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Exodus Review: Features, Fees, Pros & Cons

Exodus is a desktop-based online multi-currency wallet that supports 100 digital currencies and offers users in-app trading via ShapeShift.
For several reasons, we cannot recommend using Exodus but we suggest reading this article to know about alternatives.

Exodus

Exodus is one of the newest and most popular digital currency wallets on the market that boasts of ease of use and a strikingly beautiful user interface as well.

Though the wallet pales in comparison with eToro, it does have a few interesting features. The desktop wallet supports multiple cryptocurrencies. The design of the wallet aims to make crypto coins more easily accessible for the general user (non-technical).

In this review we have investigated this wallet’s fees, pros, cons, and features in depth, and have found, however, that whilst ExodusWallet is a reasonable service, there are better options for storing cryptocurrencies, which offer higher security and better rates. Read on for a full review of this wallet, as well as an explanation of why we would recommend other providers.

eToro - Our Recommended Crypto Wallet

Our Rating

eToro exchange
  • Exchange Wallet for 120+ Cryptocurrencies, Trade In-Wallet
  • Automatic Staking of ETH, ADA or TRX in your Wallet
  • Regulated by FCA, ASIC and CySEC - Millions of Users
  • Unlosable Private Key - Secure eToro Recovery Service
eToro exchange
68% of retail investor accounts lose money when trading CFDs with this provider.

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Contents [show]

    Is Exodus Wallet Recommended?

    ❌ If you are a newbie to the crypto world who wants a simple way to keep digital currencies, Exodus wallet could be a good choice but not the best. This online wallet is good for keeping small sums of digital coins, but we would not recommend it otherwise due to security issues. The eToro wallet is a much more affordable service, which is also regulated by several financial authorities, providing a safer experience.

    If you still have doubts as to what the best service for storing your cryptos is, you can compare the best Bitcoin wallets here.

    Exodus Alternatives

    68% of retail CFD accounts lose money.
    74% of retail investor accounts lose money when trading CFDs with this provider.
    The price and value of any investment in digital asset products can fluctuate.
    The traded price of digital tokens can fluctuate greatly within a short period of time.
    Market prices for digital tokens can be volatile and highly unpredictable.
    As with any asset, the values of digital currencies may fluctuate significantly.
    The value of digital currencies can go up or down frequently.
    71% of retail CFD accounts lose money.
    As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.
    Rating
    5.0
    4.7
    4.7
    4.6
    4.5
    4.4
    4.3
    4.1
    4.0
    Mobile App Rating
    10/10
    9/10
    9/10
    8/10
    8/10
    9/10
    9/10
    9/10
    10/10
    Mobile App
    Wallet
    Number of Coins
    14059223413535915115
    Trading Fees
    SpreadsSpreads0.1%0.1%0.1%0.1%0.50%Spreads0.2%
    Deposit Fees
    N/AN/AN/AN/AN/AN/AN/AN/AN/A
    Withdrawal Fees
    $5N/A0.0005 BTCN/AN/AN/AN/AN/AN/A
    Regulated
    ASIC, CySEC, FCACySECN/AN/AN/AFCAFCACBI, MiFIDN/A
    Min. Deposit
    $50100 EURN/AN/A$10$10$2$100N/A
    Leveraged Trading
    N/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200x
    Bitcoin
    $21199.84$21282.51$21213.62$40391.88$40393.04$40404.41$40416.27$21271.91$40377.55
    Ethereum
    $1227.83$1213.37$1205.84$2796.11$2795.55$2797.45$2796.59$1209.16$2795.54
    XRP
    $0.37$0.36N/A$0.23N/A$0.78$0.30$0.37$0.78
    Tether
    $1.00N/A$1.00$1.00N/AN/A$1.00N/AN/A
    Litecoin
    $59.76$58.94N/A$109.04N/A$109.10$109.04$59.00$108.99
    Bitcoin Cash
    $116.37$115.68N/A$506.41N/A$295.12$295.07$115.63$294.96
    Chainlink
    $7.01$6.96N/A$14.26N/A$14.68$14.67$7.05$14.68
    Cardano
    $0.50$0.50N/A$0.83N/A$0.83$0.83N/A$0.83
    IOTA
    $0.31$0.31$0.30N/A$0.70$1.91$1.91$0.31$0.70
    Binance Coin
    $241.32$235.79$235.73N/AN/A$385.92N/AN/AN/A
    Stellar
    $0.13$0.13N/A$0.19$0.08$0.19$0.19$0.13$0.19
    Bitcoin SV
    $64.35$63.96N/A$182.50N/AN/AN/AN/A$77.12
    USD Coin
    $1.01N/AN/A$1.00N/AN/AN/AN/A$1.00
    EOS
    $1.02$1.00$1.00$2.06$2.06$2.06$2.05$1.01$2.06
    Monero
    $125.87$126.36$124.71N/AN/AN/AN/AN/A$188.31
    Credit Card
    Giropay
    Neteller
    Paypal
    Sepa Transfer
    Skrill
    Sofort

    What is Exodus wallet?

