Exodus wallet is a non-custodial wallet supporting multiple cryptocurrencies. Since its launch in 2016, it has been favored by users for its numerous extraordinary features.
Among these notable features are its direct asset staking and instant exchange integration within the wallet. With these functions, crypto coins remain safe within the user’s wallet.
Amidst all these outstanding benefits, however, one question remains: Is Exodus still a safe and reliable option?
This TRU Insight offers an in-depth Exodus crypto wallet review. We’ll uncover its most important features, pros, and cons, and explore a brief comparison against potential alternatives.
Before we explore its features, let’s first understand what Exodus wallet is.
At a Glance: What is Exodus?
Exodus wallet is a multi-chain cryptocurrency wallet that supports more than 50 blockchain networks. As a seamless wallet, it enables users to store tokens from supported networks in one convenient location.
With that in mind, Exodus strives to serve as a one-stop shop for users’ crypto needs, including:
- Interaction with web3-enabled sites
- Storage
- Cross-chain swaps
- Staking
Exodus is available as an app for both Android and iOS mobile devices. It also comes as a plug-in and an Exodus desktop wallet. All these versions are great for managing your wallets, buying crypto with fiat, and making swaps.
Conversely, if you plan to connect to web3-enabled sites, the browser extension is the best option. You can also access these sites with your mobile device through WalletConnect.
The extension, in particular, allows you to access the same features found in the Exodus apps. If you need to access the same wallets from the app and browser extension, you can link them together.
Exodus Key Features
Our experts have used each version of the Exodus wallet and noted the following outstanding features that users should know about:
| Storage | Users can access tokens and coins from all supported blockchains in one wallet. |
| Swaps | Exodus offers in-app swaps, allowing users to exchange cryptocurrency for various tokens. |
| Fiat On-Ramp | Users can purchase crypto using fiat money through Ramp, Moonpay, Sardine, Ramp, and Robinhood Connect. |
| Crypto Staking | In-app staking is available for various tokens. |
| Transaction Export | To help you stay up-to-date with your tax liability, Exodus wallet exports your transactions in a .csv file per chain. |
| Desktop and Mobile Apps | The Exodus desktop wallet and mobile app enable users to access their wallets and trade cryptocurrencies using an intuitive interface. |
| Browser Extension | The wallet’s browser extension allows users to access web3-enabled websites and make transactions using their wallet. |
Our Experts’ Review of Exodus Wallet
Our TRU expert review partners have spent decades analyzing market trends and identifying common patterns that make crypto wallets sustainable and a favorite among users.
While reviewing and testing its platforms, our experts drew interesting conclusions about the Exodus wallet. To help guide you, here is our experts’ take on the cryptocurrency wallet:
Installation: 5/5
According to our review partners, installing and using Exodus wallet was a breeze. They did not encounter any problems with the desktop version, the mobile app, or the browser plug-in.
They note that syncing has also been made easier between devices, as Exodus uses QR codes. Exodus also allows you to pair your wallet with your Trezor wallet, allowing you to access your cold wallet while maintaining security and privacy conveniently.
Crypto Storage: 4.7/5
Since Exodus supports various blockchains and their tokens, our experts note that users can be assured that the wallet serves as a centralized location for all crypto wallet functions.
The browser extension also enables you to connect to those blockchains within a single app. Depending on the network you use, you may incur transaction fees for transferring tokens into your Exodus wallet.
According to our experts’ experience, Exodus allows users to choose the network they plan to use for transfers if their tokens are stored on multiple networks.
Swaps: 3.8/5
Our experts note that the initial experience with the in-app token swap appears to be a useful feature. However, they found that using this feature is only possible if you pay for it.
Exodus charges a percentage of each amount swapped. The amount varies depending on the swap tokens, but our experts note that it can reach as high as 12%, which is a significant percentage.
Users are also not allowed to swap between all tokens directly. Before swapping, there should be around twelve tokens on one side of the swap.
Another drawback is that swapping between two tokens not included in the main list requires users to complete two separate trades, incurring fees for both.
On the bright side, the swap interface is easy to understand, and all fees are calculated into the swap, indicating transparency. Additionally, our experts noted that the ability to swap tokens between different blockchains is a valuable feature.
Fiat On-Ramp: 4.8/5
One outstanding feature of the Exodus crypto wallet is its support for in-app purchases of cryptocurrencies in various currencies, including EUR, USD, AUD, and GBP.
