: US$10,000 Monthly: US$25,000 Yearly: No limit |
Card to card transfer limit | Daily: US$100 Monthly: US$3,000 Yearly: No limit | Daily: US$500 Monthly: US$5,000 Yearly: No limit |
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How long does it take Crypto com to pay you? ›
Withdrawals- Processing Time
Withdrawals to an external address may take 2-3 hours to process. Withdrawals to the Crypto.com App are instant.
How do I receive payment on Crypto com? ›
How do I receive Pay Rewards from sending payments to my friends?
- hold an active deposit term of 10,000 CRO or more in Crypto Earn (with tenure of 3 months) OR.
- staked 10,000 CRO or more in Crypto.com App. OR.
- staked 10,000 CRO or more in Crypto.com Exchange.
How do I get my money from Crypto com app? ›
How to withdraw Cryptocurrency from your Crypto.com Exchange wallet?
- Visit crypto.com/exchange and select the Log In button (upper right-hand corner).
- After you have logged in to your account, click Wallet.
- Find your cryptocurrency to withdraw and select Withdraw from the ⋯ menu.
Crypto.com users can withdraw USD from the App by selling crypto to their USD fiat wallet and transferring USD funds from this wallet to their U.S. bank account(s) on the ACH network.
How much money can I withdraw from Crypto com? ›
Maximum withdrawal limit for all cryptos is BTC 10 (or equivalent) on a 24h rolling basis. Please check the Fees & Limits section in the app's Settings, for the most current information.
How much does crypto com charge to withdraw? ›
For example, Crypto.com currently charges a withdrawal fee of 0.0001 BTC to withdraw Bitcoin via the BEP20 network.
Does Crypto com send to IRS? ›
Yes, Crypto.com does report crypto activity to the IRS. US users who earn $600 or more in rewards from Crypto.com from Staking, Earn, Referrals, or certain other activities will receive a 1099-MISC tax form and the same form will be sent to the IRS.
Can I send my paycheck to crypto com? ›
Crypto.com does not accept physical checks or checks from bill pay services as a payment method to purchase cryptocurrency or to transfer cash into a user's USD fiat wallet. Any such checks received by Crypto.com will be voided and destroyed.
Which crypto wallet is best? ›
Our Top Picks for the Best Crypto Wallets of January 2023
- Coinbase Wallet - Best for Beginners.
- MetaMask - Best for Ethereum.
- TrustWallet - Best for Mobile.
- Ledger Nano S Plus - Best Crypto Hardware Wallet.
- Electrum - Best Desktop Bitcoin Wallet.
- BlueWallet - Best Mobile Bitcoin Wallet.
- Exodus - Best for Desktop.
How long does it take to withdraw money from Crypto com to bank account? ›
In most cases, withdrawals are almost instant and normally should take no longer than 2-3 hours to be processed. Note: Withdrawals will be sent from an address that differs from your crypto's deposit address.