Exodus is a leading non-custodial cryptocurrency wallet supporting 260+ digital assets, offering a built-in exchange for buying, selling, and trading crypto. This review covers its fees, features, security, and usability to help you decide if it’s right for your crypto needs.
Key Features at a Glance
- Multi-platform access: Desktop (Windows, macOS, Linux), mobile (iOS, Android), and Web3 browser extension.
- 260+ supported cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and more.
- Staking rewards: Earn passive income on assets like SOL, ADA, and ATOM.
- NFT integration: Collect and trade NFTs via Exodus’s native marketplace.
- Trezor compatibility: Enhance security by linking to Trezor hardware wallets.
Pros & Cons
✅ Pros
- User-friendly interface: Ideal for beginners.
- Multi-currency support: Store and manage 260+ coins.
- Staking options: Earn rewards on select assets.
- No KYC for swaps: Privacy-focused trading.
- Regular updates: Active development and support.
❌ Cons
- High fees: Spreads up to 5% for swaps.
- No 2FA: Lacks two-factor authentication.
- Limited fiat withdrawals: Restricted to select countries.
Supported Cryptocurrencies & Fiat
Exodus supports 260+ coins across major blockchains (Ethereum, Solana, Polygon, etc.). Fiat purchases are available via third-party processors like MoonPay (USD, EUR, GBP) but incur 1–2% fees.
Minimum Withdrawal Limits
| Cryptocurrency | Minimum Withdrawal |
|---------------|--------------------|
| Bitcoin (BTC) | 0.0008 BTC |
| Ethereum (ETH)| 0.025 ETH |
| USDT/USDC | 20 tokens |
Fees Breakdown
- Network fees: Paid to blockchain validators (non-negotiable for most coins).
- Spread fees: 1–5% baked into swap prices.
- Processing fees: Added for fiat transactions (varies by provider).
💡 Tip: Always check the fee preview before confirming transactions.
Security Measures
- Non-custodial: Users control private keys via 12-word recovery phrases.
- Trezor integration: Secure assets offline with hardware wallets.
- Biometric login: Mobile app supports fingerprint/face ID.
⚠️ Warning: Exodus has never been hacked, but users must safeguard recovery phrases.
How to Set Up Exodus
- Download the app (Desktop / Mobile).
- Back up your 12-word phrase (store offline).
- Deposit crypto or buy via MoonPay/Ramp.
- Start trading/staking.
Exodus vs. Competitors
| Feature | Exodus | Atomic Wallet |
|---------------|-------------|--------------|
| Supported Coins | 260+ | 300+ |
| Fees | 1–5% spread | Higher swap fees |
| Hardware Support | Trezor | Ledger |
FAQs
1. Is Exodus safe for beginners?
Yes! Its intuitive design and detailed guides make it beginner-friendly.
2. Can I stake crypto on Exodus?
Absolutely. Stake assets like SOL, ADA, and ATOM for passive income.
3. Why are Exodus fees high?
Spreads cover partner exchange costs; fees are transparent before trading.
4. How do I withdraw fiat from Exodus?
Fiat withdrawals are limited to MoonPay-supported countries (excludes some US states).
5. Does Exodus support DeFi?
Yes! Connect to dApps via the Web3 extension.
Final Verdict
Exodus excels as a user-friendly, multi-asset wallet with staking and NFT features. However, high fees and limited fiat options may deter heavy traders. For enhanced security, pair it with a Trezor hardware wallet.
🚀 Ready to try Exodus? Get started here.