Getting Started | Exodus Knowledge Base

Welcome to the Exodus Knowledge Base Getting Started guide. This article is designed to help new users understand the basics of Exodus, how it works, and how to begin using it safely and confidently. Whether you are completely new to cryptocurrency or moving from another wallet, this guide will walk you through the essential first steps.

Exodus is a self-custody cryptocurrency wallet, which means you control your private keys and your funds. Unlike centralized platforms, Exodus does not hold your assets or require you to create an account with personal information. Everything is managed directly on your device, giving you full ownership and responsibility over your crypto.

The first step in getting started with Exodus is installing the wallet. Exodus is available on desktop and mobile devices. After installation, the wallet automatically creates a new wallet for you. There is no sign-up process, email requirement, or identity verification. Once the app opens, you will see a clean dashboard that displays your portfolio and supported assets.

One of the most important steps during setup is securing your wallet. Exodus provides a secret recovery phrase, also known as a backup phrase. This phrase is the only way to restore your wallet if your device is lost, damaged, or replaced. You should write this phrase down on paper and store it in a safe, offline location. Never share it with anyone, and never store it digitally in screenshots, cloud storage, or email.

After securing your recovery phrase, you can add extra protection by setting a strong password and enabling additional security features available on your device. This helps protect your wallet from unauthorized access if someone gains physical access to your phone or computer.

Once your wallet is set up, you can start receiving cryptocurrency. To receive funds, select the asset you want, choose the receive option, and copy your wallet address or scan the QR code. Always double-check the asset type and network before sending funds, as sending crypto to the wrong address or network may result in permanent loss.

Exodus also allows you to send cryptocurrency easily. To send funds, select the asset, enter the recipient’s address, choose the amount, and confirm the transaction. Before confirming, review all details carefully, including the address and network fees. Transactions on the blockchain cannot be reversed.

The wallet includes a built-in exchange feature that allows you to swap one asset for another directly within the app. This feature is convenient for beginners, as it removes the need to use external platforms. However, it is important to understand that exchange rates and fees may vary depending on network conditions and liquidity.

Exodus supports a wide range of cryptocurrencies and is updated regularly to include new assets and features. You can manage multiple assets from one wallet, track your portfolio value, and view transaction history in a single interface.

Another helpful feature for beginners is the built-in help and support section. The Exodus Knowledge Base contains guides, troubleshooting articles, and security tips to help you understand the wallet and resolve common issues. While Exodus offers customer support, they will never ask for your recovery phrase or private keys.

As you continue using Exodus, it is important to practice good security habits. Keep your software updated, avoid clicking suspicious links, and be cautious of scams or impersonators. Remember that with self-custody comes full responsibility for your funds.

Getting started with Exodus is simple, but taking the time to understand the basics is essential. By securing your recovery phrase, learning how to send and receive assets, and following best security practices, you can confidently begin managing your cryptocurrency with Exodus.