We Take Your Security Seriously So You Can Sleep at Night
Your funds are secured by BitGo Trust Company, a licensed qualified custodian by the South Dakota, US Division of Banking. BitGo is SOC 2 compliant, as verified in a 2018 audit by Deloitte. BitGo has a confirmed Cryptocurrency Security Standard (CCSS) Level 3.
Sometimes you’ve bought in at just the right time. You’ve watched your investment rise in value and you’re ready to cash out your earnings in fiat or trade it for another cryptocurrency you think could shoot up in price soon.
Access our app or desktop platform. Use our Exchange section to set the amount of crypto you want to sell and which currency you want to sell it for. When you’re happy with the price, hit the “Sell” button.
Of course, sometimes you’re not ready to sell – you’re in it for the long haul, and you want to hold cryptocurrency without trading.
Maybe you want to sell at a later date, or maybe crypto is your new cash and you want to use your funds to buy goods and services through your CryptoWallet Debit Card.
Either way, you’ll need a safe, secure place to store your funds, and that’s where the Wallet section comes in. Encrypted and easy to use, your wallet is the go-to place to store your crypto long-term.
Use the CryptoWallet App to send cryptocurrency to any wallet, any time. You can send funds easily, instantly, 24/7. Forget about filling out lengthy bank forms every time you want to make a purchase or transfer.
A cryptocurrency transfer is as simple as scanning a QR code or copying and pasting a wallet address and hitting the “Send” button.
That’s it! The CryptoWallet app offers an incredibly seamless experience that makes online purchases faster than ever before. You can also send crypto through our desktop platform.
Pay Bills and Bank Transfers
CryptoWallet offers fiat wallets to store EUR and GBP fiat currencies, and each user can have their own dedicated international bank account numbers (IBANs) for EUR and GBP storage.
This opens up a world of possibilities. Users can exchange crypto for fiat and use their funds to pay rent, utility bills, or make any other kind of SEPA bank transfer using CryptoWallet.
You can top up with fiat via Bankwire SEPA, Bankwire SWIFT, Mobile Payment, Debit/credit Card, CHAPS and BACS.
As well as spending crypto in stores, users can now effectively use crypto to pay everyday expenses by bank transfer all within one secure platform.
How to transfer from crypto wallet to fiat wallet?
CryptoWallet also offers a fiat wallet to store and use Euros (EUR) and British Pounds (GBP) currencies. In this case users are given their own International Bank Account Number (IBAN), allowing them to use their fiat wallet like a regular bank account.
To transfer funds from your crypto wallet to your fiat wallet you will need to sell your crypto on the CryptoWallet exchange for either Euros or British Pounds. Once you have executed the order the funds will automatically arrive in your fiat wallet once it has passed clearing.
To simply top up your fiat wallet prior to using CryptoWallet you can also use SWIFT or SEPA Bankwires, Clearing House Automated Payment System (CHAPS), Bankers’ Automated Clearing System (BACS), mobile payments and credit or debit card payments.
After sending funds to your fiat wallet you can use those funds to pay rent, utility bills, make banking transfers and pay everyday expenses using fiat money with the CryptoWallet platform.
In addition to this, users who choose to store funds in crypto can also use their CryptoWallet debit card to spend crypto anywhere that accepts regular debit card payments.
Now you can safely store and spend all of your fiat and crypto money in one secure, easy to use platform.
How does a crypto wallet work?
A crypto wallet is a software solution that stores the information needed to transfer cryptocurrency funds. The wallet in our app is secured by BitGo, a licensed custodian that provides institutional-grade protection to your funds.
What cryptocurrencies can I hold in my CW wallet?
You can store 5 different high-cap currencies using CryptoWallet. The supported currencies are Bitcoin, Ethereum, Litecoin, Ripple and Tether.
What devices can I use to store the funds in my wallet?
You can use an Android or Apple mobile device for your wallet storage. Simply download our cryptocurrency wallet app to learn how to set it all up.
What happens to my funds and wallet if I lose the device?
Losing your phone doesn’t mean losing your funds. Open up our app on a new device and access any funds that were stored on the old device. The app comes with instructions on how to create a crypto wallet and restore funds.
Why should I use the CW wallet?
CryptoWallet is highly protected and secured by BitGo, but the wallet isn’t just a place to store funds. You can order a CryptoWallet debit card and spend your cryptocurrency funds online and in stores!