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Deposit and withdrawal methods: How does Exodus wallet persist?

Topic created on 26th Jan. 2025 | Page: 1 of 1 | Answers: 2 | Views: 190
LeonardoDi
I've often read here that the Exodus wallet is supposed to be very good in terms of freedom and security, as it is offline and completely anonymous.
I downloaded it and was really surprised that you don't even have to register. This also explains the advantages described above and the lack of questions, as is the case with coinbase.
But I wonder what happens if you buy a new cell phone or lose it.
Can you still get your BTC or credit somehow?
Is the data stored on the iCloud?

This post has been translated automatically

danny005
Elite

LeonardoDi wrote on 26.01.2025 at 19:11: I have often read here that the Exodus wallet is supposed to be very good in terms of freedom and security, as it is offline and completely anonymous.
I downloaded it and was really surprised that you don't even have to register. This also explains the advantages described above and the lack of questions, as is the case with coinbase.
But I wonder what happens if you buy a new cell phone or lose it.
Can you still get your BTC or credit somehow?
Is the data stored on the iCloud?

With the 12 words (Secret Recovery Phrase) you can transfer the whole wallet. iCloud Backup is also available, but I personally don't use it.

This post has been translated automatically

Malganes
Top Member


LeonardoDi wrote on 26.01.2025 at 19:11: I have often read here that the Exodus wallet is supposed to be very good in terms of freedom and security, as it is offline and completely anonymous.
I downloaded it and was really surprised that you don't even have to register. This also explains the advantages described above and the lack of questions, as is the case with coinbase.
But I wonder what happens if you buy a new cell phone or lose it.
Can you still get your BTC or credit somehow?
Is the data stored on the iCloud?

As Danny has already written, you can use the Secret Recovery Phrase to select any wallet and transfer it to a new wallet. It is therefore very important to write down the 12 words in a place that only you know. You can use it as a key to your wallet to access your Exodus wallet at any time.


Exodus is already very secure and completely offline, which means that the coins are protected from hackers and other internet threats. Exodus is a so-called hot wallet. To go one step further, where you can be even more secure, it would be worth purchasing a cold wallet such as Trezor, or Ledger in terms of security.

This post has been translated automatically

Hot Topics27th Jan. 2025 at 05:52 pm CET

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