In this Episode i’ll talk about the wallet because, in the world of the cryptocurrencies, we need a digital place where store the money we’ve bought or earned during the time.
In my case, I use Exodus, an open source wallet where you can store different type of currencies.
By the way, two weeks ago, has been released the latest version (1.34.1) of the wallet that includes new cryptocurrencies and ICO token such as: BAT and Quantum.
The new version will be released on 28th September and the developers will add Civic (CVC).
This is the full list of the currencies included in Exodus wallet (alphabetical order):
- Aragon
- Augur
- BAT
- Bitcoin
- Dash
- Decred
- EOS
- Ethereum
- Gnosis
- Golem
- Litecoin
- OmiseGO
- Quantum
Exodus is a very secure wallet: the protection is provided by different methods (backup of the password with email, 12 word backup phrase). It displays in every moment the amount of the currencies you've stored and the deposit/withdrawal carried out.
You can choose the layout of the wallet, the currency (Euro, USD, etc…) and the graphic style (Skins, Colors, Texture e Themes), so you can customize your Exodus as you like.
For download the wallet you shoud go to https://www.exodus.io/, choose your version (Windows, Mac or Linux) and install the .exe file. IT’S VERY EASY AND SIMPLE!
IMPORTANT: Every criptocurrency in the wallet has its address. An address wallet is an unique alphanumeric code that only you can manage. So, if you want deposit an amount of a cryptocurrency to your (e.g.) Bitcoin Address you must send it to the address displayed in your Exodus wallet. It's so hard to remember the exact address because the algorithm that generates it is so complicated. For this reason Exodus offers to its users the opportunity of copy, print and email the address with simple shortcut buttons. It's also possible scan the Qr Code to store the address in a mobile device (smartphone, tablet, etc...)
Exodus allow you the opportunity of exchange your currencies inside the wallet system.
For example, if i had 500k satoshi and i think that the value of the Ethereum will rise, i could exchange that amount directly in Exodus at the actual market rating change.
This function is very useful because you don’t need to subscribe a profile in an exchange platform such as Bittrex, Poloniex, etc…
In the next episode i’ll talk about Coinbase and how buy criptocurrencies.
Thank you for the attention!