Exodus also offers a staking feature for users looking to earn passive income from their favorite assets. It supports staking for Cosmos (ATOM), Algorand (ALGO), Ontology (ONT) and Ontology Gas (ONG), Tezos (XTZ), Cardano (ADA), VeChain (VET) and Vethor (VTHO), and Solana (SOL). The APY paid as staking rewards is variable and can be tracked within the wallet. If users don’t want to stake, they can also use DeFi protocol Compound Finance through Exodus to lend their Ethereum assets to a pool to earn interest.
Exodus is a non-custodial wallet, meaning it does not collect users' personal information or any sensitive data about the wallet. Instead, the data is stored locally on the users' devices. With the ability to log in with a 12-word recovery phase and a password, users are always in control of their crypto funds. The wallet has also integrated security measures like Face ID and Touch ID.
Therefore, users don't need to enter any personal information to download, install, or use the wallet. All transactions are anonymous on Exodus. However, Exodus does not support on-chain anonymity, since it is easier to track transactions made with the wallet on the blockchain scanner.
Setting up Exodus Wallet is a smooth process on desktop and mobile. All a user needs to do is download the wallet on their preferred device and start using the services without sharing any details. Both the desktop and mobile platforms can be synced by scanning a QR code.
It even features a searchable FAQ section for common queries. If users can't find suitable answers or have any trouble with their wallets, they can always reach out to the support team through email or social media channels. Support personnel on Exodus are also readily available 24/7, and replies are often quick.