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Multi-Crypto Wallet Spotlight: Exodus

Dec 9, 2019 | Crypto Wallets

Finding the right cryptocurrency wallet to suit one’s individual needs is not easy. Dozens of offerings are available on the market, and all of them try to do things slightly different. Exodus has been widely praised for being a convenient multi-currency and cross-platform cryptocurrency wallet solution. 

What is Exodus?

Exodus is a software solution that aims to let users own their cryptocurrency portfolio properly. It is possible to send, receive, and even exchange different cryptocurrencies through the ecosystem itself. Numerous aspects of this wallet stand out, making it one of the most encompassing wallet solutions to be found on the market today.

Other than the support for cryptocurrencies, Exodus also offers live charts, portfolio tracking, and a built-in exchange. This latter feature lets users convert between the dozens of supported assets with relative easy. It has everything both novice and experienced users hope to see in a cryptocurrency wallet, with no unnecessary bells and whistles. 

Cross-Platform Support and Syncing

Whereas most cryptocurrency wallets only work on a computer or smartphone, the Exodus team opts for a completely different approach. This is one of the few wallets that works across desktop, mobile, and hardware wallets alike. This allows users to customize their experience to suit their needs, whether it be for convenience or security purposes.

What is rather interesting is how mobile users can sync their Exodus installation through the desktop application. For traders and holders who want a multi-device approach regarding their crypto portfolio, that is a crucial feature. It doesn’t require much of a setup either, as the solution is built to be convenient and secure. 

The introduction of hardware wallet support is rather unique in the cryptocurrency world. Exodus is compatible with the Trezor hardware wallet at this time. Using the hardware wallet optimizes one’s security, whereas the Exodus client makes it convenient to view and control assets accordingly. For users who want that extra layer of security, this option is certainly worth checking out.

Beautiful UI is a Contributing Factor

Whereas most of the cryptocurrency wallets are rather bland, Exodus provides one of the most beautiful and elegant designs to be found. It doesn’t include unnecessary menus or settings, yet provides a ton of information regarding one’s portfolio regardless of the device it is used on. 

This makes the wallet appealing to experienced users, but also welcoming for new enthusiasts. Every bit of information presented to users has its purpose, and directly correlates to what assets the user holds at that time. This is also part of the reason why this software package has become one of the most popular crypto wallets globally.

Several Dozen Assets Supported

For a multi-currency wallet, Exodus certainly has no lack of supported assets. Users who have any interest in the top currencies will find what they need in this wallet. There is also support for other assets in the market cap top 50, as well as various stablecoins on the market today. 

The latest additions include Dogecoin, DAI, Nano, and Cosmos. In total, Exodus currently supports 109 assets, most of which can be accessed on both mobile and desktop clients without any problems. Hardware wallet support is heavily dependent on how the Trezor team feels about integrating those particular assets.

Images courtesy of their respective sources.

Fintoism is not providing financial or investment advice. All content published on this platform is for entertainment and educational purposes only.

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<a href="https://fintoism.com/author/oglock/" target="_self">JP Buntinx</a>

JP Buntinx

JP Buntinx is passionate about cryptocurrencies, fintech, blockchain, and finance. He currently resides in Belgium.

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