Assets, Bitcoin

Is Exodus a Bitcoin Wallet?

Exodus is a desktop wallet that supports multiple cryptocurrencies, including Bitcoin. It is available for Windows, Mac, and Linux. Exodus is a lightweight wallet, meaning it does not require users to download the entire blockchain.

Instead, it uses SPV (Simplified Payment Verification) to validate transactions. Exodus also offers a built-in exchange that allows users to trade between cryptocurrencies without having to use a third-party service.

Exodus is a secure wallet, as it uses two-factor authentication and keeps most of its assets in cold storage. However, because it is a light wallet, it is not as secure as a full node wallet.

Additionally, Exodus does not support SegWit or Lightning Network at this time.

Overall, Exodus is a good choice for those looking for a simple and user-friendly Bitcoin wallet. It offers all the basic features one would need, as well as some additional ones like built-in exchanges.

However, its lack of support for SegWit and Lightning Network means that it may not be the best choice for those looking for the most secure possible wallet.

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