What are the steps to set up Exodus cold storage for my cryptocurrencies?

3 answers

• Michat MurahApr 03, 2023 · 2 years ago
  Sure! Setting up cold storage for your cryptocurrencies using Exodus is a great way to enhance the security of your digital assets. Here are the steps you can follow: 1. Download and install Exodus wallet on your computer. 2. Launch the Exodus wallet and create a new wallet by following the on-screen instructions. 3. Once your wallet is set up, click on the 'Wallet' tab and select the cryptocurrency you want to store in cold storage. 4. Click on the 'Receive' button to generate a receiving address for the selected cryptocurrency. 5. Transfer your cryptocurrencies from the exchange or any other wallet to the generated receiving address. 6. After the transfer is confirmed, disconnect your computer from the internet to ensure offline storage. 7. Store the private key or recovery phrase provided by Exodus in a secure offline location, such as a hardware wallet or a piece of paper. By following these steps, you can set up cold storage for your cryptocurrencies using Exodus and keep them safe from online threats.
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• Akshay GuptaJan 27, 2022 · 4 years ago
  No problem! Here's a simple guide to help you set up cold storage for your cryptocurrencies using Exodus: 1. Download and install the Exodus wallet on your computer. 2. Open the Exodus wallet and create a new wallet by following the instructions. 3. Once your wallet is set up, click on the 'Wallet' tab and choose the cryptocurrency you want to store. 4. Click on the 'Receive' button to generate a receiving address for that cryptocurrency. 5. Transfer your cryptocurrencies from the exchange or any other wallet to the generated receiving address. 6. Disconnect your computer from the internet to ensure offline storage. 7. Safely store the private key or recovery phrase provided by Exodus in a secure location. That's it! Your cryptocurrencies are now securely stored in cold storage using Exodus.
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• Sunayana PhadtareMay 31, 2021 · 4 years ago
  Setting up cold storage for your cryptocurrencies using Exodus is a smart move to protect your digital assets. Here's a step-by-step guide: 1. Start by downloading and installing the Exodus wallet on your computer. 2. Open the Exodus wallet and create a new wallet by following the prompts. 3. Once your wallet is set up, navigate to the 'Wallet' tab and select the cryptocurrency you want to store. 4. Click on the 'Receive' button to generate a receiving address for that cryptocurrency. 5. Transfer your cryptocurrencies from the exchange or any other wallet to the generated receiving address. 6. Disconnect your computer from the internet to ensure offline storage. 7. Safely store the private key or recovery phrase provided by Exodus in a secure place. By following these steps, you can set up cold storage for your cryptocurrencies using Exodus and have peace of mind knowing that your assets are safe.
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