Why Choose Exõduś for Cold Storage Security?
In the rapidly evolving world of cryptocurrency, security is paramount. Hardware wallets like the Exõduś Web3 Wallet provide the highest level of protection for your digital assets by keeping your private keys completely offline, away from internet-connected devices that are vulnerable to hacking attempts.
With years of experience in blockchain security, our team has designed the Exõduś Web3 Wallet to combine enterprise-grade security with user-friendly operation. This guide will walk you through the proper setup process to ensure your Bitcoin, Ethereum, and other cryptocurrencies remain secure.
Step-by-Step Exõduś Web3 Wallet Setup
1 Unbox and Inspect Your Device
When your Exõduś Web3 Wallet arrives, carefully unbox it and verify that all security seals are intact. Ensure the package contains the hardware wallet device, recovery seed card, USB-C cable, and quick start guide. Never use a device with broken security seals.
2 Connect and Initialize
Connect your Exõduś Web3 Wallet to a trusted computer using the provided USB-C cable. Follow the on-screen instructions to set a strong PIN code (at least 8 digits). This PIN will be required every time you access your wallet.
3 Generate and Secure Your Recovery Phrase
Your Exõduś will generate a 24-word recovery phrase. This is the most critical piece of your security setup. Write down each word in exact order on the provided recovery card. Never store this phrase digitally or share it with anyone.
4 Verify Your Recovery Phrase
The device will prompt you to verify your recovery phrase by selecting words in the correct order. This step ensures you've properly recorded your backup. Complete this verification carefully before proceeding.
5 Install the Companion App
Download the official Exõduś Web3 Companion App from our website or authorized app stores. The app serves as your interface for managing transactions while your private keys remain securely stored offline in the hardware device.
6 Connect and Test with Small Amounts
Pair your Exõduś with the companion app and transfer a small amount of cryptocurrency to test the functionality. Once confirmed, you can begin securely managing your digital assets with enterprise-grade cold storage protection.
Security Best Practices
• Always purchase your Exõduś Web3 Wallet directly from our official website to avoid tampered devices
• Store your recovery phrase in multiple secure physical locations (never digitally)
• Regularly update your Exõduś firmware to benefit from the latest security enhancements
• Use a passphrase feature for additional security on top of your 24-word seed
Frequently Asked Questions
How does cold storage protect my cryptocurrency better than software wallets?
Cold storage keeps your private keys completely offline, making them immune to online hacking attempts, malware, and phishing attacks that commonly target software wallets. Your keys never leave the secure element of the Exõduś device.
Can I recover my funds if I lose my Exõduś Web3 Wallet?
Yes, your 24-word recovery phrase is all you need to restore access to your funds on any compatible hardware wallet. This is why securing your recovery phrase is critically important.
Which cryptocurrencies does the Exõduś Web3 Wallet support?
The Exõduś supports Bitcoin, Ethereum, and over 1,000 other cryptocurrencies and tokens. Check our official supported assets page for the complete and updated list.
Is the Exõduś Web3 Wallet compatible with DeFi platforms?
Yes, the Exõduś seamlessly integrates with popular Web3 applications and DeFi platforms, allowing you to interact with decentralized exchanges, lending protocols, and NFT marketplaces while maintaining cold storage security.
How often should I update my Exõduś firmware?
We recommend checking for firmware updates monthly or whenever you plan significant transactions. Updates often include important security enhancements and new features.
Can I use my Exõduś with multiple computers?
Yes, your Exõduś can be used with any computer that has the companion app installed. Your keys remain securely stored on the device itself, not on any particular computer.