How to Transfer From Crypto.com to Trust Wallet
One of the most important things for the crypto community is to have a reliable crypto wallet.
Although most crypto wallets offered by centralized exchanges are not “easily hackable,” the truth is that other wallets are indeed better.
For instance, when it comes to Trust Wallet, security measures are top-notch.
On the other hand, the Crypto.com App offers safety for your digital assets, but it is always better to have full control of your private keys.
That’s why if you want to send each digital asset you own from Crypto.com to an external wallet, you are on your right to do so.
In today’s blog post, we will be talking about:
- How to transfer from Crypto.com to Trust Wallet;
- What to know before you transfer your crypto safely from one wallet to another;
- Step-by-step guidance while you transfer cryptocurrency.
Transfer Crypto from a Centralized Exchange to a Secure Wallet
Your cryptocurrency wallet keeps all your funds and each private key inside a wallet address.
While Crypto.com is a centralized exchange, where you can Withdraw Money from Crypto.com to a bank (paper currency or fiat money), Trust Wallet is a non-custodial wallet with very low fees and good security measures.
It is a private and secure wallet (DeFi Wallet) where its cryptocurrency wallet stores private information that can only be accessed by you.
As we mentioned before, the Crypto.com coin exchange is a digital currency brokerage.
You can spend cryptos and crypto earn through staking, but one way or another, it still operates on a centralized platform.
Read Also: Yes, Trust Wallet directs users to a decentralized wallet environment, and you can simply move funds between two wallets (Crypto.com and Trust Wallet).
However, is this possible on MetaMask as well? Learn how to Transfer from Crypto.com to MetaMask here.
How to Transfer from Crypto.com to Trust Wallet
Transferring crypto from Crypto.com to Trust Wallet requires you to have the right recipient’s address and type it in the Crypto.com platform.
It is a really easy process that can be done within seconds.
Without further ado, let’s transfer crypto from one address to another easily!
Pro Tip: In order to fund your Crypto.com account, you first need to Add Money to Crypto.com.
You can do this by setting up your bank account, debit, or credit card. Learn how to do it by reading our related guide.
Step 1: Open Your Trust Wallet Account
Firstly, open Trust Wallet. It is imperative to know the exact coin you want to transfer.
If you need to transfer BTC, then find the BTC address. If you need to transfer ETH, you will need your ETH address.
Step 2: Find Your Trust Deposit Address
On Trust Wallet home screen, select “Receive.” Then, select BTC, ETH, Litecoin, or whichever crypto you want to receive.
A QR Code and an alphanumeric string of characters will show - this is your wallet address. Copy it to your clipboard, and proceed.
Step 3: Set Up Your Crypto.com Account
Now, go to the Crypto.com Exchange. Keep in mind that in order to use all Crypto App features, you need to properly complete a KYC verification process.
Step 4: Go to “Spot Wallet”
Once your Crypto profile is good and ready to go, you need to select “Spot Wallet.” A screen with all your assets will open.
Step 5: Select “Withdraw”
Then again, select the exact same crypto that you want to send. The blockchain network must be the same.
Using an invalid address might end up in your funds being lost forever.
Step 6: Paste Trust Wallet Withdrawal Address
Let’s suppose that you want to send Bitcoin. Click on “Withdraw Bitcoin.”
A screen will open where you need to put the external wallet address that you copied from Trust Wallet.
Once again, the deposit address must match the crypto and the network before you confirm crypto transactions.
Some users recommend sending a small amount first to make sure that everything is okay, and then send the rest of the money.
Step 7: Confirm the Fees for Cryptos Transactions and Complete It
Confirm the deposit address, the fees, and transfer crypto to Trust Wallet.
The Crypto.com authenticator app will ask you for a verification code in order to properly process the transaction.
After some minutes, your funds should now appear on Trust Wallet.
That’s how you get things done! For more Trust Wallet and Crypto.com insights, check out the content we have for you here, at GrowFollowing.
FAQ
Can I Delete My Crypto.com Account?
Yes, you can make a request, so the platform entirely deletes your profile information.
Learn more about this matter here: Delete Crypto.com Account.
Steve specializes in cryptocurrency and finance. As a born researcher, he won’t leave any stone unturned when it comes to topics he covers.