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Asset sunset FAQs
Asset sunset FAQs

Learn which assets are being sunsetted and what options you have if you hold assets that will no longer be supported in Exodus.

Updated this week

Everything you need to know about the assets being sunsetted and what options you have if you are holding an asset in Exodus that is being removed.


In this article:


Which assets are being sunsetted?

The following assets are scheduled to be sunsetted. See each section for more details about each sunset.

  • Binance Coin (BNB) on BNB Beacon Chain

  • Binance USD (BUSD) on BNB Beacon Chain

  • THORChain (RUNE)

  • Binance USD (BUSD) on all networks

  • Bitcoin Gold (BTG)

  • NEM (XEM)

  • Nano (XNO)

  • Terra Classic (LUNC)

  • Bonded Luna (bLUNA)

  • TerraClassicUSD (USTC)

  • Anchor Protocol (ANC)

  • Vertcoin (VTC)


BNB Beacon Chain network sunset

Binance announced the BNB Beacon Chain network is scheduled to be sunsetted in May 2024.

Binance's plan is to retire the BNB Beacon Chain and migrate its functions to the BNB Smart Chain network. As a result, the BNB Beacon Chain will be sunsetted, and only the BNB Smart Chain network will remain.

For more information, see Binance's roadmap: BNB Chain Fusion Roadmap.

From May 6, Exodus will stop supporting all BNB Beacon Chain assets. This includes:

  • Binance Coin (BNB) on BNB Beacon Chain

  • Binance USD (BUSD) on BNB Beacon Chain

  • THORChain (RUNE)


What should I do if I have BNB Beacon Chain assets?

Binance ended support for BUSD. For more information on what options you have if you hold BUSD on the BNB Beacon Chain, see the section: What options do I have if I hold BUSD?

If you hold assets on the BNB Beacon Chain network, you will need to swap or migrate your assets to the BNB Smart Chain before May 6 to guarantee that you do not lose any funds.


Swap to another asset

Swap with Exodus Swap

If the BNB Beacon Chain asset you hold is available for you to swap in Exodus Swap, then you can swap by a) clicking/tapping the Swap icon in Exodus, b) selecting the BNB Beacon Chain asset you want to swap from, and then c) selecting the asset you want to swap to.

For more information on how to use Exodus Swap, visit: How do I swap crypto in Exodus Swap?

Mobile


Desktop


Swap with another exchange

If swapping in Exodus is unavailable to you, then you can look for an alternative exchange to swap your assets.

When you find another exchange, you can send your funds to it from Exodus to swap your assets. For a guide on how to send crypto from Exodus, see: How do I send Bitcoin and crypto from Exodus?

With some exchanges, you may be able to withdraw the same asset but on a different network, effectively swapping it. This can only happen if the exchange allows you to choose the network when withdrawing funds.

If the asset you swapped to is supported in Exodus, then after your swap, you can send it to your Exodus wallet: How do I receive Bitcoin and crypto in Exodus?


Migrate BNB Beacon Chain assets to BNB Smart Chain with BNB Chain Wallet

BNB Chain Wallet is only available as a browser extension for desktop devices.

If swapping BNB Beacon Chain assets is unavailable for you with either Exodus Swap or another exchange, you might be able to migrate your BNB Beacon Chain assets to the BNB Smart Chain with the BNB Chain Wallet.

Please note that migrating to BNB Beacon Chain assets is only available for tokens that support cross-chain transfers to BSC.

BNB and BUSD supports cross-chain transfers and can be migrated.

THORChain (RUNE) can not be migrated to the Binance Smart Chain network. THORChain (RUNE) retired BEP2 RUNE and the token no longer holds any value. For more information see THORChain's announcement on X (Formerly Twitter).

BNB Chain Wallet is a third-party platform that is not affiliated with Exodus. As such, Exodus cannot guarantee the performance of its products/services or that the steps shown and the information provided will always be accurate.

  1. First, you will need to install the BNB Chain Wallet browser extension. You can install it from the BNB Chain Wallet website: Download BNB Chain Wallet.

  2. Open BNB Chain Wallet and click Use existing wallet.

  3. Select Import Seed Phrase.

  4. Next, to import your Exodus Wallets:

    • a) Select 12 Word Phrase

    • b) Enter your Exodus 12-word secret recovery phrase. For more information on how to view your Exodus secret recovery phrase, visit: How do I always have access to my wallet with my 12-word secret recovery phrase?

    • c) Create a password for your wallet

    • d) Read the Terms of Use and check the box to agree

    • e) Click Import

      Please be very careful with your 12-word secret recovery phrase and private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your secret recovery phrase or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?

  5. Once you have restored your Exodus wallet, you then need to switch to the BNB Beacon Chain network. Click the network dropdown menu.

  6. Select BNB Beacon Chain network.

  7. After switching to the BNB Beacon Chain network, select the asset you want to migrate to the Binance Smart Chain network.

    You will need BNB for the network transaction fees to migrate. If you are migrating multiple assets, migrate BNB last so you have enough BNB when you migrate your other assets.

  8. To migrate your BNB Beacon Chain assets to the BNB Smart Chain, click Send.

  9. Next, follow the steps below:

    • a) Enter the Binance Smart Chain address that you want to migrate and send your asset to. If you want to migrate and send the assets to Exodus, you will need your Exodus BNB Smart Chain (BSC) address. For more information on how to find your address, see the article: How do I receive Bitcoin and crypto in Exodus?

    • b) BNB Chain Wallet will recognize that you entered a BNB Smart Chain address and notify you that you are making a cross-chain transfer.

    • c) You will not need a memo if you send assets to Exodus. However, if you are migrating and sending assets to a wallet or exchange that requires it, you will need to enter the memo.

