Exodus wallet is a non-custodial multi-cryptocurrency wallet and is available for both desktop and mobile devices. In this guide, we will be discussing how to use the Exodus wallet for Android?
How to download and Instal Exodus Wallet?
In order to download Exodus Wallet for Android, you need to visit Google playstore and search for it or click here. It has more than 100k plus download and is rated 4.7 stars.
It takes only 30MB of your device’s memory. At the time of writing this article, it was last updated in the month of June 2020. As per the updated news, ALGO was added with built-in staking.
After the download is completed it will automatically get installed like all other apps on Android. After the installation is completed and when you tap on its icon the first screen that you will see is shown below.
How to use the Exodus wallet Android app?
There are three menus that will appear at the bottom of the android app screen. The first is by default highlighted and displays your portfolio balance and individual waller balances. The second one is the exchange menu which when you tap opens a new screen as shown in the below image.
There is a minimum value to exchange any cryptocurrencies. The minimum value can be checked by tapping on Min and the maximum value can be checked by tapping on Max.
At the top right-hand side corner of this screen, you can see a clock icon. When you tap this icon it will display the exchange history. You can replace the cryptocurrency by tapping on the crypto ticker. The icon in between the ticker is for confirming the exchange.
You can exchange almost all major cryptocurrencies using the Exodus wallet for android. You can check the list of all supported cryptocurrencies here.
The last menu is the profile menu when you tap on it a new screen opens up as shown in the below image.
This menu consists of submenus like Security, Setting, and Support. From this screen, you can also enable and disable crypto assets. You can also enable and disable Ethereum assets when you scroll down a little bit more as shown in the image below.
How to create a backup of the Exodus wallet?
Go to Security:
Here you can create your backup, secure the wallet with a passcode, and with a fingerprint scanner. As soon as you create your wallet it is recommended to create a backup with a 12-word security phase as it is the only way to recover your funds.
How to enable notification?
Go to Settings:
Here you can enable notification whenever you receive funds into your wallet, play sound whenever sending, receiving, and exchanging funds. You can also set preferred local currency.
The best feature of the Exodus android wallet is that you can sync it with the desktop wallet here. You can also restore and delete the wallet here.
How to contact support?
Go to Support:
It is here that you will be able to contact the Mobile support team by tapping on it, learn about the Exodus wallet, and check for the status update.
Exodus wallet Staking:
Exodus wallet for android is a multi-cryptocurrency wallet that also supports staking. Proof of stake coins that you can stake using the Exodus wallet are –
- NEO – 2% Yearly interest
- EOS – Click to know about EOS staking
- ONT – 3.5% Yearly interest
- XTZ – 6% Yearly interest
- TRX – 4% Yearly interest
- DASH – 6.5% Yearly interest
- ATOM – 8% Yearly interest
- VET – 1.5% Yearly interest
To know more about Staking on the Exodus wallet you can visit Staking at Exodus blog.
How to send and receive cryptocurrencies?
In order to send and receive cryptocurrencies to & from your wallet you need to first open the wallet and on the Portfolio screen tap on the crypto assets that you want to send or receive. It will open up a new screen as shown in the image below.
In the above image adjacent to the USD value of Bitcoin on both sides, there are two icons. The icon on the left-hand side which has an arrow pointing upwards is for sending cryptocurrency in this case it is Bitcoin.
When you tap on that icon a new screen pops up as shown in the image below. Enter all the details mention there and then click on Next at the bottom. In the next screen, you will be notified about the fee and will be asked to confirm the details once again.
When you tap on the icon that is on the right-hand side that has an arrow pointing downwards, it opens up a new screen where you will find your receiving address and the QR code as shown below.
How to view the Private key on the Exodus Wallet app?
In order to view the Private key of any of the listed cryptocurrency wallets, you have to first tap on the cryptocurrency assets whose private key you want to view. This will open up the send/receive cryptocurrency screen.
At the top right-hand side corner of that screen, you will see a gear icon. When you tap that icon you will see the Advanced options screen, here you will find two submenus.
The first one is Add Bitcoin from Private keys and Multiple Bitcoin addresses. If you tap on the first submenu it will reveal the Private key of that cryptocurrency wallet.
Conclusion:
Exodus wallet for android has one of the best user interfaces. It is very smooth and fast to operate and you will just love its graphics. I personally do not recommend users to store a large sum of cryptocurrencies in its mobile wallet.
It also has a desktop version which is considered one of the best desktop wallets to store multi cryptocurrencies. The best part about this wallet is that you can sync the mobile wallet with the desktop. You can read this article to know how you can do that?
How do I sync my Desktop wallet to a Mobile wallet?
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