With the introduction of cryptocurrency, many trading tools relating to it were introduced. The main components that enable an investor to trade in cryptocurrency are the exchanges and the crypto wallets. Crypto exchanges bridge the gap between the investors and the digital assets offered for trade. On the other hand, to manage and organize the crypto funds, wallets were introduced.
You might know about some of the most popular crypto wallets like MetaMask, Coinbase Wallet, and so on, that are more favorable for advanced traders. But what if you are a beginner in the crypto trade?
Handling such a wallet can become quite difficult for you. So, to help you in enjoying a seamless crypto trade we are here to educate you about one of the best wallets that are highly preferable by beginners- Exodus Wallet.
What is Exodus Wallet?
Exodus wallet is a free, software crypto wallet compatible with desktop and mobile devices as well. The attractive lineaments of the wallet are its simplicity, easy navigation, and exceptional customer support. The other positive side of this wallet is that it supports over 290 cryptocurrencies, displaying a wide variety of trade options for investors.
The wallet also offers the option of staking to the investors/users. It refers to the process of earning rewards by locking their crypto funds eligible for staking over a pre-determined period of time. The wallet also holds some negative points or has some limitations. The major drawback of this wallet is that it lacks 2FA and custom fee support for the altcoins.
How can you use this wallet?
The crypto wallet is available for both desktop and mobile devices. You can function the crypto activities safely via a web plugin. But if you are looking for a quick way to access your digital funds then you can get the mobile app installed on your device and start trading with it.
The mobile app is launched for Android and iOS as well. To enable high security you can activate biometrics like face or fingerprint scanning to restrict the funds from getting into the wrong hands.
Exodus wallet is well recognized because of its customer assistance. The support team takes all possible initiatives to help their users in need. The team also tries to educate the investors by offering an extensive knowledge base through hundreds of articles and videos.