How to add a custom token to Exodus Wallet?

Adding a Custom Token to Exodus Wallet: Step-by-Step Guide

Exodus Wallet supports a wide range of cryptocurrencies, but not every token is automatically listed. When dealing with newly launched or less common tokens, users often need to manually add them as custom tokens. This process allows you to view and manage assets that aren't preloaded in the wallet interface.

1. Open the Exodus Desktop ApplicationEnsure you are using the latest version of the Exodus desktop app, as mobile versions currently do not support adding custom tokens. Launch the application and unlock your wallet using your password or biometric authentication.

2. Navigate to the Wallet TabClick on the 'Wallet' tab located at the top of the interface. This section displays all your supported assets. Scroll down and locate the search bar. Type the name of the token you wish to add. If it doesn’t appear, proceed to manually add it.

3. Access the Manage Assets MenuAt the bottom of the asset list, click on “Show More” or “Manage Assets.” A new window will open, displaying all available tokens. Use the search function again. If your token still isn’t visible, look for an option labeled “Add Custom Token” or similar, usually found at the bottom of the list.

Required Information for Adding a Custom Token

To successfully integrate a new token, precise blockchain details must be entered. Incorrect data can lead to loss of access or misrepresentation of balance.

1. Network Selection – Choose the correct blockchain network where the token operates. Most custom tokens are built on Ethereum (ERC-20), Binance Smart Chain (BEP-20), or Polygon (ERC-20 compatible). Selecting the wrong network renders the token unusable.
2. Token Contract Address – Paste the official smart contract address of the token. This string of characters uniquely identifies the token on its blockchain. Always verify this address through the project’s official website or trusted community channels like Discord or Telegram.
3. Token Symbol – Enter the ticker symbol used by the token, such as “UNI” or “LINK.” This determines how the asset appears in your wallet.
4. Decimals – Input the number of decimal places the token uses. Most ERC-20 tokens use 18 decimals, but this varies. The correct value ensures accurate balance display.
5. Name and Logo (Optional) – Some versions allow you to assign a custom name and upload a logo for better identification within the wallet.

Verifying and Confirming the Addition

After entering all required fields, review each detail carefully before confirming. One incorrect character in the contract address can result in irreversible consequences.

1. Click “Add Token” or “Save” after completing the form. The wallet will attempt to fetch token data from the blockchain.
2. Wait briefly for confirmation. If successful, the token will appear in your wallet dashboard under the appropriate network.
3. Check the displayed balance. If it shows zero despite knowing you own tokens, ensure the receiving address matches the one holding the funds.
4. Send a small test transaction first. Before moving large amounts, transfer a minimal quantity to confirm functionality and visibility.
5. Monitor transaction history. Once added, all incoming and outgoing transfers related to this token should reflect correctly in the activity log.

Security Considerations When Adding Custom Tokens

Introducing unknown tokens carries inherent risks, especially in decentralized finance environments where scams are prevalent.

1. Never add tokens based on unsolicited messages or social media posts. Scammers often distribute fake contract addresses that mimic real projects.
2. Cross-check the contract address across multiple reliable sources. Official websites, verified GitHub repositories, and blockchain explorers like Etherscan or BscScan should all display the same address.
3. Beware of phishing sites. Fake versions of legitimate platforms may display manipulated contract information designed to steal funds.
4. Avoid granting unnecessary permissions. Some malicious tokens require approval transactions that give them spending rights over other assets in your wallet.
5. Disable the token immediately if suspicious behavior occurs. Within Exodus, you can hide or remove custom tokens from view to prevent accidental interactions.

Frequently Asked Questions

Can I add custom tokens on the Exodus mobile app?No, the feature to add custom tokens is only available on the Exodus desktop application. Mobile users must wait for synchronization from the desktop side or rely on native support.

What happens if I enter the wrong contract address?The wallet may display an invalid balance or fail to recognize the token. In some cases, funds could become inaccessible. Always double-check the address before saving.

Will adding a custom token expose my private keys?No. Adding a token does not involve sharing or exposing your private keys. The action only configures the wallet interface to monitor a specific smart contract balance linked to your public address.

How do I remove a custom token from Exodus?Go to Manage Assets, find the token in your list, and select the option to hide or remove it. This removes it from view but does not affect the actual funds stored on the blockchain.