Crypto.com App Launches Instant Deposit for U.S. Users

Cryptocurrency exchange Crypto.com recently announced that it has enabled App users in the U.S. to make Instant Deposit via ACH with effect from December 3rd, 2021.

This new feature allows users to connect their bank account to their Crypto.com App, and get the funds to make crypto purchases immediately.

According to the official press release, users can transfer up to USD 50,000 per day and USD 500,000 per month. Additionally, they can make transactions up to 5 times per day and 30 times per month.

Crypto.com highlighted that it does not charge any fees for Instant Deposits. However, fees may be applied by the bank.

The feature will be rolled out progressively to all Crypto.com App users in the U.S. starting today.

To set up Instant Deposit and initiate a deposit, simply follow the steps below:

1. Select "Link Bank Account" to connect your bank account to your USD Fiat Wallet

2. Enter the USD amount up to your daily limit, and make sure you have sufficient funds in your bank account

3. Review your deposit details and click "Confirm"

Upon submission, users will be able to use their funds for crypto purchase instantly.

​As Fazzaco reported earlier, Crypto.com has announced its integration with Silvergate​, the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry.