exodus how to create new wallet

Creating an Exodus wallet involves downloading the software, inputting a password, safeguarding a 12-word recovery phrase, and configuring security measures to safeguard digital assets.

Nov 03, 2024 at 10:08 am

How to Create a New Exodus Wallet

Exodus is a popular cryptocurrency wallet that allows you to store, send, and receive Bitcoin, Ethereum, and other digital assets. Creating a new Exodus wallet is a simple and straightforward process that can be completed in a few minutes.

Step 1: Download the Exodus Wallet

To get started, download the Exodus wallet from the official website at exodus.com. The wallet is available for Windows, Mac, and Linux.

Step 2: Install the Exodus Wallet

Once the download is complete, open the installation file and follow the on-screen instructions to install the wallet.

Step 3: Create a New Wallet

When you launch Exodus for the first time, you will be prompted to create a new wallet. Click on the "Create a New Wallet" button.

Step 4: Set a Password

Enter a strong password that you will use to access your wallet. It is important to choose a password that is both secure and easy to remember.

Step 5: Back Up Your Wallet

Exodus will now create a 12-word recovery phrase. This phrase is very important, as it allows you to recover your wallet if you ever forget your password or lose your device. Write down the recovery phrase on a piece of paper and store it in a safe place.

Step 6: Confirm Your Recovery Phrase

Exodus will ask you to confirm your recovery phrase. Enter the words in the correct order. This helps to ensure that you have saved the phrase correctly.

Step 7: Your Wallet is Ready

Once you have confirmed your recovery phrase, your Exodus wallet will be ready to use. You can now add funds to your wallet and start sending and receiving cryptocurrency.

Tips for Keeping Your Exodus Wallet Secure:

• Use a strong password and do not share it with anyone.
• Keep your recovery phrase secret and stored in a safe place.
• Enable two-factor authentication for added security.
• Update your Exodus wallet regularly to the latest version.
• Be careful not to click on suspicious links or download untrusted files.