Why the Exodus Wallet is my favorite cryptocurrency wallet

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I was introduced to a new crypto wallet recently called Exodus. I want to say for a non-custodial wallet it is rapidly becoming my favorite wallet even overshadowing my two previous choices of JAXX Liberty and Atomic Wallet. Despite criticism about the wallet being a scam from another writer here on PUBLISH0X I am waiting to see how EXODUS performs because I like the features that I mention here.

Here are six reasons as to why I like it so much:

  1. The Exodus Wallet is a non-custodial wallet meaning that you have full control over seed phrases, keys and other identifying information. It therefore has no counterparty risk. Your assets are controlled by you through private keys generated when you created and opened your wallet for the first time.
  2. They have their own built in coin exchange. No more SHAPESHIFT or Changelly.
  3. They offer a Rewards section based around staking. Staking is the locking of cryptocurrencies to receive rewards. You can do this from directly within the Exodus wallet. The coins that you can currently stake are Algorand (Algo), Cardano (ADA), Cosmos (Atom), Neo (GAS), Ontology (ONG) Tezos (XTZ, and VeChain (VET). With staking you can unlock a profit potential not found elsewhere.
  4. They work with Compound Finance. Compound Finance is described as an algorithmically-operated, decentralized, interest rate protocol. With this program you can go to sleep and wake up and see that your savings have grown! You can earn more interest than most overall bank rates. You don't have to set up an account, there are no limits to the amounts you can deposit, and best of all unlike staking you can withdraw your funds any time.
  5. You can buy Exodus shares and invest in their future and earn money while doing so through their Exodus shares program. Rather than issue ICO tokens as many wallets and exchanges have done in the past Exosdus shares allows you to get involved in the future of finance. To prepare to participate in the initial public offering you must register with Securitize and get a Securitize ID and link it to your investor profile in the Exodus wallet. To create a Securitize ID go to https://id.securitize.io/#/registration and then complete the registration/verificiation process at Securitize and Exodus. Exodus is in the process of creating a legal regulatory compliant investment platform to issues shares of equity. These will be represented digitally and secured by the Ethereum blockchain.

Last but not least,

  1. Finally through their SportX section users of Exodus can participate in betting on sports and win crypto rewards. All bets are placed using the cryptocurrency known as DAI. Unfortunately, SportX is not available for Exodus wallet users in the United States.

There you have the reasons that I now consider Exodus wallet my favorite crypto wallet.

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