How do I send EXIT tokens to tZERO?

Please note: Trading on tZERO is now live. EXIT tokens trade on tZERO under the ticker EXOD.

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In this Article:


Sending EXIT tokens to tZERO

Sending EXIT tokens to tZERO requires a few more steps, and takes more time, than a regular blockchain transaction, because it works a little differently behind the scenes. 

When you follow these steps to send your EXIT tokens to tZERO, they will be ready to trade!

Before you start, please make sure you have access to your Exodus Shares wallet in Exodus, and that you have registered an account in tZERO through the Exodus app. You will need to switch back and forth between Exodus and tZERO.


How do I send EXIT tokens to tZERO on Desktop?

In your Exodus wallet:

1
In your Exodus Shares wallet, click on Receive.

2
Click the two squares to copy your Exodus Shares receive address to your clipboard.

In tZERO:

3
Navigate to tZERO and sign in to your account.

4
From your portfolio page, scroll down, and click on EXOD.

5
In your EXOD portfolio, click Deposit.

6
a) In the box where it says "Exodus Wallet Address", paste your Exodus Shares receive address. b) Click Add address. c) After reading the agreement, click the checkbox. d) Then click View Deposit Address.

7
Copy the EXOD deposit address to your clipboard by clicking Copy Address.

In your Exodus wallet:

8
Then navigate back to your Exodus Shares wallet, and click on Send.

9
In the box where it says “Send to Exodus Shares address,” a) paste the EXOD deposit address from tZERO, choose the number of EXIT tokens you want to send, and b) click Send.

In tZERO:

10
If this is your first EXIT token deposit, you will now see a Pending transaction in your EXOD portfolio. If it is your second (or greater) deposit, and you do not see a Pending transaction, please skip to What is Cost Basis Required?

Please note: EXIT token transactions will stay Pending for 1-2 business days.

tZERO keeps regular US stock market trading hours, which are Monday to Friday, 9:30 a.m.to 4 p.m. EDT (except for stock market holidays).


How do I send EXIT tokens to tZERO on Mobile?

In your Exodus wallet:

1
In your Exodus Shares wallet, click on the right arrow to view your Exodus Shares receive address.

2
Copy your Exodus Shares receive address by tapping on the address.

In tZERO:

3
Navigate to tZERO and sign in to your account.

4
From your portfolio page, scroll down, and tap on EXOD.

5
In your EXOD portfolio, tap Deposit.

6
a) Where it says "Exodus Wallet Address" paste your Exodus Shares receive address, and tap Add Address. b) After reading the agreement, tap the checkbox. c) Then tap View Deposit Address.

7
Copy this address by tapping Copy Address.

In your Exodus wallet:

8
Then navigate back to your Exodus Shares wallet, and tap on the left arrow to Send.

9
a) In the box where it says “Tap to paste address,” tap to paste the EXOD address from tZERO, and b) tap Send.

10
On the confirmation screen, slide the arrow to the right to transfer your EXIT tokens!

In tZERO:

11
If this is your first EXIT token deposit, you will now see a Pending transaction in your EXOD portfolio. If it is your second (or greater) deposit, and you do not see a Pending transaction, please skip to What is Cost Basis Required?

Please note: tZERO keeps regular US stock market trading hours, which are Monday to Friday, 9:30 a.m.to 4 p.m. EDT (except for stock market holidays).


What is Cost Basis Required?

For your first EXIT token deposit, tZERO automatically enters a cost basis of 27.42.

For your second (or greater) EXIT token deposit, you will need to manually enter the cost that you paid per share. This information is required for tax reporting purposes.

1
After you send your EXIT tokens to tZERO, a) navigate to the History tab. b) You will see your transaction under Transfer History with the status Cost Basis Required. c) Click on the down arrow to expand the details, then click on d) Add Cost Basis.

2
a) Enter the price you paid per Exodus share, and b) the number of EXIT tokens you sent to tZERO. Then click Save Cost Basis.

3
Now in History you will see your deposit as Pending. Your EXIT tokens will arrive in 1-2 business days!


Why is my transaction still pending?

You may notice that your EXIT token transaction will stay Pending for much longer than a regular blockchain transaction. This is because the transaction will be settled by a clearinghouse

If you send EXIT tokens to tZERO before 21 UTC (5 p.m. EDT), the transaction will be settled by the next business day. If you send your EXIT tokens to tZERO after 21 UTC, your deposit will remain Pending for 2 business days.

If you see your transaction as Pending, rest assured your EXIT tokens are safely on their way to tZERO!

tZERO is available Monday through Friday, 9:30 a.m to 4 p.m. EDT, except for stock market holidays