I'm also new to cryptocurrency but my understanding so far is that both of these options are great for secure wallets (outside of cold wallet options).
Exodus has a well designed and user friendly UI with all crypto balances visible in the one screen.
Jaxx is apparently a little less designer look but has a stronger security level.
Just a heads up, I've heard that in the possible upcoming "Hard Fork" for Bitcoin, there is a question of "private key control" when using hard wallet. It seems that if there is indeed a hard fork, the entity that controls the private key will receive the duplicate currency.
If my understanding is correct, the following is true:
Say for example I hold 1 Bitcoin at Coinbase, or some other exchange — they control the private key and after the fork, I will have 1 Bitcoin. (Not sure yet how it would be decided if I had old or new coin.)
Alternately for example, I hold 1 Bitcoin on a hot wallet such as Exodus or Jaxx — where I control the private key, in this case after the fork I will have 2 Bitcoin – one old and one new.
It's my understanding that hard walets fall in the first category. Therefore, any Bitcoins held on a hard wallet on August 1 (assuming the hard fork) would lose you the benefit of a second coin.
Finally, I believe this is a fairly date specific issue and using a hard wallet before and after that date should not create an issue.
DISCLAIMER: I'm fairly new to the space, and will happily stand corrected if anyone would care to point out any possible fallacies in my assertions.
I'm also new to cryptocurrency but my understanding so far is that both of these options are great for secure wallets (outside of cold wallet options).
Exodus has a well designed and user friendly UI with all crypto balances visible in the one screen.
Jaxx is apparently a little less designer look but has a stronger security level.
Hope that helps.
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Thanks for the idea.
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I would recommend to use a hardware wallet.
Here you will find an overview:
https://99bitcoins.com/best-bitcoin-wallet-2015-bitcoin-wallets-comparison-review/
I'm using TREZOR for my Bitcoins and Ethereums.
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Thanks. Looking forward with trezor.
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Just a heads up, I've heard that in the possible upcoming "Hard Fork" for Bitcoin, there is a question of "private key control" when using hard wallet. It seems that if there is indeed a hard fork, the entity that controls the private key will receive the duplicate currency.
If my understanding is correct, the following is true:
Say for example I hold 1 Bitcoin at Coinbase, or some other exchange — they control the private key and after the fork, I will have 1 Bitcoin. (Not sure yet how it would be decided if I had old or new coin.)
Alternately for example, I hold 1 Bitcoin on a hot wallet such as Exodus or Jaxx — where I control the private key, in this case after the fork I will have 2 Bitcoin – one old and one new.
It's my understanding that hard walets fall in the first category. Therefore, any Bitcoins held on a hard wallet on August 1 (assuming the hard fork) would lose you the benefit of a second coin.
Finally, I believe this is a fairly date specific issue and using a hard wallet before and after that date should not create an issue.
DISCLAIMER: I'm fairly new to the space, and will happily stand corrected if anyone would care to point out any possible fallacies in my assertions.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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