Bitcoin Forum

Bitcoin => Wallet software => Topic started by: kenneho on July 18, 2017, 03:15:41 PM



Title: Is Exodus a safe desktop wallet alternative?
Post by: kenneho on July 18, 2017, 03:15:41 PM
Hi all.

I'm look to store my bitcoins and ethers on a desktop wallet (until I get my hardware wallet sometime this fall), and Exodus looks like a good match for my needs.
What is the cryptocurrency community opinion on how safe this wallet is (as long as I keep my desktop safe of course)?

Regards,
kenneho


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: TryNinja on July 18, 2017, 04:50:27 PM
Yes it's safe. I've been using for my altcoins and IMO is the best multi-assets wallet for desktop you can get today.

And they allow you to control and export your private keys. The first feature that you should look at every wallet you want to use.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: Takuul on July 18, 2017, 04:57:15 PM
I've been using it for a while, it's very good if you are using altcoins in addition to BTC, not sure about the security details but as far as I understand it require some trust in an intermediate party (without access to your private keys of course) in a similar way to Electrum.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: pueblos on July 18, 2017, 05:26:38 PM
They have a pretty good reputation, but the coding is not open source, so you have to decide for yourself if you trust them or not.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: iram3130 on July 18, 2017, 05:59:37 PM
I've been using it for a while, it's very good if you are using altcoins in addition to BTC, not sure about the security details but as far as I understand it require some trust in an intermediate party (without access to your private keys of course) in a similar way to Electrum.

I am using both electrum and exodus in 2 different computers from quite some time now and both are quality wallets. Trusting them is an issue but their service is good with Bitcoins as well as altcoins.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: fluturash on July 18, 2017, 06:57:50 PM
What altcoin do they have support for - doge ,ltc , dash?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: pueblos on July 18, 2017, 09:14:02 PM
What altcoin do they have support for - doge ,ltc , dash?

You can store, and also exchange following coins directly in the wallet: Aragon, Augur, Bitcoin, Dash, Decred, EOS, Ethereum, Golem and Litecoin.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: cocoinin on July 18, 2017, 09:15:47 PM
Can someone provide a verified link to the site where one could download it?
Is there a Linux version?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: pueblos on July 18, 2017, 09:23:32 PM
Can someone provide a verified link to the site where one could download it?
Is there a Linux version?


Yes there is a Linux version.

https://www.exodus.io/releases/


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: LTU_btc on July 18, 2017, 10:21:23 PM
I can say that Exodus is good wallet. This wallet is built in ShapeShift exchange, but differently from other wallets, Exodus gives control of your private keys, what is important benefit of this service. And now it's hard to find bad reviews from their users.
I really can recommend to use Exodus wallet.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: TryNinja on July 19, 2017, 12:54:06 AM
What altcoin do they have support for - doge ,ltc , dash?
Is in their website at the bottom of the front page.

"Exodus currently supports Aragon, Augur, Bitcoin, Decred, Dash, EOS, Ethereum, Golem, and Litecoin."


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: Commie on July 19, 2017, 10:51:01 AM
Beware of extraorbitant transaction fees though if you use Exodus to receive lots of small transactions (from mining, for instance).


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: kenneho on July 20, 2017, 06:07:00 PM
Beware of extraorbitant transaction fees though if you use Exodus to receive lots of small transactions (from mining, for instance).

So Exodus earn money off fees from transactions to or from the wallet?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: kenneho on July 21, 2017, 02:36:51 PM
Beware of extraorbitant transaction fees though if you use Exodus to receive lots of small transactions (from mining, for instance).

So Exodus earn money off fees from transactions to or from the wallet?

I saw on their website that they actually don't. I'm puzzled as to how they make their money then. They are surely not providing this software for free.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: coinsgod on August 30, 2017, 11:59:50 PM
What altcoin do they have support for - doge ,ltc , dash?

You can store, and also exchange following coins directly in the wallet: Aragon, Augur, Bitcoin, Dash, Decred, EOS, Ethereum, Golem and Litecoin.

Changing coins in Exodus is done via Shapeshift, correct? Are Shapeshift's fees high or reasonable?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: JohnDoe3490 on August 31, 2017, 05:26:48 AM
What altcoin do they have support for - doge ,ltc , dash?

