How to transfer NFTs out of your Exodus wallet?

Understanding NFT Transfer Mechanics in Exodus

1. Exodus wallet supports Ethereum-based NFTs and select EVM-compatible chains such as Binance Smart Chain and Polygon. Before initiating a transfer, verify that the NFT you own is on a supported blockchain within the Exodus interface.

2. Access your NFT collection by navigating to the 'Assets' tab and selecting 'NFTs.' Each visible NFT will display its name, image, and associated blockchain. Confirm the correct network to avoid irreversible mistakes during the transfer process.

3. Clicking on the specific NFT opens a detailed view where the 'Send' button becomes available. This action triggers the transfer module, preparing the digital asset for movement to another wallet.

4. Always double-check the receiving address. Sending an NFT to an incompatible chain or incorrect wallet can result in permanent loss of the asset.

5. The transaction requires a network fee paid in the native cryptocurrency of the respective blockchain—ETH for Ethereum, MATIC for Polygon, etc. Ensure sufficient balance in the sending wallet to cover gas costs.

Step-by-Step Guide to Send NFTs from Exodus

1. Open the Exodus application and unlock your wallet using your credentials. Navigate to the main dashboard and locate the 'NFTs' section under the Assets menu.

2. Select the NFT you wish to transfer. A pop-up window appears with options including 'View' and 'Send.' Choose 'Send' to proceed with the transfer.

3. Enter the recipient’s public wallet address carefully. The field includes validation to detect basic formatting errors, but it does not confirm wallet ownership or network compatibility.

4. If transferring across different EVM chains, ensure the recipient wallet supports the same network. For example, sending a Polygon NFT to a wallet that only handles Ethereum assets may lead to invisibility or loss.

5. Review all details—including NFT name, blockchain, recipient address, and estimated network fee—before confirming. Once submitted, transactions cannot be canceled or reversed.

Common Issues and Preventive Measures

1. One frequent issue involves sending NFTs to non-custodial wallets that do not properly display assets. This often occurs when the receiving wallet hasn’t interacted with the specific NFT contract before. In such cases, manually adding the NFT contract address may restore visibility.

2. Network congestion can increase gas fees unexpectedly. Monitor current network conditions through blockchain explorers linked in Exodus to anticipate cost fluctuations.

3. Avoid using exchange deposit addresses for NFT transfers. Most centralized exchanges do not support direct NFT deposits, and sending to these addresses typically results in unrecoverable losses.

4. Some NFTs are bound by smart contract restrictions that prevent transfers during certain periods or require approval steps. Check project-specific rules before attempting to move rare or newly minted collectibles.

5. Exodus does not support NFT transfers for non-EVM blockchains like Solana at this time. If your NFT resides on Solana, alternative methods involving third-party wallets such as Phantom are required.

Frequently Asked Questions

Can I cancel an NFT transfer after confirming it in Exodus?No. Once a transaction is broadcasted to the blockchain, it cannot be stopped or reversed. Always verify every detail before finalizing the send action.

What happens if I send an NFT to the wrong address?Blockchain transactions are immutable. If the address is valid and belongs to another user, recovery depends entirely on the recipient's willingness to return the asset. There is no built-in recovery mechanism.

Why doesn’t my NFT appear in the receiving wallet after transfer?The wallet may not automatically detect the NFT. Try importing the NFT manually using its contract address and token ID. Also confirm the receiving wallet supports the correct blockchain network.

Does Exodus charge a fee for sending NFTs?Exodus does not impose additional service fees. However, you must pay the standard network gas fee required by the underlying blockchain to process the transaction.