how to purchase bitcoin on exodus wallet

Newcomers to cryptocurrency can purchase Bitcoin through Exodus Wallet by following a four-step process involving account creation, identity verification, placing an order, and confirming the transaction.

Nov 03, 2024 at 03:52 pm

How to Purchase Bitcoin on Exodus Wallet

Step 1: Download and Install Exodus Wallet

1. Visit the Exodus Wallet website (https://exodus.com/) and download the wallet for your operating system (Windows, Mac, Linux, iOS, Android).
2. Install the wallet and create a new account.

Step 2: Verify Your Identity

1. Exodus requires identity verification for Bitcoin purchases.
2. Click on the "Buy Bitcoin" tab in the wallet and select "Verify your identity."
3. Follow the instructions to provide your personal information and submit your documents.
4. Wait for your account to be verified, which typically takes a few minutes.

Step 3: Purchase Bitcoin

1. Once verified, return to the "Buy Bitcoin" tab.
2. Enter the amount of Bitcoin you want to purchase (in USD or your local currency).
3. Select your payment method (credit/debit card, Apple Pay, Google Pay, etc.).
4. Follow the instructions to complete the payment process.

Step 4: Confirm Transaction

1. You will receive a confirmation email or SMS with details of the transaction.
2. Your Bitcoin will be transferred to your Exodus wallet within a few minutes to hours, depending on the payment method used.

Additional Notes:

• Exodus charges a small fee for Bitcoin purchases.
• The minimum purchase amount may vary depending on the payment method.
• You can view your Bitcoin balance and transaction history in the Exodus wallet.
• Exodus allows you to store, send, and receive Bitcoin as well as other cryptocurrencies.