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What is Exodus?
Exodus is a multi-currency wallet with shapUNK. In order to transfer power to you, Exodus claims no bank, no broker, and no institutional supervision. Exodus has given blockchain asset investors a platform for them to easily acquire, exchange and manage their digital wealth. Exodus is designed for those who have never used currency exchange before. Transaction will be concluded behind the scenes in a few seconds.
What are the Main Features of Exodus?
- All assets remain in your control: When exchanging assets on a traditional exchange your assets are exposed to counterparty risk. In Exodus your assets are sent directly from your wallet and delivered directly back to your wallet - this structure gives you greater control.
- Privacy: Exodus values user privacy and has no accounts and does not associate any personal data to your financial transactions.
- Speed and Convenience: Exchanging assets on a traditional exchange requires users to send the assets to the exchange and wait for confirmations. Customers then must post orders on the exchange and have those orders filled. Finally, if a customer wants assets moved, they initiate a withdrawal from the exchange and must await verification from the exchange. These three steps are a manual process. Exodus automatically handles all of this work behind the scenes.
- Cost and wait-time: To exchange on a traditional exchange, users need to pay fees to send the asset to the exchange, then wait for network confirmations, then wait for the exchange to credit your deposit, then set up the trade, then pay to have the asset sent back to your wallet. Exodus automates all of these steps for you.
Is Exodus Wallet Safe?
Exodus gives users the power to control the digital wealth, it does not store any personal information nor wallet files on the servers. Exodus cannot even see the balances unless the user shares this information. The goal of Exodus is to educate and empower people so they can be their own banks. Users control all the private keys and nobody will ever be able to freeze, seize or access the funds.
Wallet Supported Coins
Supports 130+ Cryptocurrency Assets.
Is Exodus Free to Use?
Exodus generates revenue from a small portion of the spread on asset exchanges. Although spreads can vary greatly based on market conditions, the exact amount of crypto you will be exchanging and the exact amount of crypto you will receive will be shown to you on the exchange section of the wallet.