    • d) Enter the amount you want to migrate. Tap Max to migrate all.

    • e) When you are ready, click Send.

  10. Review the transaction details, and click Send.


What happens if I don't swap or migrate my BNB Beacon Chain assets?

You could risk permanently losing your BNB Beacon Chain assets if you don't migrate before May 6.

For more information on how Binance is handling tokens that are not migrated, see their announcement: BNB Chain Fusion Roadmap

To guarantee that your assets on the BNB Beacon Chain won't be permanently lost, you need to swap or migrate before May 6.


Binance ends support for BUSD

Binance announced that they will end support for Binance USD (BUSD). To learn more see Binance's announcement.

With Exodus, you can still send and receive BUSD on the Ethereum and Binance Smart Chain network as custom tokens.

If you hold BUSD on Binance Beacon Chain, you will need to swap your tokens before the BNB Beacon Chain is sunset on May 6. To learn more about the BNB sunset, jump to: BNB Beacon Chain network sunset


What options do I have if I hold BUSD?

If you have BUSD, Binance recommends converting BUSD to FDUSD. To read more about Binance ending support for BUSD, see Binance's announcement.

Binance announced that they support converting BUSD to FDUSD using Binance Convert.

To use the Binance Convert, you can send your BUSD from Exodus to your Binance account and convert BUSD to FDUSD. For information on how to send crypto from Exodus, visit: How do I send Bitcoin and crypto from Exodus?


Exodus ending support for certain assets

On July 1, 2024, Exodus will stop supporting the following assets:

  • Bitcoin Gold (BTG)

  • NEM (XEM)

  • Nano (XNO)

  • Terra Classic (LUNC)

  • Bonded Luna (bLUNA)

  • TerraClassicUSD (USTC)

  • Anchor Protocol (ANC)

  • Vertcoin (VTC)

You can still send and receive the assets with Exodus until July 1, 2024.


What should I do if I have assets that will no longer be supported?

If you hold assets that will no longer be supported after July 1, 2024, then you will need to either swap them to another asset or send them to another wallet.


Swap to another asset

Exodus Swap

Until July 1, 2024, you can still transact with the assets that are scheduled to no longer be supported by Exodus. This includes swapping with Exodus Swap if the asset you have is available for swapping.

If swapping is available for you, then to swap to another asset, open your Exodus wallet and a) tap/click the swap icon, b) select the asset you want to swap from, and c) select the asset you want to receive.

For more information on how to use Exodus Swap, visit: How do I swap crypto in Exodus Swap?

Mobile

Desktop


Swap with another exchange

If swapping in Exodus is unavailable to you, then you can look for an alternative exchange to swap your assets.

When you find another exchange, you can send your funds to the exchange and swap your assets. For a guide on how to send crypto from Exodus, see: How do I send Bitcoin and crypto from Exodus?

If the asset you swapped to is supported in Exodus, then after your swap, you can send it to your Exodus wallet: How do I receive Bitcoin and crypto in Exodus?


Send the assets to another wallet

Until July 1, 2024, you can send and transact with any of the assets that will no longer be supported by Exodus.

This means that if you want to keep the assets instead of swapping them, you can send them to another wallet, platform, or exchange.

Before you send your funds, confirm that the platform you send your funds to supports the asset you are sending.

For a guide on how to send funds from Exodus, see the article: How do I send Bitcoin and crypto from Exodus?


What if I don't move my funds?

After July 1, 2024, you will no longer be able to transact or view the balances of any of the assets that Exodus ends support for.

However, you will not lose access to your crypto.

This is because Exodus is a self-custodial wallet, you can always access the funds with your 12-word secret recovery phrase, and the private keys for those assets are generated from your secret recovery phrase. To learn more, visit: Everything you need to know about your 12-word secret recovery phrase

Keep in mind that some wallets might not support the Exodus derivation path when importing the secret recovery phrase directly into another wallet, and sometimes, only importing with a private key is supported.

While it is still possible to transact the assets with Exodus, it is recommended to either send the assets to a different wallet or swap to another asset before July 1, 2024, the date Exodus will no longer support these assets.


How do I view my private keys for the assets that are leaving?

Until July 1, 2024, on both Exodus Mobile and Desktop, you can view your private keys for the assets Exodus will stop supporting.

After July 1, 2024, it will no longer be possible to view the private keys for these assets.

Please be very careful with your private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?

Mobile

  1. In Exodus Mobile, go to the wallet of the asset you want to view the private key for and tap on the gear icon in the top-right corner.

    Please note that it is only possible to view the private keys for the assets that Exodus is stopping support for.

  2. After reading the prompt, tap View Private Keys.

    While viewing your private keys, please make sure no one is around you. Private keys are for your eyes only! Please be very careful with your private keys because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?

  3. From here, you can view your private key. Tapping on the private key will copy it to your clipboard.


Desktop

  1. In Exodus Desktop, go to the wallet of the asset you want to view the private key of. a) Click the More icon in the top right corner, and b) click View Private Keys.

  2. After reading the prompt, click Yes, I'm sure.

    While viewing your private keys, please make sure no one is around you. Private keys are for your eyes only! Please be very careful with your private keys because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?

  3. If you have set a password, enter your password and click Unlock Now to view your private keys.

  4. Next, resize the window by hovering on the edge until you see the double arrow and dragging wider to see the entire private key. Double-click or highlight the private key with the mouse cursor, then copy it to your clipboard.

    To copy the private key to your clipboard, on your keyboard, press CMD+C on Mac or CTRL+C on Windows. Afterward, clear your clipboard data by following the instructions in the section: How do I clear my clipboard data?

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