Bitcoin FAQ: Everything you need to know about Bitcoin (BTC) in Exodus. BTC addresses and Bitcoin support.

Are you looking for a self-custody wallet for your Bitcoin? You can download Exodus here!

Bitcoin is an open-source blockchain that launched on January 3, 2009. It was created by a person or group using the pseudonym Satoshi Nakamoto, though their real identity remains unknown.

Bitcoin aims to be a decentralized payment system with no single person or entity in control. Instead, Bitcoin uses a consensus model known as proof-of-work, where multiple computers run and secure the network.

Bitcoin (BTC) is the only asset on the network and is also used to pay transaction fees. The total supply of BTC is limited to 21 million, and the smallest unit of Bitcoin is a satoshi (sat). There are 100 million sats in one BTC.

About every four years, Bitcoin reduces the amount of BTC created in newly mined blocks by half, in an event known as the Bitcoin halving. This gradually slows the rate of new BTC entering circulation until the final Bitcoin is mined, making it even more scarce over time.

Yes, Exodus supports multiple addresses for Bitcoin. However, you'll need to enable it to use it.

In Exodus Mobile and Desktop, you can enable multiple addresses to automatically generate a new address each time your wallet receives Bitcoin.

For a guide on using multiple addresses, visit: How do I enable multiple addresses in Exodus?

By default, multiple addresses are not enabled, and when you view your BTC address in Exodus, you'll always see the same Native SegWit address. In Exodus Desktop, if you enable Legacy and Taproot addresses, those addresses will also remain the same if multiple addresses are not enabled.

There are four types of Bitcoin addresses: Legacy, Nested SegWit, Native SegWit, and Taproot. Legacy is the original BTC address, and newer formats were later introduced to reduce fees and support new features.

They are all fully compatible, and you can send and receive Bitcoin between any BTC address, regardless of its format.

Although transactions between any address type are supported, some custodial exchanges or wallets might not have added support for newer addresses and only support sending to older address formats.

The easiest way to tell which format an address uses is by looking at the first characters. For example, Legacy addresses always start with a "1."
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Learn more about each type of Bitcoin address below, from the oldest to the newest:

Exodus supports sending Bitcoin to all address formats.

When receiving Bitcoin, Exodus Mobile and Web3 Wallet use the Native SegWit address.

In Exodus Desktop, the Native SegWit address is shown by default. You can also enable additional address formats.

See the table below to learn which Bitcoin address formats you can use in Exodus when receiving crypto:

Exodus Desktop will, by default, show the Native SegWit address when receiving crypto, and you can enable other supported address formats. Here's how:

Enabling different Bitcoin address formats is no longer available in Exodus Mobile for wallets created after May 6, 2026.

When you send Bitcoin with Exodus, your Exodus wallet automatically adjusts the recommended BTC fees based on network conditions to ensure the transaction is likely to be confirmed in the next block.

The transaction fees go 100% to the Bitcoin network and the miners that process your transaction.

The correct fee can make a big difference. When the network becomes congested, miners prioritize transactions with high fees. If the fee is too low, it can result in delays. You can use a block explorer, like Mempool.space, to see current network conditions and fees.

The fees are not determined by the amount of BTC you're sending but by how complex it is to process and the current fee rate. To learn more, visit: What determines how much transaction fees cost?

While Exodus automatically sets a recommended fee, you can set custom fees if you want to use a different fee. To learn more, visit: How do I set Bitcoin custom transaction fees?

To learn more about transaction fees, visit: Does Exodus have transaction fees to send or receive?

In Exodus, the minimum amount of Bitcoin (BTC) you can send is 0.00000546 BTC.

Please note that in Exodus, any remaining balance below 0.00001501 BTC when sending will be added to the transaction fee.

Bitcoin transactions are batched when combining unconfirmed transactions into a new transaction with the same inputs and outputs.

Sending it as a single combined transaction instead of separate transactions can improve efficiency on the Bitcoin network and sometimes result in lower fees.

To batch transactions in Exodus, sent transactions must have RBF enabled.

RBF is automatically enabled if you send the transaction with a custom fee. For more information, visit: How do I set Bitcoin custom fees and enable RBF?

With RBF enabled, if you send a BTC transaction before a previous one confirms, Exodus may automatically group them into a single combined transaction if it results in lower fees.
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Although the total fee is lower than sending two separate transactions, the combined transaction uses a slightly higher fee rate, so miners prioritize it over the earlier unconfirmed transactions.

If you do not want your transactions batched, do not enable RBF or set custom fees.

With Exodus, you can send a transaction to yourself to consolidate the Bitcoin UTXOs you received into one, which can help minimize fees in the future.

With UTXO-based assets like Bitcoin, when you receive crypto, the amount is stored as a unique UTXO. When you send BTC, your wallet uses one or more of your UTXOs to create and send a single new UTXO.

The more UTXOs your wallet has to combine, the more complex the transaction is to process, resulting in higher fees. Consolidating can minimize fees, as the next time you send, the network only needs to process a single UTXO.

Consolidating your UTXOs costs a transaction fee, so it is best to do it when fees are low. You can view current Bitcoin network conditions and fees using a block explorer like Mempool.space.

And you are done! All of your BTC will be sent to your wallet's address as one UTXO.
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And you are done! All of your BTC will be sent to your wallet's address as one UTXO.

And you are done! All of your BTC will be sent to your wallet's address as one UTXO.
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Child-Pays-For-Parent (CPFP) is a way to accelerate a pending transaction by creating a new transaction with a high fee that spends unconfirmed funds from the pending transaction.

Since the new transaction includes funds from the original pending transaction, it is spending funds that aren't yet available. To send the new transaction, you need the original transaction to confirm as well.

Miners will consider the combined fees of both transactions. If the total fee is attractive enough, miners are incentivized to confirm the original pending transaction so they can also process the new transaction with the high fees, thus speeding up the process.

While Exodus can't guarantee that your transaction will be included in the very next block, CPFP in the Exodus wallet increases the likelihood of faster confirmation.

If you create a CPFP transaction, Exodus warns you that you will pay higher fees for spending BTC from an unconfirmed transaction. To see how this looks in the wallet, visit the section below: What if I get a warning about paying extra fees?

If you try to send Bitcoin from a transaction that has not yet been confirmed, Exodus will warn you that you will pay higher fees for spending funds from an unconfirmed transaction. This will create a CPFP transaction.
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You'll also receive this warning if you are sending out a large number of UTXOs or a very large transaction that will incur higher-than-usual fees.

CPFP transaction fees are higher to incentivize miners to include the transaction in the next block mined. Make sure you’re willing to pay the extra fee before proceeding.

If you don't want to pay the extra fees, you can wait for all of your incoming transactions to be confirmed on the blockchain before sending a transaction out.