To withdraw your crypto assets from Trust Wallet to Crypto.com, you need to create and verify a Crypto.com account.
Crypto.com is one of the most popular cryptocurrency exchanges that provide access to trading several cryptocurrencies.
The platform provides support for buying, selling, lending, and earning crypto assets. In addition to this, Crypto.com supports more than 200 tokens and 369 trading pairs.
Users can enjoy asset trading with different payment methods and extremely low transaction fees.
Crypto.com serve millions of users worldwide. They are notable for their crypto and non-crypto services that include an inbuilt wallet, DEX, NFT marketplace, and credit card services. Meanwhile, it also allows users to earn by crypto staking.
When compared to its competitors, Crypto.com offers a pretty good trading fee of 0.4%. However, this can go as low as 0.04% for large-volume traders.
Holding the exchange’s native token, CRO also gives users discounted trading fees.
If you’re looking to deposit crypto assets to Crypto.com, here’s a guide on how to withdraw from Trust Wallet to Crypto.com.
- Create an account on Crypto.com
- Verify your account
- Transfer your funds
1. Create an account on Crypto.com
To create a new account on Crypto.com, you can download the mobile app on Apple Store for iOS devices or Google Play Store for Android devices.
After downloading the app, open the app and tap ‘Create New Account.’ Input your email address and register.
You can verify your email address via a confirmation mail sent to your inbox.
Complete account creation by providing your phone number. Tap ‘Send Verification Code’ to verify your phone number.
2. Verify your account
Verifying account information on Crypto.com takes less than 10 minutes. Meanwhile, it is also easy if you follow onscreen instructions.
Complete the KYC process by providing your name and verifying your identity with a clear picture of a valid identity card.
Finally, take a selfie and link a payment method to your account.
US users must complete the KYC process by adding contact information and their Social Security Number (SSN) to the details provided.
Once the account is fully verified, users can access full features, including deposits and withdrawals.
3. Transfer your assets
Crypto.com supports hundreds of crypto assets. However, it is important to check the cryptocurrency asset and ensure it is supported on Crypto.com before depositing it.
Depositing a token that is not supported on Crypto.com can lead to unrecoverable asset loss.
You can check all tokens supported by Crypto.com on Coingecko (https://www.coingecko.com/en/exchanges/crypto_com) or on Coinmarketcap (https://coinmarketcap.com/exchanges/crypto-com-exchange/).
To transfer a token from Trust Wallet to Crypto.com, follow the steps below:
- Log in to your Crypto.com app and choose Crypto asset
- Paste the deposit address in your Trust Wallet and Transfer the asset.
1. Log in to your Crypto.com app and choose Crypto asset
Go to Transfer and choose Deposit. Choose Crypto as the preferred deposit method.
Select the crypto asset you want to transfer from your Trust Wallet. Immediately, a public deposit address where you can transfer your tokens will pop up. You can also use its QR code for faster transfer.
NOTE: Deposit for cryptocurrencies requires you to include their destination tags or memo. Cryptocurrencies that need a memo include XRP, BNB, EOS & XLM, ATOM, BAND, CRO(Native), STX, KAVA, RUNE, and LUNC.
2. Paste the deposit address in your Trust Wallet and Transfer the asset
Once you’ve copied your deposit address, open your Trust Wallet app.
Choose the token you want to transfer and tap SEND. Paste the deposit address in the Recipient Address. Input the preferred transfer amount and click ‘NEXT.’ Do not forget to use a MEMO tag or ID when needed.
If you are using a QR code, scan the code in the Recipient Address.
Approve the transaction by clicking CONFIRM at the bottom of the screen.
Once the transaction has been executed, it must complete some confirmations before it finally gets to your wallet.
BTC transfers usually take up to 6 confirmations. Ethereum and other ERC-20 tokens like VET and LTC take 12 confirmations. BNB, XRP, XLM, and EOS take only one confirmation.
When the confirmation is complete, the asset will appear in your Crypto.com wallet.
Conclusion
It is important to carefully double-check all information before completing a transfer between wallets.
Ensure the asset you want to transfer is supported on Crypto com. Also, ensure you double-check the deposit address. Flouting both of these rules can result in loss of assets.
Meanwhile, if you’re making a deposit from your Trust Wallet to Crypto.com app for the first time, you can deposit a small amount of the token.
With this, you can easily familiarise yourself with the process and repeat it easily.