2. Key Features
Multi-Chain & Token Support
Exodus supports a wide range of blockchains (Ethereum-compatible chains, Bitcoin, Solana via integrated solutions, and many EVM chains), making it easy to hold and transact diverse assets in one place.
Built-in Exchange & Portfolio
Swap assets directly in the wallet with integrated exchange functionality. The portfolio dashboard shows performance, asset allocation, and historical charts to help users track holdings over time.
Cross-Platform Experience
Desktop app + mobile app provides seamless syncing via secure recovery phrases. Desktop users can pair their mobile app for notifications and transaction approvals.
Usability Highlights
- Friendly UX suitable for beginners and experienced users.
- Customizable portfolio views and price alerts.
- One-click receive addresses and QR scanning on mobile.
3. Security & Custody Model
Non-Custodial by Design
Exodus is non-custodial — users control private keys and recovery phrases locally. This means responsibility for key safekeeping lies with the user, which is both empowering and a security requirement.
Recommended Security Practices
- Write down the 12/24-word recovery phrase on paper and store it securely (offline, fireproof/waterproof safe recommended).
- Use a hardware wallet (e.g., Trezor, Ledger) with Exodus Desktop for large balances or long-term storage.
- Enable strong device-level security: OS updates, antivirus, and secure screen lock on mobile devices.
Hardware Wallet Integration
Exodus supports hardware wallet connections for added security. U.S. users holding regulatory-sensitive positions often prefer segregating hot wallet funds (day-to-day spending) from cold storage.
Privacy & Compliance
Exodus emphasizes user privacy but also maintains transparent policies around data handling and compliance. Users in the U.S. should review Exodus’ privacy and terms pages for details about KYC/AML when using integrated exchange services or fiat on-ramps.
4. Getting Started (Step-by-step)
Download & Install
Visit the official Exodus download page and choose Desktop (Windows/macOS/Linux) or Mobile (iOS/Android). Always verify the URL and download checksum if provided.
Create a New Wallet
- Open the app and select "Create New Wallet."
- Set a strong local password (desktop only — this encrypts local data).
- Write down the recovery phrase exactly and store it offline.
Optional: Connect a Hardware Wallet
For enhanced security, connect a supported hardware wallet through the Exodus Desktop app and move large holdings to that device while keeping a smaller hot balance for daily use.
5. Best Practices for U.S. Users
Tax Considerations
Crypto activity in the U.S. is taxable. Keep clear records of transactions, swaps, and airdrops. Exodus’ export tools can help generate CSV transaction histories, but consider using a tax reporting service for complex portfolios.
Fiat On/Off Ramps
Exodus partners with third-party providers for buying crypto with fiat. These services may require KYC; expect identity verification when purchasing directly. Compare fees and limits before using in-app purchases.
Security Hygiene
- Never share your recovery phrase or private keys.
- Beware of phishing sites. Bookmark the official Exodus domain and use that bookmark for future visits.
- Consider splitting funds: hot wallet for active use, hardware/cold wallet for savings.
6. Troubleshooting & Support
Common Issues
Sync issues, missing assets, or swap failures are common support topics. Always check the status page and support articles before contacting support to expedite help.
Contacting Support
Use Exodus Support for guided articles and to submit requests. For security-sensitive issues (lost recovery phrase), Exodus cannot restore keys — those are only stored by the user.
Community Resources
Community forums, Reddit, and official blog posts are useful for learning advanced tips and staying updated on feature rollouts.