How do I set a strong password?
Everything you need to know about creating strong and secure passwords, as well as tips on password management.
Need a crypto wallet that gives you full control of your assets? You can download Exodus here.
In this article:
- How do I create a strong password?
- How do I set a password in Exodus?
- Why should my Exodus password be different than any other password?
- The Chrome password manager conundrum
How do I create good passwords?
A strong password isn't necessarily a good password. More important than its strength is its uniqueness. This means that a good password must be different than any other password you use and ideally different than what anyone else uses.
The best password is a random password.
And the best way to create those is by using a dedicated password manager app. These apps can create random passwords up to 64 characters long. The app remembers your passwords and fills out automatically. And because they are designed with security in mind, you can feel pretty confident your passwords are safe.
If you decide against using a password manager (not recommended) or trying to think of a good master password for it, here are some tips for human-created passwords:
- Don't use any information available to anyone, like birthdays, names, or other easily guessed information.
- The best passwords, being both easy to remember and hard to crack, are random words. This may sound counterintuitive, but it's true. Four randomly selected words are stronger than the passwords we usually create. However, randomness is the key factor here.
- If you have to (or want to) use symbols and mixed capitalization, avoid using the expected ones:
- Don't capitalize the first letter, capitalize a random one.
- Don't append a number at the end, add one within.
- Don't use the usual letter symbol substitutions, like a = @ and s = $
- Make it long—at least 16 characters long.
- Use non-English words if you can.
Don't reuse passwords! Creating a great password and then using variations on different sites undoes the whole effort.
How do I set a password in Exodus?
Mobile
In Mobile, you can set a numeric passcode. After you have set a passcode, you can also enable Face ID for iOS devices or Touch ID on Android devices to secure your wallet.
Here's how to set a passcode for your Exodus Mobile wallet:
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- In Exodus Mobile, a) tap on the Profile icon, then b) tap Security.
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- Toggle on Secure with Passcode.
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- Create a 6-digit passcode, then enter it again to confirm it.
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- Your wallet is now secured with a passcode!
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Desktop
To set a password in Desktop, you will first have to complete the backup process.
The password you create should be unique. Don’t use a password you’ve already used for other websites, social media, or email accounts.
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- In Exodus Desktop, click on the Settings icon in the top right corner of your Exodus wallet.
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- a) Click the Backup tab. Create a strong, secret, and unique password, b) enter it in the box, and c) click Next.
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- a) Re-enter the password and b) click Next.
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- Click View secret phrase.
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Write down your
12-word secret recovery phrase. Mouse over the words and write them down in the correct order. Double-check that they are spelled correctly. When you are finished writing down the secret recovery phrase, put it in a secure place that only you can access and click
Done.
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We recommend writing down your 12-word secret recovery phrase on more than one piece of paper, and keeping the copies in separate secure locations to prevent a single point of loss from events like fires, floods, etc.
- The secret recovery phrase is your secret master seed that generates all your wallet’s addresses and private keys. It is incredibly important for you to keep your secret recovery phrase safe. If you would like to know more about your secret recovery phrase, visit: Everything you need to know about your 12-word secret recovery phrase.
- Do not store your 12-word secret recovery phrase as an unencrypted digital copy. Hackers can access digital text files and screenshots. If you would like to know more about how to keep your crypto safe, visit: How do I keep my money safe?
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- Next, a) read the verification question carefully, b) select the correct answer, and c) click Done.
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- And that's it! Your desktop wallet is now protected with a password and your backup is complete.
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Web3 Wallet
Here are the steps to create a new password for your Web3 Wallet.
If you want to change an existing password, please follow the steps in this guide: How do I reset my password?
The password you create should be unique. Don’t use a password you’ve already used for other websites, social media, or email accounts.
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- In Exodus Web3 Wallet, a) click the Profile icon, then b) click Security.
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- Click Create Password.
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- a) Type in a strong password. b) Your wallet will indicate the strength of your password with the color of the bar under the password, with red and yellow being the weakest and green being the strongest.
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- When you have entered a strong password, a) the whole bar below the password will be green. b) Confirm your password by typing it in again. When the passwords match, you'll have the option to c) click Save Password.
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- You will see a screen advising that your password has been created! You can click OK to proceed back to your Web3 Wallet.
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- And that's it! Your Web3 Wallet is now backed up and protected with a password!
Why should my Exodus password be different than any other password?
Actually, all your passwords should be different, as we discussed, but for now let's focus on your Exodus password.
Your Exodus password protects your wealth by preventing anyone with access to your computer from opening Exodus and sending out your money. This is extremely important if you live or work in a place where other people may access your desk while you are not paying attention.
For those with earlier version of Exodus who created an encrypted email backup link, your password is the decryption key. This means that whoever has access to your backup link and your password can restore your wallet on any computer and access your funds.
Note: The email backup link is only applicable to wallets downloaded before version 19.2.1.
This makes it clear why your Exodus password needs to be unique. If your password is the same as your email or Facebook password, then whoever knows that can simply open Exodus and send your money to themselves. And remember: Blockchain transactions are irreversible.
Additionally, the email backup link is worthless on its own, only the password enables the link to grant access to your funds. Unfortunately, though, online services get hacked all the time and login information stored on their servers, like emails and passwords, falls into the hands of the hackers.
Exodus does not store any of your private information, which is why we can't recover your password. If our servers were to get hacked, the hackers would find nothing.
Why should I avoid saving passwords with my browser?
Some internet browsers or devices might ask to remember or save a password after you enter it.
Avoid this feature, If your account or internet browser is compromised and you're saving all your passwords with your internet browser, then all your saved passwords are also at risk of being compromised.
One of the best ways to keep track of your passwords is with a dedicated password manager. For more information, visit: Use a password manager.
Exodus is not affiliated with any third-party platforms, external links, or any other third-party resources mentioned in this article. As such, Exodus cannot guarantee the performance of third-party products or services, or that the steps shown and the information provided will always be accurate.