Exodus is a software crypto wallet developed and maintained by the Exodus Movement, publicly traded company in the US. It is arguably one of the most popular software wallets, and in our Exodus wallet review we will explain why. The name implies, Exodus wallet is a non-custodial application for managing one’s crypto funds and keys. Crypto wallets do not store the cryptocurrencies but rather the public and private keys with which transactions are signed. While this is what defines cryptocurrency wallets, Exodus and other apps are successful because they offer features to the users. Exodus Wallet is a multi-currency wallet, which means it can generate keys and addresses for hundreds of supported coins and tokens. To do so, though, it uses its own single seed phrase, because it is a hierarchical-deterministic wallet. Loss of this seed phrase would mean losing all portfolio, so store it securely and never share it with anyone.
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