Exodus Wallet Review 2022: All You Need To Know

Exodus is a multi-currency Bitcoin wallet that supports more than 130 cryptocurrencies including Ethereum, Litecoin, and Ripple. The wallet was built by the team behind the popular cryptocurrency exchange Bitfinex.

Exodus has a clean and intuitive user interface, is compatible with all major operating systems and mobile devices, and offers secure storage for more than 130 cryptocurrencies.

Exodus Wallet Overview

Exodus is a wallet that allows users to store and transfer their cryptocurrency. Exodus was created with the intention of providing users with an easy way to store cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others. It also provides users with a way to easily move funds from one wallet to another or into exchange wallets.

The Exodus wallet is the first desktop-based multi-asset wallet that offers a comprehensive set of features and functionality. It’s also one of the safest, with extensive security measures built into the application to protect your assets.

Exodus is not only a wallet, but also an exchange and broker. The team at Exodus has partnered with Kraken to provide users with their first option for buying and selling of cryptocurrencies.

Exodus is the first wallet that allows users to store more than one cryptocurrency. The wallet supports Bitcoin, Ethereum, Litecoin, and ERC20 tokens. It also has a built-in exchange where users can buy cryptocurrencies with fiat money.

How Does It Work?

 Exodus is a multi-currency wallet that allows users to store their cryptocurrency alongside other assets. It also supports exchanging between cryptocurrencies and fiat money. The wallet can be downloaded for free from the official website.

The application’s interface is user friendly allowing users to easily navigate through different sections of the application such as:

• Wallets – This section displays details about your various accounts (wallets) including balances, transactions history, exchange rates, and more. You can also export your private keys into a CSV file or print them out if you wish to keep them secure on paper instead of in the cloud where they are stored by Exodus itself;

• Exchange –  This section allows users to buy and sell cryptocurrencies for fiat money. The Exchange is integrated with the Kraken exchange;

• Settings – The settings section contains details about your email account, security, privacy, and other related settings such as a seed phrase (a backup of the wallet’s private keys stored on your computer). You can also change the language in which the application is displayed;

Exodus Wallet Security Measures

One of Exodus’ most interesting features is that it has incorporated security measures into its software itself rather than relying on third party applications to store private keys. This means that even if you lose your phone or computer containing your password, you will still be able to access all of your cryptocurrency in the Exodus wallet. This feature makes it one of the safest wallets available today.

While there are no perfect security solutions from an outsider’s point-of-view, this feature does make Exodus feel more secure than most multi-currency wallets out there today. It also provides users with peace of mind that their cryptocurrency will remain safe even if they lose their phone.

Exodus also has encryption built into its software and servers to prevent users from being able to view or access the private keys for any currency stored in the wallet. This means that even if a hacker somehow manages to steal your Exodus wallet password, he/she won’t be able to gain access to your funds because the private key is encrypted and therefore cannot be decrypted.

You can use exodus wallet to send and receive money, or you can use it as a way to store your cryptocurrency. To do this, you need to create an account on the website’s mobile app. Then you need to download the wallet software onto your computer. After that, you’ll be able to access all of your funds through their webapp interface.

On mobile

Ability to send and receive funds on mobile devices. 

The process of getting your bitcoin out of exodus is fairly simple. First, you need to make sure you have a Bitcoin wallet. The most popular options are Mycelium and Electrum.

You can also use the web wallets from Blockchain and Coinbase if you don’t want to download an app or install software on your computer. Once you have a Bitcoin wallet, go back to exodus and click the “Send” button in the top right corner.

This will take you to a page where all of the addresses for your bitcoins are listed. Find the address that corresponds with the bitcoin wallet that you have on Exodus, then copy it down so that no one else uses it accidentally when they send money from their own account to yours (this is called losing your private key).

You can now go back into your main account at exodus and choose “Withdrawals.” Click “Add new withdrawal,” paste in what was copied from step 3 above, then press submit. That’s it!

Different types of crypto

Ability to store different types of cryptocurrencies, including Litecoin, Bitcoin Cash, Ethereum, Monero, Dash and many others.

Exchange

Ability to exchange between cryptocurrencies easily.

Security

Exodus is designed to be as secure as possible. The wallet uses the latest encryption technologies and has a strong security system in place. It also has a way to store your private key safely offline, so that no one can access it if you lose your phone or computer.

To begin using the wallet, you need to create an account. Then you’ll be able to access your funds through their online interface. You can also use it as a way to store different cryptocurrencies, including Bitcoin, Litecoin, Ethereum and others.

The wallet also has a built-in exchange function that allows users to easily exchange between different currencies or other digital assets. The wallet is compatible with Windows and Mac operating systems, so there’s no need for additional software or drivers.

Pros And Cons

Pros and cons are two sides of the same coin. Both have something to offer, but both can also be used as a way to criticize or discredit something. When discussing a product or service, it’s important to know what the pros and cons are so that you can make an informed decision about whether or not you want to use it.

Pros

  • Can store different types of cryptocurrencies
  • Allows for easy exchange between different currencies.
  • Has a way to store your private key safely offline. Cons
  • Requires a computer in order to operate.
  • Only works on mobile devices with iOS or Android operating systems. 

Cons

  • Has a small number of cryptocurrencies to choose from.
  • Can be difficult for beginners to use.
  • Can be complicated to set up.

