hi everyone it's Vincent Mbatha here back with another video and today we are talking about
exodus and how you can earn from just storing your crypto on exodus, on exodus wallet. So it you know
exodus wallet comes in two ways. You get a mobile version and you get a desktop version and you
can obviously sync the two so uh whether you're logged into your desktop or your mobile they still
communicate, okay. So so whatever i'm gonna do here you can also do it on your mobile app, okay.
So exodus is a non-custodial wallet uh that enables you to store crypto, to receive, send,
and exchange and yeah and now you can also earn uh on your, on your crypto, just by storing your
funds on the wallet okay so that's what i'm gonna show you here. So before i get to that
just a reminder I have a contest running currently where if you subscribe to my channel you like the
video and you leave a decent comment uh with your bitcoin address you stand a chance to win fifty
dollars worth of bitcoin okay. So that's all you have to do, just subscribe uh you you like
the video, you comment, and you leave your bitcoin address uh you might be the lucky winner, okay. So
let's get to it so first of all to download exodus you just go to exodus.com and then you'll see
you'll see the different versions that you can download, also you can really just go to your
App Store or your Google Play Store and you just download the mobile version, okay. Or
obviously if you're on your desktop you know you can just download the um this is the software on
your desktop, okay. So this is how you can earn uh on on exodus. They have they have several
assets that enable you to earn, it's not all of them but it's a it's it's it's a few okay so the
the how you can see that is you there's there's several ways you can bring the the other assets up
but all you do basically is you can you can either scroll down here okay and you click on add more
and then say for example Algo, Algorand. There you can earn 5.57% APY okay or you can search for say
Tezos. Tezos is 5.5, etc etc um there's also ADA okay but now this you kind of have to
it's um it's it takes time this is a long process to do this i'll show you the quickest way to do
this okay because here you basically taking it, it takes long for you to actually it's like you're
guessing because you don't really know which which one enables you to earn, so all you do
you can see there's this plus sign here that says install so you just want to click on install and
you'll see rewards then you just click on install. So there we go now we know exactly what you
can earn from and what you can store on here on exodus in order for you to earn, okay. So there's
Algorand, Cardano, Cosmos uh NEO, Ontology, Tezos and VeChain. So all of these enable you to earn uh
passively okay and what I like about this too is there's a calculator you know, you can calculate
your profit uh just to kind of get an idea how much you can earn. So for example let's say
you have some Tezos you want to you know you're storing your Tezos on your wallet and then you
just wanna you know you wanna see how much you can earn from that so let's say you have ten let's say
you have 10 000 Tezos okay and you just leave it on your wallet for like 12 months or a year,
so this is how much you can this is how much you stand to earn like 550 Tezos for free just
by keeping your funds on this wallet. I mean it's a no-brainer right and based on the current price
basically this would be like $2109 just, just by storing your Tezos on on the wallet and I mean why
not because I mean this offers a I mean exodus on itself uh it's a it's a very secure wallet
and there's lots of advantages which I do talk about on a on a separate video so i'll actually
leave the link to that video here uh below the you know in the comment section below I'll leave
a link basically where I talk about the difference between exodus or a custodial wallet and a
non-custodial wallet where obviously exodus is a non-custodial wallet uh so i'll basically you
know explain the differences for example security uh where you have you you have you know they're
usually more secure, the private wallets, and you also have access to your private keys which
is very important. Access to your private keys and you're in control mainly you in control
uh you know that with exchanges or basically like custodial wallets or exchanges themselves if they
decide to block you then you don't have access to your funds right because you don't have access to
your private key so if they decide to block you then that's it you lose you lose out like that
you lose your funds until they decide to unblock you. So you're not in control and also the other
factor being if the if the exchange gets hacked uh then you lose your funds you know yeah. Yes,
there are certain exchanges, in fact most exchanges now offer some form of security but
I can tell you that it's you won't get everything back, you won't, you won't get everything back
uh it's you're just gonna get a you're just going to get a portion of whatever was lost so yeah you
know a lot of a lot of advantages really when it comes to using private wallets versus uh
versus centralized wallets or versus you know exchanges etc, right. So so again you
can check that video out where I go into detail basically so here as an example like I said,
this, you, with Tesos currently they pay 5.5%
and in our example it will be 550 and then I mean what if the price goes because right now it's it's
about $4, 3.9 or so, what if it goes to $10 which over time it will, right. Over time, I mean uh you
have to look at a long term kind of perspective here you know and Tezos is a very, it's a
you know it's a decent it's a decent um crypto uh so it is something that you can that you can
hold long term okay so you get to earn more basically. And then look at ADA, same thing,
with Cardano, but you get 4.21% okay. Uh again, Cosmos and look at how much Cosmos pays you,
uh your APY, I mean that's 8.95%, which is awesome so this is really something to take advantage of
and uh it's really just by just storing your crypto here, you know just storing your crypto
on on this wallet and then you're good to go. So this is another way you can really
take advantage of your of your crypto and making sure that it works for you, you want to have your
crypto working for you not just sitting on your wallet and doing nothing. You want to earn from it
so again if you don't have exodus you can just really go either to your play store if you if
you're downloading via your mobile phone or you go to the website and you just download the desktop
version and you send your crypto from your wallet. Let's say you have Cardano on your exchange
for example right. You have it on Binance or you have Cardano on on LUNNO or whatever the
case may be then you just send it to exodus. How do you do that? You would basically go to
let's say let's say wallets here okay just a quick example let me let me do this let's say
ADA okay and then as you can see this Receive. So you just click on Receive and there's your
address there's your uh Cardano address then you just send it here and then that's it
now that's it, then you start earning, okay. So I mean it's a no-brainer it's a no-brainer uh so,
and of course this is you know since it's in your wallet, I mean you can
pull out whenever you want you know so that's that's pretty cool that's pretty cool and uh
so that's it for this video basically guys that's it I hope you found it informative
and helpful if you did do give it a like and I will see you on the next one bye