How to withdraw money from Currency.com

Withdrawing funds from a cryptocurrency deposit Currency.com possible to a third party cryptocurrency walletThe methods of transferring money are specified in the “Wallets” section, which you can go to by clicking the button at the top of the site. Methods of money transfer are listed in the “Wallets” section, which can be accessed by clicking the button at the top of the site currency.com. All methods of withdrawal available to the client Currency will be displayed in the account only after the deposit is made.

 

Cryptoassets

Cryptoassets from the Currency.com platform are withdrawn to cryptocurrency wallets that support the corresponding cryptocurrency blockchain protocol. For “cx” tokens, this is the ERC-20 protocol. By the way, “cx” tokens are needed for transactions on crypto exchange Currency.com, so there may be problems applying them outside of this exchange. Technically, these are standard ERC-20 tokens, but the platform does not guarantee that they will show up in the wallet after being credited and that they can be withdrawn to the exchange again. In addition, the first token withdrawal may be rejected by Currency, but you can try to withdraw the coins again.

To be able to transfer crypto to personal wallet, user must set two-factor authentication (2FA). If the transaction is rejected, the wallet must be checked for compliance with the crypto protocol, address accuracy, and amount (it must be greater than the minimum limit). In addition, the wallet enrollment may fail if the address has been compromised on insecure resources. The minimum withdrawal in cryptocurrencies to Currency is a value of 2-3 times the commission for transaction processing, so that the loss from the transaction does not exceed 50% of the amount. The commission is charged for token transfers and depends on the blockchain and network load. Cryptoassets are withdrawn to a wallet within minutes or hours.

Maps

To transfer funds from Currency.com deposit to a bank card, you have to first transfer money to your account from the card, the ability to carry out transactions in this way will be activated. Also this card must belong to the user of the account, and account information must correspond to the card data. The maximum amount of a single transfer of money from the deposit to the card is limited to the equivalent of 2500 American dollars. But it is possible to withdraw more in several transactions. Minimum deposit to VISA and MasterCard is 10 dollars, commission 3% + 3 USD.

It is also important to know that the withdrawal to the card is made through Russian payment providers, respectively, there is a conversion to rubles or USD, so the amount of receipt will probably differ from the expected. Preparation of money for transaction on Currency.com exchange takes, according to the cryptopayment platform itself, about half an hour, but directly to the card the money can get up to several days, because this time depends on the issuing bank. But on average, the time of receipt of funds is still within the 24-hour period.

Transaction to transfer funds may be rejected. If this happens, you need to check the compliance of account and card data, its expiration date, connection of 3d-secure, absence of limits on receipts, compliance with exchange limits. Problems may also be on the part of the issuing bank, to solve them you need to contact the bank.

Bank account

It is possible to withdraw funds from the deposit by bank transfer, to the personal account of the client. Minimum withdrawal amount for bank deposit is 50 USD, commission 0,15 % (minimum 20 USD, maximum 150 USD). Account details can be found in the bank’s online cabinet or mobile app, or you can make a request to the bank’s support service. In particular, you need to know the IBAN (account number) and SWIFT or BIC (BIC). For example, to see the details in the online cabinet Tinkoff, you need to find the “Accounts and Cards” section by clicking on the card designation.

When funds are credited to an account, the transaction can be rejected. To avoid this, before sending money, you need to make sure that the information in your Currency.com account corresponds to the bank’s data, the currencies of the crypto exchange and the bank match, the amount is within the limits, all the details are correct. By the way, both the bank and the exchange can request additional information about the transaction, by email. Transferring funds to an offshore bank account from Currency.com is not possible.

Crediting of money to the bank deposit may take up to 5 days, and you should take into account that banks process such transfers only on weekdays, during working hours, so you need to take into account weekends and holidays in the country of the bank location. At what stage is the transaction of withdrawal of funds in any way from the account of the crypto-exchange in the browser version you need to find out in the “Wallets” tab in the “Withdrawals in processing” section, and in the mobile application in the “Portfolio” section. In case the withdrawal of money is obviously delayed or there are other questions on this topic, the client can contact the support service at: [email protected]