How to use Exodus (Wallet)

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One person tell me that I can to explain how to use a wallet and I going to try to do it.

What is Exodus?

Exodus, is a relatively new software wallet. It was created by JP Richardson and Daniel Castagnoli. Richardson has written the code for many cryptocurrency products, and Castagnoli has worked as a designer for large companies such as Apple, BMW, and Nike.

Exodus Wallet has been designed to be easy to use and compatible with multiple cryptocurrencies. This means that you can use a wide variety of different cryptocurrencies.

What was the reason for the creation of EXODUS Wallet?

There are a wide variety of software wallets available. For example Jaxx, Green Address and Bread Wallet. So why did the Exodus team want to make another one?

The designers of Exodus wanted to make an easy-to-use wallet that could do anything a cryptocurrency user wants. This, they hoped, would make the experience easier for those not used to technology.

If these beginners have a pleasant experience using cryptocurrencies, then they are much more likely to recommend it to their friends. This is how widespread acceptance is achieved.

How to create and use an Exodus Wallet?

Next, I'll show you how to get your own Exodus Wallet. It is very easy to configure and use. For this same reason, below, you will find a step-by-step guide.

1. Download the cryptocurrency wallet through the official website. Be very careful with phishing (fake) websites. Take a look at the site's security certificate by checking the green text next to the site's address. It should say "insurance" or the name of the company.

2. Once you have downloaded the software, follow the onscreen prompts to install Exodus.

3. When you have installed it, open the wallet and click on the "Wallet" tab located on the left side of the screen.

4. Click on the cryptocurrency you want to add to Exodus. Then click on "Receive".

5. You will be shown an address and a QR code. This is the public address of your wallet and it is what you must provide to everyone you want to send cryptocurrencies to. On the other hand, you can use this data to send cryptocurrencies from another wallet that you have available to Exodus. If you send cryptocurrencies from another device that has a QR code scanner, you can use that code to obtain the address.

Send cryptocurrencies using Exodus

If you want to send cryptocurrencies using your Exodus Wallet, you must follow the following steps. Don't worry, it's very easy, you won't even need any kind of Exodus Wallet opinions to help you!

1. Click on "Wallet" located on the left panel.

2. Select the type of cryptocurrency you want to send.

3. Click on "Send" located in the center of the window.

4. You will be given the option to scan a QR code using your mobile device's camera or to enter an address.

5. Scan the QR code or enter the recipient's address in the "Send to… Address" section.

6. Enter the amount you want to send.

7. Click on "Send".

Use the Exchange

Like the other features of the Exodus wallet, the exchange is very easy to use. You just have to follow the following steps. I will assume that you have already added money to your account.

1. Click on "Exchange" located on the left panel.

2. On the left, you can select the cryptocurrency to exchange. On the right, you can select the cryptocurrency you want to receive.

3. Click the option on the left. It will say "Bitcoin" by default. Change it to the currency you want to exchange.

4. Repeat this step for the option on the right. This will be the currency you will receive.

5. At the bottom of the page, you will find the current exchange rate between both currencies. You could say something like: "1 BTC = 12.6092 ETH". This means that for every Bitcoin you exchange, you will receive slightly more than 12 Ethereum.

6. When you have verified all the details correctly, click on the "Exchange" button. Soon after, you should receive your new cryptocurrencies.

Advantages

Easy to use. The Exodus wallet is one of the easiest to use that I have seen.

Supports multiple currencies. Storing all your cryptocurrencies in one place makes it easy to trade and consume.

Built-in trading functions. Trading currencies and keeping track of profits or losses is a breeze with Exodus.

Automatic commission adjustment. Beginners may not be sure of the correct transaction fees. Exodus takes care of this for them.

Great support. This is a rare feature among cryptocurrency services.

Software wallet. More secure than a web wallet. Exodus is ideal for small purchases and daily expenses.

 

I hope it is clear to you and thanks for reading the article.

 

 

 

Regulation and Society adoption

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