How do I get started with Exodus?

Welcome to Exodus— a multi-asset cryptocurrency wallet designed to empower you with financial autonomy!

In this article, we explain the steps needed to use your wallet so you can begin controlling your wealth.


In this Article:


Getting started on Desktop:

Images and instructions in this article are using the new Exodus App Navigation - you can turn it on or off in Settings > Apps. Read more about how the App Nav works here

Download Exodus

You can download Exodus as a solution to store multiple digital assets (cryptocurrencies) without giving up control of your wealth to a third-party. If you want some extra help to install Exodus please check out this article.

Exodus is a software that runs locally on your computer and enables you to manage your blockchain portfolio. No account signup is required. Everything is stored and encrypted on your own hard drive.

Backup your wallet to keep it safe

When you first download Exodus,  it will prompt you to go through the backup process which includes creating a password for your wallet. 

You will also receive the (randomly generated) 12-word secret “recovery phrase” of your wallet. This is a secret phrase that functions as a master key to all of your assets. With these 12 words, you will be able to access your balance from anywhere in the world or even transfer all your funds to another wallet if you wish. It will also give you access to your wallet if you forget your password or lose access to your computer (and Exodus) for some reason! 

Write this secret phrase down on paper and store it safely offline! Do not store a digital copy of it.

Once you have done a backup and chosen your password, you will be asked to enter your self created password each time you want to log in to your Exodus wallet. To log out, you simply close the Exodus app window. Upon closing it, your assets and wallet files will remain encrypted by your password.

Receive your first deposit

Now that your wallet is safely backed up, you can start by receiving any blockchain asset that Exodus supports.

If you don't currently hold any crypto, you will need to acquire some before using Exodus. Exodus is a crypto to crypto platform and does not interact with the traditional financial system. You'll have to use another service to buy crypto if you don't already have some. There are many services (local exchanges) that will help you turn your fiat money like USD, EUR, CAD, etc into crypto-currencies. Do not hesitate to research local services running in your country. Coinbase, Gemini and Kraken are among the most popular options for people in the US and in the EU.

Exchange

One of the most popular features in Exodus is the instant exchange feature which enables you to securely and quickly exchange assets directly from your wallet. You can trade between 70+ fully supported blockchain assets. No sign-up or account creation is necessary. Exodus makes it easy to exchange from the privacy and comfort of your wallet with just a few clicks. 


Getting started on Mobile:

Download Exodus

You can download Exodus for your iOS running running iOS 10 and above,.or your Android Device running Android 8.0 oreo and above. You can find our app on the Apple App store or Google play store and on our website.

Once you have downloaded Exodus to your mobile device, you will see a small tutorial on how to use the app and get familiar with our wallet!

Backup your wallet to keep it safe

 Once you have had a look around the Exodus wallet and you like it, it is time to go through the backup. During the backup process you will receive your (randomly generated) secret phrase of your wallet. This is a secret phrase that functions as a master key to all of your assets, if you would like to know more about your secret phrase then please check out this article: 12-word secret “recovery phrase”

Please go through the full backup process which you can find here: Mobile: How do I backup my wallet and set a passcode

Receive your first deposit

Now that your wallet is safely backed up, you can start by receiving any blockchain asset that Exodus supports.

If you don't currently hold any crypto you will need to acquire some, if you own an iOS device that supports Apple Pay then you can buy some Bitcoin directly inside of the wallet! If you are using an android then you will have to find somewhere else to get some crypto for now.

Exchange

One of the most popular features makes its way into Exodus mobile too and that is the instant exchange feature!

You can securely and quickly exchange assets directly from your wallet. You can trade between 70+ fully supported blockchain assets. No sign-up or account creation is necessary. Exodus makes it easy to exchange from the privacy and comfort of your wallet with just a few taps. 


A note on security

Exodus gives you the power to control your digital wealth, this is why we do not store any of your personal information nor your wallet files on our servers. That's right, we cannot even see your balances unless you share this information with us. Our goal is to educate and empower people so they can be their own banks. You control all your private keys and nobody will ever be able to freeze, seize or access your funds. This is financial sovereignty. 

This is why being security-minded is vital. You have all the power but also the full responsibility for your assets. Your wallet files are stored on your hard drive under heavy encryption, but your wallet is only as secure as the computer it is running on.

The first thing you should learn about cryptocurrencies is how to keep them safe.

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