EXODUS WALLET
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Exodus is also a public company that has offered securitized shares in an STO. That makes us wonder how a free wallet makes money. The most important thing to consider here is whether it is safe. Yes, it is safe because there have been no hacks or exploits of any wallet. The only issue I can say is when a user downloads a malicious program app from a phishing site and the only way not to fall victim is to make sure you are on the official website. Unlike the trust wallet, the Exodus wallet code is not an open source on particular components, and Exodus they do this because fully opening the code would make hacker copy and create a phishing vision.
Although it is true it still doesn't trump the benefit of having the crypto community separately vet the robustness of the code. Exodus has extensive coin support and over 260 different assets. You can also send NFTs and they can be viewed within the app. Exodus support NFTs on several different networks including Algorand, Avalanche, BNB, Phantom, Solana, and so on. Just like the trust wallet, the Exodus wallet also has the feature to swap cryptocurrency in the app. This is provided as a combination of decentralized exchanges, DEXES, and centralized exchanges. For the DEX aggregator, they source liquidity from several different providers which means you can get the best rate and market condition for that token at that time. When it comes to cross-chain swap, Exodus will connect you with some API of some non-custodian exchange provider, this is where Exodus makes its money. The charge of the transactions is going through both the cross-chain DEX and the Fiat conversion tools.
Of course, this is how they offer a free product and I think it is good. If you want to buy crypto with Fiat, that option is also available. Just like Trust wallet, Exodus has integrated with some third parties payment processors. You can is bank transfers, cards, or Apply pay. When it comes to web3 support, you can easily connect to adapt using web3 connect. Unlike Trust wallet, you can not use this app within this app yourself because you will either have to open your mobile browser or web browser. One thing that Exodus wallet and Trust wallet don't have is the ability to connect to the lightning network. Of course, that could be a great option for anyone wanting to send or receive Bitcoin quickly with the network fee. In terms of device support, the Exodus app is available on Android and IOS and it has great reviews. You should know that the Exodus mobile wallet can be used in conjunction with the desktop wallet which wallet means you can access your assets from either mobile or desktop.
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