Exodus Review
Best For
The Best Crypto Software Wallet for Desktop
Exodus is a beautiful, beginner-friendly software wallet with a built-in exchange — great for managing multiple coins in one place.
Pros
- Easy-to-navigate and visually appealing interface
- Supports over 150 cryptocurrencies
- Compatible with Trezor
Cons
- No fee support for alt-coins
- No multi-signature support or two-factor authentication
- No crypto-to-fiat transactions.
Disclosure: We earn affiliate commissions on some products linked here. This never affects our rankings.
Affiliate link — we may earn a commission at no extra cost to you.
Exodus Wallet Review: The Beautiful Multi-Asset Software Wallet
Exodus is a user-friendly, multi-asset software wallet known for its elegant design and ease of use. Founded in 2015 and launched publicly in 2016, Exodus has grown to support 300+ assets across 50+ networks, with built-in exchange and staking features.
Background
Exodus was founded by JP Richardson and Daniel Castagnoli in 2015. The company is headquartered in Omaha, Nebraska, USA. Unlike most crypto companies, Exodus bootstrapped its growth without venture capital funding. In 2021, Exodus became a public company by tokenising its shares on the Algorand blockchain — a first for any US company.
Supported Assets
Exodus supports 300+ cryptocurrencies across 50+ blockchain networks, including:
- Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche
- All major ERC-20 and SPL tokens
- NFTs (Ethereum, Solana)
Key Features
Exchange: Exodus has a built-in exchange powered by ShapeShift, Changelly, and other liquidity providers. Swap directly between assets without leaving the wallet. Note: exchange rates include a spread markup.
Staking: Stake SOL, ADA, ALGO, ATOM, and other assets directly in Exodus and earn staking rewards. Staking is non-custodial — your keys remain in your control.
Web3 Browser: The Exodus browser extension connects to Ethereum dApps, NFT marketplaces, and DeFi protocols.
Portfolio Dashboard: Clean portfolio overview with price charts, transaction history, and performance tracking.
Security
Exodus is a non-custodial hot wallet — your private keys are stored locally on your device, encrypted with your password. Exodus does not have access to your funds or seed phrase.
Key security points:
- 12-word recovery phrase — store offline, never share
- No 2FA (relies entirely on seed phrase)
- Open-source wallet verification code, though the core is not fully open-source
- Supports Trezor hardware wallet integration for added security
As a software/hot wallet, Exodus is suitable for everyday use and smaller amounts. For significant holdings, pair with a hardware wallet.
Exodus vs Competitors
| Feature | Exodus | MetaMask | Trust Wallet |
|---|---|---|---|
| Multi-chain | ✓ (50+ networks) | EVM only | ✓ |
| Built-in swap | ✓ | ✓ | ✓ |
| Desktop app | ✓ | Extension | ✗ |
| Open source | Partial | ✓ | ✓ |
| Staking | ✓ | Limited | ✓ |
Verdict
Exodus is one of the best software wallets for users who hold assets across multiple blockchains. Its design, ease of use, and built-in features make it an excellent all-in-one crypto management tool. Use it for everyday holdings, and consider pairing with a Trezor for large amounts.
- Beautiful, intuitive interface
- 300+ assets, 50+ networks
- Built-in swap and staking
- Desktop + mobile apps
- Hot wallet (less secure than hardware)
- Built-in swap spread can be high
- Not fully open-source
Maja & Leo
Reviewed by practitioners who actually use these products.
Related
Coinomi Multi Blockchain Wallet
Best for: The Best Crypto Software Wallet for Multi-Coin Support
Metamask
MetaMask is the most widely used Ethereum and EVM wallet — essential for DeFi, NFTs, and Web3 applications.
Best for: The Best Crypto Software Wallet for Web 3.0
Mycelium Bitcoin Wallet
Best for: The Best Crypto Software Wallet for Bitcoin
Related Posts
Best Crypto Airdrops 2023
This article is about rumors and speculations about some of the most profitable Crypto Airdrops 2022. Airdrops are a great way to get started to build an initial capital in Cryptos or also to get some free money.
Cold Staking - How to stake with Ledger Hardware Wallet
Step-by-step guide to staking crypto in Ledger Live. Earn passive rewards on proof-of-stake coins while keeping your assets in cold storage.
Cold Staking - How to stake your crypto coins with BitBox02 Hardware Wallet
Learn how to stake your crypto coins with the BitBox02 Hardware Wallet. Staking is a process which rewards holders of Proof-of-Stake (PoS) coins for keeping their wallets open and connected to the network. Find out more in this article.
Get notified when we update this review
No spam. Just a heads-up when something changes.
No spam. Unsubscribe anytime.