• Exodus : Crypto Bitcoin Wallet

     

    How Do You Set Up An Exodus Wallet?

    In today’s topic, the next thing that we’ll be talking about is how you can set up an exodus wallet on your device:

    • To begin the procedure, you need to go to the exodus wallet official website
    • Here you need to make sure that you are not going to any fake website of exodus
    • Now, download the exodus wallet software from the website
    • After downloading the software, you need to install the software by following the prompts

    Using an Exodus wallet for the first time

    Now that you have downloaded the wallet software on your device and you wish to learn how to use it, then the following steps would definitely help you do the same:

    • To begin the process, you need to open the wallet software on the device you have downloaded it
    • After this, you have to find and click on the “wallet” tab
    • Now, to add crypto, select the crypto of your choice
    • Followed by this, tap on the “Receive” option
    • The next screen will show you an address along with the QR code
    • Follow the on-screen instructions to complete the course of action

    How do you send cryptocurrency from your Exodus wallet?

    If you have surplus crypto or you wish to send the crypto from your wallet to another address, you need to follow the steps that are listed below after making sure that you have access to this wallet:

    • To begin the procedure, click on the “wallet” tab that is available at the left-hand panel
    • Followed by this, you need to select the crypto token that you wish to send
    • Hit the “Send” option present in the middle of the screen
    • On the following screen, you will see the option to scan the QR code/enter the address
    • Do as you are required to do and enter the preferred amount
    • Click on the “Send” option to complete the process

      Reviewing Exodus Wallet– The Pros And Cons

      Pros:

    • One can easily keep a record of everyday profit and losses in a single place
    • Offers support for an assortment of cryptocurrencies
    • Comes with a highly user-friendly interface
    • Exodus wallet also features auto-adjusting fee
    • In case a user ever finds himself in a trouble, he/she can seek help from efficient customer service
    • Users can easily use this crypto wallet service anonymously as it is integrated with ShapeShift which allows users to trade with it without having to reveal their identity

      Cons:

    • One of the major downsides of this service is that it can be easily hacked
    • In addition to this, it also lacks on the security side which means your funds may be at risk
    • Apart from this, it also does not allow users to undergo crypto-to-fiat transactions