Post
Topic
Board Wallet software
Re: How safe is Exodus Wallet ? [Help me plz]
by
dkbit98
on 31/08/2019, 08:31:22 UTC
Hello bitcoiners !
I want use exodus wallet (exodus.io) because it seen have beautiful UX/UI
but the problem here is that is not open source and managed so i want to know how safe this wallet ??
plz give me your advise on this wallet by answering this question :
1. how safe this wallet ?
2. am i really in control of my bitcoins or other coins ?
3. is the privay keys stored in their server (because this wallet is managed) ?

Thanks


Exodus has higher fees compared to other wallets.

You have your private keys and your coins, and it is not stored in server.

If you are using it only for Bitcoin, it is best to switch to Electrum wallet.

As an alternative Coinomi is a nice wallet, that was once Open source.