Exodus crypto wallet full review
This Exodus crypto wallet review will show you how this wallet works and how you can send, receive, and exchange bitcoin and over 100 cryptocurrencies through an easy platform.
by Aline Augusto
Exodus crypto wallet: send, receive, and exchange over 100 cryptocurrencies!
Exodus crypto wallet review: This digital universe of cryptocurrencies may offer you a lot of earnings, but the risk can be high. When we talk about crypto, we always alert you about its riskiness and how you should do extensive research before investing in it.
Also, you must know about the wallets before diving into this world. So, the same as traditional currency, digital coins require something to hold them.
When we talk about regular money, we use debit cards, bank accounts, e-wallets. And when we talk about cryptocurrency, we need a wallet to access the assets stored and registered on the blockchain.
But, unlike traditional bank accounts, for example, it is not the bank that holds the money and guarantees security. With crypto wallets, you are responsible for that.
For instance, if you lose or forget your private key generated when your wallet is created, you may have to say goodbye to your funds.
That’s why you need to choose a user-friendly platform, easy to manage and with a lot of support to help you out when you need it.
Therefore, check out this Exodus review article we have prepared for you.
How does the Exodus crypto wallet work?
Exodus crypto wallet was created by JP Richardson and Daniel Castagnoli in 2015. It supports over 100 cryptocurrencies, including bitcoin.
Also, it features desktop and mobile platforms, so you can manage your funds whenever and wherever you want.
It is important to note that you need to download the app to use it.
This company is the world’s leading hardware crypto wallet integrated with Trezor and offers users an intuitive and beautiful interface.
By using it, you will be in total control of your assets, with a wallet that offers advanced security.
Furthermore, it is designed for beginners. So, it delivers simplicity and effortless features for those who want to send, receive, and exchange bitcoin or other cryptocurrencies.
Exodus doesn’t charge fees for receiving and sending crypto. However, transaction fees go to the network, and it sets a variable spread of up to 4%.
Moreover, Exodus is a decentralized and distributed exchange, meaning that users swap digital coins through peer-to-peer trading.
Is Exodus a good crypto wallet?
Exodus was created to offer users simplicity, easy management, and safe use for those who are interested in investing in cryptocurrencies.
It not only supports bitcoin but also allows you to send, receive, and exchange over 100 other cryptocurrencies.
It doesn’t set a fee list, but it charges a variable spread, and transaction fees go to the network, which can result in higher costs.
Although you must download the app to access the service, Exodus allows you total control of your access with peer-to-peer swaps.
- Exodus is a decentralized and distributed platform that allows you total control of your assets and more than 100 cryptocurrencies exchanges;
- It is integrated with Trezor hardware;
- User-friendly and easy-to-use platform with a beautiful design;
- It doesn’t charge fees for sending or receiving crypto.
- It features transaction fees and a variable spread;
- It doesn’t allow fiat currency exchange.
Should I use Exodus wallet?
Exodus wallet is excellent for beginners who look for an accessible platform with a specialized support team to help you out when you need it.
But, it is important to note that it charges network fees, and it doesn’t allow you to withdraw to a fiat currency.
Learn how to apply for it at the following link!
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