A friendly, step-by-step walkthrough for new users to set up Exodus Web3 Wallet, create a secure login password, add assets, and adopt practical security habits.
What is Exodus Web3 Wallet?
Exodus Web3 Wallet is a user-focused cryptocurrency wallet and Web3 gateway that lets you store, send, receive, and interact with decentralized applications. This guide helps beginners get started quickly and securely.
Before you begin
Use a secure, personal device—preferably your own laptop/desktop. Avoid public/shared computers.
Ensure you have a private, uninterrupted 15–30 minutes to follow the setup steps and write down recovery details carefully.
Keep a pen and paper ready to record your recovery phrase (never store it digitally in plain text).
Step 1 — Download and install
Go to the official Exodus website and download the Web3 Wallet extension or desktop app. Confirm the domain is the official Exodus domain before downloading.
Install the extension or application following the platform prompts. Grant only necessary permissions.
Tip: Confirm checksums or official store listings where available. If unsure, stop and verify.
Step 2 — Create your wallet
Open Exodus and choose Create New Wallet.
Exodus will generate a recovery phrase (seed). Write it down in order, on paper, and store it in a safe place. This phrase is the ultimate backup for your funds.
Do not photograph or copy the recovery phrase to cloud storage or email. Physical backups are strongly recommended.
Step 3 — Set your login password (important)
During setup you will be prompted to create a login password. This password protects local access to your wallet on that device. Follow these best practices:
Choose a long passphrase (12+ characters) combining upper/lowercase letters, numbers, and symbols—think of a short sentence you can remember.
Never reuse a password used elsewhere (email, social, banking).
Use a password manager to generate and store complex passwords securely—this reduces reuse and weak-password risks.
Remember: the login password protects only the local app access. The recovery phrase is required to restore funds on a new device; protect both.
If you forget your login password, you can restore access using your recovery phrase on any compatible Exodus installation or supported wallet — so secure the phrase first.
Step 4 — Add funds and manage assets
To receive crypto, open Receive, choose the asset, and copy the address shown. Always verify the address before sending.
To buy crypto inside Exodus, use integrated fiat on-ramp partners (where available) and follow their KYC/verification steps.
When sending, paste the address into Exodus, double-check it, and consider sending a small test amount first for new addresses.
Step 5 — Connect to Web3 and dApps
Exodus Web3 enables connecting to decentralized apps (dApps) via the browser extension. Only connect to dApps you trust and verify the URL first.
When an app requests permissions (signing transactions or viewing addresses), read each request carefully and grant the minimum necessary permissions.
Security checklist
Keep your recovery phrase offline and in multiple secure physical locations if needed.
Enable device-level security (OS password, full-disk encryption) to add a layer of protection for local data.
Be cautious with browser extensions and permissions; remove unknown or unused extensions.
Regularly update Exodus app/extension to receive security patches and improvements.
Troubleshooting & tips
If you lose access to your device, use your recovery phrase on a new install to restore your wallet.
If a website or email claims to be Exodus support and asks for your recovery phrase—this is a scam. Exodus support will never ask for your recovery phrase or private keys.
Consider creating a secondary watch-only wallet for daily checking that does not hold funds (shows balances without private keys).
Quick FAQ
Q: Can I change my login password later? A: Yes — change it in the app settings. If you forget it, restore using your recovery phrase.
Q: Is Exodus custodial? A: No — Exodus is a non-custodial wallet: you control the private keys via your recovery phrase.
Q: Where should I store my recovery phrase? A: Offline in a secure physical location (safe, safety deposit box, etc.).