Morning All,
I'm new to the forum and am looking for some help. I have the Exodus wallet installed on my Windows PC, but would like to move it to an encrypted USB drive. Is it as simple as copying the folder to my USB drive?
Also if I want to maintain a second backup copy of my wallet somewhere else, is the backup automatically kept up to date (i.e. when u open Exodus does it examine the blockchains to determine your holding) or do you regularly have to backup from your primary to keep your backup current? Apologies, I'm a bit of a noob - last time I was involved with crypto I left everything in an exchange (MTGOX) and that didn't end well :-( !
Thanks for your help.
Here is my understanding, and hopefully someone will correct me if I get anything wrong.
I don't think you can run Exodus off an encrypted USB drive, because it needs to be fully installed on a desktop. Your wallet, however, is encrypted on your desktop once you've set the password and were given your "12 words", so it's pretty safe as long as you have a strong, and unique password.
As for the backup, all you need is your 12 words. If you have those 12 words, you can install exodus on any computer, restore from the 12 words, and you'll have everything available to you, up to date. No need for periodic back ups. You can print the 12 words, and put in a safe place, or store the 12 words in a text file on an encrypted USB.
Also, if you want to be extra safe (and this would guard against situations where for some reason Exodus was discontinued and you could restore from the 12 words) you can store your private keys (keep them in a safe place, too). Use Control-Shift-D to open the Developer's menu, then you can export your private keys. Again, store them a safe or on an encrypted USB.