Tag: Best crypto wallet Reddit

Exodus is only as secure as the device it is installed on and your security practices ! So, please don’t skip on these protection measures. They’re the only thing standing between the hackers and your money.

Exodus offers a relatively secure cryptocurrency wallet for regular use . However, an online wallet is never as safe as the digital currency stored in cold storage like a paper wallet.

As far as I have read from other reddit threads + explanations on Exodus’ website. I understood that staking is done in a non-custodial way. Which means it’s as safe as holding your crypto in your wallet, without staking it .

Exodus is a hot wallet , which means that your assets are stored online; but it’s noncustodial, which means that only you have access to your private key — a 12-word password phrase that protects access to your crypto assets.