Send, receive, and exchange Bitcoin and 215+ cryptocurrencies with ease on the world’s leading Desktop, Mobile and Hardware crypto wallets
- User-friendly and highly recommended to newbies
- +230 cryptocurrencies supported
- Hosted by a highly reputable exchange and integrated with Trezor hardware
- Offers opportunities to earn rewards for staking crypto assets
- Operates on desktop and mobile devices
- No altcoins custom network fees
- High exchange fees
Exodus offers one of the best cryptocurrency wallets that is user-friendly and supports over 260 crypto assets. The wallet also features a wide range of elements, making it a viable option for any investor looking to securely store and transfer cryptocurrencies. Note that Exodus wallet is well-received by many cryptocurrency investors globally, and we review it below to help you decide whether it suits your needs.
Overview
Founded in 2015 by JP Richardson and Daniel Castagnoli, Exodus wallet operates across various blockchain networks. It allows users to securely send, receive, swap, and store over 260 crypto assets, including Bitcoin, Ethereum, Solana, etc. The wallet has an intuitive user interface with eye-catching features to maximize your experience. You can use the Exodus wallet on desktop and mobile devices.
Setting up the Exodus wallet is pretty straightforward and free. You will also enjoy free services when receiving crypto assets from other platforms. However, a small fee applies for transferring digital assets outside the Exodus wallet. The fee will depend on the blockchain network you are transacting on.
Regarding security, Exodus wallet is highly encrypted and supports Trezor hardware/cold storage. And the fact that a world-renowned crypto exchange hosts it makes it a viable choice for investors looking for a trustworthy wallet. Overall, Exodus is worth investing in, considering that you can explore the world of decentralised finance (DeFi) and NFTs marketplaces.
Compare Exodus with Other Wallets
Supported Assets
As mentioned above, Exodus wallet allows you to transact using more than 260 cryptocurrencies. Some of the popular assets the wallet supports include:
Besides transacting using crypto assets, the wallet also allows you to use fiat currencies, including USD, GBP, and EUR. You can buy cryptos with your debit/credit card, Apple Pay, or bank account.
Fees
Downloading Exodus wallet and setting it up is free. You will also enjoy free services when storing, receiving, and withdrawing digital assets. The only cost to incur is the asset transfer fee, which varies based on the blockchain network you transact in. Furthermore, Exodus allows customization of fees, but this only applies to Bitcoin and Ethereum networks. Note that a customized fee might change based on given network congestion or traffic.
Security
Using Exodus wallet is safe since it is hosted by one of the most trusted cryptocurrency exchanges. It is a non-custodial wallet, meaning that you get to be in charge of your assets and private keys. Moreover, Exodus wallet ensures that all users secure their accounts with usernames and strong passwords. And in case of a need to recover your account, the wallet has a 12-word recovery phrase only accessible to you.
Besides the software wallet, you also have an option to secure your funds on its Trezor hardware storage. This hardware/cold wallet operates like the software one, but the only difference is that you get to secure your assets and private keys offline. As a result, it will be challenging for hackers to access your assets.
Privacy and Anonymity
Exodus values the privacy of its users and allows transactions without requesting personal information. All activities are kept anonymous, and a new wallet is generated in every Bitcoin transaction to ensure your activities are not at risk of getting monitored by malicious individuals. All in all, it is best to constantly review your wallet and report any suspicious activities.
Customer Support
Exodus customer support is available 24/7 via email and live chat. A small FAQ section is provided to help you quickly understand some of the essential elements regarding its services. Although it doesn’t have phone support, it is responsive and offers relevant solutions.
How to Start With Exodus Wallet*
When engaging with cryptocurrencies, it’s crucial to recognise that these digital assets are characterised by their extreme volatility and speculative nature. This can result in swift and substantial price fluctuations. To safeguard your crypto holdings, it is imperative to utilise reputable wallets and exchanges, prioritising the security of your investments.