You can store, and also exchange following coins directly in the wallet: Aragon, Augur, Bitcoin, Dash, Decred, EOS, Ethereum, Golem and Litecoin.

Changing coins in Exodus is done via Shapeshift, correct? Are Shapeshift's fees high or reasonable?

They are decently reasonable for their convenience. I turned 3k from LTC into Golem and it charged about $90 I believe.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: profitgenerator212 on September 01, 2017, 02:25:12 AM
To my knowledge they are closed source.

I don't trust anything closed source, not necessarily because I think they bad, but because undisclosed code is pretty much always more vulnerable, since less people are working on it, and inspecting it.

If you want a really good vetted and audited software, go open source. That includes open source OS too like Linux.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: clip123 on September 01, 2017, 08:22:15 PM
Make sure to use offline (cold storage) wallet if possible. For example, electrum for bitcoin BTC lets you create keys on a computer that is not connected to the internet.

Make sure to validate any files you download online with few sources including elctrum. You can do hash checks md5s etc.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: LShubha on September 12, 2017, 01:14:56 AM
does exodus store waves?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: coinsgod on September 12, 2017, 02:15:30 AM
Does anyone know if Exodus is planning on a mobile wallet?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: soronmar on September 17, 2017, 01:07:54 PM
Does anyone know if Exodus is planning on a mobile wallet?
I don't think it is planned at the moment.
They are focusing on other things. See the roadmap (support.exodus.io/article/96-exodus-wallet-roadmap) for details.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: XXX_BTC1@ on October 30, 2017, 06:25:18 AM
Hi all.

I'm look to store my bitcoins and ethers on a desktop wallet (until I get my hardware wallet sometime this fall), and Exodus looks like a good match for my needs.
What is the cryptocurrency community opinion on how safe this wallet is (as long as I keep my desktop safe of course)?

Regards,
kenneho

yes it is very safe already my friends using this one so you have to try once and keep hold it long time. it keeps our coin more safe and secure generally more people does not believing it is safe. but you try to buy and keep your coin in to this wallets. it is really good validated form.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: letsdocrypto on November 17, 2017, 11:35:03 AM
can exodus exist scam ?

just suppose if it exist scam , for example how i will manage to get back my money if they closed their services ? what we will do than ?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: HCP on November 17, 2017, 08:19:23 PM
Exodus don't hold your private keys... you do. You have your 12 word backup seed. This is BIP39/44 compatible and easily portable to any other compatible wallet. As far as I'm aware, your seed/private keys are only stored on your local device. Exodus have NO access to this, so there is no way for Exodus to "exit" scam.

Unless they've filled their software with backdoors that allow them access to your keys... but you can just check the source code to see if tha... oh... wait. (http://support.exodus.io/article/89-is-exodus-open-source) ::)


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: ahmadakbari on November 17, 2017, 11:34:05 PM
can exodus exist scam ?

just suppose if it exist scam , for example how i will manage to get back my money if they closed their services ? what we will do than ?

There will be no problem as you control your private keys. You can import your coins into a new wallet.
Please some one correct me if I am wrong.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: letsdocrypto on November 18, 2017, 11:16:55 AM
Exodus don't hold your private keys... you do. You have your 12 word backup seed. This is BIP39/44 compatible and easily portable to any other compatible wallet. As far as I'm aware, your seed/private keys are only stored on your local device. Exodus have NO access to this, so there is no way for Exodus to "exit" scam.

Unless they've filled their software with backdoors that allow them access to your keys... but you can just check the source code to see if tha... oh... wait. (http://support.exodus.io/article/89-is-exodus-open-source) ::)



thanks for your guidence , 
sorry for noob question but i am bit confused , if i have private key of exodus wallet and seed, and lets suppose hexodus wallet stop working , (just suppose)
than how i can access my assets ? where i can import my private key and seeds to access my assets ?
 


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: HCP on November 18, 2017, 12:09:07 PM
... where i can import my private key and seeds to access my assets ?
 
Into any compatible wallet... so you go get a BTC wallet, a BCH wallet, a BTG wallet, an ETH wallet, a DOGE wallet, a LTC wallet, a XXX wallet... you get the idea...

