How to Trade Crypto and Withdraw on Crypto.com

How to Trade on Crypto.com

How to trade Spot on Crypto.com (Website)

A spot trade is a simple transaction between a buyer and a seller to trade at the current market rate, known as the spot price. The trade takes place immediately when the order is fulfilled.

1. Open the Crypto.com website and log in to your account.

Click on [Trade] and choose [Spot].

2. Click on any cryptocurrency you would like to trade on the home page to go directly to the corresponding spot trading page.

3. You will now find yourself on the trading page interface.

1. Trading volume of trading pair in 24 hours.
2. Sell Order Book.
3. Buy Order Book.
4. Candlestick chart and Market Depth.
5. Type of order: Limit/Market/Stop-limit/OCO(One-Cancels-the-Other)
6. Buy and Sell Cryptocurrency.
7. Trading history.
8. Wallet Details.
9. Balance/Positions/Open Orders/Trigger Orders/Order History/Trade History/Active Bots.

4. Let’s look at buying some BTC. At the top of the Crypto.com home page, click on the [Trade] option and select [Spot].

Go to the buying and selling section (6) to buy BTC and fill in the price and the amount for your order. Click on [Buy BTC] to complete the transaction.

• The default price in the limit order is the last price it was traded at.
• The percentages shown underneath refer to the proportion of one currency you have to purchase the other currency.

You can follow the same steps to sell BTC or any other chosen cryptocurrency by selecting the [Sell] tab.

How to trade Spot on Crypto.com (App)

1. Log in to your Crypto.com app and click on [Trade] to go to the spot trading page.

2. Click on [Buy] to go to the cryptocurrency page.

3. Select the cryptocurrency you like to buy and trade.

4. Type in the amount that you like to buy and click [Add payment method] to complete the transaction.

5. Or you can click on [Crypto] to pay for the cryptocurrency you have chosen, then click [Buy].
You can follow the same steps to sell BTC or any other chosen cryptocurrency by selecting the [Sell] tab.

What is the Stop-Limit Function and How to use it

What is a stop-limit order?

A limit order with a stop price and a limit price is known as a stop limit order. The limit order will be entered into the order book after the stop price has been reached. The limit order will be carried out when the limit price is reached.

Stop price: A stop-limit order to buy or sell the asset at the limit price or higher will be executed when the asset’s price hits the stop price.

Limit price: the selected price, or sometimes even a higher one, at which the stop limit order is carried out.

Both the limit and stop prices can be set at the same cost. But the sell order’s stop price ought to be somewhat higher than the maximum price. A safe price differential will be created between the order’s triggering and execution times thanks to this price difference. For the buy order, the stop price can be set somewhat below the limit price. Additionally, it will lessen the possibility that your order won’t be fulfilled.

Please be informed that your order will be executed as a limit order whenever the market price hits your limit price. Your order might never fill if you set the take-profit or stop-loss limits too low or too high, respectively, because the market price will never be able to hit the limit price you have specified.

How does a stop-limit order work?

The current price is 2,400 (A). You can set the stop price above the current price, such as 3,000 (B), or below the current price, such as 1,500 (C). Once the price goes up to 3,000 (B) or drops to 1,500 (C), the stop-limit order will be triggered, and the limit order will be automatically placed on the order book.

Note:

The limit price can be set above or below the stop price for both buy and sell orders. For example, a stop price B can be placed along with a lower limit price B1 or a higher limit price B2.

A limit order is invalid before the stop price is triggered, including when the limit price is reached ahead of the stop price.

When the stop price is reached, it only indicates that a limit order is activated and will be submitted to the order book, rather than the limit order being filled immediately. The limit order will be executed according to its own rules.
 

How do I place a stop-limit order on Crypto.com?

1. Log in to your Crypto.com account and go to [Trade]-[Spot]. Select either [Buy] or [Sell], then click [Stop-limit].

2. Enter the trigger price, the limit price, and the amount of crypto you wish to purchase. Click [Buy BTC] to confirm the details of the transaction.

How to view my stop-limit orders?

Once you submit the orders, you can view and edit your stop-limit orders by going to Section (8), and clicking on [Open Orders].

To view executed or canceled orders, go to the [Order History] tab.

Frequently Asked Questions (FAQ)

What is a Limit Order

An order placed on the order book at a certain limit price is known as a limit order. It won’t be carried out like a market order right away. Rather, only if the market price hits your limit price (or above) will the limit order be filled. Therefore, you can buy at a lower price or sell at a greater price than the going rate by using a limit order.

Assume, for instance, that the current price of Bitcoin is 50,000 and you set a limit order to purchase 1 BTC at 60,000 USD. Since this is a better price than the one you placed (60,000 USD), your limit order will be executed immediately at 50,000 USD.

What is Market Order

When you make an order for a market order, it is immediately executed at the going rate. It can be used to put orders for both purchases and sales.

A purchase or sell market order can be placed by selecting [Quantity] or [Total]. You can input the amount explicitly, for instance, if you wish to purchase a certain amount of Bitcoin. However, you can use [Total] to place the buy order if you wish to purchase BTC with a specific amount of money, such $10,000 USDT.

How to View my Spot Trading Activity

You can view your spot trading activities from the Orders and Positions panel at the bottom of the trading interface. Simply switch between the tabs to check your open order status and previously executed orders.

