Okay, so the biggest screw up I see newbies make? They download the app, create a wallet, and skip backing up their recovery phrase. Boom. Phone dies, app wipes, and poof-your crypto's gone forever. No customer support's gonna bail you out. It's non custodial, meaning you're the boss.. and the only one responsible.
In my experience, just take 30 seconds right after setup to write down those 12 words on paper. Not on your phone notes. Not in a screenshot. Paper. Hide it safe. Why does this matter? Because that's your master. Lose it, and you're toast.
Look, app stores are full of fakes. Scammers love slapping "Exodus" on sketchy clones. So first thing: head to your Google Play or App Store, search "Exodus: Crypto Wallet." Make sure it's by Exodus Inc. over 10 million downloads, 4.5+ stars. Or hit exodus.com/mobile on your phone's browser-they link straight to the official one.
Install it. Super quick. Once it's on, open up. You'll see two buttons: "Create new wallet" or "I already have a wallet." If you're starting fresh-like most folks-tap Create new wallet. Boom, it generates everything behind the scenes. No hassle.
Pretty much instant. I usually skip the slides-too eager to get funds in.
Now, security. Tap that little person icon bottom right. Goes to your profile. Hit Security. Set a 6-digit passcode. It'll ask for Face ID or fingerprint too-say yes. Super handy, but remember: that's phone specific. Switch devices? You'll need your phrase.
The thing is, every transaction might ping for this. Annoying at first, but beats hackers. And toggle "Multiple addresses" in send screens later-changes 'em up for privacy. I always do.
Honest truth: screenshot it only as last resort, then delete the pic fast. Better yet, split across two safe spots. Like, 6 words in a fireproof box, 6 with family. Sound paranoid? It saved my ass once when my phone bricked.
Alright, fun part. Home screen's your dashboard-shows assets like BTC, ETH, SOL, USDC, whatever. No balance yet? Pick one. Say Bitcoin. Swipe or tap it, hit the down arrow icon (top rightish, looks like receive).
QR code pops. Address below. Copy it. Head to your exchange-Binance, Coinbase, whatever. Withdraw to that address. Match networks! BTC's simple-one chain. But USDT? Pick ETH, BSC, or whatever Exodus shows.
Fees? Exchanges charge theirs, like 0.0005 BTC min. Network gas is tiny-~0.000005 SOL or ETH usually. Wait 10-30 mins. Refresh Exodus. There it is. Magic.
Funds not showing? Check network match. Wrong chain = lost forever. Progress bar stuck? Force close app, reopen. Still nada? Wait longer-blockchain syncs slow sometimes.
Another gotcha: minimums. Can't receive dust amounts. Like BTC needs ~$10 equivalent usually. Why? Network rules.
Gas fees fluctuate. Right now, ETH ~5-20 gwei (pennies). SOL stupid cheap, like 0.000005 SOL per tx. BTC higher when busy. Always have extra native coin for gas.
| Asset | Typical Gas Fee | Pro Tip |
|---|---|---|
| BTC | ~$1-10 | Use Legacy toggle if old address |
| ETH/USDT (ERC20) | ~$2-20 | Hold ETH for gas |
| SOL/USDC | ~0.000005 SOL | Fastest, cheapest |
| BNB (BSC) | ~$0.10-1 | Great for cheap DeFi |
Table's handy, right? Saved me overpaying fees tons. Paste address wrong? Tx fails, but funds safe minus gas burn.
Want balances across devices? Profile > Settings > Sync devices. Pick computer or mobile. Desktop Exodus open? Scan their QR. Imports portfolios-same phrase, different views.
Trezor hardware? Set it up on desktop first, sync mobile. Shows as view only portfolio. Can't send from phone-safer. Tap wallet icon (not home), switch portfolios. Red dot top left toggles 'em. I run Trezor sync always-peace of mind.
Multiple portfolios? Turn on in settings. Keeps things separate. Like one for trading, one HODL.
Don't wanna exchange? Swap direct. Home screen, tap swap icon (middle bottom). Pick from/to-like BTC to ETH. Enter amount. Rates live, slippage ~0.5-1%. Fees baked in, tiny.
Why bother? No KYC, instant ish. But check rates-sometimes better on DEX. I swap small amounts here all the time. Smooth.
DeFi fan? Profile > WalletConnect or Web3 (newer, easier). Scans QR from Uniswap, Aave, whatever. Or built in browser: home > DApps tab. Search, connect direct. No seed sharing.
Pro move: Web3 over WalletConnect lately-less hassle. Test with small tx first. Gas still needed.
Separate setup in app-BTC Lightning wallet. Instant, near free tx. Enable in assets. Different phrase. Fun for daily BTC spends.
Bottom icons: Home (assets), Wallet (portfolios/switch), Swap, DApps, Profile. Currency toggle in settings-USD, EUR, BTC value. Dark mode? There too.
Hide assets you don't use-swipe left on 'em. Clutter free. Portfolios let you track multiple wallets without mixing.
One paragraph no lists: Honestly, the portfolio switch blew my mind first time. Top left hamburger after enabling-tap Exodus, Trezor, whatever. Balances side by side. Perfect for multi setup without chaos. And history? Swipe asset > clock icon. All tx logged. Export if needed.
Support's in app chat. Helpful, but slow. Forums too. In my experience, 90% fixable yourself.