We recommend the best products through an independent review process, and advertisers do not influence our picks. We may receive compensation if you visit partners we recommend. Read our advertiser disclosure for more info. Exodus and Coinbase are cryptocurrency exchanges offering digital wallets, staking, and a variety of cryptocurrencies. Exodus was founded in 2015 with headquarters in Nebraska, and the U.S. Securities and Exchange Commission (SEC) approved its offering of Class A common stock in April 2021 (OTCBB: EXOD). Coinbase launched in 2012 and was previously headquartered in California. However, in 2020, it announced Coinbase would be a remote-first company and plans to close its San Francisco headquarters by 2022. It went public via a direct listing in April 2021 (Nasdaq: COIN). Coinbase is a centralized exchange, meaning it monitors transactions and secures assets on your behalf. In contrast, Exodus gives you options. It supports peer-to-peer (P2P) trading in the form of a decentralized exchange, but also connects you to a centralized exchange if you prefer to buy crypto there. The crypto platforms differ in their approach to fees and features. Coinbase remains an excellent choice for beginners or people wanting a traditional brokerage experience. On the other hand, Exodus offers more coins and control over assets. We reviewed both cryptocurrency exchanges by looking at supported currencies, platform features, fees, and security. We also assessed the mobile applications and each exchange overall for ease of use and accessibility. Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. Pros Total control over your crypto assets Integration with Trezor hardware Earn rewards for staking Cons No phone support Can’t withdraw to a fiat currency Less educational resources compared to Coinbase Pros Can buy crypto using USD or another fiat currency Several buying and selling transaction types Earn rewards for staking and learning about crypto Cons Higher fees than other centralized exchanges Advanced features require using Coinbase Pro Less control over assets that remain on the exchange Exodus vs. Coinbase Exodus vs. Coinbase At a Glance Features Currencies Security Price Ease of Use Mobile App Access Final Verdict Methodology Exodus now offers FTX integration, Exodus Bitcoin Lightning, and NFT integration. You can learn more about these product additions by reading ourfull Exodus review. Exodus and Coinbase have hot wallets, incorporated cryptocurrency exchanges, and support staking. However, the platforms offer different features that may sway users toward one exchange or the other. First, Exodus is primarily a distributed exchange, but does allow you to connect to a centralized one if you prefer that option. It doesn’t accept fiat currencies, such as USD cash deposits from a bank account. However, you can directly purchase crypto using fiat currencies in the app. The core function of Exodus, though, is users swapping crypto via peer-to-peer trading. Moreover, it’s app-based, meaning users must download a desktop or mobile app to use the exchange. This differs from Coinbase, where investors can trade via a web browser or a mobile app. Exodus offers several features for investors, including: Recent improvements from Exodus include integration with FTX, Exodus Bitcoin Lightening, and non-fungible tokens (NFTS). Coinbase is a centralized exchange accepting many fiat currencies for deposit and purchases, including USD, EUR, and GBP. Users can transfer funds via the Automated Clearing House Network (ACH), debit or credit card, wire transfer, or PayPal. Like Exodus, Coinbase supports peer-to-peer trading. Coinbase also offers: Exodus supports over 235 cryptocurrencies, whereas Coinbase offers over 215. Both platforms give access to well-known coins, such as: Additionally, each exchange supports stablecoins, like Tether (USDT) and USD Coin (USDC). But, Exodus also offers Gemini dollar (GUSD), TrueUSD (TUSD), and Paxos (USDP). If you’re looking for specific coins, you’ll find a few offered on each platform that aren't found on the other. For instance, Exodus supports Binance Coin (BNB), PAX Gold (PAXG), adToken (ADT), and Ripple (XRP). Meanwhile, Coinbase offers BarnBridge (BOND), and SKALE (SKL). Again, Exodus doesn’t support fiat currency deposits, but you can buy crypto using fiat currency in the app. Whereas Coinbase supports many major fiat currencies for holding and purchasing. Exodus doesn’t support crypto to fiat withdrawals, and they suggest Coinbase as one alternative to convert and withdraw your funds. Both Exodus and Coinbase are very secure. However, differences exist due to the nature of their exchanges and wallets. Coinbase users must sign up for an account and complete a verification process. Coinbase keeps insurance on funds in hot storage, stores 98% offline in cold storage, and the Federal Deposit Insurance Corporation (FDIC) insures USD funds. Furthermore, Coinbase is the custodian of your web wallet, meaning they hold your private keys. If you opt for the standalone wallet, you are the custodian, and the private keys reside on your device. In contrast, Exodus provides a crypto-to-crypto platform for P2P trades. Users maintain full control over their funds. You have a lot responsibility to ensure your computer or mobile device, hot wallet, and cold wallet are secure. The Exodus wallet is a non-custodial