Can I use fiat currency like USD/EUR in Exodus?
Currently, Exodus does not support deposits from fiat currency like the US Dollar (USD) or Euro (EUR).
Today, Exodus only supports cryptocurrency and blockchain assets, and it's not possible to link your bank account or debit/credit cards to your Exodus wallet. This means that you are not able to purchase Bitcoin, Dash, Ether, or any other cryptocurrency that Exodus supports using fiat deposits.
The easiest way to get started managing a portfolio of blockchain assets is to buy bitcoin with your national currency (like US dollars) and deposit bitcoin into your Exodus wallet.
For lots of users around the world, the easiest way to purchase some bitcoin with your fiat money is with Coinbase:
Coinbase can be used in over 32 countries around the world and you can find the list of countries Coinbase supports at www.coinbase.com/global.
Please note that all exchanges listed in this article are third-party exchanges. Exodus has no affiliation with any of them and we highly recommend doing your own research first before signing up for any exchange or service.
Where else can I buy or sell crypto for fiat money?
If Coinbase is not available in your area or is unavailable to you, you may want to try some of the following options of other centralised exchanges:
- https://www.kraken.com/ (US)
- https://gemini.com/ (US)
- https://bitcoin.com.au/ (AUS)
- https://www.coinjar.com/au/ (AUS)
- https://www.bitfinex.com/ (Global)
- https://www.bitstamp.net/ (Global)
- https://btcdirect.eu/en-gb (EU)
Are there alternatives to centralised exchanges?
If an exchange is not something you're interested in using, there are other services that can connect buyers to sellers in a peer to peer system:
That allows you to buy Bitcoin in different forms whether that be in person or not, and with different forms of payments such as gift cards, cash, or bank deposits.
Another separate option that is available in some areas around the world are Bitcoin ATM’s that allow you to go to them and purchase Bitcoin with either your debit card or cash, each ATM works slightly different.
To check if there is a Bitcoin ATM in your area: https://coinatmradar.com/
I’ve heard of something called a Stablecoin, what are they?
A stablecoin is a crypto token backed by equal fiat balance held by the issuer which ensures that the value of this asset is always equal to 1 USD and thus they have a “stable” value.
We currently support 5 stablecoins: TUSD, DAI, USDC, GUSD, and PAX.
You can buy and sell Both USDC and GUSD with your fiat money using your Coinbase or Gemini account. Alternatively, if you have other digital assets you can use the Exodus built-in exchange to trade other digital assets for these stablecoins.
This is the closest option Exodus offers for holding fiat currencies. You can read more about stablecoins in this article we wrote.
Each website and form of transfer in this article will work slightly different so we encourage you to explore them all and see what works best for you.
NOTE: Please remember to always check the local laws and regulations when buying and selling fiat and cryptocurrencies.