How to Sell on Crypto com: 6 Simple Steps Anybody Can Take

how to sell crypto on crypto.com

Account and collection verification is currently reviewed and approved by internal staff only. A collection verification application process will be made available in the near future. Enter collection name in the search bar and click collection checkbox to apply filter.

Setting up the payment method in advance is essential before you do anything else. It is always suggested to research the creator and the item to make sure you are purchasing an NFT made by an established creator producing original works. For payments with Crypto.com Pay, please refer to our FAQ for a full list of supported currencies on Crypto.com Pay. If you have accumulated some account balance, you can use it to make purchases once you have your Crypto.com App account activated (KYC required).

Both the desktop and mobile app versions have a convenient wallet interface that allows you to check the marketing trends with a clear overview. In today’s article, we’ll show you how to sell on Crypto.com, discuss the advantages and disadvantages, and how to utilize all the benefits offered by the platform correctly. We offer a variety of filtering and sorting options in our marketplace, collection, and brand pages to find the best NFTs for you. For payments with a credit/debit card, please check with your card issuer on the supported currencies. Lim has been quoted and referenced by major publications and media companies like WikiHow, Fast Company, HuffPost, Vice, New York Post, The Conversation, and many others. On the page, you must first select the wallet that you want to sell the crypto to.

how to sell crypto on crypto.com

Keep an eye on the App for current and upcoming Supercharger projects. The purpose of this website is solely to display information regarding the products and services available https://www.cryptominer.services/ on the Crypto.com App. It is not intended to offer access to any of such products and services. You may obtain access to such products and services on the Crypto.com App.

All examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, cybersecurity, or other advice. Returns on the buying and selling of crypto assets may be subject to tax, including capital gains tax, in your jurisdiction. Any descriptions of Crypto.com products or features are merely for illustrative purposes and do not constitute an endorsement, invitation, or solicitation.

After you’ve set up a fiat wallet, you’ll be able to sell crypto for fiat money. If you’re living in the US or Europe, tap on “Set Up New Currency”, enter your residential address, and follow the on-screen instructions to set up your fiat wallet. When curated creators put an item up for sale, they can specify how much royalties to charge as a percentage of the listed price for each secondary sale. Before you can sell a cryptocurrency for fiat money on Crypto.com, you need to set up your fiat wallet.

Quick Guide to Using the Crypto.com App

Once you’ve set up your wallet, filled in the personal details and financial info, and chosen your currencies, you can follow these steps to sell your crypto. For non-curated creators royalties https://www.coinbreakingnews.info/ are fixed at 10% for resales of collectibles created directly on the platform. When the “Non-Curated” filter is applied, collectibles from non-curated creators are displayed.

Then, you’ll be able to sell a cryptocurrency for fiat money and deposit it in your fiat wallet. The Track Coins feature enables users to monitor the price performance of their favorite cryptocurrencies. To customise a watchlist, tap the bell icon and select the cryptocurrencies to follow. Users can also set up price/price movement alerts to stay informed about market fluctuations. Many crypto platforms offer excellent benefits when buying and selling cryptocurrency. Since you’re looking to sell the cryptocurrency for fiat money, select “Fiat Wallet”.

Depending on how you’ve set up your sources, you can read the official step-by-step withdrawal process on Crypto.com. This process converts your funds from crypto to a fiat wallet, so you must be extra careful when picking the coin you want to transform. https://www.cryptonews.wiki/ When the “Buy Now” filter is applied, fixed priced collectibles available for purchase are displayed. An item that has been added to your shopping cart may become unavailable if it has already been purchased by another user or delisted by the owner.

Royalties are paid to creators whenever their work is sold on the secondary market (resale), allowing them to be recognized and compensated for their work. In addition, royalties will be deducted and shared with the creator of the item. The exact amount of royalties (as a percentage of the total purchase amount) is decided by the creator. We have implemented a queueing system for limited-time drops in order to ensure stable performance and improve your purchase experience. We have different weekly limits for credit/debit card purchases depending on whether you buy directly from drops or from the marketplace.

To start using the Crypto.com App, first download it from a preferred device’s app store. Unlock access to VIP-only benefits like content, downloadable, and resources – all ad-free. In January 2022, Crypto.com suffered a $34 million cyberattack affecting over 400 users.

How do I withdraw my balance?

The withdrawal processing period usually lasts 3-5 business days, while withdrawals to the Crypto.com app are much faster. If you think the crypto you plan to sell will probably reach even higher, it’s better to sell fractions and see what happens next. You have successfully made a sale and turned your crypto into USD funds. Once you’ve decided which currency you want to convert to fiat, press the ‘Cash’ button. Otherwise, you can only trade with cryptos but won’t be able to sell or withdraw your crypto as USD in cash.

  1. In today’s article, we’ll show you how to sell on Crypto.com, discuss the advantages and disadvantages, and how to utilize all the benefits offered by the platform correctly.
  2. On the other hand, if you’re living in the US or Europe, you need to deposit fiat via bank transfer.
  3. In the following sections, we explore each of these features in detail.
  4. For payments with a credit/debit card, please check with your card issuer on the supported currencies.
  5. A collection verification application process will be made available in the near future.
  6. Otherwise, you can only trade with cryptos but won’t be able to sell or withdraw your crypto as USD in cash.

The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. To get started, download the Crypto.com App and explore its extensive features, including the wallet, card, and trading options. The Earn feature allows users to earn rewards on their cryptocurrencies by locking them for a specific period. The interest rates vary based on the type of cryptocurrency, amount of CRO staked, and lockup duration. Being well-informed and considerate when buying, selling, or trading cryptocurrency is imperative.

Get the most out of your assets, safely

If you’re living in Singapore, you need to connect to StraitsX (formerly known as Xfers). C. The percentages shown underneath refer to the proportion of one currency you have to purchase the other currency. For further information and guidance, be sure to read the Crypto.com App FAQs. Don’t miss out on maximizing this crypto journey — download the Crypto.com App today and unlock the full potential of the crypto space.

When the “Curated” filter is applied, whitelisted cross-chain collections and collectibles initially sold from curated drops are displayed. If you would like to use Crypto.com Pay, please click the ‘Crypto.com Pay’ button on the payment method page to proceed to checkout. Once you have chosen your preferred wallet, please scan a pop-up QR code and/or follow the on-screen instructions to connect your wallet and complete the payment. You can purchase items that are available in primary sales (including ‘drops’) or secondary sales.

Step 4: Select the Crypto You Want to Sell

When you see other cryptocurrencies surpassing your chosen one, it’s probably high time you sell it and invests in something more promising. Once you see that a particular crypto asset isn’t going anywhere with its long-term value, you should consider selling them either completely or more than half. Unfortunately, no formulas or rules are set in stone when one should sell crypto. The ‘Sell’ screen will appear, and you must enter the amount of currency you want to sell.