How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre (2024)

In this article, we’ll cover the ways you can withdraw crypto funds from your CEX.IO account.

Before we start, please note some important security rules:

  1. Cryptocurrency withdrawals are restricted for the first 48 hours after creating a CEX.IO account.

  2. Withdrawal functionality is only available after successfully enabling two-factor authentication (2FA) on your account.

  3. If you change or restore your 2FA method, withdrawals are restricted for the next 48 hours, to provide a buffer in the event of fraud.

Withdrawal page navigation

  1. Sign in to your CEX.IO account, and click on the CEX.IO Wallet box.

How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre (1)

2. Choose the currency you would like to withdraw.

How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre (2)

3. Click the Withdraw button next to the chosen currency.

How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre (3)

4. Click Select the destination.

When withdrawing crypto, customers can choose direct crypto withdrawal, or they may send funds to their debit/credit card, bank account, or an online wallet (Skrill, Epay).

Direct crypto withdrawals

To send crypto from your CEX.IO account to another wallet, choose Cryptocurrency address as your destination.

How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre (4)

Then carefully enter your destination wallet address.

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To better ensure the safety of your assets, we recommend only using personal wallets for these types of crypto transactions.

Please note that the same wallet cannot be used to withdraw different currencies. For example, BCH cannot be credited to a BTC wallet, just as Ethereum-based tokens (e.g., USDT, MATIC, SHIB) can be lost when sent to a native ETH wallet.

Multichain withdrawals

That being said, some crypto assets can be sent through multiple blockchains. For example, USDC can be deployed on the Ethereum, Tron, and Stellar networks. You’ll be prompted to select a network for transaction processing along with the withdrawal request. Again, make sure your destination address belongs to that particular blockchain. Choosing a blockchain that is different from your destination wallet network can result in extremely high transaction fees, and the potential loss of funds.

To help ease the stress of choosing the right wallets, destination addresses may be renamed to make them easier to locate. This can help organize your crypto off-ramps if you make regular withdrawals, and provide peace of mind that your funds will arrive safely.

For more tips on withdrawing crypto from CEX.IO, click here.

Confirming crypto withdrawal

In the You will send field, enter how much cryptocurrency you wish to withdraw. The total amount after commission is deducted will appear below, alongside You will get.

After that, confirm that you have read and agreed with the Risk Notice, then click Proceed.

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Next, verify your withdrawal details, then click Send.

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Once CEX.IO confirms your cryptocurrency transfer, the transaction is sent to its respective blockchain. When the transaction is confirmed by the network, funds will be credited to your destination wallet.

Crypto withdrawals to other payment methods

CEX.IO customers can withdraw their crypto assets to participating debit/credit cards, bank accounts (where eligible), or online wallets (Skrill, Epay). These transactions are completed in two steps:

  1. The system sells your crypto for fiat funds.

  2. The proceeds are sent to the chosen payment method.

When choosing to withdraw crypto to these off-ramps, please consider that the arrival of your funds can depend on your bank or online wallet provider, and may take anywhere from one to three business days.

To request this type of withdrawal:

  1. Choose a preferred payment card, bank account, or e-wallet as your withdrawal destination, and provide the necessary information (such as card details, IBAN for wire transfers, or email address).

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2. Enter the amount of crypto you wish to convert and withdraw in the You will pay field. The fiat equivalent will be calculated according to the current market price. You can verify the final amount in the You will get field. When satisfied, click Proceed to continue.

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3. Verify the transaction details, and then click Sell to complete your withdrawal.

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Related Articles

How to add and send funds on CEX.IO

How to withdraw fiat funds from your CEX.IO account

Payment methods at CEX.IO

How to deposit cryptocurrencies to CEX.IO Wallet

Crypto withdrawals in the CEX.IO App

How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre (2024)

FAQs

How to withdraw cryptocurrency from CEX.IO Wallet | CEX.IO Help Centre? ›

Click the Withdraw button next to the chosen currency. 4. Click Select the destination. When withdrawing crypto, customers can choose direct crypto withdrawal, or they may send funds to their debit/credit card, bank account, or an online wallet (Skrill, Epay).

