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Exodus login supports more than 150 currencies, across seven separate blockchains. Users can buy and sell, as well as swap currencies on Exodus’ internal exchange. Additionally, Exodus’ partnership with FTX allows users to access the exchange directly from the Exodus app, facilitating the transfer of assets between the two. Users will also find that Exodus has recently integrated the Lightning Network as a payment system. In short, the Lightning Network is a payment system that processes transactions outside of the Bitcoin network. As a result, Exodus users who take advantage of this feature will benefit from faster and less expensive Bitcoin (BTC) transactions.
Another recent feature is the ability to buy, sell, send, and receive Non Fungible Tokens (NFT) within the Exodus NFT Marketplace. This feature, via its partnership with Magic Eden, is available on both the mobile and desktop versions of the app. Users will want to note that Exodus supports NFT transactions on the Solana network. As such, a minimum reserve of 0.01 SOL will be required to successfully complete an NFT transaction.
As it relates to generating income, wallet holders have the ability to stake assets as well as earn interest on their holdings. In doing so, users have the ability to deposit assets on the app, delegate the assets they wish to stake, and collect passive income as a result. This feature applies to ALGO, ADA, ATOM, ONT/ONG, SOL, XTZ, and VET/VTHO, with each asset having its own distinct parameters specific to staking. Finally, as it relates to software updates, Exodus maintains a relatively frequent cadence, at one every two weeks.
Being an exodus wallet user gives you a variety of benefits to choose from. Since one should use a wallet service only after reviewing the pros and cons, therefore we have listed the complete details of exodus wallet including the pros and cons of this service. Additionally, we have also mentioned the steps to set up and use this wallet service in an easy way.