All in all, you can consult with Crypto.com and find out if closing the account is the best way forward. Well, there is no easy way to determine whether you should close your account or keep it, but in the event that you make this decision, our review provides a step-by-step guide on how you can go about it. Please note that you will be required to pay a $50 fee to close your Crypto.com Visa Card. It might be asking for much, but you can be assured the photos will only be used for identification.
- Finally, if you use the Crypto.com VISA card, there is a $50 fee Card Closure fee charged if you want the balance on the card converted back to fiat and returned to your account.
- Futhermore, it’s advisable to withdraw, or spend all the available balances on your account before closing it.
- We will also discuss what are the key benefits that are inherited in this popular exchange.
- More than 250 different currencies are available for spot trading on Crypto.com, with a subset of these being enabled for staking.
- If the photo you send is declined, you can take another and send it to
Unlike on some crypto exchanges where there is a section in the settings page where you can delete or deactivate your account, that is not the case on the Crypto.com Exchange. Creating an account on the Crypto.com exchange is a breeze (as it should) and it also comes with many perks including a working Visa prepaid card which you can fund with your Crypto https://www.cryptominer.services/ holdings (CRO). Let’s do a Bybit vs Kucoin comparison by exploring each crypto exchange’s features, fees, deposit methods, and security. Learn about this Canadian cryptocurrency exchange offering a user-friendly platform and various trading tools. The process might require several identification steps, but it is to ensure no identity theft happens.
Now you know what’s involved, let me show you how to close your account on Crypto.com permanently. Firstly, the platform does not delete all your data stored on its servers when your account deletion request is granted. To delete your account, there are things you should know about the process of terminating your account.
Cancel Your Crypto.com Visa Card Service
He creates guides, walkthroughs, solutions, and more on games that he plays to help other players with their progression. For example, if you want to transfer Bitcoin from Crypto.com to Binance, you need to copy your Bitcoin address from Binance. If you want to go the extra mile, you can state your registered email address in the email. After you’ve sent the photo of yourself, you need to wait for Crypto.com’s response. You have to send an email to Crypto.com if you want to terminate your account with them. Deleting or closing your Crypto.com account can take anywhere from 1 to 3 working days.
You will typically get a reply to your mail from the Crypto.com support team within 24 hours and it can take up to 2 days for your account closure request to be completed. To close your account, email the Crypto.com support team at “[email protected]” from your registered email address and set the subject of the email to “Close Account”. Finally, if you use the Crypto.com VISA card, there is a $50 fee Card Closure fee charged if you want the balance on the card converted back to fiat and returned to your account. Alternatively, you can simply choose to spend the card’s balance to zero and no fee will incur when closing your Crypto.com account.
This photo is required simply for KYC purposes and various security measures that Crypto.com wants to take to prevent unauthorized account closure processes. As a crypto trader, you might have tried many an exchange over the years. Do not request to delete your Crypto.com account if you have remaining cryptocurrency balances. Whitelisting and multi-factor authentication (also known as MFA) are two of the many security procedures that Crypto.com employs in order to assist in the protection of its users’ accounts. To assist in the protection of your account, it is, of course, equally essential to make use of a robust password and to engage in other personal online security measures. Because cryptocurrency transactions cannot be undone, it is highly unlikely that any lost cryptocurrency would be recovered if your account is compromised.
Step 3: Take a Photo of Yourself and the Paper
More than 200 distinct cryptocurrencies are available for buying, selling, and trading on Crypto.com. This exchange allows users to place sophisticated order types, trade futures, and trade other cryptocurrency products such as NFTs. It provides bitcoin rewards credit cards, staking, and its own blockchain ecosystem which is called Crypto.org Chain. Maybe you’ve found a better platform, or maybe you’re just tired of all the hype around cryptocurrency.
When your account gets deleted, you’ll not be able to retrieve your invested funds. Unlike other exchanges where there is a section in the settings to delete or deactivate your account, Crypto.com seems different. Once the address is added https://www.topbitcoinnews.org/ to your withdrawal whitelist, navigate to the ‘Balances’ tab and click on the ‘Withdraw’ button next to the crypto to be transferred. Bear in mind that deleting your account is not reversible, so you won’t have access to it ever again.
Should I Delete Crypto.com Account?
Here’s an example of what you need to say, “I would like to close my Crypto.com account. I have attached a photo of myself holding a paper with my handwritten information”. For example, if you’ve created a Crypto.com account using “”, use “” to email If successful, you’ll receive an email saying that your account has been closed. Include an image of yourself holding a piece of paper with your name, the current date, and the words “Crypto.com” printed on it.
It is also a security measure to ensure no one else is trying to close your account for you. If you still use the account, yes, you can leave your funds on Crypto.com. However, if you want to close your account, you should withdraw all your funds. To withdraw from Crypto.com to another exchange (e.g. Binance), or an offline wallet like Ledger, you first need to get the correct wallet address.
How to close crypto account?
Alternatively, you can simply choose to spend the card’s balance to zero, so no fee will be incured on your account. You can send, receive, stake, or withdraw cryptocurrencies and some other digital assets easily on the exchange. After you’ve written down your name, date, and “Crypto.com” on a piece of paper, you need to take a photo of yourself holding it. Before you delete your Crypto.com, you need to withdraw or spend all of your remaining balances. You are advised to download your transaction history for tax-related purposes, as you will permanently lose access to your transaction history after the account is closed.
Considering that you don’t need to hold cryptocurrency accounts on all platforms, you might have faced a situation when you wanted to delete one of them, and Crypto.com can be a good example. Once your identity is confirmed, someone from the Crypo.com team will process your account closure request. If you’ve done that already, then you can follow the processes below to close and delete your account on Crypto.com exchange. Secondly, any crypto balance remaining after the account termination process will be lost permanently. Creating an account on the exchange comes with many perks including a Visa card which you can fund with your crypto holdings. If you have remaining cryptocurrency balances, you need to transfer them to another exchange.
First is that the platform does not delete all of your data stored on its servers instantly when you delete your account. According to Crypto.com, they do this to “comply with legal and compliance obligations” as outlined on their Privacy Policy page. If you’re looking to delete your account on Crypto.com, there are some things you should know before going about the process of actually terminating your account.
Please note that once you delete your Crypto.com account, you can never restore it, so if you need the platform again, you will have to create a new account as a new user. Yes, to close your Crypto.com account, you will have to pay a $50 fee. The Crypto.com Visa card is pretty popular and comes with https://www.crypto-trading.info/ many benefits. However, once you don’t have a Crypto.com account, you will not be able to use your Crypto.com card, so it is recommended that you cancel this subscription, too. To access the in-app chat support option, tap on the 3 lines from the upper left corner of the screen and go to “Settings”.
Can I close my Crypto.com account?
However, if the balance you have falls short of the withdrawal limit, you can get in touch with Crypto.com customer service to help you out. The only way to delete your account on Crypto.com is by sending an account closure request to the support team using your primary email address. Participants can receive rewards based on their holdings by taking part in a process called staking, which is used by several cryptocurrencies as a method of transaction verification. The practice of staking cryptocurrency entails dedicating your crypto assets to sustain a blockchain network and confirm transactions. This technique is also known as “mining.” It is accessible with cryptocurrencies that run their payment processing based on a concept known as proof-of-stake.