Review on Exodus by Gabriel Medina
Exodus a popular Multicurrency Wallet
Exodus is a software founded in 2015 by Daniel Castagnoli and JP Richardson in Nebraska, where it is headquartered.
The project has also been financed by various Swiss funds and is one of the most popular and powerful wallets according to several specialized pages.
What is Exodus Wallet?
Exodus is a multi-currency wallet, that is, you can store several cryptocurrencies simultaneously. This is quite convenient, since you won't have to have multiple applications if you want to have more than one digital currency.
Security
The private keys of your wallets are generated and encrypted locally on your computer. These keys are never stored in the cloud nor are they visible to the Exodus wallet.
Although it encrypts and protects assets with a password, security depends on the computer where it is installed and the experience of the users. Be careful with the software you install on your PC as malware could compromise the safety of your funds. Follow these recommendations to avoid future problems:
Customer Support
It has technical support available 24/7, with the necessary resources to solve all problems quickly and guaranteed.
Conclusion
It is an excellent option for those who want to enter the world of digital wallets quickly and conveniently. Its graphical interface and options make it one of the favorite wallets of novice users. However, we consider that it lacks some more advanced security features. The funds are not backed and it is not recommended to store large amounts of money.
Pros
- It incorporates an internal exchange platform, ideal for those who do not want to limit themselves to a single cryptocurrency storage.
- Strong graphical interface with a modern, intuitive application presentation and with several useful elements.
- Variety of cryptocurrencies in a single application.
- Access to all the information of your private keys and fund management.
- It has a customer service with fast response 24/7.
- Available for computers and mobiles.
Cons
- It does not have two-factor authentication, this could add an extra layer of security.
- The safety of your funds could be compromised if it is not cared for or supported by good practices.
