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Exodus

It is the first desktop wallet to be fully compatible with ShapeShift, a cryptocurrency exchange. It stores over 30 different digital currencies.
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General Information

What should you know about this exchange?

Overview

Exodus first came out as a desktop wallet that emerged into the market in 2016. It is the first desktop wallet to be fully compatible with ShapeShift, a crytocurrency exchange. It stores over 70 cryptocurrencies and 33 ERC-20 tokens.

Like all desktop wallets, all digital currencies are held on the computer device. The entire blockchain doesn't have to be downloaded to the computer because Exodus is a lite wallet.

Exodus now provide users with a hardware wallet as well through a collaboration with Trezor Wallet. Exodus offers charts and graphs for best user experience. It is also easy to use for new traders who never used an exchange before.

The software is free to download and use. They do however charge a small fee every-time a transaction is processed. The fees are not kept by Exodus, but to the blockchain instead. Exodus makes money by taking small portions of the spread on major assets, usually around 1-3%.

Exodus

Pros

  • Exodus is designed for people who have never used an exchange.
  • Supports over 70 cryptocurrencies and 33 ERC-20 tokens.
  • Awesome user experience through innovative design.
  • Frequently being updated and improved.
  • Allow you to retain your private keys.
  • Integrated crypto-to-crypto exchange through ShapeShift.

Exodus offers a complete integration to Trezor hardware wallet.

Exodus

Cons

  • Cannot generate new addresses.
  • 2-Factor authentication isn't available.

High fees exchanging crypto-to-crypto through the exchange.

Additional Information:

Features, security, and more.

Is

Exodus

safe?

Exodus as a company does not store any sensitive data about your wallet. With the power of controlling your own bank, comes the added responsibility of protecting your bank.

Exodus

Features

Exodus + Trezor - The new hardware wallet experience. Exodus is designed for people who have never used an exchange. Buy and sell one cryptocurrency for another from the comfort of your wallet, in seconds - no registration needed.

Supported Cryptocurrencies

Exodus supports over 70 cryptocurrencies and 33 ERC-20 tokens.