How to withdraw from CEX.IO wallet? ›

To do so, go to the Wallet page and click on the Withdrawal button next to the currency you want to withdraw. You can also use the Withdraw button in the top right corner. Please note, this function will only appear for positive balances.

Why can't I withdraw my crypto? ›

If you've recently purchased crypto via card, ACH or Open Banking, your crypto may be subject to a holding period. During a holding period, you cannot withdraw from your cash (GBP, EUR, or USD) account, send funds to your DeFi Wallet, or send to an external wallet.

How do I withdraw money from cryptocurrency to my bank account? ›

You simply deposit your cryptocurrency into a crypto exchange/broker of your choice and request a withdrawal in one of the available fiat currencies. It is a simple, easy and secure process; however, it takes around 4-6 days to get the money in your bank account.

How to withdraw in CEX.IO power tap? ›

To initiate withdrawal from CEX.IO Spot Trading:
  1. Open the Finances tab.
  2. Click the Withdraw button in the upper right.
  3. Choose the currency of withdrawal and follow the provided instructions.
  4. Alternatively, you can click on the withdrawal icon next to the currency of your choice.

How to contact CEX.IO customer service? ›

If you have questions or experience any issues, please contact us at [email protected], or via live chat at support.cex.io.

How long does a CEX.IO withdrawal take? ›

Please allow up to one hour for the network to pick up your operation. It can take longer in case of unexpected network issues. - If your card withdrawal is still pending after a few hours, please contact our Support team. - Withdrawal requests are processed within 24 hours on business days.

Can I transfer money from my crypto wallet to my bank account? ›

Quick answer: To transfer crypto to a bank account, you can use centralized crypto wallets to sell crypto for fiat money and withdraw them to your bank account. Some popular crypto wallets that enable this functionality are Coinbase, Binance, Crypto.com, Kraken, and swissmoney.

How to turn crypto into cash? ›

Here are five ways you can cash out your crypto or Bitcoin.
  1. Use an exchange to sell crypto.
  2. Use your broker to sell crypto.
  3. Go with a peer-to-peer trade.
  4. Cash out at a Bitcoin ATM.
  5. Trade one crypto for another and then cash out.
  6. Bottom line.
Feb 9, 2024

How to get money out of a crypto wallet? ›

Making a Withdrawal
  1. Go to Accounts and tap on Crypto Wallet.
  2. Tap the Transfer button > Withdraw > External Wallet.
  3. Select the whitelisted wallet address you wish to withdraw to.
  4. Choose the currency and enter the amount.
  5. Review and click Confirm on the confirmation page.
  6. Complete the verification required:

How do I use CEX.IO wallet? ›

How to buy and sell cryptocurrencies via CEX.IO Wallet?
  1. Tap the Buy section when you are on the main page.
  2. Select currency and amount to buy.
  3. Double-check the total amount and fee for purchase.
  4. Confirm the transaction.

How to get cash from CEX? ›

Alternatively, you can click the Withdraw button in the upper right of the Wallet page, and then choose the currency you wish to withdraw. 4. Next, click Select the destination to choose where to send your funds. Note: the availability of payment methods depends on the currency, your location, and verification level.

Can CEX bank transfer? ›

Once the order has been processed by the store, payment is made to your account through Bank Transfer (FPS), which should reflect in your account before noon the next day.

How much does CEX.IO charge to withdraw money? ›

CEX.IO charges different withdrawal fees based on the withdrawal method chosen. Visa and MasterCard withdrawals are charged between 1,2% and 3% + $1,20 to $3,80, and bank wire transfers 0,3% + $25, Skrill 1% + $3, PayPal 1% +$5, and other payment methods variable fees between 1% and $10.

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