How to Delete Crypto.com Account

Ready to port to a new exchange, but you don’t know how to delete Crypto.com account?

Crypto.com is a platform that provides a variety of services to its users. It is a trading and investment platform that allows users to trade cryptocurrencies. 

It makes investing and staking easier, and it offers e-wallets and other similar services.

Crypto.com provides access to over 250 cryptocurrency tokens. Crypto.com provides access to some of the most popular coins available, including:

Bitcoin (BTC)

Ethereum (ETH)

Litecoin (LTC)

Bitcoin Cash (BCH) (BCH)

Tether (USDT)

Binance coin (BNB)

Solana (SOL)

Polkadot (DOT)

Polygon (MATIC)

Cardano (ADA)

Crypto.com has its own token, CRO, in addition to the ability to buy, sell, and exchange hundreds of cryptocurrencies. Staking CRO provides a trading fee discount as well as the opportunity to earn rewards if you use Crypto.com’s Visa debit card.

Do you no longer buy or sell cryptocurrencies on Crypto.com?

If this is the case, you may request that your account be deleted.

You must withdraw or spend all of your remaining balances before deleting your Crypto.com.

Otherwise, your balances will be lost forever.

This article will teach you all you know about how to delete Crypto.com account.

About Crypto.com

Crypto.com was founded in 2016. It is one of the oldest crypto companies out there.  

It stands out as a one-stop shop for all of your crypto transaction needs, making it an excellent choice for investors of all levels of experience.

Crypto.com is a popular option for buying and selling a wide range of cryptocurrencies, with 10 million users in 90 countries. 

Founded in 2016, Crypto.com has established itself as a one-stop shop for crypto enthusiasts while remaining simple enough for newcomers.

Features of Crypto.com

Crypto.com’s founders envisioned a future in which cryptocurrency is a standard investment class rather than a novelty. Whether you believe this will happen or not, Crypto.com can assist you in incorporating cryptocurrencies into your financial life. To that end, in addition to standard crypto buying and selling, the platform provides the following useful features:

Cashback Visa Card

Crypto.com provides a prepaid Visa card that works like a rewards debit card and can help you spend your crypto holdings more easily. Though it is open to all, those who buy and hold the platform’s native cryptocurrency, CRO, stand to profit the most.

The Crypto.com Visa Card has five reward tiers based on the amount of CRO you hold. Each generally offers rebates for specific types of services, such as Spotify, Netflix, or even Airbnb, as well as some amount of free ATM withdrawals and anywhere from 1% to 8% ‘cash back.’

While that last percentage is undeniably appealing, it is truly only for the most dedicated crypto enthusiast, requiring you to invest £300,000 in the CRO token.

It’s worth noting that ‘cash back’ in this case refers to CRO, which may be inconvenient if you’re only using the card for rewards.

To access your cash back, you’ll most likely need to convert CRO into fiat currency.

It also implies that the value of your rewards may change unexpectedly due to CRO’s somewhat volatile price swings.

Interest Rates Are High

You can earn interest by lending your cryptocurrency to others, just like on other major cryptocurrency exchanges.

Borrowers can then use their loans to validate transactions for proof-of-stake currencies or for other purposes.

You can earn up to 14.5 percent per year on your deposits of more than 30 cryptocurrencies through Crypto.com’s Earn program, depending on the cryptocurrency you choose to loan out and the amount of CRO you have in your account.

Rates may fluctuate, but you have the option of locking in your rate (and thus your crypto) for a one-month or three-month term.

You can also choose not to commit to a term and withdraw your cryptocurrency whenever you want.

Remember that while these interest rates outperform most savings account rates, they are riskier because they are not protected by the Financial Services Compensation Scheme.

You will also receive simple interest, which means your earnings will not compound over time.

NFTs on Crypto.com

Crypto.com recently added a new feature to its platform that allows users to buy, sell, and display NFTs (non-fungible tokens). NFTs are one-of-a-kind digital assets that frequently take the form of artwork or video content.

If you want to invest in both NFTs and cryptocurrencies, the ease of using the same platform to buy and sell both may be appealing.

Crypto.com does not charge fees for purchasing an NFT; however, if you choose to resell, you will be charged a 1.99 percent fee. Creators must also pay a 1.99% commission when selling on the platform.

How to Create Crypto.com Account

Download the Crypto.com app from the Apple Store or Google Play Store to set up an account. 

Open the app, then choose a password and enter your email address. Your name, a photo of your photo ID, and a selfie are used for account verification on Crypto.com for new users. 

The next step is to link a payment option, like a bank account.

You will be required to enter Know Your Customer (KYC) details, such as your name, contact information, and Social Security number, if you are linking a bank account in the United States. Money can be deposited and withdrawn by fully verified users up to the daily and monthly limits set by Crypto.com.

The time needed to set up a new account, including KYC verification, is typically under ten minutes. You can probably finish it in five minutes or less if you can type quickly and have your ID on hand.

How to Delete Crypto.com Account

To delete your Crypto.com account, you will have to send an email to Crypto.com.

Attach a photo of yourself holding a piece of paper with your name, date, and “Crypto.com” written on it to the email.

Send the email with the subject line “Close Account.”

Make sure to send the email from your registered email address.

Otherwise, the Crypto.com support team will be unable to locate and close your account.

For example, if you created an account with “example@gmail.com,” you must also send the email to Crypto.com with “example@gmail.com.”

You must wait for Crypto.com’s response after sending the photo of yourself.

If you are successful, you will receive an email informing you that your account has been closed.

Conclusion

If you would instead try other exchange platforms, then it might be time to delete your crypto.com account. I hope this piece was helpful. Kindly drop a comment if you found it useful.

Crypto.com stands tall amongst some of the world’s most reputable crypto exchanges. 

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