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EXODUS CRYPTO WALLET REVIEW USA 2022

Author:
Alexander Foster
Last Updated on:
21/01/2022
Experiences:
We test the latest crypto providers on a daily basis

Experiences:

We test the latest crypto providers on a daily basis

I was able to make my two passions my profession: finance and technology. I am
an editor for everything concerning traditional finance in combination with
cryptocurrencies. In addition, I started mining early on and would like to pass
on my experience to our users.



Exodus is one of the biggest and hottest names in the world of cryptocurrency
and we don’t just mean because they’re a hot wallet.

They’ve found innovative ways of solving many issues that traditionally limit
software options, while maintaining a truly immense level of variety and
sophistication.

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TOP EXODUS CRYPTO WALLET SITES

1.
Rating
96/100

Minimum Deposit
$10,000.00
Deposit Protection
$500,000.00
Amount of Currencies
4
BTC/USD Spread
0,1
Interactive Brokers Review Visit Site
The risk of loss in online trading of stocks, options, futures, currencies,
foreign equities, and fixed Income can be substantial.
2.
Rating
96/100

Minimum Deposit
10.00€
Deposit Protection
20,000.00€
Amount of Currencies
34
BTC/USD Spread
25
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3.
Rating
77/100

Minimum Deposit
$2,000.00
Deposit Protection
$24,500,000.00
Amount of Currencies
5
BTC/USD Spread
25
TradeStation Review
–
4.
Rating
80/100

Minimum Deposit
$0.00
Deposit Protection
$500,000.00
Amount of Currencies
4
BTC/USD Spread
1 %
SogoTrade Review
–
5.
Rating
80/100

Minimum Deposit
500.00€
Deposit Protection
20,000.00€
Amount of Currencies
7
BTC/USD Spread
20
Robinhood Review
–
All investments involve risks, including the possible loss of capital.
6.
Rating
88/100

Minimum Deposit
$100.00
Deposit Protection
£50,000.00
Amount of Currencies
3
BTC/USD Spread
35
FOREX.com Review
–
CFDs are complex instruments and come with a high risk of losing money rapidly
due to leverage. 73% of retail investor accounts lose money when trading CFDs
with this provider. You should consider whether you understand how CFDs work and
whether you can afford to take the high risk of losing your money.
7.
Rating
75/100

Minimum Deposit
$0.00
Deposit Protection
$500,000.00
Amount of Currencies
3
BTC/USD Spread
1,25 %
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MOST POPULAR WALLETS: WHAT KIND OF WALLET IS RIGHT FOR ME?

With so many different wallets out there, it’s natural to wonder which kind of
wallet is right for you. Even amongst the most popular wallets, there’s an
immense amount of variety between them. One of the things which makes the Exodus
crypto wallet stand out, for instance, is that it’s a software wallet.

What this means, very simply, is a wallet that exists solely as software files
on your computer or other mobile device. This makes our Exodus wallet review
different from our Trezor wallet review, a hardware wallet which exists on a
physical device not connected to the internet.

There’s also web wallets like Coinbase, which are wallets that run on your web
browser. They’re perhaps the extreme example of both pros and cons, offering the
highest convenience but (generally) the lowest security. When we talk about the
most popular wallets, you have to consider what type of wallet you’re looking
for in the first place.


PROS & CONS OF THE EXODUS WALLET

Pros:

 * An incredible variety of coins
 * Their alliance with Trezor provides greater security
 * Fantastic useability
 * Detailed Help sections and excellent customer service
 * Available on desktop and mobile

Cons:

 * No traditional two-factor authentication


CRYPTOCURRENCIES AND TECHNOLOGY: WHAT DOES EXODUS OFFER?

There’s no better way to start any crypto review than with a look at the
cryptocurrencies available – and it looks like it’s an especially happy start
for our Exodus wallet review.

As an Exodus crypto USA user, you’ll have access to the following: Monero, Tron,
USDC, COMP, Vechain, LEO, NEO, Cosmos, Ethereum Classic, Dash, CDAI, ZCash,
Ontology, MKR, XEM, Bitcoin, Ethereum, XRP, Tether, Chainlink, Bitcoin Cash,
Bitcoin SV, Cardano, Litecoin, BNB, Tezos, XLM, and Dogecoin. Bitcoin is
available to buy in Exodus for users in the USA on a supported Android or iOS
device.

