Exodus Cryptocurrency Wallet Review

Hundreds of services incorporate digital asset storage capabilities. Wallets differ in terms of functionality, approach to fund security, and speed of access. The type of storage chosen is determined by the customer’s expectations. If security is a concern, you should choose from a variety of hardware components.

Exodus Cryptocurrency Wallet Specifications

Exodus is a multi-currency wallet that supports a variety of coins and tokens. Owners are presented with an exchange option directly within the application. It has an easy-to-use UI.

Because the program is a “thin” sort of storage, it does not require downloading the blockchains of all supported networks. This is another advantage. Additional advantages include the following:

• Function of trading.
• The conversion of cryptocurrency prices to their money equivalents.
• There is a deficiency in registration and verification.
• Private keys are being uploaded.
• 24/7 customer service.
• Utilizes a mnemonic phrase to create a backup.
• Private key storage on the client’s device.
• Simultaneously, the software’s designers closed the source code. This causes owners to be concerned.
• Storage is popular despite security issues. The service operates without incident.

Team of Developers

In 2015, the company was created. JP Richardson and Daniel Castagnoli are among the developers. The first is in charge of the technical aspects. Richardson has authored and published more than 200 open source projects. Each one is linked to bitcoin and other cryptocurrencies.

The design is by Daniel Castagnoli. He worked on projects for brands such as bmw, Disney, Apple, Nike, and Louis Vuitton.

The team established an aim of creating an attractive wallet. The primary objective is to make cryptocurrencies accessible to everyone.

Origins of creation

The project team established a primary objective: to create a solution that is simple to use and understand for all users. Priority is given on ease of use, accessibility, and security. Simultaneously, the user should meet as few technological complications as possible.

The project’s primary parameters are as follows:

• Established in 2015.
• Over 200 upgrades and modifications have been performed.
• Created desktop and mobile applications for all major operating systems.
• The product is updated every two weeks following its first release.
• There are over 150 coins and tokens supported.

Various Operating Systems

As of February 2022, cryptocurrency is stored in the following operating systems for users of personal computers and mobile devices:

• Windows
• macOS
• Linux
• Android
• iOS.

You can download the Exodus cryptocurrency wallet on a computer running the 64-bit version of the Windows operating system. Additional options are not included.

Cryptocurrencies that are supported

By February 10, 2022, the service will have 158 digital items stored. In terms of coin and token support, the desktop and mobile versions are identical. Among the current cryptocurrency positions are the following:

• Tether Bitcoin Ethereum (based on the ETH and TRX network)
• CoinBinance (on various protocols)
• US Dollar Coin (ETH and Matic Network versions)
• Cardano Solana Polkadot, Ripple Cardano Solana Polkadot, and others.

You can view a list of supported cryptocurrencies on the site. By default, the rating is calculated using data from CoinMarketCap. You can sort the results alphabetically or by title.

Commissions

There are no download or installation fees associated with the Exodus Cryptocurrency Wallet. The company gets money by conducting transactions within the vault. Users are charged a commission on currency exchange transactions.

The cost of sending or receiving payments is determined by the network’s load. Additional commissions are not included in the service. Simple transactions generate no revenue for the business.

Monitoring cryptocurrency exchange rates

Owners of software can readily exert control over the digital asset market. Courses are listed on the vault’s main page. To view them alongside the price change chart, enable the Price action option. The last month’s dynamics will be displayed on the screen. By clicking on the image, you may enlarge the graph. You can check the history of exchange rate changes for the day, week, month, quarter, and half year by visiting the Wallet section. Users have access to the following information:

• Price – the asset’s current price.
• 24H Change – daily percentage changes.
• Market Cup – capitalization of the company.
• 24H VOL – daily trading volume.

You can sort each cryptocurrency by its value from highest to lowest and vice versa. Annual income is a feature of stakingable coins and tokens.

Conclusion

Exodus is a high-density multi-currency wallet. It enables recovery from a seed phrase. The creators have created a passive revenue stream through staking. Additionally, users have access to sports betting, as well as coin and token exchanges (through the partner trading platform).

The application features a straightforward and intuitive user experience without of superfluous design components.