Review on Exodus by Fanuel PORPORTY
EXODUS, a portfolio designed for beginners
Exodus is a desktop wallet for Bitcoin, Ethereum and multiple altcoins. Exodus is designed to give the user full control over their cryptocurrencies. Specially designed for beginners, it is the first desktop wallet offering full compatibility with ShapeShift, the famous cryptocurrency exchange platform. Exodus therefore allows access to dozens of cryptocurrencies directly from its wallet.
Exodus is a desktop wallet, the private keys of your cryptocurrencies are therefore directly stored on your computer, which limits the risks of piracy compared to a web wallet storing the private key online. Access is also only possible from your device: you are never expected to connect your credentials on the internet.
Pros
- Exodus is mainly renowned for its ergonomics and its simplicity of use, which make it a wallet totally adapted for a beginner.
- The Exodus user interface is as modern as it is intuitive. The "Portfolio" tab, which is the one we arrive at when logging in, presents all of our cryptocurrency possessions in a pie chart on the home page. We can observe for each currency the trend over the last 30 days, the market cap, the evolution of the value over 24 hours, or even the percentage that represents this currency in our portfolio.
- Exodus encrypts your private keys and stores them directly on your computer. These therefore remain 100% under your control no matter what.
- Control your digital assets while you're on the move with Exodus for iOS and Android.
Cons
- Security a little light (no 2FA)
- No multi-signature support
- Not open-source
