How To Close Crypto.com Account?- All You Needs To Know!
If you choose to close your crypto.com Account, your Crypto.com app account, your Crypto.com exchange account, and your crypto.com Visa card will no longer be available. Please take into consideration the possibility of withdrawing or spending any outstanding funds in your accounts before we begin the procedure.
After you have terminated your accounts, you are free to access their services again by registering as a new user and logging in with your old email address and password. They will make no effort, under any circumstances, to reopen accounts that have been closed. However, in this article, we are going to discuss how to close a Crypto.com account in a step-by-step manner. We will also discuss what are the key benefits that are inherited in this popular exchange.
Contents
What is Crypto.com?
Crypto.com is a cryptocurrency exchange that enables users to engage in a variety of activities, including trading, investing, staking, using wallets, and using NFTs. Those who are interested in doing a lot with their cryptocurrency may find that it is a suitable choice due to the ecosystem of crypto-related items that it offers. Because so many individuals all around the world use the Crypto.com platform to buy Dogecoin, Bitcoin, and other cryptocurrencies, the software, and wallets associated with Crypto.com are quite secure.
You run no chance of being scammed if you use this site to carry out a variety of transactions, such as buying and selling cryptocurrency. In addition, users have the ability to purchase and sell cryptocurrencies at the market price, without being subject to any additional fees.
However, due to the fact that the cryptocurrency exchange is not regulated, particularly in India, it is not entirely risk-free for those who wish to invest. This exchange supports more than 250 different currencies, has fees that are not prohibitively expensive, and provides discounts to customers with considerable holdings of Crypto.com Coin (CRO).
Features Of Crypto.com
More than 200 distinct cryptocurrencies are available for buying, selling, and trading on Crypto.com. This exchange allows users to place sophisticated order types, trade futures, and trade other cryptocurrency products such as NFTs. It provides bitcoin rewards credit cards, staking, and its own blockchain ecosystem which is called Crypto.org Chain.
Security
Whitelisting and multi-factor authentication (also known as MFA) are two of the many security procedures that Crypto.com employs in order to assist in the protection of its users’ accounts. To assist in the protection of your account, it is, of course, equally essential to make use of a robust password and to engage in other personal online security measures. Because cryptocurrency transactions cannot be undone, it is highly unlikely that any lost cryptocurrency would be recovered if your account is compromised.
Fees
On deals with a total monthly trading volume of less than $25,000, new Crypto.com customers who have never participated in CRO staking will be charged a 0.4 percent commission. The trading costs are slightly lower than what you would find with some of the largest rivals in the business, but they are not the lowest rates available. At that time, traders who have a monthly volume of up to $25,000 are charged a 0.36 percent commission. The higher the stake, the lower the rate per unit.
Staking
Participants can receive rewards based on their holdings by taking part in a process called staking, which is used by several cryptocurrencies as a method of transaction verification. The practice of staking cryptocurrency entails dedicating your crypto assets to sustain a blockchain network and confirm transactions. This technique is also known as “mining.” It is accessible with cryptocurrencies that run their payment processing based on a concept known as proof-of-stake. An approach that uses significantly less power than the standard proof-of-work protocol is this one.
Supported Coins
More than 250 different currencies are available for spot trading on Crypto.com, with a subset of these being enabled for staking. Despite the fact that there are too many supported currencies to mention them all here.
- Bitcoin (BTC)
- Ethereum (ETH)
- Cardano (ADA)
- Dogecoin (DOGE)
- Polkadot (DOT)
CRO, Crypto.com’s own cryptocurrency, is also available. If you hold a big investment in CRO, the firm will reward you by lowering your trading costs, increasing your staking borrowing costs, and providing you with better credit card rewards.
How To Close A Crypto.com Account?
You have to send an email to Crypto.com if you want to terminate your account with them.
Include an image of yourself holding a piece of paper with your name, the current date, and the words “Crypto.com” printed on it. Attach this image to the email.
Step 1
◾ Send the email with the subject heading reading “Close Account,” and then send the email.
◾ Check to see that the email is being sent from the email address that is registered with the site.
◾ If you don’t provide this information, the Crypto.com support team won’t be able to monitor your account or terminate it.
◾ After you have emailed Crypto.com the picture of yourself, you will need to wait for a response from them.
◾ If your request to close your account is granted, you will be notified through email that it has been done.
Step 2
◾ Sending an email to the address contact@crypto.com is required in order to terminate your Crypto.com account.
◾ You need to attach a photograph of yourself holding a piece of paper that displays your name, the current date, and the words “Crypto.com” to the email.
◾ First things first, get a sheet of paper and write out your complete name on it.
◾ Second, jot down the date that is now in effect.
◾ Last but not least, jot down “Crypto.com” in the space below the date.
◾ Check to see if the text is simple and easy to understand.
Step 3
◾ If you wish to terminate your Crypto.com account, you must first complete this step.
◾ Nothing further will be done with the photo except the identity verification process.
◾ In order to accomplish this, take a picture of yourself while holding the piece of paper in one hand.
◾ Make sure that it is obvious to anybody who sees you that you are in possession of the piece of paper.
Step 4
◾ You will need to snap a picture of yourself holding a piece of paper that has your name, the date, and the words “Crypto.com” written on it, and then send that picture to Crypto.com through email.
◾ To get started, you will need to send an email to the contact email address, which is contact@crypto.com.
◾ Make sure you contact Crypto.com using the email address you used to register for the site.
Conclusion On How To Close Crypto.com Account
The cryptocurrency trading platform known as Crypto.com enables its customers to participate in a wide range of activities, including trading, investing, staking, utilizing wallets, and employing NFTs, among other things. Users have the opportunity to buy and sell cryptocurrencies at the current market price, and they are not subject to any additional fees in either transaction.
By taking part in a process known as staking, participants have the opportunity to receive rewards based on the value of their holdings. Transactions in a cryptocurrency cannot be reversed, which means that any coins that are lost cannot be retrieved. Hence we advise you to think twice before deciding on the fact that you want to delete your Crypto.com account. We hope that this article will help you with all the information on how to close Crypto.com account and assist you in closing one of them.
