Bitcoin Forum

I have been buying Crypto.com coin (Cronos) last few years, my average was $0.08 and just sold my first 10% on the exchange at $0.36.

This is the first time i have sold anything on there and the fee after selling on the exchange, sending the USDC back to the app and then withdrawing to my bank was 2.5% and just wondering if this is normal or if there is a better way of selling to save on fees in the future?

On many centralized exchanges like Crypto.com, there is P2P and most are zero fee transactions.

Is Binance, Bybit, OKX, MEXC, Gate and some other exchanges not allowed in your country? Or if their P2P is not allowed in your country?

Bitget also has P2P but it requires little fee.

I am not sure , I will look more into it. I am from UK and up till now I had mainly just been buying spot positions but want to start selling soon as the price goes up next few months so just want to know for sure best way of selling and withdrawing with least fees possible.

Since you already have you coins on the exchange and it offers p2p services why not just make use of the sell option or if that exchange doesn't support your native local currency, why not send the coin to any of the exchange around your place to make use of their p2p transactions to fet those Coin sold into your local currency, binance may be unavailable region since alot of countries have stops the exchange from p2p market.

2.5% for the withdrawal as fee seems quite much. Get to know more with the exchange you use, so for crypto.com there could be some other ways that's way cheaper. Just as said, check out their P2P markets because it's usually cheaper than the spot market where you'll trade it. Read also how much takers/makers fee that they charge per trade.