I want to save my crypto in Exodus wallet ,the exodus wallet will be installed on a mobile device which is used only for this purpose, it will be offline when I don't need to use my wallet, is this a good way to save crypto?
#asknostr
I want to save my crypto in Exodus wallet ,the exodus wallet will be installed on a mobile device which is used only for this purpose, it will be offline when I don't need to use my wallet, is this a good way to save crypto?
#asknostr
Not really. It depends on the amount you want to secure. It’s better to use a hardware device. For Bitcoin use a Coldcard, BitBox 2 or Jade. Better don’t use Ledger.
And you might want to avoid the shitcoin phase that we all went through. Bitcoin is saving, the rest is gambling.
Are there any good guides out there for choosing a hardware wallet? Specifically ones that exclude the ledger? Or at least a running list of them sorted from easy to hard to use?
Exodus is a closed source software. I strongly advise you to avoid it and any other closed source wallets
When possible use an hardware wallet for long term storage
Your solution is less risky than a tradinional always on wallet