Users can make their purchases through Moonpay using their debit or credit card. According to our experts, transactions with Moonpay occur outside the app, yet the crypto purchased appears directly in the user’s Exodus wallet.
Although Exodus offers a fiat off-ramp option using Moonpay, this feature is not available in some states in the United States, as well as in other countries.
Crypto Staking: 4.7/5
Exodus offers its users the option to stake various cryptocurrencies. However, staking typically requires a network transaction fee that varies based on the token being staked.
In some cases, staking options may also require minimum deposits and an unstaking period. Exodus wallet makes crypto staking simple and transparent, providing all the necessary information concerning fees to users upfront.
Read more: 3 Best Crypto Staking Platforms in 2025: Complete Guide – TradersUnited
Apps and Browser Extensions: 5/5
The Exodus desktop wallet and mobile apps provide a clean, intuitive, and user-friendly interface, enabling users to access their wallets, conduct in-app swaps, and purchase cryptocurrency.
Our experts also found that the browser extension offers support for these features, though they are available in a much smaller interface. They also found that the extension allows you to interact with web3-supported websites using your Exodus wallet easily.
Customer Service: 4.6/5
Exodus has a built-in knowledge base that provides answers to basic questions, covering various topics related to the crypto wallet.
Our experts also found that Exodus has a YouTube channel containing several educational videos about wallet features, such as crypto staking. It also includes information about specific coins and blockchain technology.
Users can also access email support through the Exodus app and website at any time. Upon testing this feature, our experts learned that the non-automated response took around 20 minutes.
Is Exodus Wallet for You?
Exodus is best suited for users who want to easily purchase coins and tokens with fiat and other cryptocurrencies.
It is also ideal for novice crypto traders. Thanks to their user-friendly interface, fiat on-ramp, and wide availability across mobile and desktop devices, crypto newbies can have a good head start.
Exodus is also an excellent choice for users who want a multi-chain wallet that allows them to store accumulated tokens and coins with enhanced accessibility.
On one hand, this crypto wallet is not for individuals who already have existing wallets and need to manage them in one place. Although Exodus has that function, you first need to get your funds into Exodus-created wallets.
Users can also import transactions through private keys. However, the process involves transferring funds from the imported address to their Exodus wallet address. Note that this process differs from using your Exodus wallet to access an existing blockchain address.
Can You Trust Exodus?
Exodus wallet is a publicly traded company that has never suffered any hacks. Since it’s also a non-custodial wallet, Exodus does not have any access to your private keys.
To help ensure that any new vulnerabilities that arise are addressed promptly, the Exodus secure crypto wallet undergoes updates every two weeks.
One of its most recent updates involves the release of the Exodus debit card. This new feature is made possible through the wallet’s partnership with Baanx, a cryptocurrency card enabler working with Visa and Mastercard.
Exodus does not support two-factor authentication (2FA) measures, so its self-custody nature will not prevent someone from gaining access to your funds once they have your seed recovery phrase.
Learn how you can keep your Exodus wallet secure with top insights from our experts at CommuniTrade.
FAQs
Is Exodus Wallet Open Source?
No, the Exodus wallet is not entirely open-source. Although it uses and publishes some open-source elements, a few critical components of the crypto wallet are not available for public review.
Who are the founders of Exodus?
Daniel Castagnoli and JP Richardson founded Exodus wallet in 2015. Richardson, in particular, has already posted over 200 open-source libraries and written code used by blockchains at present.
Meanwhile, Castagnoli contributed to the creative aspect of the team, having a background in designing for companies like BMW, Apple, Disney, Nike, and Louis Vuitton.
Is your crypto safe with the Exodus wallet?
Exodus is a self-custody wallet, meaning that only the user can access their 12-word seed recovery phrase and private keys.
While this keeps your crypto safe from outsiders, it also means you are responsible for keeping this private information secure.
Be sure to write this data down and store it safely offline. If you choose to store your private keys and seed phrases electronically, it’s best to use encryption.
Achieve Utmost Security with Crypto Wallets like Exodus Wallet
Exodus’s top features and support for a wide range of cryptocurrencies and blockchains make it one of the best crypto wallets on the market.
It offers a very promising solution for those seeking centralized crypto wallet management. Additionally, its increased availability and intuitive interface make it ideal for novices in the cryptocurrency space.
Learn how to maximize the benefits of the safety features offered by crypto wallets like the Exodus wallet.
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