Creating a new crypto wallet account can be like a stroll in the park. It is easy, even for the less familiar users. Especially if you will choose the most popular of them, like Binance, Crypto.com, or Coinbase, the registration process should take no more than 1-2 minutes. In the following article, you will learn how you can complete your registration on most of the available crypto wallets and how to deposit and withdraw from your new crypto wallet account.
It will be easy to get a hold of a new crypto wallet account. The first step is to decide which is the most suitable crypto wallet for you. Next, you should get to the official page and download the official app, either directly or through the Google store / Apple store. Afterward, click on the Registration button, and you will have some options available.
In most apps, you can create your new account using either your phone number or email. You can skip all that and register using your Google or Apple ID. You can immediately start depositing and withdrawing to and from your account. If you want to have no limits, complete the KYC procedure.
To sum up, these are the steps you need to follow, along with the KYC process, to have a fully operational crypto wallet in your hands.
Decide which is the suitable crypto wallet
Enter the official page
Download the application either directly from the site or the Google/Apple store
Choose whether you want to register through your mail, your phone, your Google, or your Apple ID
Proceed with the KYC by sending an ID document (National ID or Passport) and proof of address. Also, complete the verification by providing the required selfie
After you have completed your registration and the account verification process, you can start depositing funds into your account. The simpler way to get funds is to have another user transfer crypto to you.
If you want to transfer your funds, you can do so by clicking on the “FIAT deposit” option. Choose the currency you want to use to top up your account (Euro, Dollar). Then, you can fund your account either through a Bank Transfer or your VISA/Mastercard credit or debit card. While the card deposits will be completed instantly. Note that the bank transfers will need 1 to 3 days. Some crypto wallets also give you alternative solutions to help you deposit to your crypto wallet, like transfers from the Advcash app. In this case, your deposits will be instantly completed. As long as you have deposited your FIAT money into your account you may start converting them into cryptocurrencies of your choice. Note that all transactions are charged with fees, which you can see beforehand.
You have managed to get some winnings from your crypto casino and you now want to draw them back. The first step is to convert your cryptocurrencies into FIAT money. Note that you will be charged for the conversion. Next, you should select between the options of debit/card withdrawal and bank transfer.
If you choose a Bank Transfer, you will be charged a small fee (usually up to 1€), but the withdrawal times might vary from a few hours up to 5 working days, depending on the bank. On the other hand, if you choose to withdraw your funds to a credit/debit card, you will get your winnings notably more quickly, but you will be charged 1.8% of the cashed-out amount.
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