Bitcoin Forum

Bitcoin => Wallet software => Topic started by: sopprgen22 on November 30, 2017, 02:53:59 PM



Title: What if Exodus shuts down (Wallet)
Post by: sopprgen22 on November 30, 2017, 02:53:59 PM
Hi,

what will happen if the Exodus Company shuts down or just vanish.
Will the Programm on the Computer still work and i will be able to transfer the funds to somewhere else?
Same question about other wallets and the ledger wallet but exodus is the most important.

And does someone know a good offline wallet for ripple? I tried rippex or RippleAdminConsole-1.4.1 called but its just not accepting my password so i will defnitly not put any coins in this wallet because i reset this wallet already twice.

Kind regards Florian


Title: Re: What if Exodus shuts down (Wallet)
Post by: AdolfinWolf on November 30, 2017, 03:04:18 PM
Hi,

what will happen if the Exodus Company shuts down or just vanish.
Will the Programm on the Computer still work and i will be able to transfer the funds to somewhere else?
Same question about other wallets and the ledger wallet but exodus is the most important.

And does someone know a good offline wallet for ripple? I tried rippex or RippleAdminConsole-1.4.1 called but its just not accepting my password so i will defnitly not put any coins in this wallet because i reset this wallet already twice.

Kind regards Florian

You should be able to export all your funds out using the private keys / seeds they provided you with.

http://support.exodus.io/article/77-does-exodus-have-advanced-export-options
http://support.exodus.io/article/86-how-can-i-view-my-private-keys

Here's how you are able to export your private keys into another wallet, in case they go down.


Title: Re: What if Exodus shuts down (Wallet)
Post by: AT101ET on November 30, 2017, 04:12:03 PM
Hi,

what will happen if the Exodus Company shuts down or just vanish.
Will the Programm on the Computer still work and i will be able to transfer the funds to somewhere else?
Same question about other wallets and the ledger wallet but exodus is the most important.

And does someone know a good offline wallet for ripple? I tried rippex or RippleAdminConsole-1.4.1 called but its just not accepting my password so i will defnitly not put any coins in this wallet because i reset this wallet already twice.

Kind regards Florian

You should be able to export all your funds out using the private keys / seeds they provided you with.

http://support.exodus.io/article/77-does-exodus-have-advanced-export-options
http://support.exodus.io/article/86-how-can-i-view-my-private-keys

Here's how you are able to export your private keys into another wallet, in case they go down.

This^.
Online wallets and exchanges are not recommended for storing coins in the long run. You want to ensure that you're using a client/app that gives you full access and control to the private keys to allow you to move your coins when you please.