As mentioned, both mobile and desktop versions are available. There’s also the
option to synch it up with hardware wallets.  In terms of Exodus fees, they’re
typical of what you would expect from each individual cryptocurrency, both miner
and network Exodus fees alike. Because of the amount of options available, it’s
also important to note there are Exodus limits and Exodus withdrawal
distinctions between the cryptocurrencies, but they all appear very fair.

When it comes to any Exodus coupon code though, there’s plenty of uniformity in
the sense that there doesn’t appear to be an Exodus wallet promo code for any of
them. Instead, they prefer to offer consistent value across the board.


USABILITY & STORE: HOW USER-FRIENDLY IS THE EXODUS WALLET?

We’re happy to say that while the Exodus cryptocurrency selection is vast, they
have done a masterful job of keeping it as easy to use as possible.

Let’s start with the set up. This basically consists of downloading the software
and no specific details are needed.  You then get your first deposit through the
supported blockchain assets and use this to utilise the exchange for your Exodus
crypto wallet.

Useability and a broad appeal is clearly at the forefront of their design, with
a simple interface that allows you to view your assets, send and receive coins
or even trade between cryptocurrencies. You can also toggle your security and
even design settings. The Help section also includes everything from practical
help to educational videos. While we wouldn’t quite say Exodus is suitable for
everyone, it’s very clear that their aim is to be the best option for as many
people as possible. It’s certainly an admirable effort.

This is especially the case when you consider its compatibility with the Trezor
hardware wallets. That means if you want to combine the ease of use and
flexibility of Exodus with the security credentials of Trezor, then this could
be the perfect partnership for you.

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SECURITY & SUPPORT: IS EXODUS CUSTOMER SUPPORT RELIABLE?

So, why does the use of a hardware wallet make the Exodus crypto wallet that
much safer? Well, hardware wallets are not stored on a computer but rather
offline entirely. We’ll be discussing some of the things that makes the Exodus
crypto wallet and Trezor combination so effective in the following part of our
review, but as a basic principle, hardware wallets are safer because any online
device can potentially be hacked.

The ultimate way of avoiding hackers is to not be connected to the internet at
all because that’s their point of entry. That said, it’s not the only security
feature available to Exodus crypto USA users. There’s also a 12-word passphrase
and email restore option. As with everything else when it comes to Exodus
cryptocurrency features, backup is fantastically easy to use and no sensitive
data is kept.

Also reassuring is the excellent customer service, which is especially great for
Exodus USA users, thanks to their ability to talk through the purchase of
Bitcoin via the US dollar. This is available through their written sections but
also through the customer service team themselves, who are knowledgeable about
everything from Exodus limits to Exodus withdrawal info.

Indeed, if there’s an Exodus promo code 2021 on the horizon, we’re sure we’d
find out from them. They may take up to a day to respond by email, but are more
than worth the wait. Live chat and social media options are also available, and
those can take several minutes to a few hours depending on the time and traffic.


DEVICE AND SCOPE OF SUPPLY: A VERSATILE WALLET

You now know that Exodus crypto USA users get to enjoy the versatility of a
software wallet with the offline reassurance of hardware, and specifically, that
is through Trezor Model T and Trezor One.

Among the few complaints you’ll find on Exodus is their lack of two-factor
authentication and this really helps solve that issue. We have a dedicated
Trezor wallet review so you can get the full lowdown on what makes them tick.
But rest assured, thanks to their consistently updating firmware, PIN numbers
that change every time you enter a number to avoid keyloggers, and their famous
24-word backup passphrase system, they are a cut above most.

No device is ever completely 100% foolproof. That said, this is one of the
absolute best that the virtual world has to offer. It’s also one of the most
popular, meaning it’s unlikely you’ll have any issues getting a hold of one.


CONCLUSION: AN ACCESSIBLE AND RELIABLE WALLET

There might not be an Exodus promo code, but they do offer something much more
valuable with one of the most expansive software wallet experiences to date. The
number of cryptocurrencies is simply incredible, and the useability of its
interface truly opens the gates in terms of who can really make the most of
them.

Thanks to a great design and attention to detail that goes far beyond most of
its competitors, they have found that beautiful balance between being accessible
enough for newcomers yet deep enough to satisfy more demanding wallet users. It
exists happily in a broad middle ground, with the only downside being that a
lack of some security features, which means the Trezor crossover may be
necessary for some. Still, it’s an overwhelmingly positive experience and a big
recommendation from our Exodus wallet review.

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Nadex
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71/100

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80/100

FOREX.com
FOREX.com Review
89/100

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