| Launched |
|---|
2015 |
| Languages |
en |
| Integrations or api |
Limited |
| Supported countries |
Global |
| Community size |
5M+ |
| Launched |
|---|
2014 |
| Languages |
en, fr, de, es, ru, zh, ja, ko |
| Integrations or api |
Ledger Live API |
| Supported countries |
Global |
| Community size |
3M+ |
| Launched | |
|---|---|
2015 | 2014 |
| Languages | |
en | en, fr, de, es, ru, zh, ja, ko |
| Integrations or api | |
Limited | Ledger Live API |
| Supported countries | |
Global | Global |
| Community size | |
5M+ | 3M+ |
Live Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentUsing a cryptocurrency wallet is far beyond simple convenience. It can mean gaining full ownership and control, or leaving the door open to counterparty risks. In this article, we will review Exodus vs Ledger Nano S Wallet, analyzing the main points for every crypto holder.
The very first step for any analysis: does the wallet you use store your private key or not? A custodial wallet means you need to entrust your private key to the company. In such case, your funds are subject to potential hacks or loss from internal mistakes. On the other hand, non-custodial wallets give full access and ownership – literally "not your keys – not your coins".
Some wallets specialize in certain ecosystems. Compare how many different token standards each wallet supports, including ERC-20, TRC-20, BEP-20, Solana, and more. Do not forget to check which blockchains they connect with: if you have multiple coins on different chains, having to operate multiple applications becomes a serious problem.
Marketing departments try to create the impression of a super-secure wallet, but do you really know what measures are taken by both providers? Check if they support usual things like 2-factor authentication and a 12/24-word seed phrase. What other additional measures do they implement? Can they connect directly to hardware wallets?
Modern cryptocurrency holders are used to interacting with decentralized finance and other blockchain-based projects. Therefore, a wallet must not just provide basic security and convenience but also enable access to a wide variety of dApps. Pay particular attention to native integration and Web3 browser capabilities.
Non-custodial wallets with built-in support of hardware wallets win almost always regarding pure security and safety of your private key. In case of Web3 and DeFi-related usage, you should prioritize the wallet's capability of communicating with dApps and blockchain layers.
Cryptogeek.info publishes independent, factual comparisons. Our ratings are not influenced by commercial relationships.