Using Exodus Wallet to Store your Cryptocurrency: Bitcoin, Ethereum, Litecoin, Dash etc

in #bitcoin7 years ago (edited)

Download your free Exodus wallet at https://www.exodus.io/

Exodus Wallet: The Merkle Review

In the world of bitcoin and cryptocurrency, there are quite a few different services people enjoy using. While exchanges are among the most popular services, there are over a dozen bitcoin wallets available as well. Exodus is one of those cryptocurrency wallets many people seem to like, even though it is hardly ever mentioned. Now would be a good time to take a closer look at what this wallet offers and why so many people have taken a liking to it.

EXODUS IS QUITE A VERSATILE WALLET

Although it is difficult to distinguish oneself from the competition as a cryptocurrency wallet service provider these days, Exodus tries to do a few things differently. First of all, the wallet does not just support bitcoin, as it also integrates ETH, LTC, Dash etc.

Supporting multiple digital currencies is not enough to stand out among competitors, though. Exodus positions itself as a convenient wallet solution through its appealing user interface. In fact, one could argue anyone in the world can get comfortable using Exodus within minutes, regardless of any prior experience with cryptocurrency wallet solutions. In this regard, Exodus is a wallet option for both novice and experienced cryptocurrency enthusiasts.

Moreover, the user interface will also create a pie chart based on a user’s holdings. This feature is well appreciated by a lot of users so far, as it provides an interesting visual of their cryptocurrency holdings. Moreover, the wallet also provides a built-in exchange, which allows for instant trading between the five supported currencies. A nifty feature, that much is certain. The exchange feature is made possible due to the integration of the ShapeShift API.

That does not mean the wallet is not without its flaws, though. One feature that would make Exodus more worthwhile is having the option to control several wallet addresses per supported currency. For example, it is not possible to have both a regular bitcoin address and a watch-only address in the same client. That is a big let-down for a lot of users, although it is something the developers can easily fix in a future update.

Moreover, it may require a bit of work to display the total value of all cryptocurrency holdings in a currency other than the US Dollar. Customization is a critical part of any cryptocurrency wallet in existence, and Exodus may need a bit more work in this department. Do keep in mind the wallet itself functions just fine, yet non-Americans may want to display their portfolio value in a different national currency.

All things considered, the Exodus cryptocurrency wallet is quite a popular solution for both experienced and novice users. Some further customization options are more than welcome, although there is no reason to believe they will not be added in a future client update. The built-in exchange feature has been received by the overall community so far, that much is certain. It is worth mentioning Exodus is only available for desktop users, as there is no mobile client available as of right now.

For the full article please refer to; https://themerkle.com/bitcoin-wallet-review-exodus/

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I use Exodus as well. I like the wallet overall, but there is another downside that should be mentioned. You cannot set the fee when sending, which can be quite a lot for bitcoin at the moment. Exodus has as policy to have fast transfers, which for a BTC transaction can mean USD 10-15 per transaction.

Yes, I agree the fees can be very high, it's a real shame. I have now linked my Exodus wallet to my blockchain wallet, which reduces the fees. I'm in the process of creating this video for YouTube.

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Thank you! Followed :)