Exodus Wallet || Best Overall Wallet For Crypto?
Exodus Wallet was co-founded in 2015 by JP Richardson and Daniel Castagnoli in an effort to remove the geek requirement associated with cryptocurrency. They focused on creating a beautiful user interface to achieve a simple experience while exchanging digital assets.
Exodus offers free downloadable desktop and mobile versions of their cryptocurrency wallet, while also having hardware wallet compatibility with the Trezor One and Trezor Model T. By providing a built in exchange and being one of the only software wallets that offers hardware wallet compatibility, Exodus Wallet has been well-received by many in the crypto community. Our Exodus Wallet Review will help you decide if it is right for you.
One-click crypto exchanges any time
Human support desk available 24/7
Easy to use interface
Free to download with no registration required
Hardware wallet support (Trezor One and Trezor Model T)
Mobile app supports less cryptocurrencies
No way to buy cryptocurrency in the app
Doesn’t support cryptocurrency to fiat transactions in-wallet
Exodus is a very solid option for crypto newbies. It’s not quite as easy as the custodial options on exchanges like Coinbase and Gemini (where you essentially buy your coins and just let them sit on the exchange) but it’s definitely one of the simpler non-custodial options.
Using Exodus removes the need for registration, as done on an exchange, and provides an easy to use layout. The average person can expect to have a simple, headache-free experience with the built in exchange and storage of cryptocurrencies in the wallet. The top-notch security that Exodus offers its users is an added bonus.
With Exodus, the initial purchase of cryptocurrency must be done through another app or exchange. Those crypto assets can then be sent to Exodus. Although an extra task, it’s extremely important that beginners to cryptocurrency learn how to store their purchased crypto assets in a non-custodial wallet, like Exodus.
Exodus Wallet is also free to download, offers one-click exchanges, provides hardware wallet support. Private keys and transaction data are stored on the users’ device, and there is 24/7 human support available.
Its easy to use and aesthetically pleasing layout make one-click exchanges of cryptocurrency and tokens simple. Exodus doesn’t have any knowledge of users’ blockchain assets, and all keys and transaction data are stored on the users’ device, providing privacy and security.
Perhaps the best overall feature of Exodus is that it supports Trezor One and Trezor Model T hardware wallets. Hardware wallets are the most secure way to store your cryptocurrency. Wallets such as Jaxx Liberty Wallet or Atomic Wallet do not support any type of hardware wallet.
Another huge advantage of Exodus is that it offer crypto rewards right in the wallet with no risk to the user. That means you can stake something like Cardano (ADA) and receive a percentage of yield back. Exodus takes a small percentage of the yield but it’s a great way to earn passive income on your crypto for essentially no risk.
Here’s an example of the eye-pleasing Exodus desktop software: