What Is Exodus And Why To Choose It
In the developing cryptocurrency world, there is a need to combine all the information and tools to simplify the transaction process or other steps involved in managing cryptocurrencies. Crypto wallets are some of the key tools to achieve this.
Crypto wallets allow you to manage and safely store digital coins, which you can then access through an access key only you know. You can carry out transactions and manage your account every minute and also see others’ activities, keeping it private at the same time. But not each of those wallets is universal and available so easily. Different wallets offer different features, and depending on what you are looking for, certain wallets may not be the best choice for you.
In this article, we are taking a deep look at Exodus, one of the most widely-used crypto wallets currently in the market.
What is Exodus?
Exodus is a multi-currency and multi-function wallet Founded in 2015 by JP Richardson and Daniel Castagnoli. It is available on desktop and has apps available both for iOS and Android operating systems. You can access your account both on PC and on mobile and control your crypto funds.
Advantages and Features
Exodus, compared to Jaxx and other popular crypto wallets, supports over a hundred cryptocurrencies and tokens, including industry heavyweights such as Bitcoin, Ethereum, and Litecoin, as well as up-and-comers like Stellar, Dai, Lisk, and others. It also supports fiat money.
Using Exodus as your crypto wallet has a variety of benefits. Let’s look at some of them.
Interface and Simple Usage
Exodus has a very simple and user-friendly interface, as it was originally created for beginners who’ve just started using cryptocurrency. Because of this simplicity, users can quickly find everything they need, even if it’s their first time using the wallet.
If you don’t have enough time, you can also do exchanges of cryptocurrency without registration. The wallet created web applications available for Windows, macOS, and Linux for fast and registration-free transactions.
Security
The user-created password is one of the first security steps on Exodus. This password is required to access the wallet after it has been set up, as well as to confirm transactions and view private keys.
The next step is to create a 12-word backup seed phrase that can be used to regain access to the wallet if your device is lost or stolen. All data on the user’s device, as well as data sent during a transaction, is fully encrypted.
Customer Support
Exodus also offers fast customer service available 24/7 to ensure that any issues connected to pending transactions, transaction sending, losing access to a wallet, or others are easily resolved.
There is also a help chatbot on the official site, where frequently asked questions with detailed explained answers and also contact sector where the users can ask their questions online.
Conclusion
Exodus wallet is one of the best crypto wallets, especially for beginners, due to its easy and simple interface. Exodus supports over 100 cryptocurrencies combining many operations in one platform, which can be useful for holders of different cryptocurrencies. It’s available almost everywhere and on every device if it’s connected to the Internet.
Liana Grigoryan is a Journalist and PR specialist who is a freelance Content writer now and writes blog articles related to business, finance and other topics like that. I used to write stories for newspapers and magazines, and as I’m open to improving my professional skills and developing as a specialist, I wanted to try my skills in content writing too. You can see the result in my articles.