Crypto.com Visa Card is a popular payment method for cryptocurrency users, but transferring funds from the card to a fiat wallet can be a challenge. This article aims to provide a step-by-step guide on how to transfer money from your Crypto.com Visa Card to a fiat wallet, along with the benefits of doing so.
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Benefits of Transferring funds from your Crypto.com Visa Card to a fiat wallet
Transferring funds from your Crypto.com Visa Card to a fiat wallet has several benefits. It allows you to convert your cryptocurrency holdings into fiat currency, which can be used for everyday purchases or transferred to a bank account. This can be particularly useful for those who want to cash out their cryptocurrencies or use them for transactions where cryptocurrencies are not accepted.
Step-by-Step Guide To Transfer from Crypto.com Visa Card to Fiat Wallet:
- Log in to the Crypto.com app and navigate to the “Card” page.
- Tap on “Top Up” and select “Fiat Wallet” as the source of funds.
- Input the amount you wish to transfer in Euros (EUR) for EU cards or Pounds (GBP) for UK cards.
- Confirm the transaction, and the funds will be transferred to your fiat wallet.
Please note that a 1% fee is applied when topping up with a credit or debit card.
Conclusion:
While transferring funds from your Crypto.com Visa Card to a fiat wallet is not a straightforward process, it is possible with a few simple steps. By following the guide outlined in this article, you can convert your cryptocurrency holdings into fiat currency and use it for everyday transactions or transfer it to a bank account.
Remember, once the funds are transferred to your fiat wallet, they cannot be transferred back to your Crypto.com Visa Card.
