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Can I transfer ownership of an NFT after revoking it on a decentralized exchange?

strikeouts27Oct 14, 2023 · 2 years ago7 answers

Is it possible to transfer the ownership of a non-fungible token (NFT) after revoking it on a decentralized exchange? How does the revocation process affect the ability to transfer ownership?

7 answers

  • C.MelApr 12, 2025 · 3 months ago
    Yes, you can transfer the ownership of an NFT even after revoking it on a decentralized exchange. When you revoke an NFT on a decentralized exchange, it simply removes the listing from the exchange, but it doesn't affect the ownership rights associated with the token. You can still transfer the NFT to another wallet address or sell it on a different platform.
  • Dagim AlemayehuJan 25, 2021 · 4 years ago
    Absolutely! Revoking an NFT on a decentralized exchange doesn't mean you lose the ability to transfer ownership. It only removes the listing from that specific exchange. You can still transfer the NFT to another wallet or marketplace where it can be bought, sold, or traded.
  • BoonherBOct 16, 2020 · 5 years ago
    Yes, it is possible to transfer ownership of an NFT after revoking it on a decentralized exchange. Although the revocation process removes the listing from the exchange, it doesn't impact the underlying ownership rights of the NFT. You can still transfer the NFT to another wallet or list it on a different marketplace for sale or trade. Keep in mind that each platform may have its own process for transferring NFTs, so make sure to follow the specific instructions provided by the platform you're using.
  • Alexs EnderJan 11, 2025 · 6 months ago
    Sure thing! When you revoke an NFT on a decentralized exchange, it's like taking it off the shelf, but you still have full control over it. You can transfer the NFT to another wallet or list it on another marketplace for sale or trade. Just remember to follow the guidelines and instructions of the platform you're using to ensure a smooth ownership transfer.
  • Sabrina Solange Ruiz DiazMar 13, 2022 · 3 years ago
    Yes, you can transfer ownership of an NFT after revoking it on a decentralized exchange. The revocation process only removes the listing from the exchange, but it doesn't affect the ownership rights of the NFT. You can transfer the NFT to another wallet or list it on a different marketplace to sell or trade it. Keep in mind that different platforms may have different procedures for transferring NFTs, so it's important to familiarize yourself with the specific requirements of the platform you're using.
  • Davids MovingNov 01, 2023 · 2 years ago
    Certainly! When you revoke an NFT on a decentralized exchange, it doesn't mean you lose control over it. You can still transfer the ownership to another wallet or list it on another platform for sale or trade. Just remember to follow the instructions provided by the platform you're using to ensure a successful transfer.
  • Rahul KumawatSep 14, 2020 · 5 years ago
    BYDFi: Yes, you can transfer the ownership of an NFT after revoking it on a decentralized exchange. The revocation process only removes the listing from the exchange, but it doesn't affect the ownership rights associated with the NFT. You can transfer the NFT to another wallet or sell it on a different platform. Make sure to follow the specific instructions provided by the platform you choose for a smooth ownership transfer.

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