What’s On This Page
This wallet for crypto was mutually founded by Daniel Castagnoli and JP Richardson. They made it when they were trying to remove cryptocurrency geek demands association for enhancement. Their goal was to create an extremely beautiful user interface that will help users in getting a simple experience while they exchange assets digitally within this wallet.
Exodus Wallet was made by keeping the needs of the user in mind, that’s why it provides you with the offer of free downloading over various mobile versions and desktops easily. This wallet offers people hardware compatibility with the Trezor Model T and Trezor One simply. These things make the Exodus wallet one of the well-receiving wallets in the community of Cryptocurrency.
This review about Exodus wallet will surely help you in deciding whether it is beneficial for you or not!
Pros & Cons Of Exodus Wallet
Pros:
- Exodus wallet’s human support desk is 24/7 available for your service
- It offers easy to use user interface
- No registration is required it is free to download
- It gives one-click crypto exchange anywhere anytime
- It shows compatibility with hardware wallet support
Cons:
- Its mobile app supports fewer cryptocurrencies
- It offers no option for buying cryptocurrency in the app
- It doesn’t support in-wallet fiat transactions from cryptocurrency
A Glance At Exodus Wallet
| Wallet type | SOFTWARE |
| CRYPTOS | 100+ |
| PRICE | Free |
| RELEASED | 2016 |
| TRUST RATING | High |
The Perspective Of Exodus Wallet As A Beginner
If you are a newbie in the Cryptocurrency community, then the Exodus wallet is made for you because it is the most solid option for sure. It is easy to use with a simple user interface and offers you a custodial option on different exchanges such as Gemini or Coinbase where you buy such coins and left them for sitting on the exchange. It is more straightforward than using the non-custodial version.
Moreover, the Exodus wallet removes the demand for registration which is essentially a requirement on other wallets. The exchange layout of the Exodus wallet is extraordinarily easy-to-use. Using this one will help you in achieving a head-ache-free experience even for the average person. It will show you the built-in storage and exchange system for cryptocurrencies.
As a bonus for beginners, the Exodus Wallet provides a high-quality security system without making any compromises over the currency of users. You can do so many things with this wallet such as you can exchange your assets but initially, you need to purchase the cryptocurrency through an exchange or app if you have any one of them.
If you have the assets in Cryptocurrency in another app, you can send them easily to your Exodus wallet now. It is highly recommended that beginners learn more about how to handle the non-custodial options on a software wallet or purchase or store cryptocurrency assets in case you haven’t used such a wallet before. It will help you in preventing any problems in future.
Exploring The Best Features Of Exodus Wallet
· UI System And Security
Any cryptocurrency wallet’s essential element is providing of top-notch security system which Exodus wallet is offering its clients. On the other side, the UI system of Exodus wallet is amazingly beautiful as it visualizes the holdings of cryptocurrency. Moreover, the thoughtful navigation breeze of this wallet makes it a good UI system. This is the better benefit of any good software including Exodus wallet.
· Free To Download
It is completely free to download, which means you don’t have to pay any money for opening your account on Exodus wallet. It offers you to use the one-click exchange within the hardware compatibility. Additionally, it stores your transaction data and private keys on your device along with free downloading options. In any problem, you can easily call the support desk which is available 24/7.
· Pleasing Layout
The Exodus Wallet is made for offering people get easy-to-use experience while using the cryptocurrency application. That’s why it comes up with an amazing layout that will please you and is very easy to use as compared to other software wallets.
· Hardware Wallets
The hardware compatibility offers extreme security to the assets of users regarding cryptocurrency data and transactions. Exodus wallet supports hardware wallets but the other ones such as Atomic wallets or liberty wallets don’t support them. This is the best feature of Exodus Wallet until now.
· Crypto Rewards
The biggest advantage of using Exodus wallet is that it comes up with Crypto rewards in your wallet just after using it for one time without showing any risk to the user. It means you can easily stake something such as ADA (Cardano) and you will receive back the yield back percentage. It will help you in earning passive income on your cryptocurrency account without any risk.
Supported Cryptocurrencies Of Exodus Wallet
It supports more than 100 types of cryptocurrency and tokens which will help you in adding the heavyweights such as Bitcoin, Litecoin, and Ethereum to your wallet. You can add some rising stars with its help and those are lisk, Dai and Stellar, etc. Your Exodus wallet supports the following coins:
- Stellar (XLM)
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Tether USD (USDT)
- Monero (XMR)
- DAI (DAI)
- Cosmos (ATOM)
- Binance coin ( BNB)
- Tron (TRX)
- Cardano (ADA)
- Chainlink (LINK)
- Bitcoin SV (BSV)
- EOS (EOS)
- Tezos (XTZ)
- Brave Attention Token (BAT)
Customer Support And Security Of Exodus Wallet
Exodus wallet is considered the most secure system because of its exceptional offering the top-notch security features. Its security first stage is the user-created password which is required for setting up the wallet account for once along with confirmation of private keys and transactions.
The next step the user should take is to make up a backup phrase known as seed. Its advantage is to recover the wallet in case your device is stolen or lost. Moreover, in this way, all the data is stored in the user’s device or sent while using the cryptocurrency transactions making it fully encrypted. It means the system will not have any information in your wallet which ensures transparency.
Always remember that the seed phrase with a 12-word backup should be taken seriously because it will help the system in increasing your security. Every cryptocurrency wallet requires this phrase. If you have lost it in any case, you will not be able to recover your cryptosystem whenever your Exodus is deleted or your device accidentally removes it or destroy it. It will permanently delete all your data.
For helping you in preventing all such problems, Exodus Wallet offers you a human support desk 24/7 at your service. The wallet has a highly qualified team and those are designated to help people with problems by considering their requirements. Exodus is a big company that’s why it offers extreme support as compared to the average cryptocurrency wallet.
You should be careful while downloading the Exodus wallet from the Google play store because many people got scammed by downloading fake versions of the Exodus wallet. Whenever you want to download Exodus, double-check that you are using the accurate location and remember that the real Exodus wallet will never ask its client about the backup seed phrase.
OS Support Within Exodus Wallet
Exodus wallet’s biggest quality is that it supports every operating system on every device you can easily think of which means you can use it with Linux and PC running windows. For apple computers, it is compatible with MacOS. Furthermore, Exodus wallet comes up with a mobile application for iOS and android versions. It will help you in running your cryptocurrency wallet easily on any device.
RAMP On Exodus Wallet
The payment partner of the Exodus wallet is Ramp which allows you to directly buy the crypto from your software wallet. For exchange, you can easily buy the crypto from your Exodus wallet within its mobile application. If you are using the Exodus wallet with a ramp, you will find it very easy because all you need to do is to deposit rather than transfer.
The ramp will permit you to use its collection of 20 diverse purchasing cryptocurrencies including Solana, USDC, Ethereum, and Bitcoin. Additionally, Ramp has access jurisdiction with Apple play, MasterCard, and Visa along with Google play. The ramp just needs some verification information once to purchase it.
Potential Deal Breakers Of Exodus Wallet
Now we are discussing the downside of exodus wallet which is a lit bit confusing. You cannot initially purchase the cryptocurrency through the wallet directly which means the clients should have to use the exchange option whether it is decentralized or centralized. It is mostly used for fiat transactions such as USD, CAD OR EUR converting into digital currency. After that, you will be able to add it to your wallet.
Besides this one, you will get everything you need from the exodus wallet, that’s why it is becoming one of the biggest names in the cryptocurrency community. The only thing advised to people is that keep away from fake websites of Exodus wallets. Always check that you are using the correct website from the application store. It will save you a lot of things in the future.
