Review on Exodus by Tasja Ade
Exodus Decentralized But Not For Long
I love using the Exodus platform. The signup is very easy even if you are new to the cryptoverse. However, there are some concerns that I have with Exodus. It is currently a decentralized platform which continues to follow the anonymous protocol that is the foumdaton of the blockchain. I have noticed that they are currently vetting to have approval for shares in the company to be purchased by investors. Which means regulations will be entering their environment. It becomes muddy waters for me because this may cause the blocking of a countries citizen from trading on their exchange. It would hurt to see a Biance situation occur where citizens of lets say the USA can no longer trade on their platform. I will proudly proclaim while transacting within the Exodus Exchange it is easy and user friendly. Also, the app version is just as beautiful as the desktop version. Exodus is great for beginners and real easy to use if you can get past the high transaction fees.
Pros
- Beautiful Platform
- User Customization
- Plenty Of Coins
- Easy To Sign Up
- Easy To Use
Cons
- High Transaction Fee
- Transaction Fee Increases When Time Is Exceeded
- Requires A Minimum To Trade