    Exodus is a desktop-based online multi-currency wallet that lets you hold Bitcoin, Bitcoin Cash, Ethereum and a host of ERC20 and other digital coins. It supports close to 100 digital currencies and offers users in-app trading via ShapeShift. It stores the user’s private key on his machine, making the wallet more secure than an exchange wallet. Though it cannot be considered as secure as a hardware or paper wallet, it lets users retain control of their private keys which is crucial in terms of development. It is also a lite wallet, which means that the users never have to download the entire blockchain on their systems to engage in transactions.

    The wallet was founded by JP Richardson and Daniel Castagnoli. Richardson is the Chief Technical Officer of the project and has published over 200 open source libraries to date. His codes are being used in several Bitcoin and other crypto software. Castagnoli is the Chief Creative Officer has previously worked in the design teams of BMW, Disney, Apple, Nike, and Louis Vuitton. The wallet was launched in mid-2016 and quickly started getting attention from users from its user-friendly design and highly intuitive user interface.

    What cryptocurrencies does Exodus Wallet support?

    It includes popular coins like-
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Litecoin (LTC)
    • Tron (TRX)
    • Bitcoin Cash (BCHABC)
    • Dash (DASH)
    • Binance Coin (BNB)
    • Ethereum Classic (ETC)
    • EOS (EOS)
    • Zcash (ZEC)
    • Bitcoin SV (BSV)
    • Bitcoin Gold (BTG)
    • Ripple (XRP)

    Other popular cryptocurrencies available on the app are:

    • Lisk (LSK)
    • Loom (LOOM)
    • 0x (ZRX)
    • Waves (WAVES)
    • Aeron (ARN)
    • AirSwap (AST)
    • Appcoins (APPC)
    • Aragon (ANT)
    • Ark (ARK)
    • Augur (REP)
    • Bancor (BNT)
    • Basic Attention Token (BAT)
    • Bread (BRD)
    • ChainLink (LINK)
    • Cindicator (CND)
    • Civic (CVC)
    • Crypto.com (MCO)
    • Decentraland (MANA)
    • Decred (DCR)
    • DigiByte (DGB)
    • DigixDAO (DGD)
    • District0x (DNT)
    • Edgeless (EDG)
    • Ethos (ETHOS)
    • FunFair (FUN)
    • Genesis Vision (GVT)
    • Gnosis (GNO)
    • Golem (GNT)
    • IExec RLC (RLC)
    • Kyber Network (KNC)
    • Loopring (LRC)
    • Lunyr (LUN)
    • Maker (MKR)
    • Matchpool (GUP)
    • Metal (MTL)
    • Mithril (MITH)
    • Neo (NEO)
    • Numeraire (NMR)
    • OmiseGo (OMG)
    • Paxos (PAX)
    • Po.et (POE)
    • Polymath Network (POLY)
    • Populous (PPT)
    • Power Ledger (POWR)
    • Quantstamp (QSP)
    • Raider (RDN)
    • Request (REQ)
    • Ripio (RCN)
    • SingularDTV (SNGLS)
    • Status (SNT)
    • Stellar Lumens (XLM)
    • Storj (STORJ)
    • Storm (STORM)
    • TenX (PAY)
    • TrueUSD (TUSD)
    • USD Coin (USDC)
    • Viberate (VIB)
    • Wings (WINGS)
    • Gemini Dollar (GUSD)
    • Qtum (QTUM)
    • AdToken (ADT)
    • Amber (AMB)
    • Dai (DAI)
    • Dent (DENT)
    • Dentacoin (DCN)
    • Dragonchain (DRGN)
    • FirstBlood (1ST)
    • Iconomi (ICN)
    • Kin (KIN)
    • Kucoin (KCS)
    • MediShares (MDS)
    • Melonport (MLN)
    • Pillr (PLR)
    • Qash (QASH)
    • Revain (R)
    • Rivetz (RVT)
    • Salt (SALT)
    • Santiment (SAN)
    • TAAS (TAAS)
    • Tether (USDT)
    • Time New Bank (TNB)
    • Veritaseum (VERI)
    • Waltonchain (WTC)
    • Wax (WAX)
    • WeTrust (TRST)

    With the help of an in-wallet exchange, powered by ShapeShift, users can exchange one coin for another quickly and easily, without moving their funds to a traditional exchange.

    What fees does Exodus wallet have?

    Exodus wallet design allows users to calculate the fee for making transactions on a network automatically. As it supports multiple cryptocurrencies, the