From my perspective Exodus is as secure as the user holding the account . If you are careful on what you do with your computer/cellphone device, I feel exodus is very safe.
Read moreCan exodus wallet be closed?
Even if Exodus as a company were to shut down, you’d still be able to open your Exodus wallet since it runs locally on your device . However, the wallet wouldn’t have full functionality – the in-built exchange feature would cease to work, and you might not be able to send certain assets with our servers down.
Read moreCan I trust exodus wallet?
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.
Read moreIs exodus wallet safe 2021?
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.
Read moreIs exodus staking safe Reddit?
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 .
Read moreIs exodus a hot or cold wallet?
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.
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