how to get money from exodus wallet

To withdraw funds from Exodus Wallet, choose a withdrawal method, select the crypto asset and destination, specify the amount, confirm the transaction, pay the fee, and track the transaction status until the funds are received.

Nov 13, 2024 at 07:35 am

How to Get Money from Exodus Wallet

1. Choose a Withdrawal Method:

Exodus Wallet supports several withdrawal methods:

• Cryptocurrency exchanges (recommended): Binance, Coinbase, FTX
• **Bank transfer (limited availability): PayID, SEPA (only for Europe)
• **Debit card (currently available for Bitcoin only): Trezor hardware wallet required

2. Select the Crypto Asset:

• Select the crypto asset you wish to withdraw from your Exodus Wallet.
• Ensure you have sufficient funds in your balance.

3. Choose the Withdrawal Destination:

• Cryptocurrency exchange: Enter the withdrawal address provided by the exchange.
• Bank transfer: Specify the bank details.
• Debit card: Connect your Trezor hardware wallet and follow the on-screen instructions.

4. Enter Amount and Confirm Withdrawal:

• Specify the amount you wish to withdraw.
• Carefully review the withdrawal details (destination address, amount).
• Confirm the transaction with your Exodus password.

5. Pay the Transaction Fee:

• Exodus Wallet charges a small transaction fee for all withdrawals.
• The fee varies depending on the crypto asset and the withdrawal method.
• Confirm the transaction fee and proceed.

6. Wait for Transaction Confirmation:

• Depending on the withdrawal method, the transaction may take several minutes or hours to complete.
• Track the transaction status on the blockchain explorer (e.g., blockchair.com).

7. Receive the Funds:

• Once the transaction is confirmed, the funds will be credited to your designated withdrawal destination:

  • Cryptocurrency exchange: Your account balance will be updated.
  • Bank account: Funds should arrive within the estimated transfer time (usually 1-5 business days).
  • Debit card: Trezor hardware wallet will store the crypto until you spend it.

Additional Notes:

• Verify the destination address before confirming the withdrawal to avoid losing funds.
• Consider using a hardware wallet for enhanced security when withdrawing significant amounts.
• Check the Exodus Wallet support page for the latest withdrawal fees and any other updates.