• Exodus Login : Features in Exodus Wallet

    Exodus Cryptocurrency Wallet Review

    OUR TAKE

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    Exodus, our top choice for beginners, is a straightforward and easy-to-use crypto wallet, enabling access to over 150 assets. While the wallet’s wide range of features make this a viable option for just about anyone, it is particularly suited for beginning crypto investors.

    Pros & Cons

    Pros

    • Easy-to-use interface
    • Supports over 150 cryptocurrencies
    • Seamless linkage to exchanges and decentralized finance (Defi)

    Cons

    • Lack of custom network fees for altcoins
    • Exodus is our best cryptocurrency software wallet for beginners.
    • Investors looking to select from a large menu of digital assets will likely find the one they are looking for on the Exodus platform.
    • While Exodus does not provide two-factor authentication (2FA), users do have the ability to interact with a Trezor hardware wallet.
    • Users will maintain complete control over their assets, as Exodus is completely non-custodial. Exodus login

    Company overview:

    was founded in 2015 by Daniel Castagnoli and JP Richardson, with the wallet implementing over 200 product updates since inception. On average, Exodus releases a new software update every two weeks, and currently supports assets on the Ethereum, Algorand, Solana, Polygon, and Binance chains.

    In addition to being a multi-asset wallet, Exodus enables operation across multiple platforms, with desktop, mobile, and hardware wallet options. Mobile functionality is available across both Android and iOS, while its desktop offering works across Windows, Linux, and Mac. In addition to the existing built-in exchange, Exodus recently added FTX integration allowing users to exchange one asset for another within the platform. Doing so allows users to view their FTX balance alongside their Exodus balance, and provides them the opportunity to send assets to and from each platform. Users can either link their current FTX account, or create a new one. It should be noted that Exodus states plainly that users may experience higher fees using their exchange feature. It should also be noted that those fees will be clearly disclosed prior to the completion of a transaction. In the current version of Exodus, users are able to set custom fees specific to Bitcoin and Ethereum transactions.

    To give users complete control over their assets and private keys, Exodus operates as a non-custodial wallet by encrypting their information locally on their own devices. Registration and/or disclosure of a user’s personal information is not required, and it should be noted that Exodus uses simplified payment verification, which means that they do not download full blockchains to verify payments. Instead, Exodus uses a series of servers to trace and validate customer balances. Two Factor Authorization (2FA) is not currently supported by Exodus, and due to the structure of the service Exodus has made it clear that 2FA integration is unlikely to ever be implemented. The Exodus approach to mitigating this is through its compatibility with Trezor's hardware wallets. Exodus is well suited for both new and experienced crypto investors, specifically those looking for a broad array of digital assets to choose from, and versatility specific to available desktop, mobile, and hardware platforms.

    Pros & Cons Explained

    Pros Explained

    • Easy-to-use interface: The Exodus user interface is both easy to use and understand, and should come across as straightforward for most users.
    • Supports over 150 cryptocurrencies: Exodus wallet currently supports over 150 cryptocurrencies for trading, and the number is still growing.
    • Seamless linkage to exchanges and Defi: Exodus makes it easy to integrate with Defi platforms.

    Cons Explained

    • Lack of custom network fees for altcoins: Currently, custom fees are only available for Bitcoin and Ethereum transactions.

    Features

    Exodus supports more than 150 currencies, across seven separate blockchains. Users can buy and sell, as well as swap currencies on Exodus’ internal exchange. Additionally, Exodus’ partnership with FTX allows users to access the exchange directly from the Exodus app, facilitating the transfer of assets between the two. Users will also find that Exodus has recently integrated the Lightning Network as a payment system. In short, the Lightning Network is a payment system