If you have wrapped SOL (wSOL) you may need to unwrap it back to SOL as not every exchange or platform accepts the wrapped version. The good news is unwrapping wSOL is simple and only takes a few steps in the Phantom wallet.
- In your Phantom wallet, click the Wrapped SOL token.
- Tap the “…” icon on the top right.
- Click “Unwrap All”
Your wSOL will instantly be converted back to SOL. Note you need to have a small amount of unwrapped SOL in your wallet to pay for the conversion fee.
If you don’t have or don’t want to use Phantom, you can also go to a Solana DeFi exchange like Step.Finance and swap between wSOL and SOL.
Can You Send wSOL to a SOL Address?
No, do not send wrapped SOL to a SOL address. They are two different tokens, so the exchange will not receive them and you will not be credited with the amount.
If you mistakenly sent wSOL to Binance, FTX, Kucoin or another address, you’ll have to contact their customer support team. This can take a while and may come with a fee.
Before sending any crypto, it’s recommended you always send a small amount as a test transaction to avoid such mistakes.