This means you can store your funds in a hardware wallet and keep them in isolation. The good part is that both Exodus and Electrum offer you hardware wallet support. The wallet is in active development, and newer coin support is being added to the wallet from time to time. Overall, in this case, Exodus definitely is the winner. Plus, it might not be the safest thing to do. However, you can increase the availability of coins in your Electrum wallet by downloading support for altcoins. On the other hand, Electrum only supports one cryptocurrency, which is Bitcoin. As it supports more than 160 cryptocurrencies. When it comes to the availability of cryptocurrencies, Exodus definitely has the upper hand. Exodus vs Electrum: Which Wallet Should You Use? Available Cryptocurrencies Also, it is only meant for Bitcoin, and it does not support any other cryptocurrencies. Buy or sell crypto directly from your wallet. For instance, you cannot exchange your tokens for another one. It doesn’t have modern day features that one might want. While everything about Electrum is pretty great. As a result, you can export your private keys and use them with other Bitcoin clients. Plus, the wallet doesn’t have any lock-in. Plus, the wallet is extremely fast as it uses servers that index the Bitcoin blockchain. You can also recover your funds using a secret phrase. The best part of the wallet is that it keeps your private keys encrypted, and it never leaves your computer. The wallet supports hardware wallets like Ledger, Trezor, and many others. It uses the MIT license, unlike most other crypto wallets out there.
#ELECTRUM WALLET VS EXODUS FREE#
Electrum OverviewĮlectrum is a Bitcoin wallet that is free and decentralized. However, you will still need to pay for network or miner fees which are applicable to all the blockchains. The best part is that Exodus does not charge any fees for sending. Or you can exchange between any assets effortlessly. In addition to that, you can also easily buy and sell one cryptocurrency for another one within your wallet only. It supports all the top cryptocurrencies like Bitcoin, Ethereum, Tether USD, XRP, USD coin, and others. With Exodus, you will enjoy a secure way to manage and exchange your cryptocurrency from a single platform. The wallet is available for your Desktop, Mobile and has a hardware wallet too. With this one, you can easily send, receive and exchange Bitcoin and 160+ other crypto tokens seamlessly. So let’s get into the topic right away:Įxodus is one of the best cryptocurrency wallets available out there. So which one is best among these two? Well, if you are wondering the same, then in this article, I am going to draw a comparison between exodus vs electrum. However, among all the wallets, exodus and electrum are two of the top names that we often get to hear. And when it comes to crypto wallets, there are way too many options available on the internet. As a result, you need a secure crypto wallet. When it comes to cryptocurrencies, it is important to keep your funds secure.
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