Exodus Wallet NZ - New Zealand's Crypto Guide (2025)

Exodus is a beginner-friendly multi-currency wallet that makes cryptocurrency management accessible for New Zealanders. Launched in 2016, this desktop and mobile wallet combines an intuitive interface with support for over 250 cryptocurrencies, making it anFor New Zealanders entering the world of Bitcoin

and the broader crypto ecosystem.

For Kiwis entering the world of cryptocurrency, Exodus offers a straightforward path to self-custody

without the complexity of more advanced wallets.

Exodus is a non-custodial software wallet that stores your private keys locally on your device. Available as desktop software (Windows, macOS, Linux) and mobile apps (iOS, Android), it provides a unified interface for managing multiple cryptocurrencies.

Key Features:

• Support for 250+ cryptocurrencies
• Built-in exchange for swapping tokens
• Portfolio tracking and visualization
• Staking for supported assets
• Hardware wallet integration (Trezor

  compatibility)
• Private key export capability
• 24/7 customer support

Unlike custodial services where a company holds your funds, Exodus gives you complete control. Your 12-word recovery phrase is the master key to your wallet. Exodus cannot access, freeze, or recover your funds—which means you're fully responsible for security.

I've used Exodus as my daily driver for years, and it remains one of the most beginner-friendly wallets available. The interface is clean, responsive, and doesn't overwhelm you with technical jargon. For someone new to crypto, Exodus makes the learning curve manageable.

The multi-coin support is excellent. I can manage Bitcoin

and dozens of altcoins in one place without juggling multiple wallets. The portfolio view gives you a clear snapshot of your holdings, price changes, and overall value at a glance.

One feature that sets Exodus apart is the ability to extract private keys for individual addresses. Most software wallets, including Trust Wallet, don't offer this. With Exodus, you can export the private key for a specific address and import it into another wallet if needed. This level of control is rare in beginner-friendly wallets and gives you an escape route if you ever want to migrate.

The standout feature, though, is Move Funds. This tool consolidates your cryptocurrency from multiple addresses into a single address. For UTXO-based coins like Bitcoin, your wallet creates new addresses for change after each transaction. Over time, your balance gets fragmented across dozens of small UTXOs (unspent transaction outputs). When you eventually want to send a large amount, the transaction fee can be enormous because the wallet has to combine all these small inputs.

Move Funds solves this by consolidating everything into one address during low-fee periods. You pay one transaction fee now to combine your UTXOs, which saves you significantly more when fees spike later. It's a simple feature that demonstrates Exodus understands real-world user needs.

The wallet is closed source, which raises security concerns for some users. However, the ability to extract private keys and the company's long track record (since 2016 with no major breaches) provide some reassurance. It's not perfect, but for a beginner-friendly wallet, Exodus strikes a reasonable balance between usability and control.

Download and Installation

Desktop (Recommended for Primary Holdings):

1. •
   Visit exodus.com/download
2. •
   Download the version for your operating system
3. •
   Verify the download is from the official site (check the URL carefully)
4. •
   Install the application

Mobile (Recommended for Small Amounts):

1. •
   Download from Apple App Store or Google Play Store
2. •
   Verify the developer is "Exodus Movement Inc."
3. •
   Install the app

I recommend using the desktop version for your main holdings and the mobile app for small amounts you need on the go. You can sync wallets between devices, but keeping them separate provides an extra layer of security.

Creating Your Wallet

1. •
   Open Exodus and select "Create New Wallet"
2. •
   Write down your 12-word recovery phrase on paper
3. •
   Store multiple copies in separate secure locations
4. •
   Confirm your recovery phrase by entering the words in correct order
5. •
   Create a strong password (this encrypts your local wallet file)
6. •
   Your wallet is ready to use

Critical: Your 12-word recovery phrase is the master key. Anyone with these words controls your funds. Never store it digitally, never share it, and never enter it into any website claiming to be Exodus support.

Exodus supports over 250 cryptocurrencies, making it one of the most versatile multi-coin wallets available.

Built-In Exchange

Exodus includes an integrated exchange powered by multiple providers. You can swap between supported cryptocurrencies without leaving the wallet.

How it works:

1. •
   Select the asset you want to swap from
2. •
   Choose the asset you want to receive
3. •
   Enter the amount
4. •
   Review the exchange rate and fees
5. •
   Confirm the swap

Fee structure: Exodus charges a service fee on top of network fees. The exact percentage varies by asset pair but typically ranges from 2-5%. This is higher than dedicated exchanges like Uniswap

or centralized exchanges.

When to use it: The built-in exchange is convenient for small swaps where speed matters more than cost. For larger amounts, you'll save money using a dedicated exchange.

Staking

Exodus supports staking for multiple Proof-of-Stake cryptocurrencies, allowing you to earn rewards on your holdings.

Supported staking assets:

• Cardano (ADA)
• Solana (SOL)
• Cosmos (ATOM)
• Tezos (XTZ)
• Algorand (ALGO)
• And more

Staking is straightforward. Navigate to the asset, click "Stake," choose your amount, and confirm. Exodus handles the technical details. Rewards appear in your wallet automatically.

Important: Staked assets may have unbonding periods (time required to unstake and access your funds). Check the specific requirements for each asset before staking.

Move Funds Feature

The Move Funds tool consolidates fragmented balances into a single address. This is particularly useful for UTXO-based cryptocurrencies like Bitcoin.

Why this matters:

When you receive Bitcoin multiple times or spend partial amounts, your wallet creates change addresses. Your total balance might be spread across dozens of small UTXOs. When you eventually want to send a large amount, the transaction fee can be massive because the wallet must combine all these inputs.

How Move Funds helps:

1. •
   Navigate to your Bitcoin wallet in Exodus
2. •
   Access the Move Funds option (desktop only)
3. •
   Select "Consolidate to one address"
4. •
   Choose a custom fee (ideally during low-fee periods)
5. •
   Confirm the transaction

You pay one transaction fee now to combine everything. Later, when fees are high, you'll only need to spend one UTXO instead of dozens, saving significantly on fees.

Best practice: Consolidate during weekends or periods of low network activity when fees are cheapest.

Private Key Export

Exodus allows you to export private keys for individual addresses. This feature is rare among beginner-friendly wallets.

How to export (Desktop only):

1. •
   Press Ctrl + Shift + D (Windows/Linux) or Cmd + Shift + D (Mac) to open Developer Tools
2. •
   Navigate to the asset whose private key you want to export
3. •
   Select the specific address
4. •
   Export the private key

Why this matters: If you ever want to migrate to a different wallet, you can export your private keys and import them elsewhere. This prevents vendor lock-in and gives you true ownership of your funds.

Security warning: Exported private keys should be handled with extreme care. Anyone with a private key can access the funds at that address.