How to add a custom token in Exodus?

Adding a Custom Token in Exodus Wallet

Exodus is a popular multi-asset cryptocurrency wallet that supports a wide range of tokens. While most commonly used tokens are automatically available, users sometimes need to add custom tokens not listed by default. This process allows access to newly launched or niche digital assets that aren't yet integrated into the main interface.

Steps to Manually Add a Token

1. Open the Exodus desktop or mobile application and unlock your wallet.
2. Navigate to the 'Assets' section and locate the search bar at the top.
3. Type the name or contract address of the token you wish to add.
4. If the token does not appear, select the option labeled “Add Custom Token” or tap the '+' symbol.
5. Enter the required details including the token’s contract address, name, symbol, and decimal precision.
6. Confirm the information and save the token to your asset list.

Important Information for Safe Token Addition

1. Always verify the contract address from a trusted source such as the official project website or verified social media channels.
2. Incorrectly entering a contract address may result in permanent loss of funds or display of invalid balances.
3. Ensure the number of decimals matches the actual token standard; using the wrong value can misrepresent your holdings.
4. Avoid adding tokens from unverified sources, as malicious contracts can pose security risks even if they don’t directly steal funds.
5. Once added, the token will appear in your portfolio and can be sent or received like any other supported asset.

Compatibility and Network Considerations

1. Exodus supports custom tokens primarily on networks like Ethereum (ERC-20), Binance Smart Chain (BEP-20), and Polygon (ERC-20 compatible).
2. The wallet does not support custom tokens on every blockchain—only those with established integration.
3. Make sure the custom token exists on a network already active in your Exodus wallet.
4. If the associated network isn't enabled, activate it first before attempting to add the token.
5. Gas fees for transactions involving custom tokens are paid in the native coin of the respective network (e.g., ETH for Ethereum-based tokens).

Frequently Asked Questions

Q: Can I remove a custom token after adding it?Yes, you can hide or remove a custom token from view within the settings menu. This action does not affect your actual balance—it only removes it from the display list.

Q: Why doesn’t my custom token show a correct balance?This issue typically arises from an incorrect contract address or mismatched decimal value. Double-check both entries against reliable sources and re-add the token if necessary.

Q: Are custom tokens backed by Exodus support?Exodus does not provide support for custom tokens since they are user-defined. The responsibility lies with the user to ensure accuracy and legitimacy.

Q: Do custom tokens appear in Exodus exchange services?No, custom tokens cannot be swapped through the built-in exchange feature unless officially added to the supported asset list by Exodus.