Cryptocurrency wallets like Trust Wallet and Exodus have gained popularity as essential tools for managing digital assets such as Bitcoin and Ethereum. While both offer robust features, they cater to different user needs. This comparison delves into their functionalities, security, and usability to help you choose the right wallet.
Key Takeaways
- Platform Availability: Exodus supports desktop and mobile, while Trust Wallet is mobile-only.
- Supported Assets: Trust Wallet supports 1M+ assets across 53 blockchains; Exodus supports 250+ assets.
- Fees: Exodus charges for in-wallet exchanges; Trust Wallet offers a no-KYC decentralized exchange (DEX).
- Security: Both wallets store private keys locally; Exodus adds hardware wallet compatibility.
- Backing: Trust Wallet is backed by Binance; Exodus operates independently.
- DeFi & NFTs: Trust Wallet supports more DeFi protocols and NFTs.
- Customer Support: Exodus offers live chat; Trust Wallet’s support response times vary.
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Feature Comparison
| Feature | Trust Wallet | Exodus |
|------------------|---------------------------------------|--------------------------------------|
| Launch Year | 2017 | 2015 |
| Assets | 1M+ assets, 53+ blockchains | 250+ assets, 3 blockchains |
| Security | Biometric auth, PIN, recovery phrase | 2FA, password, Ledger support |
| NFT Storage | Yes (ERC-721, ERC-1155) | Yes (limited formats) |
| Fees | Low (BEP-20 network) | High (ERC-20 gas fees) |
| DApp Browser | Yes (DEXs, NFT platforms) | Yes (DeFi/NFT platforms) |
| Staking | 100+ assets, high APY | 7 assets, up to 18% APY |
| Portfolio Tracker | No | Yes |
Trust Wallet Review
A mobile-first wallet acquired by Binance, Trust Wallet supports 4M+ assets and offers:
- Built-in DEX for swaps.
- Biometric security (Face ID/Touch ID).
- Staking rewards for 100+ cryptocurrencies.
Pros & Cons
| ✅ Pros | ❌ Cons |
|--------------------------|----------------------------------|
| User-friendly | No desktop version |
| Wide asset support | No hardware wallet integration |
| Strong security | Slow customer support |
Exodus Review
A desktop/mobile wallet with:
- Built-in exchange.
- Hardware wallet (Ledger) support.
- 24/7 customer service.
Pros & Cons
| ✅ Pros | ❌ Cons |
|--------------------------|----------------------------------|
| Intuitive UI | Limited asset support |
| Multi-currency | Not open-source |
| Live chat support | High fees for ERC-20 tokens |
Key Differences
- Supported Assets: Trust Wallet leads with cross-chain versatility.
- Security: Exodus supports Ledger; Trust Wallet leverages biometrics.
- NFTs: Trust Wallet supports more NFT standards.
- Staking: Trust Wallet offers broader staking options.
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Setup Guides
Trust Wallet
- Download the app (iOS/Android).
- Create a wallet + backup recovery phrase.
- Add desired assets and fund your wallet.
Exodus
- Download the desktop/mobile app.
- Generate a wallet + note the 12-word phrase.
- Transfer crypto to your Exodus address.
Conclusion
Choose Trust Wallet for extensive asset support and DeFi features, or Exodus for desktop usability and hardware security. Your decision hinges on whether mobility or multi-platform access matters more.
FAQs
Are both wallets open-source?
Yes, but Exodus’s code is partially closed.
Do they support multiple languages?
Trust Wallet (20+ languages) > Exodus (fewer options).
Are there fees?
Exodus charges for swaps; Trust Wallet uses network fees.
Can I store non-crypto assets?
No—crypto-only.
Desktop or mobile?
Exodus: desktop/mobile. Trust Wallet: mobile-only.