Exodus is one of the most popular cryptocurrency wallets, and for good reason. It’s user-friendly, accessible, free, and supports a wide breadth of crypto assets. If you’re a beginner with cryptocurrency, it makes sense that it would be at the top of your list. With that in mind, here’s how to get started using the Exodus wallet if you need a little more help.
One of the main appeals to owning crypto assets is that you can store it in an offline wallet, with no intermediary needed. Unfortunately, Robinhood makes this process impossible because they sell the ability to invest in crypto but not the actual tokens. This means that in order to securely store crypto in a wallet, you will have to sell your position on Robinhood and repurchase it at a physically delivered crypto exchange.
After Exodus is installed on your computer, the most important thing to do is to set up security features — including a password and back up for your wallet. You are able to deposit and withdraw without doing so, but if anyone was to access your computer they would be able to send your money anywhere.
After your Exodus wallet is installed and secured, it’s time to deposit your assets, and to do that you need to enable them. Exodus supports over 100 coins, but they are not all instantly available. Here’s how ot enable assets that are not in the wallet tab by checking some settings.
Along with managing funds, the primary function of your Exodus wallet is to be a safer place to store assets than an exchange. Add Exodus security features before depositing funds.