Bislang war die Crypto Wallet Exodus lediglich für Desktop-Systeme verfügbar, jetzt steht das Tool mit Unterstützung für knapp Send, receive, and exchange your favorite cryptocurrencies like Bitcoin, Ethereum, Ripple, and more with Exodus. Manage crypto securely in a beautiful. Damit Du nun ganz unkompliziert an Deine Bitcoins kommst, haben wir den Bitcoin-ATM für Dich getestet. Bevor Du nun also voller Tatendrang.
Exodus Wallet: Die 3 besten Alternativen im ÜberblickSie können mit Bitcoins handeln, Electrum bietet aber keine Möglichkeit, Bitcoin gegen andere Währung zu verkaufen. Damit Du nun ganz unkompliziert an Deine Bitcoins kommst, haben wir den Bitcoin-ATM für Dich getestet. Bevor Du nun also voller Tatendrang. Im Gegensatz zu Börsenplattformen behält Exodus keine der Transaktionsgebühren ein, die für den Bezug von Bitcoin (BTC), Ethereum (ETH).
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It might not offer as low prices as you will find on exchanges like CoinBase and Bittrex , but it is great for non-professional traders wanting to buy different cryptos.
No Exodus wallet review would be complete without looking at the security of the software. Exodus gives you a relatively-safe cryptocurrency wallet for daily use.
Since it is an online wallet , it will never be as secure as leaving digital currency in cold storage such as a paper wallet.
It also lacks some features which make it less secure than other, more complex software wallets. If the device that the Exodus Bitcoin wallet is stored on your computer is lost, stolen, or damaged, you can still access your cryptocurrency.
Exodus offers its users two ways of restoring their wallets. The first is to use a standard word passphrase.
This is given to you when you first make an account. Write it down and put it in a safe deposit box.
Another helpful backup feature is the email restore option. Clicking on this will restore your account. With a few more extra features, the Exodus wallet could offer much better security.
However, with time, these features might surely be added. This makes it easier for hackers to use a keylogger to break into a wallet.
All that protects the wallet is a single password. Once in, a hacker has access to the cryptocurrencies stored there. Note: A keylogger is a piece of malware that records the keys pressed on your keyboard.
They are used to find email addresses and passwords. Another feature that the Exodus wallet lacks is multi-signature addresses.
The idea behind a multi-signature address is like two-factor authentication. It gives another layer of security to a wallet. Examples of this are email or text message confirmation.
Both of these devices must confirm a transaction before it is broadcast to the network. This makes it much more difficult for hackers to steal funds because they must access two devices instead of one.
The Exodus wallet is much more suited for use as a day-to-day wallet. Compare it to your real-life wallet. Continuing this Exodus wallet review, let's take a look at how the security aspect of the Exodus wallet compares to some other wallets out there.
The Exodus wallet is much more secure than a web wallet. Web wallets, like those found at exchanges such as Coinbase , are the easiest to lose funds from.
They have security risks that no other wallets have. For these reasons, web wallets are not suitable for storing cryptocurrency.
If you are an active trader, you will have to take the risk. This is because trading requires your coins to be available at short notice, so you can take advantage of movements in the price of certain cryptocurrencies.
The Exodus wallet is much less secure than either a paper or hardware wallet. Neither of these are always connected to the internet like most software wallets are.
This reduces the chances of them being hacked. If your software wallet is on a computer that you use every day, the chances of you downloading malware or keyloggers are much higher.
If you want to store your cryptocurrency for a long period of time, paper or hardware wallets are the best option.
Wallets like the Exodus wallet are great for people who use small amounts of cryptocurrency regularly. They are also good if you want to swap one cryptocurrency for another.
Download the wallet from the official website. Beware of phishing fake websites. Check the security certificate of the site you are visiting by looking at the green text next to the website address.
Click on the cryptocurrency you want to add to Exodus. You will be shown an address and a QR code. This is your public wallet address and is what you give to someone that wants to send you some crypto.
You can also use this to send crypto from another wallet of yours to your Exodus wallet. If you are sending crypto from another device that has a QR code scanner , you can use the QR code to get the address.
Note: Phishing websites are sites that have been designed to look like popular websites. They are made by scammers to steal information such as login data.
This is then used to steal funds from the actual service the victim was trying to access. To use your Exodus wallet to send cryptocurrency, follow the steps below.
Note: On the Exodus Wallet, each network fee is automatically worked out for you. This is great for basic users. However, the fees are often much larger than they need to be.
Exodus wallet fees are set up to transfer as quickly as possible, not as cheaply as possible. Just like other features of the Exodus wallet, the exchange is very easy to use.
Just follow the steps below. On the left, you will select the cryptocurrency you are swapping. On the right, you select the cryptocurrency you want to receive.
Click the left-hand option. Change it to the currency you want to swap. At the bottom of the page, you will see the current exchange rate between the two assets you selected.
When you have checked that you have entered all the details correctly, click the exchange button. You should receive your new crypto asset shortly after.
Ether wallets and all ERC20 tokens share the same address. Cool, huh? So, to check that they arrived, you must enter your Ethereum public address on an Ethereum blockchain explorer.
To send these tokens back out of your Exodus wallet is a little tougher. The Exodus wallet is great for people who are new to the cryptocurrency space.
While there are a few drawbacks to the Exodus wallet, these shouldn't be an issue for most people who are planning to use the wallet for small , day-to-day transactions.
If you're looking to trade huge amounts of cryptocurrencies, though, it's best that you take the time and look into Exodus a bit closer.