1. Open orders

Under the [Open Order] tap , you can view details of your open order including:

• Order Time.
• Order Instrument.
• Order Side.
• Order Price.
• Order Quantity.
• Total.
• Fee.
• Fee currency.
• Fee Type.
• Order ID.
• Trade ID.

2. Order history

Order history displays a record of your filled and unfilled orders over a certain period. You can view order details, including:

• Order Time.
• Order Instrument.
• Order Side.
• Order Price.
• Order Quantity.
• Trigger condition.
• Order Completed.
• Order Remaining.
• Average Price.
• Order Value.
• Order ID.
• Margin Order.
• Status.

3. Transaction history

Trade history shows a record of your matched orders over a certain period of time. You can also check trading fees and your role (market maker or taker).

To view transaction history, use the filter to customize the date and click [Search].

How to Withdraw from Crypto.com

How to Withdraw Crypto from Crypto.com

In this article, we’ll show you how you can withdraw from Crypto.com to an external platform or wallet.

How to Withdraw Crypto from Crypto.com (Web)

1. Log in to your Crypto.com account and click on [Wallet].

2. Choose the crypto you would like to withdraw and click on the [Withdraw] button.

For this example, I’m choosing [CRO].
3. Select [Cryptocurrency] and choose [External Wallet Address].4. Enter your [Wallet Address], choose the [Amount] you want to make, and select your [Wallet Type].5. After that , click on [Review Withdrawal], and you are all done. Warning: If you input the wrong information or select the wrong network when making a transfer, your assets will be permanently lost. Please make sure that the information is correct before making a transfer.

How to Withdraw Crypto from Crypto.com (App)

1. Open your Crypto.com app and log in, tap on [Accounts].

2. Tap on [Crypto Wallet] and choose your available token you want to withdraw.

3. Click on [Transfer].

4. Tap on [Withdraw] to proceed to the next page.

5. Select withdraw with [Crypto]. 
6. Choose to withdraw with [External Wallet].
7. Add your wallet address to continue the process.

8. Select your network, enter your [VRA Wallet Address] and your [Wallet Name], then click continue.

9. Verify your wallet by tapping on [Yes, I trust this address].

After that, you are successful in making your withdrawal.

How to Withdraw Fiat Currency from Crypto.com

How to Withdraw Fiat from Crypto.com (Web)

1. Open and log in to your Crypto.com account and select [Wallet].

2. Select the currency you would like to withdraw and click [Withdraw] button.

For this example, I’m choosing [USD].
3. Select [Fiat] and choose [Bank Transfer].

4. Set up your bank account.
After that, input the withdrawal amount and select the bank account from which you are withdrawing funds to review and confirm the withdrawal request.

How to Withdraw with GBP currency on Crypto.com App

1. Open your Crypto.com app and log in, tap on [Accounts].

2. Tap on [Fiat Wallet] and click on [Transfer].

3. Click on [Withdraw].

4. Tap on British Pound (GBP) to proceed to next page.

6. Review your details and tap on [Withdraw Now].

It took 2-4 business days to review your withdrawal request, we will notify you once your request is approved.

How to Withdraw with EUR currency (SEPA) on Crypto.com App

1. Go to your Fiat Wallet, and click on [Transfer].

6. Choose the currency you want and select [EUR] currency.

After that, click on [Withdraw Now].

7. Enter your amount and tap [Withdraw].

Review and confirm the withdrawal request, wait for our internal review, and we will notify you once the withdrawal is processed.

How to Sell Crypto to Your Fiat Wallet on Crypto.com

1. Open your Crypto.com app and click on your [Accounts].
2. Select [Fiat Wallet] and click on the cryptocurrency you would like to sell.

3. Enter your amount that you want to withdraw, choose your withdrawal currency and click on [Sell...].

4. Review your information and tap on [Confirm]. And the money will be sent to your Fiat Wallet.

Frequently Asked Questions (FAQ)

How To Locate the Transaction ID (TxHash/TxID)?

1. Tap on the transaction in the respective crypto wallet or in the transaction history.

2. Tap on the ‘Withdraw to’ address hyperlink.

3. You can either copy the TxHash or view the transaction in a Blockchain Explorer.

Due to possible network congestion, there might be a significant delay in processing your transaction. You may use the transaction ID (TxID) to look up the status of the transfer of your assets by using a blockchain explorer.

Which bank account(s) can I use to withdraw my funds?

There are two options for selecting the bank account you are withdrawing funds to:

Option 1
You can withdraw to bank accounts you have used to deposit funds into the Crypto.com App. The most recently used accounts for deposits will be automatically shown in the list.

Option 2
You can manually enter your bank account’s IBAN number. Simply go to the withdrawal drawer in your Fiat Wallet and tap Add a Bank Account. Follow the on-screen instructions and tap Submit to save your bank account. You can then proceed to make withdrawals.

*note:
The name of the bank account you provide must match the legal name associated with your Crypto.com App account. Mismatched names will result in a failed withdrawal, and fees may be deducted by the receiving bank for processing the refund.

How long does it take for my funds to arrive in my bank account?

Please allow one to two business days for withdrawal requests to be processed. Once approved, the funds will be sent to your bank account immediately via EFT, FAST, or interbank transfer.