To safely store your coins from exchanges or NFTs (non-fungible tokens) from markets, Exodus is a straightforward, free cryptocurrency wallet. To be considered a “hot wallet,” the device must have constant access to the internet.
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The Basics of The Exodus Cryptocurrency Wallet
Users may store, manage, and trade cryptocurrencies with the help of the Exodus cold wallet, a desktop-based digital asset management system. Free program versions are available for the Windows, macOS, and Linux operating systems.
Entrepreneur J.P. Richardson and software developer Daniel Castagnoli developed the wallet around the middle of 2015, and they released it under the name Exodus in July 2016. The wallet’s straightforward interface and design have earned it a reputation as one of the easiest ways to store and manage digital assets.
User-Friendly Aspects of Exodus Include:
- Increased than 225 different crypto assets are supported.
- Compatible with the FTX cryptocurrency exchange for seamless trading.
- A handy tool for people who need to keep track of their possessions while out and about.
- An individual can set a maximum gas price limit of their choosing.
- Access to cryptocurrency purchases in USD, EUR, and GBP.
- Assistance for clients around the clock.
- The availability of assistance around the clock and in many mediums is one of its most appealing features.
- The chatbot is available via the icon on the main page. Both written guides and live chats with representatives are available.
- More than 11,000 people are part of this Discord channel. The Exodus official Discord server is available at.
- Reddit is a lively online forum where users discuss and share solutions to technical problems, ideas for new features, and other crypto-related information.
- Under the “Support” menu item, you’ll find a wealth of resources, including a blockchain primer and Spanish-language resources.
An Overview of Exodus Wallet from a Novice’s Perspective
Crypto newcomers have a reliable choice in Exodus. Although not nearly as straightforward as the custodial solutions on exchanges like Coinbase and Gemini (where you essentially buy your coins and just let them sit on the business), it is one of the less complicated non-custodial choices.
Unlike an exchange, Exodus does not require users to sign up before making a purchase and has a straightforward interface. Users may enjoy a smooth and trouble-free cryptocurrency trading and storage experience thanks to the wallet’s convenient in-built features. An additional perk of using Exodus is the superior safety it provides.
Before using Exodus, you’ll need another program or exchange to get some cryptocurrency. Then, you can transfer those crypto holdings to Exodus. Although it’s an additional step, new cryptocurrency investors should learn how to use a non-custodial wallet like Exodus to secure their crypto holdings.
Which Operating Systems are Compatible with Exodus?
Simply put, Exodus is compatible with any and every hardware you can imagine. It is compatible with both Windows and Linux-based computers. In addition, it can be downloaded on MacOS-powered Apple laptops.
It’s also possible to use Exodus on your iPhone, iPad, or other iOS or Android mobile device, thanks to the app’s compatibility with both platforms.
At long last, support for the Exodus hardware wallet (which dramatically increases your protection). The desktop wallet may be made even more secure by pairing it with either the Trezor One or the Trezor Model T. That’s a must-do in my book.
Since Ledger has its competing software wallet, you will be unable to use Ledger devices (such as the Nano S or the Nano X).
Conclusion
With centralized exchange connectivity, the decentralized cryptocurrency exchange is built into the Exodus cryptocurrency wallet. It allows users to store and trade amongst more than 235 different cryptocurrencies directly with one another. Users are in complete charge when it comes to their funds and private keys. We hope you enjoyed reading this post.
