Its been a while since I reviewed Bitcoin wallets. The reason for this is that most Bitcoin wallets are basically the same so rarely do you stumble upon a wallet that is innovative.
Until today
A few days ago I got an email from one of my subscribers telling me he didnt take my advice for the best Bitcoin wallet and used the Exodus wallet instead. He then went on to glorify the wallets interface and ease of use. I wasnt aware of such a wallet so I looked it up online and apparently Exodus is indeed a new Bitcoin wallet.
Before going any further watch this video and see for yourself why its so unique.
Exodus seemed to have been launched a month ago (July 2016) and still hasnt gained enough reputation in the Bitcoin community. Actually Exodus is not just a Bitcoin wallet, its a Blockchain assets wallet. This means you can store Bitcoins, Litecoins, Dash, Ether and Dogecoins on Exodus all together.
But this is not all that makes Exodus so unique, here are the main things that I found so appealing:
Probably the strongest suite Exodus has is its user interface. Even if I didnt know nothing at all about Bitcoin or cryptocurrencies I would still be able to use this wallet. It reminds me of Circle in the simplicity. Exodus is the kind of product you fall in love with the first time you use it, and thats quite rare inthe cryptocurrency world.
Heres how an overview of your blockchain assets looks like:
Nice huh? 🙂
Since Exodus is a desktop wallet navigation is fast and the private keys to your cryptocurrencies are stored on your machine. Exodus is a litewallet so you dont need to download the whole Blockchain to your computer like you do with Bitcoin Core. Exodus is currently compatible with Mac, Windows and Linux. If you need to back up your wallet theres a VERY simple step by step wizard built in inside the wallet that will help you do so.
You will also receive a backup link via email if you want to install Exodus on a another machine (say your computer gets destroyed). Its all very secure through the use of a password and a mnemonic phrase (in case you forget your password).
One of the best features of Exodus in my opinion is the ability to trade your altcoins for Bitcoin and vice versa. Exodus has a built in exchange (powered by Shapeshift) that allows you to trade cryptocurrencies in seconds. You cant buy coins with fiat, but since the whole idea of Exodus is to move away from any verification processes and dealing with banks I think that fits in perfectly.
Its OKto make a crappy product, its not OK to leave it that way. I think what got my attention the most is the genuine interest Exodus founders had in their users opinion. Of course they are only about a month into running this project but something tells me JP and Daniel (the founders) are here to stay. You can see it in the simple to understand support videos theyve uploaded, the multiple communication channels theyve supplied on their site and the direct messaging platform to the foundersvia Slack.
To sum things up, Exodus looks like a complete hit. The only downside I can see at the moment is the fact that the company and wallet havent gained enough reputation yet. Combine that with the fact that the Exodus code isnt open source and you will always arouse some suspicion from the crypto community. Also, in order to become a true killer app the developer will have to continue and expand to mobile as well in my opinion.
But I believe that as time goes by and more early adopters come on board Exodus will quickly gain its loyal user base.
Click here to check out Exodus for yourself
If youve had any experience with the Exodus wallet Id love to hear about it in the comment section below.
altcoin Wallet Exodus Wallet Review">
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Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.
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My New Best Bitcoin (and altcoin) Wallet Exodus Wallet ...
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