If you're interested in finding out more about other cryptocurrency wallets, feel free to check out our guide how to choose the best cryptocurrency wallet.
Now that you understand the software a little better, what do you think? Will you be using it for your day-to-day crypto spends?
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.
Before making financial investment decisions, do consult your financial advisor. We do not publish biased reviews or spam. So if you want to share your experience, opinion or give advice - the scene is yours!
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The Exodus wallet is often referenced as one of the better software wallets on the current market. While it won't provide users with as much security as a cold wallet would , it's still definitely worth considering, especially if you're an active trader who deals with different cryptocurrencies in your day-to-day life.
The Exodus wallet is, first and foremost, perfect for beginner cryptocurrency enthusiasts. That's because it's very simple to use, and allows you to store and trade multiple different cryptocurrencies, not just Bitcoin or Ethereum.
Also, the wallet is a software, so it's a much safe option than just keeping your crypto coins on an actual exchange.
Admittedly, there are some user Exodus wallet reviews that aren't very sure about the safety aspects of Exodus.
That being the case, though, this is mostly based on the fact that it's a software-type wallet. If you want maximum safety, you'd have to use a cold storage device - doing so, though, will make it difficult to trade cryptos " on the fly ".
Compared with other software wallets, Exodus is mediocre in its security aspects. Yes - and a lot of them! When you first start using the Exodus wallet, you will have to add coins to it for safe storage and also to send them to other wallets.
If you already have some coins in your account, you can easily use the in-built ShapeShift support to exchange coins directly within the wallet.
Here is how to accomplish it-. The wallet trades affordability for speed because of which your transactions get accepted more quickly, but you also have to pay extra.
Ideally, the users must be allowed to manually select how much fee they intend to pay for a particular transaction. Exodus itself urges users to find better solutions for manual fee decision in other places.
Wallets like eToro serve the users better in this regard. Every Bitcoin wallet comes with its own set of advantages and disadvantages to the users.
Exodus is not the only multi-currency wallet available to the users. There are other popular wallets like eToro and Jaxx that pose significant challenges to Exodus.
Moreover, eToro provides unmatched support, social trading platform as well as multiple language support which is of great help to non-English speakers.
Thus, the eToro wallet is a much better wallet than Exodus. It is a popular desktop-based digital currency wallet available for mobile platforms as well.
Unlike Exodus, Jaxx can also be used as an online wallet. It supports over 66 digital currencies and can show crypto balances in fiat currency to the users.
While it is quite similar to Exodus in principle, Jaxx allows users to choose a transaction speed. It has three speed options- slow, medium and fast.
Therefore, users get to decide whether they want to send their transaction quickly or cheaply. Both Exodus and Jaxx allow in-app crypto-to-crypto exchange using ShapeShift.
Though Exodus provides a larger selection of coins, Jaxx offers more advanced features. The definitive wallet for high-end security , Ledger Nano S is the leader of cryptocurrency wallets on the market today.
It is a hardware wallet that allows users to store their cryptocurrencies offline. The USB shaped device can be connected to your computer to complete transactions or view balances.
It comes with state-of-the-art security features as well. Exodus, on the other hand, is a desktop-based online wallet. It cannot be considered the most secure storage option on the market because of the lack of crucial security features like two-factor authentication.
However, it is great to keep smaller sums of multiple coins at a single place while retaining all your private keys. Exodus wallet is a great product designed to help onboard people into the crypto revolution.
It brings a clean and beautiful user interface. One of its disadvantages is that it makes transactions more expensive than wallets that we consider to be more trustworthy, such as eToro.
Exodus in fact, also has security flaws and lacks advanced features. The absence of two-factor authentication and the complex process of operating the wallet on multiple machines simultaneously also create several hurdles for an average user.
It lets users add multiple ERC20 based tokens, but fails to list them all. Wallets like eToro steer clear of such issues and allow users to retain some control over the fee they intend to pay for a transaction.
Overall, Exodus wallet is a good product. It is not one of the best in the market in terms of security but provides a highly intuitive way to manage multiple crypto assets.
Exodus is free to download and use and does not charge a fee from the users. However, when they make a transaction, the users have to pay the current transaction fee of the network.
This money does not go to Exodus and is instead paid directly to the miners or block validators of the blockchain. There is no charge for holding coins in your Exodus wallet.
ERC20 tokens are Ethereum-based digital assets that are often developed by a company, startup or developer as part of an ICO or other fundraising methods for their blockchain-based idea.
Some popular stablecoins in the market are also ERC20 assets designed to provide a fiat equivalent to the crypto world.
Exodus wallet supports a select list of ERC20 tokens. These coins will not show up in your wallet asset list. You can use your private keys to manage these unlisted assets.
If any of these assets are formally supported by the wallet in the future, they will show up on the list automatically. It is possible to run the same Exodus wallet on two machines.
However, due to the design of the application, it could become complicated for the users to do so. For instance, if the wallet on one computer makes a transaction, the wallet on the second computer will not be able to detect the change.
Users will have to refresh and upgrade both the wallets consistently to ensure that they both reflect the correct balances.
For an average user, this could cause unnecessary hurdles. However, advanced users may want to upgrade their wallets and manually check if their wallets are aligned to each other and the blockchain.
Exodus support could help users explore their transactions if the need be. The Exodus wallet allows you to check your cryptocurrency balances in fiat equivalents which help in providing a smoother experience to the users.
No, the users control their private keys on the Exodus wallet. The Exodus staff does not have access to your private information or your wallet.
They cannot make any changes to your account or manipulate your wallets.