Kakashi2020 Posted January 16, 2021 Share Posted January 16, 2021 EXODUS Type of wallet: Hot Wallet Purchase cost: Free Compatible with hardware wallet: Trezor Incorporated exchange: Yes Exodus is a desktop and mobile wallet with a very simple user interface and an exchange built-in. One of Exodus’s most popular features is the ability to swap between a growing number of cryptocurrencies. Exodus currently allows for swaps between over 100 different cryptocurrencies. With its simplicity, this wallet is great for beginners just getting into the crypto space. It also has great support, which is an essential feature for beginners getting into what many would consider a confusing market. While it is great for beginners, more advanced users may find it lacking in some features. First, Exodus is a closed source wallet. This goes against the ethos of the idea of Bitcoin and blockchain and can create some security concerns as its code is not open for everyone to see. Instead, users rely on the Exodus team to ensure there are no holes in the security of its wallet. Exodus has an option to set custom fees in addition to automatically setting a fee that ensures the transaction completes quickly. Pros Huge variety of cryptocurrencies Built-in exchange Good customer support Cons Closed source software https://www.exodus.io/ Quote Link to comment https://slingbank.com/forums/topic/9911-exodus-wallet-review/ Share on other sites More sharing options...
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