If you're lucky, there will be another multi currency wallet (like Coinomi) that will take your private keys/seed and give you access to your "assets". I honestly don't know if Coinomi works with Exodus seeds... there is a good chance it will, but I've not tested it.

If you're THAT concerned about it, then I would suggest that you start testing a few different recovery options NOW, before you go too far down this road.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: Bitlend on December 01, 2017, 11:04:01 AM
... where i can import my private key and seeds to access my assets ?
 
Into any compatible wallet... so you go get a BTC wallet, a BCH wallet, a BTG wallet, an ETH wallet, a DOGE wallet, a LTC wallet, a XXX wallet... you get the idea...

If you're lucky, there will be another multi currency wallet (like Coinomi) that will take your private keys/seed and give you access to your "assets". I honestly don't know if Coinomi works with Exodus seeds... there is a good chance it will, but I've not tested it.

If you're THAT concerned about it, then I would suggest that you start testing a few different recovery options NOW, before you go too far down this road.


I noticed there have been some issues over at Shapeshift https://bitcointalk.org/index.php?topic=717973.msg25271057#msg25271057

As Exodus uses Shapeshift i'm a tad concerned as a holder of coins in Ex.

A need to be concerned?
 


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: TryNinja on December 01, 2017, 04:14:26 PM

I noticed there have been some issues over at Shapeshift https://bitcointalk.org/index.php?topic=717973.msg25271057#msg25271057

As Exodus uses Shapeshift i'm a tad concerned as a holder of coins in Ex.

A need to be concerned?
  
You don't have to use ShapeShift if don't you want. The option is just there to help users quick exchange between assets directly from their wallet.

You can manually send your coins to an exchange and trade them to other assets.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: Bitlend on December 01, 2017, 08:44:35 PM

I noticed there have been some issues over at Shapeshift https://bitcointalk.org/index.php?topic=717973.msg25271057#msg25271057

As Exodus uses Shapeshift i'm a tad concerned as a holder of coins in Ex.

A need to be concerned?
  
You don't have to use ShapeShift if don't you want. The option is just there to help users quick exchange between assets directly from their wallet.

You can manually send your coins to an exchange and trade them to other assets.

Thanks for response, much appreciated.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: BitcoinNosi on December 01, 2017, 08:51:43 PM
does exodus store waves?


No.. Theres no waves on exodus..

This is my favourite wallet. Its expensive but worth it..


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: paulus59 on December 29, 2017, 07:25:17 PM
hmm in wat language is exodus wallet written ?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: Matwolt on December 29, 2017, 07:34:10 PM
Use the wallet since a half year. Love it  ;)
With the Nanoledger i can handle My coins in 2 wallets


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: JohnDoe3490 on December 29, 2017, 09:24:34 PM
Try Exodus Eden for all of your altcoin needs. That version of Exodus has more support for tokens but no customer support since it is "unsupported" tokens. I seriously hope they bring 2 factor authentication soon to Exodus desktop though. Then, they can work on a mobile wallet!


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: Matwolt on December 29, 2017, 11:49:34 PM
Why Eden when there are only a few coins more than on the normal Exodus Wallet?
The Homepage says:

Important items to remember about Eden
We recommend Eden for advanced users only. Normal Exodus users SHOULD NOT USE Eden.
Eden is unsupported, pre-release software - things are likely to break.
Support for Eden will be provided by the community and our public Slack channel.
This page on our website is purposefully hidden. Don't give this to your neub friends as you will likely get stuck doing tech-support for them when things don't work properly.
To be clear, the Exodus customer support team will not be able to help if you experience any problems with Eden.

No good Idea... You donīt know who is reading your post.... Newbies can lost all your coins with this wallet....


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: GiorgosK on January 31, 2018, 06:52:19 PM
For exodus
Does one have to sync each individual blockchain ?
I assume no it probably works like a web wallet/light wallet right ?


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: TryNinja on January 31, 2018, 08:11:25 PM
For exodus
Does one have to sync each individual blockchain ?
Do you mean download the whole Blockchain? No.

I assume no it probably works like a web wallet/light wallet right ?
Yes.


Title: Re: Is Exodus a safe desktop wallet alternative?
Post by: bit247 on June 29, 2018, 08:13:35 PM
exodus still dont have segwit address sad.