The Ultimate Guide to Exodus Wallet Review

Exodus is a mighty cryptocurrency wallet that can store various coins. If you’re just getting started with cryptocurrency or are a seasoned pro, Exodus wallet review you should check out. This wallet can be used to store cryptocurrency, transfer and receive cryptocurrency, swap cryptocurrency, stake cryptocurrency, and send and receive payments. This wallet is competitive with the finest bitcoin apps available now. By reading our in-depth review, see if Exodus is the best wallet for you and your cryptocurrency.

Just what is Exodus, Exactly?

Since Exodus is a decentralized bitcoin wallet, it does not keep any of your private keys on its servers. Exodus stores your coins in a hot wallet. If you use hot storage, your wallet will be connected to the internet and more vulnerable to hacking. Exodus does not include support for two-factor authentication or multi-signature security to keep things easy for users. Instead, it recommends moving money to cold storage on a dedicated hardware wallet.

Help Desk For the Exodus

The customer service at Exodus is excellent and merits a perfect score. A response to a Saturday morning email from customer support was received within 6 minutes. The email was not a generic reply; instead, it was pretty thorough and answered all my questions. Exodus had already replied within 10 minutes of receiving a Sunday morning email. Engineers dedicated to customer service are accessible around the clock every day of the week.

Prices for Exodus Customers

The Exodus Wallet’s Customer Pricing Receives a 4/5. Since Exodus does not cost anything to send or receive, you will only be responsible for network (miner) expenses. Exodus now provides a way to set the network charge for several coins manually. With this choice, you can reduce your transfer fees by waiting a little longer for the transaction to finish.

Smartphone Program Named “Exodus”

The Exodus app could be more impressive, scoring 3.3 on a 5-point scale. The app requires minimal effort to get set up and operate. Users can access real-time portfolio monitoring, buy, sell, send, and receive cryptocurrencies, and get in touch with a team of experts around the clock. Please create a new wallet or sync it with your existing desktop wallet during the setup process for maximum convenience. Although the mobile app is well-designed and straightforward, it cannot be linked to an FTX account.

Advantages for Exodus Users

For its valuable features, the Exodus wallet earns a 4.5/5 rating. An essential part of the Exodus wallet is the primary portfolio page, which displays your whole portfolio in a graphical format. Many cryptocurrencies use a process called “staking” to verify transactions and reward members for their participation, and this feature is available through several apps accessible through the portfolio page.

A linked FTX account allows you to make purchases directly from your wallet. By integrating with FTX, Exodus users have another option for exchanging their currencies, as they now have access to a custodial exchange. However, keep in mind that the KYC procedure is required before you may use FTX.

When combined with a Trezor hardware wallet, cold storage provides an additional layer of protection.

Conclusion

It’s an attractive wallet packed with features, like the ability to stake assets within the wallet for passive income and convert cryptocurrencies without ever leaving the app. Exodus wallet currently supports over 145 investments, with more to come. Its immediate exchange integration feature enables users to trade over 100 digital currencies without sending their coins out of the wallet’s protected environment.