What is Exodus wallet and how does it work?

Exodus wallet is a crypto wallet app for desktop computers and phones that lets people hold, send, receive and swap many coins in one place. It is a self-custody wallet. The keys that control the funds are generated on the user's device, and Exodus says it cannot reach them or the money they control.

Is the Exodus crypto wallet custodial?

No. In a custodial wallet, a company such as an exchange holds the keys for you. Exodus works the other way. It creates a 12-word secret key, also called a seed phrase, and stores it encrypted on the device where the app is installed.

That phrase generates every address and private key in the wallet. It is also the only way to restore the wallet if the device is lost, stolen or broken. Exodus does not keep a copy, so if the phrase is lost, the company cannot recover the wallet.

Because the keys sit on an internet-connected phone or computer, Exodus is a hot wallet. The trade-offs are covered in hot wallet vs cold wallet. Exodus also lets users connect Ledger and Trezor hardware wallets.

What network is Exodus wallet on?

Exodus is not tied to one blockchain. As of October 2026, it says it supports more than 50 networks, including Bitcoin, Ethereum, Base, Solana, Polygon and TRON, plus custom tokens on several of them.

Some tokens exist on several networks. For those, the app asks the user to pick a network when sending or receiving. Exodus warns that sending a token on a network it or the recipient does not support can lead to lost or missing funds. The sender and receiver have to use the same network.

Fees are paid in each network's main coin. Sending a token on Ethereum needs some ETH, on Solana some SOL and on TRON some TRX.

What are the Exodus wallet fees?

Exodus says it charges no fee of its own to send or receive crypto. Sending usually costs a network fee, all of which goes to the blockchain's miners or validators. Receiving is free.

Other actions cost more:

• Buying and selling through outside payment providers carries a processing fee plus a network fee.
• Swapping one coin for another inside the app sends the crypto to an outside exchange provider. The rate can include a spread, and a network fee applies. No account or identity check is needed for most swaps.

Exodus shows the fee or the amount to be received before the user confirms.

Which Exodus apps are still supported?

Exodus offers desktop and mobile apps. Its Web3 Wallet browser extension stopped being supported on October 1, 2026. Exodus told extension users to restore their wallets with their 12-word key in Exodus Mobile or another compatible wallet, and warned them to watch for fake sites and apps while doing so.