Understood, thank you all for a reply.

I was looking for much cheaper coin to sell than ETH basically, I was considering USDT but logfiles says XRP and Litecoin is cheaper, which I will consider at this point.

I have never myself used exchange as I have long term positions on the main app but I heard many people talking about it being better for selling as less fees due to spread.

Crypto.com Exchange is not available in the US due to jurisdiction btw so no wonder some people do not know it.


In this case, I think I will simply transfer ETH to the exchange app, swap ETH for XRP or Lite then sell to fiat and move the fiat back to the app where you can put it on your card.

Hi,

After scouring the internet, I'm really conflicted what is the best way to sell ETH via Crypto.com or Crypto.com Exchange.

Currently Crypto.com is charging crazy fees + spread which honestly is a rip off and I'm looking for suggestions.

I know I should avoid selling on ERC20 network or BTC due to high fees therefore I was thinking to exchange ETH to XRP for example.

My plan would be to transfer from Crypto.com app to Crypto.com exchange, trade ETH to XRP, then sell XRP on the exchange due to lower fees then transfer FIAT to crypto.com and cash in.

Does anyone have any suggestions, if there is a better way to manage such transaction, what would you do in this situation?

I'm looking for advice that would minimise the fees and spread whilst not involving transferring ETH outside of crypto.com.


Any help would be much appreciated!


(Apologies if opened in the wrong section, I was conflicted whenever I should open the discussion here or in Altcoins section)