The private keys are highly encrypted and are never shared with Exodus’s servers as they are stored on your computer. Exodus users have full control over their private keys as they are generated locally for your eyes only. While the Exodus wallet may have some security flaws, it is still more safe and secure than online wallets. With these security flaws, it is not recommended to store large amounts cryptocurrency in the Exodus wallet. Also, the code is not 100% open source, therefore the Exodus wallet has a potential central point of failure. Therefore, the Exodus wallet is actually less secure than much of the competition. Exodus does not support two-factor authentication methods or multi-signature wallets. Users must ensure they use a unique password that is hard to guess as this is the only method of securing the Exodus wallet. The only security measure for accessing your Exodus wallet is a secure password requirement. Users should avoid downloading questionable files that may be infected and ensure their network security settings are up to par. In order to use the Exodus wallet securely, you must download it on a secure computer with a sophisticated anti-virus and anti-malware program. The Exodus wallet is a safe and secure cryptocurrency wallet, but it is only as safe and secure as the computer it resides on and the practices you follow. Users who hold a significant amount of cryptocurrency may want to consider more secure options that are resistant to malware and hacking attempts like hardware wallets. Also, the Exodus wallet is a software desktop wallet and is, therefore, less secure than a hardware or paper wallet. For instance, users who require a mobile wallet they can take everywhere will not find Exodus suitable. While the Exodus wallet can be suitable for nearly everyone, there are users who will not find it suitable for their needs. The wallet is especially good for people who hold a diverse selection of cryptocurrencies as it supports over 30 coins. Both experienced and beginner cryptocurrency users will appreciate the Exodus wallet as it provides a simple and easy to use interface for storing, transacting and trading your coins. The wallet does not require its users to be tech savvy, so nearly everyone can use the Exodus wallet. The Exodus wallet is built for the mainstream cryptocurrency user and is one of the easiest and best looking crypto wallets available. For now, the Exodus wallet can only be downloaded for desktop computers from the Exodus website and GitHub page. Unfortunately, Exodus does not have a downloadable mobile application, however, they have plans to add mobile support in the future. The Exodus wallet is a desktop software wallet that’s compatible with Windows, Mac, and Linux desktop computers. As well, users have full control over their private keys as they are stored on their personal computer and are never shared with Exodus’s servers. Therefore, the wallet is very fast, responsive and convenient.Īll blockchain assets are fully encrypted and secured by a password. The in-wallet crypto exchange is made possible due to ShapeShift API integration.Įxodus is a litewallet which means the user does not need to download the entire blockchain to their computer. Users of the Exodus wallet can trade their cryptocurrencies from within the wallet using the wallet’s built-in cryptocurrency exchange. The wallet is extremely easy to use and understand. As well, all of the available features are clearly shown in a menu stretching down the left of the screen. This allows users to more easily manage their portfolio and keep track of their crypto assets and their values from within the wallet. It is very intuitive and easy to use with a visual representation of your crypto assets via a pie chart. The entire wallet interface is one of the most beautifully designed wallets we have seen. The wallet supports all the major cryptocurrencies as well as an extensive array of altcoins including all ERC20 tokens and others. The Exodus wallet supports far more than just Bitcoin.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |