New to wallets? Please read this article first.
Exodus wraps solid engineering inside beautiful design. We poured our hearts into every detail, from pixel-perfect icons to subtle sounds, making a blockchain asset experience that “just works for normal people”.
Exodus: Our goal is to remove the geek requirement to use cryptocurrency and make design a priority – we think it shows.
FRIENDLY, ONE-CLICK EXCHANGE
Exodus is designed for people who have never used an exchange. Ready to exchange Bitcoin for Ethereum? Exodus hides the complex details; in seconds, assets are exchanged behind the scenes.
LOVE YOUR BLOCKCHAIN ASSETS
Exodus makes it fun and easy to learn and use blockchain assets. No technical talk. No messy wallets. No confusing steps.
The Problem With Blockchain Assets
Blockchain assets (also called digital currency or cryptocurrency) are a young, fragmented new frontier. New people buy bitcoin and miss out on exciting, new opportunities. Diversifying means learning about keys, seeds, wallets, blockchains, mining fees, cold storage, and more.
Not only do you give up control of your identity, privacy and money; everything quickly turns overwhelming with too much to learn.
Exodus was created to shift power back to you to control your assets – with no banks, no brokers or institutional oversight.
Exodus is a software platform ONLY and does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. You are fully and solely responsible for evaluating your investments, for determining whether you will exchange blockchain assets based on your own, and for all your decisions as to whether to exchange blockchain assets with Exodus. In many cases, blockchain assets you exchange on the basis of your research may not increase in value, and may decrease in value. Similarly, blockchain assets you exchange on the basis of your research may increase in value after your exchange.
Past performance is not indicative of future results. Any investment in blockchain assets involves the risk of loss of part or all of your investment. The value of the blockchain assets you exchange is subject to market and other investment risks. DH
Exodus is available for Mac, Windows & Linux
Exodus Wallet Review
- Wide range of currency options
- User friendly design
- 2FA Security
- 24/7 Support
- Shares state & developments of it’s software
- available for Mac, Windows & Linux
- Focusses on non tech users and ease to use security features
- Uses third party software for its exchange
Exodus: three benefits & three products
- All assets remain in your control. When exchanging assets on a traditional exchange your assets are exposed to a counterparty risk. In Exodus your assets are sent directly from your wallet and delivered directly back to your wallet – this structure gives users 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. Users then must post orders on the exchange and have those orders filled. Finally if a user wants assets back the user initiates a withdrawal from the exchange. These three steps are a manual process. Exodus automatically handles all of this work behind the scenes.
Exodus Wallet Roadmap & Supporting Currencies
Exodus is always on the lookout to support more assets. In order for an asset to be considered, the following criteria must be met:
- Asset availability on ShapeShift.
- Asset has developer resources and documentation.
- Asset has specialized API servers with load balancing setup for private use by Exodus. This is much easier if the API is based upon Bitpay Insight.
- Marketcap and 24-hr volumes are considered. Top-50 or perceived potential to enter the top-50.
|Bitcoin (BTC)||Dec. 9, 2015|
|Litecoin (LTC)||Dec. 9, 2015|
|Ethereum (ETH)||Feb. 12, 2016|
|Dash (DASH)||Apr. 8, 2016|
|Golem (GNT)||Apr. 14, 2017|
|Augur (REP)||Apr. 27, 2017|
|Decred (DCR)||Jun. 22, 2017|
|EOS (EOS)||Jul. 6, 2017|
|Aragon (ANT)||Jul. 6, 2017|
|Gnosis (GNO)||Jul. 20, 2017|
|OmiseGo (OMG)||Aug. 17, 2017|
|Qtum (QTUM) (ERC20)||Aug. 31, 2017|
|Basic Attention Token (BAT)||Aug. 31, 2017|
|Civic (CVC)||Sep. 15, 2017|
|SALT(SALT)||Sep. 25, 2017|
|Bitcoin Cash (BCH)||Oct. 12, 2017|
|Ethereum Classic (ETC)||Oct. 12, 2017|
|FunFair (FUN)||Oct. 26, 2017|
|District0x (DNT)||Oct. 26, 2017|
Assets listed in alphabetical order.
- In Beta – It’s actively being tested and will be moved to Exodus when it’s ready for general release.
- Under Evaluation – We are actively looking at the requirements to integrate this into our Beta platform
- Planned – It’s on our radar but we have not actively started development on it yet.
|ASSET OR FEATURE||STATUS|
|0x (ZRX)||In Beta|
|Bancor (BNT)||In Beta|
|DigixDAO (DGD)||In Beta|
|Factom (FCT)||In Beta|
|FirstBlood (1ST)||In Beta|
|IOTA (MIOTA)||Not Planned|
|Metal (MTL)||In Beta|
|NEM (XEM)||Under Evaluation|
|Qtum Mainnet (QTUM)||Planned|
|Ripple (XRP)||In Beta|
|Siacoin (SC)||Under Evaluation|
|SingularDTV (SNGLS)||Under Evaluation|
|Status (SNT)||In Beta|
|Storj (STORJ)||In Beta|
|TenX (PAY)||Under Evaluation|
|Wings (WINGS)||In Beta|
|ZCash (ZEC)||In Beta|
|2-Factor Authentication Support||Planned|
|Hardware Wallet Support||Planned|
|Bitcoin SegWit Transactions||Planned|
Exodus Fees & Costs
Exodus tracks changes in the Bitcoin network and adjusts the fees accordingly using the dynamic pricing model from: https://bitcoinfees.earn.com/. These network fees are 100% paid to the bitcoin network to ensure Exodus transactions are fast and delivered promptly. Exodus does not keep any portion of this fee.
Ethereum has a different fee calculation, based on the type of transaction being sent: You will pay a larger fee if sending to a ‘smart contract’ address, or if sending an ERC20 (Ethereum based) token. More info on Ethereum and ERC20 token transaction fees can be found here: http://support.exodus.io/article/67-how-do-i-send-or-exchange-an-ethereum-powered-asset
Exodus generates revenue from a small portion of the spread on asset exchanges. Although spreads can vary greatly based on market conditions, typical spreads range between 1% – 3% or less. The exact amount and rate you’re getting will be listed on the exchange section of the wallet. Exodus uses ShapeShift software for exchanging cryptocurrencies. The percentage that Shapeshift takes from these transaction are integrated.
In highly liquid markets spreads are tighter creating a lower cost. You can learn more about spreads here:
Liquidity is created by the number of buyers and sellers in the market. Higher spreads are a result of low numbers of buyers and sellers. Today, market pairs Bitcoin / Ethereum are more liquid and have a lower spread than less popular market pairs.
Exodus is proud to have 100% transparency on all exchanges. Exodus is also one of the few exchanges that lists approximate asset values in local currency alongside the market pairs to give users an easy way to assess costs vs. manually calculating the final costs.
Exodus uses these funds to manage and maintain the Exodus wallet as well as add new features.
Although there is a network fee to send digital assets Exodus does not mark up this network fee and 100% is paid to the digital asset network. Exodus does not make any revenue off of network transaction fees.
If you are interested on how network fees are calculated in Exodus you can read more information as well as find out how network fees are calculated here:
If being able to manually set a low fee is important to you, Exodus is not a good software choice and we encourage you to use other bitcoin wallets. The good news is there are a lot of highly technical BTC wallets much better than Exodus in this regard. Electrum is awesome for highly technical details like this. With the current market reach of Exodus, and the nature of our community’s user-base, this will not be a focus for our wallet anytime soon.
Check our articles on exchanges & their fees: KuCoin, Binance, Bittrex.
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It’s your crypto, best protect it.
- Can Exodus safely store large amounts?
- Where are my private keys stored?
- Safety and Security Tips
- How to Verify that Your Exodus Download is Authentic
- Can Exodus staff monitor my account or control my transactions?
- What is a replay attack?
FAQ & Support
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Exodus vs Other Wallets
Read this article on wallets: https://one2crypto.com/wallets/
In order to provide correct information on this cryptocurrency wallet most of the content comes directly from the particular supplier. Source: exodus.io