Non-custodial software wallet review
Exodus
Reviewed for custody, security, supported assets, cost, audit history, backup model, and open-source status.
3.8 C IC wallet score
CustodyNon-custodial
TypeNon-custodial software
Supported assetsNot verified
PriceFree
Open sourceNo
Last verified2026-04-15
Security And Backup
12-word Secret Recovery Phrase (BIP39)
Pros
- Polished desktop and mobile UI; lowest learning curve
- Built-in swaps across 50+ assets
- Optional Trezor hardware integration for cold storage
Cons
- Closed-source application code
- In-app swaps include a markup (transparent in fee preview)
- Hot wallet by default — must pair with a Trezor for offline keys
Score Breakdown
Security 3.4 Key isolation, audits, recovery
UX 4.7 Setup, daily use, recovery flow
Asset coverage 4.4 Chains and tokens supported
Cost 5.0 Device price + on-chain fees added
Open source 1.5 Source available + audited
Audits
- Public Trezor hardware-wallet integration audits