It will now be in Final Cut Pro were you can drag it into the time line to edit.
The easiest way to add a cross fade is after the clip has been dragged into the timeline you can right click on the end that you want the fade to occur and then click Add Transition "Cross Dissolve."
In order to cut the clip you must press the Razor Blade tool on the window on the right hand lower corner. Then click on the parts of the clip that you want to cut.
In order to crop a clip move the curser to the end that you want to crop, click and hold on the end and then pull it down to the part that you want, this will delete the parts of the clip you don't want but you can also return them by dragging the end of the clip back.
When you are finished editing the footage go to File - Export - QuickTime Movie.
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