Exodus, Ledger: Know more about these popular crypto wallets

March 28, 2022 06:27 PM AEDT | By Jasmine Anand
 Exodus, Ledger: Know more about these popular crypto wallets
Image source: stockphoto-graf, Shutterstock.com

Highlights

  • Crypto wallets help in the exchange of cryptocurrencies efficiently with the utmost security.
  • Being user-friendly, Exodus supports Bitcoin as well as numerous altcoins.
  • The Ledger wallet is known for its two models, Ledger Nano S and Ledger Nano X.

With the huge surge in cryptocurrencies, there has been an increasing need for a crypto wallet that is both secure as well as affordable. Cryptocurrency wallets, which are essential tools for buying, selling and trading cryptos, also facilitate the fast authentication of transactions.

Today, there are numerous crypto wallets in the crypto space for crypto investors. Exodus and Ledger are some of the well-known cryptocurrency wallets that are hugely used by crypto investors all over the world and are equipped with the industry’s best practices.

A Quick Read: 4 popular crypto wallets among Kiwi crypto lovers

Having said that, let us look at the two widely used crypto wallets across the globe.

cryptocurrency wallet, Exodus, Ledger

Source: © redhotvector | Megapixl.com

Exodus

One of the leading crypto wallets worldwide is Exodus, which was founded by P Richardson and Daniel Castagnoli in 2015.

Boasting a simple user interface, Exodus is a desktop, mobile and hardware wallet. It facilitates the buying and selling of more than 160 crypto assets and allows for swaps between 150+ cryptocurrencies. 

Owing to its simplicity, the wallet is popular among beginners and new entrants into the crypto world. Moreover, it is equipped with an option to set custom fees so as to keep costs down.

Further, Exodus has a 24 by 7 customer support team and easy transaction data storage, offering robust security and privacy.

Also Read: Is Metamask a good crypto wallet?

Ledger

Ledger is another well-known crypto wallet, which was created by eight experts in 2014.

Trusted by nearly four million customers across the globe, Ledger is a hardware cryptocurrency wallet, facilitating the exchange and trading of several major cryptocurrencies.

Its users can combine the Ledger hardware wallet with the Ledger Live app, thereby keeping their cryptos safe and accessible.

It has introduced two models, namely, Ledger Nano S and Ledger Nano X, boasting distinct characteristics and specific features.

Ledger Nano S is a feature-packed, highly secure cryptocurrency wallet, while Ledger Nano X, which is an enhanced version of the former, has a built-in battery and greater asset management capabilities.

It must be noted that all Ledger wallets support over 1500 tokens, including both prominent as well as lesser-known cryptos.

Must Read: Best 20 cryptocurrency wallets worldwide

Bottom Line

Cryptocurrency wallets help in managing different types of cryptos and act as a safe haven for the storage of these assets.


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