Exodus Multi-Cryptocurrency Wallet Review: DASH/BITCOIN/ETHEREUM Wallet featuring a Built-In Exchange, Minimal Design & User-friendly Interface
Before one decides to even purchase a Digital Currency, it is important to research all the procedures & requirements involved in a storing a Cryptocurrency while having the objective of keeping it safe from unwanted parties
Based on blockchain technology itself, every Cryptocurrency will have a distributed ledger that only stores data but also ensures a digitally established network that Self-regulates & Governs itself
So in order for you to obtain a Cryptocurrency like Bitcoin/Ethereum/Dash/Dogecoin/Litecoin
You will Need a Wallet!
What, a Wallet? To clear any confusion, this is not your everyday real wallet that all Adults carry with them but instead Digital Wallet that has unique addresses to both receive and send virtual tokens
A Bitcoin address is a single-use token. Like e-mail addresses, you can send bitcoins to a person by sending bitcoins to one of their addresses. However, unlike e-mail addresses, people have many different Bitcoin addresses and unique addresses would be used for each transaction.
This applies to every Cryptocurrency out there, that's why when you sign up with Exchanges, Peer-to-Peer platform or any other Third-Party application, they will provide you the addresses needed to receive or send Tokens
With so many Wallets to choose from and an increase in number of upcoming Alt-coins, had led to more innovative Services like Exodus offering an extremely User-friendly Wallet, that offers most of current Cryptocurrencies that we at MyCryptoMark.com recommend to invest in
Personalize your Wallet with custom Themes and become an Expert at keeping track of your Cryptocurrency Portfolio, as developers polished up a not only user-friendly interface but also put a lot of attention in a minimal design, making their services ideal for those with little technical experience
Exodus is a Multi-cryptocurrency wallet that boast a easy-to-use UI. It offers a variety of supported wallet to store your Bitcoin, Ethereum, Litecoin, Dash and Dogecoin all in one place.
Exodus is the first Desktop
Multi-asset wallet with ShapeShift Built-In
It also features a Portfolio Analysts that keeps track with current financial markets, to easily calculate and organize your savings through various graphical representation & statistics
Exodus Wallet has also a Built-in Exchange (a.k.a ShapeShift) that allows you to instantly trade the supported coin with another via Decentralized Exchange
The spread between pairs are not as competitive as popluar Crypto-exchanges with high liquidity but offers a reasonable market rate, this is great just in a scenario you would wish to quickly exchange between cryptocurrency pairs
Let's say, Bitcoin price drops fast due to recent negative sentimental news, to avoid additional losses one can exchange bitcoin to other cryptocurrency using Exodus built-in exchange. There no need to send out any digital tokens to exchanges for a conversion, as it can be done with a couple of clicks from the Exodus Client, this saves you time and money
The backup wizard will allow you to keep your wallet safe and ready for later use, making the procedure of backing up your wallet a walk in the park. Exodus will guide you through your Back-up procedures step by step, so anyone can back-up their wallet without having to worry about it getting it wrong
Reason to Pick Exodus Crypto-currency Wallet, as Your Preferred Digital Wallet
All Crypto-currencies Token Held by Exodus Wallet, are locally stored in your Computer this means that you're in charge of your Digital Tokens, minizing the Risk of Theft while you also have the opportunity to directly engage with the Financial Markets in order to exchange & trade your assets at a click of mouse
Exodus is Revolutionary! This multi-asset wallet sets the new standard for cryptocurrency user experience. Expect a Beautiful design, easy navigation, intuitive framework and high-quality code
Thanks again for putting together your very informative and helpful post. I have referred several newbies asking questions to your past posts. And I am sure I will be referring more SteemIt users to your future posts too.
I have re-steemed your post to help it get a wider audience.
Thanks again and have a wonderful week,
Steem on,
Mike
Thanks Mike, always appreciate the Support! You have Re-Steem so many of my Posts! I always keep with your Posts! Recommend all my followers to check out @etcmike, thanks for making Steemit a great Social Platform
This is exactly what I needed to read. Thanks so much !
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Exodus is a great app that is very easy to use and the devs are super helpful if you have any issues or need help. There is a slack channel that they are always on and I couldn't recommend it highly enough. Monero isnt built in yet, but Factom is coming at the end of this month.
The app is still in development but try it out, and dont forget to head over to their slack channel and ask them to integrate STEEM. If they get enough requests they may add it.
Doing that now! Steem is a Must add for them!
I want to add my endorsement for the devs, too. I had some problems with high transaction fees that wasn't even their fault, but I didn't know what was going on. I emailed them and they explained my problem and even sent me some BTC to pay the transaction fees. Totally above the call of duty!
I was wondering if it's ok to have many wallets ? I guess so ? I opened a Dash Wallet and now I am interested in the Exodus one as well. I was wondering what's the difference to the Open ledger account we need to get trail tokens. I am so badly confused about this but will try to learn more everyday.
Thank your time! You can have multiple Wallet's because essentially it's important to have a Receiving & Sending Address, services will provide you this! So could have multiple Exodus Wallets, just make sure you keep track of your addresses when you engage with Market. Exodus is basically a Hardware Wallet that uses your PC to store your Cryptocurrency tokens, in the event your Hardware get's damage, you can back it up using your unique Exodus Sign-in Details! Important to write your Back-up Key
fantastic advice ! so much to learn