Your Guide to .com
Intro
Hello everyone, welcome to our guide on integrating debit cards to Crypto.com. Whether you are a crypto explorer or an aggressive trader, this article will help you step by step to add a debit card in Crypto.com and get rid of trading restrictions and enjoy greater financial flexibility
A leading exchange, Crypto.com, has made it simple to purchase, sell and store crypto with a debit card. With our graphic materials and explanations, you will be ready to start your journey into the world of cryptocurrency effortlessly.
Linking Your Card
Step 1 Open an Account with Crypto.com
Go to Crypto.com and create an account if you have not done this already. The process is simple, does not incur any charges and provides you instant access to the wide variety of services such as debit card linkage.
Step 2 ID Verification
In order to ensure safety and proper measures, Crypto.com mandates to check your ID. The verification process generally involves submitting a government provided ID and a photo of yourself.
Step 3 Adding Card Details
After account verification, Go to Cards and select Add New Card. In this step, you will fill in your debit card’s number, expiry date and CVV code.
Utilising your Debit Card on Crypto.com
Buying with a crypto debit card
If you want to purchase a cryptocurrency, just select it from the dropdown list, enter the amount you wish to purchase, and select the debit card payment option. The crypto particular will be instantly credited to your wallet.
Cash-Out via Crypto debit card
If you prefer to cash out some of your crypto assets, you can also sell from your Crypto.com wallet. You will receive the cash instantly, and the funds will be transferred to the bank account which is linked to the Crypto account.
Cash and Fees
Expenses of transaction
It is worth noting that users of crypto debit card incur transaction fee of 2.99% on every purchase and on all Sales, provided they are not using a standard credit card. This is needed to include the fee when planning your investments.
h3Cash, credit and debit card limits
Account level and account verification will be the main determinants of the limits of using a debit card. In general, the majority of users can expect to trade a seldom $10,000 per day with a debit card.
Table: Features of card on the crypto platform
| Feature | Details |
|---|---|
| Supported debit cards | Visa and Mastercard |
| Transaction fee | 2.99% |
| Daily limit | Up to $10,000 (may vary based on account level) |
| Instant funding | Yes, when buying crypto |
| Instant cash-out | No, funds take 1-3 business days to be deposited to bank account |
Conclusion
Well done, you now have the ability to add your debit card to the Crypto.com platform. Novice or seasoned trader, this platform is suited for all kinds of users with its multitude of investment opportunities.
To learn more about Cryptocurrency, feel free to look at the other articles. We have beginner’s guides and advanced trading techniques that aim to help you with the constantly changing climate of digital currency.
FAQ about Adding a Debit Card to Crypto.com
1. How do I add a debit card to my Crypto.com account?
- Go to ‘Settings’, select ‘Payment Methods’, tap ‘Add Debit Card’.
2. What type of debit cards are supported?
- Supported Visa and Mastercard debit cards.
3. Are there any fees for adding a debit card?
- liNo, there are no fees for adding a debit card.
4. How long does it take to add a debit card?
- Adding the card takes a couple of minutes, in some cases it can go up to 24 hours.
5. Is it possible for me to link more than one debit card to my account?
- Yes, there is no limit on the number of debit cards that you can link to your account.
6. How can someone verify his or her debit card?
- Your card will be charged a small non-refundable fee that’s credited back to your account within a few minutes. Use this amount to verify your card.
7. What is the greatest value that can be deposited with a debit card?
- The maximum daily limit is $30,000.
8. May I use my debit card to withdraw funds?
- The answer is No, withdrawal of funds to a debit card is not possible.
9. Who do I turn to if I have issues trying to add my debit card?
10. Is it safe to connect my credit card to Crypto.com?
- Absolutely, because user data and funds are at the forefront of security measures designed by Crypto.com.