Also, exercise vigilance and due diligence to guard against crypto-related scams and fraudulent schemes that can potentially threaten your financial well-being. You can also spread your investments across multiple digital tokens and avoid making decisions based on emotions.
Setting up an Exodus wallet is easy since you only need to download it on your desktop and mobile device. Here is how to set it up and get started.
- Since the wallet doesn’t require your users’ personal details, you will proceed to set up your portfolio.
- On your profile, go to the security page and click back up. You will be provided with a secret backup phrase that secures your funds. Ensure you keep this phrase safe.
- Once done, you can securely transact using the wallet on supported blockchain networks.
*Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
Editor’s Note
Exodus wallet is suitable for all investors, whether newbies, intermediate or experts. The wallet supports hundreds of crypto assets, partners with the Trezor hardware wallet, and is self-custody, making it stand out when it comes to efficiency and security. We also like this wallet because investors can use it on desktop and mobile devices. This way, it is easier for users to manage their activities whenever they are on the move.
Besides the wallet, you can use Exodus exchange to invest and trade cryptocurrencies. For newbies, you have access to adequate learning resources for skills development and a dedicated 24/7 support service. Simply ensure it fits your trading needs and budget to enjoy your experience.
FAQs
Yes. Exodus wallet is one of the most trusted and efficient wallets for cryptocurrency investors. The wallet hosts many digital assets, including Bitcoin, Ethereum, Dogecoin, etc. Exodus is non-custodial, meaning you get to be in charge of your private keys and wallet for maximum safety. Additionally, transactions are simplified, and you can make purchases using debit/credit cards, bank, account, or Apple Pay.
Absolutely. You can trust Exodus wallet not only because of its reputable in-built exchange but due to its incorporated security features. These include secret backup recovery phrases and the availability of a Trezor hardware wallet for securing assets offline. As an investor, you should also take extra measures to safeguard your wallet by monitoring your activities and securing it using strong passwords.
No. Exodus does not charge fees for storing or receiving crypto assets. However, you will incur variable asset transfer fees since transactions are conducted on various blockchain networks.
No. Exodus and eToro wallets have unique features that make them stand out. Note that every investor has their own requirements, and while Exodus might not suit some, it can be a viable option for others and vice versa.
Yes. We consider Exodus an anonymous wallet since it doesn’t require users’ personal details, and all activities are conducted anonymously. Your private keys are also kept privately only accessible to you.
Today I tried to transfer money to this wallet. After 9 hours had passed, the wallet remained empty as it was. In the end, it turned out that the problem arose because of me. Now all is good, thanks to the quick and friendly support.
Easy to use and basically intuitive customer interface. Having interacted with customer service from several entities, Exodus is hands-down the best. Response time, professionalism, and follow-up are the best in the business. Highly recommend it.
This application is worthy of attention because it has everything you need for holding crypto. Simple, clear, and convenient! I was pleased with the synchronization with the PC. Currency conversion using FTX is lightning fast! There are no replacements for this app for me at the moment.
I want to say right away that the support team is awesome! There were some difficulties due to inexperience with the blockchain, but the support team helped me out quickly!
As an experiment, I tried to transfer money to my wallet, and after 9 hours had passed, the wallet was empty. I did everything according to the instructions... It turned out that the problem arose due to my wrong actions. Now everything is fine. I was pleasantly surprised by the quick and friendly support.
I love the features in Exodus. Excellent wallet, with all sorts of amazing products and useful info about crypto. I have some experience in trading and it is a good service.
Exodus is my first crypto wallet and it is the best. I have been using Exodus for multiple years across multiple devices with no complaints. The support team is great. You might get frustrated at the constant updates, but it's part of their platform. In general they are a responsible team and I would recommend them.
One of the most comprehensive wallets out there. ADA, XRP, HBAR, ATMOS, ETC, ETC, beautiful! I have 4 different wallets, and most of my coins are in a cold wallet! Exodus is the best of the 4 crypto wallets I use.
Would you recommend this provider?
Fees
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