I am totally excited about the Crypto.com app. About 2 weeks ago I came across it by chance and was totally convinced of its features.
After you have installed the App and uploaded your data, you can get started. To get any use out of the APP, there must be money in it, of course. Either you send a crypto currency from another wallet to the Crypto.com app, or you deposit real Fiat money, like Euros, Dollars, Pounds etc.
How do I send money to the Crypto.com app?
First of all you have to select “Accounts” in the app in the bottom bar.
There you have the possibility to access your “Crypto Wallets”, “Exchange”, “Crypto Earn” and your “Fiat Wallets”.
To deposit money, click on “Fiat Wallet”:
Under “Fiat Wallet” you can create several currency accounts. To deposit Euros, simply click on “Set Up New Currency” and select “Euros”.
Once your Fiat account appears in the app, you can deposit money into it. To do so, you have to click on “Transfer” and select “Deposit”.
You now have the possibility to make a SEPA transfer:
Click on Details and you will see the IBAN, BIC/SWIFT Code, Benificiary, Institution Name, Address and Country.
Actually you only need the IBAN. I’ ve been shown an account in England. You can also get the bank details sent to your e-mail address here.
There are different Rules and Regulations in different Countries. So the App will show you exactly what to do, depending on in which Country you are. I am from Germany, so I was able to make a free SEPA Transfer. This may be not available in your Country.
That was it. The app says that SEPA credit transfers usually take 2-5 business days. But I had transferred the money on a Sunday and it arrived on Monday. So it did not even take 24 hours.
As soon as your crypto.com account is credited with money, your bank details are saved and you can withdraw money again. It is only possible to withdraw money to you Bank Account if you have previously deposited money by bank transfer. It is also not possible to withdraw amounts under $100. You should be aware of this.
Once you have money in your Crypto.com account you can use it to buy many crypto currencies such as MCO, Crypto.com Coin, Bitcoin, Ethereum, Tether, Ripple, Bitcoin Cash, Litecoin, Binance Coin, EOS, Cardano, Tezos etc. etc.
Earn $50 with Code py5n26a7dr when signing up.