Lookonchain data shows trader Garrett Jin deposited 577,717 ETH ($1.35B) to Binance from May 6-10. ETH has since fallen over 20%, reducing the stash's value by ~$290 million.
This guide walks you through every step of depositing and withdrawing both fiat and cryptocurrency using the Crypto.com App in the United States. It covers how to set up a USD wallet, fund it via bank transfer, debit card, Apple Pay, Google Pay, or PayPal, and how to instantly purchase crypto. The deposit instructions for crypto include copying the deposit address, scanning the QR code, and the importance of holding ETH for ERC-20 transfers. Withdrawal options are equally detailed: fiat withdrawals to a bank account require selling crypto first, and crypto withdrawals involve whitelisting an external wallet address and handling memos for centralized exchanges. Important tips, such as testing with a small amount on your first transaction, are highlighted throughout to help newcomers avoid common mistakes.
