Next, click on the Select button next to External Wallet Address to transfer funds to an external wallet. 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.
What Account Information Is Still Kept After Account Closure?
- Have you decided that Crypto.com no longer meets your cryptocurrency trading or investing needs?
- 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.
- But, it isn’t the only option available to buy and sell Bitcoin and other cryptocurrencies.
- Powered by the $CRO token, Crypto.com stands out for its combination of competitive trading fees, staking rewards, and cashback debit cards.
- Now that you understand the conditions attached to deleting your account on Crypto.com, below is a step-by-step guide on how to properly delete/deactivate your account on the platform.
- I hope this definitive, step-by-step guide helped demystify how to properly delete your Crypto.com account!
- However, amid rising competition from platforms like Coinbase, Binance, Gemini, and FTX, an increasing number of users are now exploring alternatives – leading to growing account closures.
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. In this guide, we will show you how to permanently close your Crypto.com account as well as other things you need to know about deleting an account on the Crypto.com exchange and mobile app. The $50 fee will be charged to cover processing costs if you have a balance on your Crypto.com Visa card and wish to have your funds returned. Upon cancellation, cryptocurrency is dead long live central bank digital currency! you will permanently lose access to your accounts and transaction history.
Once the address is added to your withdrawal whitelist, navigate to the Balances tab and click on the Withdraw button next to the crypto to be transferred. As we’ve outlined, the process requires a meticulous approach – from withdrawing all your funds, ensuring there are no pending transactions, to following the specified procedure for account closure. Please refer to How does the $50 close account fee work for my Crypto.com Visa Card for more information about the cancellation process and fee for your Crypto.com Visa Card. My mission is to teach other people how to start an online business, create passive income, and have more time to focus on what they love.
Reactivating Accounts
In the body of your email, be sure to include your full name, email address, and the reason why you’re deleting your account. You can also include any other relevant information that you think might be helpful. The first thing you’ll need to do before deleting your account is to withdraw any crypto or fiat currency that you have stored on the platform. To do this, simply go to the “Withdraw” page on Crypto.com by tapping the home screen, then “Crypto Wallet”, then “Transfer”, and finally, “Withdraw”. Phemex is a cryptocurrency derivatives exchange that offers spot and futures trading with up to 100x leverage. It has some of the lowest fees in the industry and does not require KYC for trading crypto futures.
Guides
Crypto.com support will verify your identity using the photo and process your account closure. If you ever want to use the Crypto.com exchange again after closing your account, you can simply create an account as a new user and go through the KYC process all over again. Now that you understand the conditions attached to deleting your account on Crypto.com, below is a step-by-step guide on how to properly delete/deactivate your account on the platform.
Top XRPL Developer Predicts XRP Price If Bitcoin Hits $250K
If you change your mind and wish to continue to use Crypto.com in the future to trade BTC, ETH, and other cryptocurrencies, you can do so. Sign up for a Coinbase account using my link, and trade $100 in crypto to get $10 free Bitcoin. Crypto.com is one of the top 10 most prominent cryptocurrency exchanges worldwide. Details on how to withdraw funds from your Crypto.com Exchange account can be found here. In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others.
- Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies.
- In conclusion, the step to close your Crypto.com account is a significant one, which is why ensuring that it’s done correctly can set a positive tone for your future crypto endeavors.
- You can also trade crypto and use a BlockFi-issued Visa card to spend your crypto anywhere that accepts Visa.
- Crypto.com will typically delete your account within 1-2 business days of emailing the support team, but it can take up to 5 business days in some unique circumstances.
- 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.
How to Close and Delete your Crypto.com Account
The platform is more complex than other platforms like Crypto.com and BlockFi, but it also offers more features for high-frequency traders. Webull is a fee-free stock trading app that also offers crypto trading. In the body of the email, let them know why you’re closing your Visa card and if you would like a refund to your fiat wallet from the card. Remember that if wish to have your funds returned, a $50 fee will be applied to cover the processing costs.
Remember, every account deletion starts with withdrawing your crypto funds for safety. If ANY funds remain in your Crypto.com wallet(s) after your account gets deleted, you will permanently lose access to those assets. You can never recover or retrieve crypto held in a deleted Crypto.com account. Make sure to withdraw or transfer all your crypto holdings out of your Crypto.com account into another secure wallet you control before requesting account closure. BlockFi is a crypto lending platform that allows you to earn interest on your digital assets. You can also trade crypto and use a BlockFi-issued Visa card to spend your crypto anywhere that accepts Visa.
Some notable alternatives include Coinbase, known for its user-friendly interface, Binance, recognized for its low trading fees, and Kraken, which boasts a wide array of supported cryptocurrencies. Before taking the step to close your Crypto.com account, it’s prudent to explore other platforms that might better suit your cryptocurrency trading and investment needs. You will need to first contact crypto support team to help you with the withdrawal process before deleting your Crypto.com account. For example, if you’ve created a Crypto.com account using “”, use “” to email By following the steps outlined in this article and understanding the potential consequences, you can delete your Crypto.com account and take control of your personal data. Make sure you’re sure about deleting your account and click the «Close Account» button.
Quontic Bank Review 2025: Earn 3.70% APY With No Fees
If you decide to move to another exchange and you’re sure you won’t be needing Crypto.com again, you can delete your Crypto.com account permanently in a few steps. Bear in mind that deleting your account means that you won’t be able to have access to it ever again. Do not request to delete your Crypto.com account if you have remaining cryptocurrency balances. If your cryptocurrency balances are under the minimum withdrawal limit, you need to contact Crypto.com support. While the process involves just three simple steps, following it carefully ensures your account gets closed properly without losing any crypto funds.
The withdrawal process will typically take 30 to 60 minutes to complete. If your photo is rejected, you need to take another one and send it to again. To do so, hold the piece of paper using one hand and take a photo of yourself. Finally, email your self-verification photo attached to email protected using your registered Crypto.com account email address. Recent upheavals after mass account lockouts revealed weaknesses in Crypto.com‘s account security architecture according to cybersecurity experts.
In this article, we will walk you through the steps to delete your Crypto.com account and provide some important considerations to keep in mind. Only with zero balances should you proceed requesting account removal by following the 3 identity verification steps outlined earlier. Powered by the $CRO token, Crypto.com stands out for its combination of competitive trading fees, staking rewards, and cashback debit cards. By investing in $CRO, users can reduce trading fees up to 100% and earn up to how are crypto and blockchain being utilised in the gaming sector 14.5% p.a.
How to Properly Delete Your Crypto.com Account
For example, if simple binance coin trading strategy simple binance coin trading binance strategy you want to transfer Bitcoin from Crypto.com to Binance, you need to copy your Bitcoin address from Binance. After you’ve sent the photo of yourself, you need to wait for Crypto.com’s response.
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”. If successful, you’ll receive an email saying that your account has been closed. Crypto.com employs a variable fee structure based on your 30-day trading volume and $CRO stake.
Closing your account means you won’t be able to recover any trade or personal information. They will usually respond to your request within hours via your registered email address. Any new accounts you create will not be eligible for any promotional offers. You must withdraw all the funds from your Crypto.com App and Crypto.com Exchange account to close them.