how to transfer funds from exodus wallet to bank account

Exodus wallet users can conveniently transfer funds to their bank accounts by following a step-by-step process involving selecting the asset, entering bank details, specifying the amount, and confirming the transaction.

Oct 30, 2024 at 10:15 pm

How to Transfer Funds from Exodus Wallet to Bank Account

Step 1: Open Your Exodus Wallet

Launch the Exodus wallet application on your device.

Step 2: Sign In to Your Account

Enter your password or passphrase to access your wallet.

Step 3: Select the Asset You Wish to Transfer

From the Exodus dashboard, select the cryptocurrency you wish to transfer to your bank account.

Step 4: Click on the "Withdraw" Option

Navigate to the asset page and click on the "Withdraw" button.

Step 5: Enter Your Bank Account Details

In the withdrawal form, select your preferred bank account.
Enter the bank account number, routing number, and any necessary swift or IBAN code.
Verify that all details are correct.

Step 6: Specify the Amount

Enter the amount of cryptocurrency you wish to withdraw.
Ensure that you have adequate funds in your Exodus wallet.

Step 7: Choose the Withdrawal Method

Exodus offers several withdrawal methods, such as Ripple Connect, SEPA, or Over the Counter (OTC).
Select the method that suits your requirements and location.

Step 8: Review and Confirm

Carefully review the withdrawal details, including the amount, bank account, and withdrawal method.
If everything is correct, click on the "Confirm" button.

Step 9: Processing Time

Depending on the withdrawal method, processing times can vary.
Exodus generally processes withdrawals within 24-48 hours.
Ripple Connect may process withdrawals instantly, while OTC withdrawals can take longer.

Step 10: Receive Funds in Your Bank Account

Once the withdrawal is processed, the funds will be transferred to your specified bank account.
You may receive a confirmation email or notification from Exodus when the transfer is complete.

Additional Notes:

Exodus charges withdrawal fees based on the withdrawal method chosen.
Ensure that you have a connected and stable internet connection before initiating a withdrawal.
Be aware of any withdrawal limits or restrictions set by Exodus or your bank.
If you encounter any issues during the withdrawal process, contact Exodus support for assistance.

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