How to designate beneficiaries at Crypto.com
Beneficiaries are managed online
The key to protecting your Crypto.com accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
Crypto.com has 11 product types, and the estate transfer rules differ across them. Some support beneficiary designations, some can be retitled into a trust, and others pass through the estate if nothing is set up. Each is covered below.
Beneficiary designation is not available for investment accounts at Crypto.com.
- For an Individual: their full legal name, date of birth, relationship to you, address, email, and phone number
- For a Trust: the entity name, trust type, Tax ID, address, and contact details
- Edit: tap an existing beneficiary's name in the Beneficiaries list to update contact information or address
- Adjust Allocation: tap Adjust Allocation on the list page to change the percentage split (the default is an even split across all beneficiaries)
- Remove: tap the beneficiary and select Remove
Required Documents
- Beneficiary's full legal name (for an individual)
- Beneficiary's date of birth (for an individual)
- Beneficiary's relationship to you (for an individual)
- Beneficiary's address, email and phone number (for an individual)
- Trust's entity name and trust type (when naming a trust)
- Trust's Tax ID (EIN) (when naming a trust)
- Trust's address and contact details (when naming a trust)
Beneficiary designation is not available for cryptocurrency at Crypto.com.
What Crypto.com says about beneficiaries and trusts
Each section is Crypto.com's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary4
- IRA
Primary and contingent beneficiaries can be named on Crypto.com IRAs (Traditional and Roth), in the app, with allocation percentages. Crypto.com states that "naming a beneficiary helps avoid probate".1
Crypto.com does not support inherited or beneficiary IRAs, so a named beneficiary cannot keep the account on the platform and will have to move the assets to another custodian.1
- Crypto account
No POD or TOD designation is offered on the Crypto.com App crypto wallet, Crypto.com Exchange, Crypto Earn, Cash Earn, on-chain staking or NFTs, through the app, website or any other channel.2
Crypto.com Onchain is self-custody and Crypto.com holds no keys, so no beneficiary mechanism is possible. Its assets require the recovery phrase; no designation, court order or institutional transfer mechanism can reach them.2
- Investment account
No POD or TOD beneficiary designation exists on the taxable Stocks and ETFs brokerage account.2
- Credit card
No POD or TOD designation is offered on either Crypto.com Visa card.2
Who can be named2
How many beneficiaries, and how shares are split
- IRA
Primary and contingent beneficiaries can be named with allocation percentages; the default is an even split across all beneficiaries. At least one primary must be added before a contingent one can be.1
What Crypto.com's agreement says about beneficiaries1
- Changing or revoking a designation
Crypto.com allows beneficiary updates at any time: a beneficiary's contact information or address can be edited, the percentage split adjusted, or a beneficiary removed in the app.1
What Crypto.com says about trust accounts1
- Whether a new account is opened
No Crypto.com consumer account can be opened in, or retitled into, the name of a trust.2
Trust and institutional entities that want Crypto.com to hold digital assets in a fiduciary capacity go through Crypto.com Custody Trust Company, LLC, on a separate institutional onboarding track.3
Accounts handled elsewhere1
- Crypto.com Custody Trust Company, LLC
Digital asset custody for trusts and institutional clients, as a New Hampshire-chartered non-depository trust company3
Sources3
Sources
Data sourced from Crypto.com primary sources (15 pages reviewed). How we research.
Download these Crypto.com instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Crypto.com primary sources. Bring it to the branch or keep it beside the phone.
Crypto.com estate support
Website
Estate planning articles
Learn how to protect your Crypto.com accounts and other assets with trusts, beneficiary designations, and estate planning documents.
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