Beginners Guide to Exodus Wallet: Setup, Security & More

A friendly, step-by-step introduction to the Exodus wallet — how to set it up, secure it, and use it for everyday crypto.

What is the Exodus wallet?

The Exodus wallet is a user-focused cryptocurrency wallet available on desktop and mobile. It lets you store, send, receive, and exchange many cryptocurrencies with an intuitive interface. Exodus emphasizes design and ease-of-use while providing essential security features for beginners.

Who is it for?

Exodus is ideal if you want a simple, visually friendly wallet for managing multiple assets without the steep learning curve of some advanced wallets. It is best for everyday users, hobbyists, and those new to crypto.

Quick setup (Desktop & Mobile)

1. Download & install

Visit the official Exodus download pages and choose your platform. Always download the Exodus wallet from official sources to avoid fake apps.

2. Create a new wallet

Open the app and choose "Create a new wallet". The app will generate a recovery phrase (also called seed phrase). Write this phrase down on paper — never store it in plain text on your computer or cloud storage.

3. Fund your wallet

To receive crypto, copy your receiving address from the Exodus wallet and share it with the sender or use it on an exchange to withdraw funds. Test with a small amount first.

Security essentials for Exodus wallet

Backup & recovery

When you set up the Exodus wallet, Exodus provides a 12- or 24-word recovery phrase. This is your single point of recovery for funds — store it offline and in multiple secure locations.

Important: If someone gets your recovery phrase, they can access your funds. If you lose it and lose access to the device, your funds are gone.

Best practices

Keep software updated

Always update Exodus to the latest released version — updates fix bugs and strengthen security. Check the official download pages for releases.

Using Exodus: Send, Receive & Exchange

Receiving funds

Open the asset in your Exodus wallet, click "Receive", and copy the address. Verify the network matches the token type (e.g., ERC-20 tokens require an Ethereum address).

Sending funds

Click "Send", paste the recipient address, double-check it, set the fee (if available), and confirm. Small test transactions help avoid mistakes.

Built-in exchange

Exodus offers an in-app exchange feature to swap between supported assets. Fees and rates vary — check the details before confirming the swap.

Advanced tips

Connect hardware wallets

Exodus supports connection to some hardware wallets for enhanced security. This combines Exodus's interface with offline private key storage.

Privacy & tracking

Exodus does not custody your keys, but blockchain transactions are public. Use privacy-minded practices if anonymity is a concern (e.g., avoid address reuse).

Official Exodus resources

FAQ — Exodus wallet (Quick answers)

Q: Is Exodus wallet custodial?
A: No — Exodus is a non-custodial wallet. You control your private keys and recovery phrase.
Q: Can I recover my funds if I lose my device?
A: Yes — use your recovery phrase to restore the wallet on another device.
Q: Is Exodus safe for large amounts?
A: Exodus is secure for many users, but for very large holdings consider using a hardware wallet or cold storage alongside Exodus.
Q: Does Exodus charge fees?
A: Exodus doesn't charge custody fees, but network fees and in-app exchange fees apply.
Q: How do I contact Exodus support?
A: Use the Exodus Support Center or the Contact page linked above for official help.