Exodus - Best for desktop users

Why Exodus: We feature Exodus here because of its simplicity, ease of use, and feature-rich platform.

Exodus is a desktop wallet app with a highly intuitive user interface and a feature-rich built-in exchange. It is available for Mac, Linux, and Windows computers, and its developers recently launched the exodus mobile wallet app for Android and iOS devices. On either apps, it supports Bitcoin and more than a hundred other digital assets. Unlike most of the wallets featured in this post, however, Exodus is built on a closed source technology.

Like most other wallets nevertheless, it provides the user with a 12-word seed phrase during setup. This serves as a backup key and comes in handy when transferring the wallet to another computer or phone. Importantly, Exodus is fully compatible with Trezor One and Model T hardware wallets, which gives its privacy and security a significant boost.

Pros

• Features an in-built exchange that you can use to buy and swap Bitcoin and other cryptocurrencies.
• Exodus is easy to set up and easy to interact with making it a beginner-friendly desktop wallet app.
• Exodus maintains a highly responsive support team, available online 24/7.

Cons

• Exodus is an online/hot wallet and therefore vulnerable to malware, virus, and hacking.
• It is built on a closed source technology and its code is yet to be audited by an independent third party.