Review on Exodus by Killer Bean
That wallet that every Trader and Investor should look out for
Exodus Wallet is a hit, decentralized wallet for storing cryptocurrencies and other digital assets. It is an easy to use wallet that allows you to swap coin for coin. It functions as a wallet and even an exchange platform for those who are new to crypto-trading. It has an appealing user interface that suits the demands of any user. It was founded in the United States of America (particularly Nebraska) in 2015. It supports currencies like: bitcoin, litecoin, Ethereum, Binance coin and a host of others. The transactions speed of Exodus is amazing. It is free to download from play store or any app store for Android and iOS, It now even allows for installation on a desktop, meaning everyone with a mobile device and a desktop can use it. Security in any wallet is a priority, On Exodus, User's security is guaranteed as they are presented with various methods of keeping their wallets safe. One of such methods is thethe use of a Recovery seed phrase which is unique to each user. It doesn't use KYC verification hence, users remain anonymous. Though a reliable wallet, Exodus being a hot wallet makes it susceptible to hacking and cyber attacks.
That aside, Exodus Is a very nice wallet that every Trader should try
Pros
- Swapping of coins for each other is possible
- it is free to get
- it is versatile as it comes in mobile, web, and desktop version
- it allows for users anonymity
Cons
- It is susceptible to cyber threat