Cryptos That Are Supported By Exodus Wallet

  • 0x ZRX
  • 1inch 1INCH
  • Aave AAVE
  • AdToken ADT
  • AirSwap AST
  • Algorand ALGO
  • Ambrosus AMBETH Network
  • Amp AMP
  • Ankr ANKR
  • Appcoins APPC
  • Aragon ANT
  • Ark ARK
  • Audius AUDIOETH Network
  • Audius AUDIOSOL Network
  • Augur REP
  • Balancer BAL
  • Bancor BNT
  • Basic Attention Token BAT
  • Binance Coin BNBBNB Network
  • Binance Coin BNBBSC Network
  • Binance USD BUSDBNB Network
  • Binance USD BUSDETH Network
  • Bitcoin Cash BCH
  • Bitcoin Gold BTG
  • Bitcoin SV BSV
  • Bitcoin BTC
  • BitTorrent BTT
  • BnkToTheFuture BFT
  • Bread BRD
  • Breaker SNGLS
  • Cardano ADA
  • Chainlink LINKETH Network
  • Chainlink LINKSOL Network
  • Chiliz CHZ
  • Cindicator CND
  • Civic CVC
  • Compound Dai CDAI
  • Compound COMP
  • Cosmos ATOM
  • com Coin CRO
  • com MCO
  • Curve DAO CRV
  • Dai DAI
  • Dash DASH
  • Decentraland MANA
  • Decred DCR
  • Dent DENT
  • Dentacoin DCN
  • DigiByte DGB
  • DigixDAO DGD
  • District0x DNT
  • Dogecoin DOGE
  • Dragonchain DRGN
  • dYdX DYDX
  • Edgeless EDG
  • Elrond EGLD
  • Enjin Coin ENJ
  • EOS EOS
  • Ethereum Classic ETC
  • Ethereum ETH
  • Fantom FTMETH Network
  • Filecoin FIL
  • FirstBlood 1ST
  • FTX Token FTT
  • FunFair FUN
  • Gemini Dollar GUSD
  • Genesis Vision GVT
  • Gnosis GNO
  • Golem GLM
  • Golem GNT
  • Hedera Hashgraph HBAR
  • Holo HOT
  • Huobi HT
  • ICON ICX
  • IExec RLC RLC
  • Kyber KNC
  • Lisk LSK
  • Litecoin LTC
  • Loom LOOM
  • Lunyr LUN
  • Maker MKR
  • Matchpool GUP
  • MediShares MDS
  • Melonport MLN
  • Metal MTL
  • Monero XMR
  • Nano NANO
  • NEM XEM
  • NEO Gas GAS
  • Neo NEO
  • Numeraire NMR
  • OMG Network OMG
  • Ontology Gas ONG
  • Ontology ONT
  • Orca ORCA
  • PancakeSwap CAKEBSC Network
  • PAX Gold PAXG
  • Paxos PAX
  • Pillar PLR
  • et POE
  • Polkadot DOT
  • Polygon MATICETH Network
  • Polygon MATICMATIC Network
  • Polymath Network POLY
  • Populous PPT
  • Power Ledger POWR
  • Qash QASH
  • Qtum QTUM
  • Quant QNT
  • Quantstamp QSP
  • Raiden RDN
  • Ravencoin RVN
  • Raydium RAY
  • Ren REN
  • Request REQ
  • Revain REV
  • Ripio RCN
  • Rivetz RVT
  • Sai (old Dai) SAI
  • Salt SALT
  • Santiment SAN
  • Serum SRM
  • Shapeshift FOX FOX
  • Shiba Inu SHIBBSC Network
  • Shiba Inu SHIBETH Network
  • Solana SOL
  • SportX SX
  • Status SNT
  • Stellar Lumens XLM
  • Storj STORJ
  • Storm STORM
  • StormX STMX
  • SushiSwap SUSHI
  • Synthetix SNX
  • TaaS TAAS
  • TenX PAY
  • Terra LUNA
  • Tether USD USDTETH Network
  • Tether USD USDTTRX Network
  • Tezos XTZ
  • The Graph GRTETH Network
  • The Graph GRTSOL Network
  • Theta Fuel TFUEL
  • Theta THETA
  • Time New Bank TNB
  • Tron TRX
  • TrueUSD TUSD
  • Tulip Protocol TULIP
  • UMA UMA
  • Unavailable for exchange.
  • Uniswap UNI
  • Unus Sed Leo LEO
  • USD Coin USDCBSC Network
  • USD Coin USDCETH Network
  • USD Coin USDCMATIC Network
  • USD Coin USDCSOL Network
  • VeChain VET
  • Veritaseum VERI
  • VeThor VTHO
  • Viberate VIB
  • Voyager VGX
  • Waves WAVES
  • WeTrust TRST
  • Wings WINGS
  • Wrapped Bitcoin WBTC
  • XRP XRP
  • Yearn Finance YFI
  • Zcash ZEC
  • Zilliqa ZIL

Is The Exodus Wallet Safe To Use Or Not?

The Exodus Wallet is an online wallet that allows you to store your cryptocurrency coins offline. With the Exodus Wallet, you have total control over your private keys which means no 3rd party can access or steal any of your funds.

Does Exodus Wallet charge fees?

No, Exodus Wallet does not charge fees. The only thing that you need to do is buy and hold the token as you wait for it to grow in value.

Has exodus wallet Been Hacked?

Yes, exodus wallet has been hacked. The hackers have stolen the private key of the user’s wallet and managed to withdraw all the coins from their account.

The Exodus wallet has been hacked before. In fact, it was one of the first wallets that suffered a hack. That said, they’ve since addressed the issue and have made improvements to their security practices. The good news is that you can rest easy knowing that your money is safe in Exodus’s possession.

Summary

In summary, the Exodus wallet is a very advanced wallet that has been designed to be fully compliant with all regulations and guidelines.

It’s secure and comes with ease of use. It’s also one of the most expensive wallets out there, but this makes it more attractive to clients who want maximum security for their money.