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Exodus Wallet Review: With free access and convenient design

wallet, leather bag, bag-1081310.jpg

Introduction: What Is EXODUS Wallet?

EXODUS is a multi-currency wallet, and we usually recommend beginners to use it as an entry wallet. In this article, we will review the different wallet features and why we think it is one of the best wallets.

 

EXODUS is an easy-to-use multi-currency software wallet that can be used on desktops and mobile devices. This wallet is known for its simple design and excellent online support. The main disadvantage of Exodus is the lack of custom network fees for Ethereum and other altcoins, and the fact that it is not completely open source.

Exodus wallet

Is EXODUS Safe To Use?

Yes, EXODUS is safe for you to use. 

The security of EXODUS should be as secure as any software wallet can get. The two main security features provided by the wallet are:

  • Password protection for your wallet.
  • Automatic wallet lock after a selected period of time.

EXODUS additionally expresses it’s essential to confirm you’re downloading the wallet just from a trusted source (for example their site).

EXODUS does not require any registration, and the company does not have access to your private keys or information.
 

Can You Make Money With EXODUS

Staking inside of EXODUS is as simple as finding the crypto you want to stake and start earning rewards!

Each cryptocurrency works differently, so please read the following options carefully to understand which cryptocurrency you want to start earning rewards for on their website support.

EXODUS now has a convenient way to keep track of all your assets that are generating you passive income!

A supplement to some passive income is compound finance

Compound Finance is a protocol built on the Ethereum blockchain that allows users to lend their Ethereum assets to the asset pool. 

Once you lend your assets to the “Composite Finance” agreement, interest will be accrued every time you mine an Ethereum block. You can also choose to withdraw assets at any time, so you can freely choose whether you want to lend and withdraw income. 

Although this is different from the aforementioned cryptocurrencies, it is definitely another simple way for EXODUS to allow you to earn passive income!

Which Cryptocurrencies Are Available On The Platform?

EXODUS supports more than 115 Crypto assets in total (coins and tokens).

The most notable coins supported by the wallet are:

  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Bitcoin Cash
  • Binance Coin
  • Tether
  • EOS
  • Monero
  • Dash
  • Ethereum Classic
  • Stellar
  • Ontology
  • Tezos
  • Tron

 

Ratings For EXODUS wallet

We have seen plenty of wallets and once in a while, we unearth a wallet that is genuinely just about as exceptional as the EXODUS plan. This wallet is practically great – “nearly” and not “awesome” because of the absence of charge from the executives for altcoins. The new expansion of custom charges the executives for Bitcoin is a positive development.
 
If you are a regular Bitcoin or cryptocurrency novice, Exodus will make it easy for you to get started.
 

We give the EXODUS wallet 4 out of 5 stars.

4/5

Or

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