wallet where users retain ownership of their private keys. Exodus of course takes measures to insure the platform is secure against hackers and cyber attacks. However, users must adopt safe practices to protect their wallet and private keys. Coinbase is entirely closed source so people cannot check the code for vulnerabilities. Exodus uses some open source pieces, but is largely closed source as well. While anyone can store funds in a hardware wallet, the Exodus-Trezor partnership makes it easier to do so on Exodus, giving Exodus an edge for security and privacy. As a decentralized exchange, Exodus doesn’t charge any fees for sending or receiving crypto. Nor does it retain any fees associated with the withdrawal of funds. Transaction fees on Exodus go to the network (to the people who mine the crypto). Therefore, more crowded and busier networks can charge higher fees. The transaction amount also depends on the number of previously recorded deposits. In addition, you’ll pay a spread on transactions. Once you initiate a transaction, the network fee will be listed at the bottom of the app before you click “Send.” Coinbase doesn't publish many of their fees online. They say that fees will be calculated and shown at the time of transaction. Fees for purchasing crypto as well as using different payment and funding methods will apply. The one fee schedule they do post is their maker-taker fees for trades on the exchange. Those can be as high as 0.60%. Coinbase is known as an “on-ramp” for new investors, offering a user-friendly platform accessible via a web browser or mobile app. Traders can exchange various fiat funds using several different methods then buy or sell on the exchange. Exodus isn’t available through a web browser. To get started, users must download the desktop or mobile app and create a software wallet. Although Exodus is easy to use, complete crypto beginners or those who aren’t comfortable with technology will face a slight learning curve.It is definitely more complicated to use than Coinbase. Both Coinbase and Exodus offer mobile apps. However, Coinbase also functions on a web browser, whereas Exodus users must download a desktop or mobile app to access the service. Their apps and wallets work on Android and iOS devices. Plus, the Exodus desktop app works on Linux, Windows, and Mac computers. The mobile apps from both companies are user-friendly, allowing investors to use the exchanges to make P2P trades or on the Coinbase app to buy and sell. But, the Exodus apps also integrate with Trezor hardware wallets, giving users additional control over their crypto assets. Exodus can be used worldwide although some governments or countries may restrict, block, or regulate it. On the other hand, Coinbase supports users in more than 100 countries, including all U.S. states, except for Hawaii. Exodus is a cryptocurrency wallet with an incorporated, decentralized cryptocurrency exchange and offers the ability to connect to a centralized one as well. It offers over 235 cryptocurrencies for storage and crypto-to-crypto, peer-to-peer swaps. Users have total control over their assets and private keys. In comparison, Coinbase is a centralized cryptocurrency brokerage. It supports over 215 cryptocurrencies and many fiat currencies as well. Coinbase users hold funds using hot wallet software, and Coinbase is the custodian. But, Coinbase investors can transfer funds to the standalone Coinbase wallet for additional control. Although Exodus is worth checking out and potentially using, investors generally must already have cryptocurrency to use Exodus. Although, they are now offering a direct purchase option. Ultimately, it’s about your comfort level with peer-to-peer trading on decentralized exchanges versus the convenience yet less control on a centralized exchange.Additionally, Coinbase is a bit more user friendly overall and offers superior educational opportunities for beginners. Exodus is a multi-currency wallet with a built-in decentralized exchange, whereas Coinbase is a centralized exchange offering a web wallet and a standalone wallet. Both support peer-to-peer crypto trading. The difference is that Coinbase is a cryptocurrency brokerage, so they vet users, require customer accounts, and are typically more selective about the cryptocurrencies offered. In contrast, Exodus doesn’t hold any investor assets. Instead, traders use the platform to swap cryptocurrencies from their Exodus hot wallet, Trezor Model T, or Trezor One device. This gives users more control over their cryptocurrencies, including the responsibility for security that comes with it. Both Exodus and Coinbase let users purchase cryptocurrencies. Coinbase serves as a brokerage and offers advanced trading options, such as margin trading, on the Coinbase Pro platform. As a broker, Coinbase oversees transactions and charges fees to earn money. To use the exchange, users must create an account and go through an extensive verification process. In contrast, Exodus is a distributed exchange, and Exodus provides the platform for users to initiate buy and sell transactions. Exodus earns money via a portion of the spread, but 100% of the transaction fees go to network miners. Exodus doesn’t require anyone to sign up. Instead, users download the app, secure their wallets, and use their crypto to begin trading. The Exodus Wallet is safer than the Coinbase web wallet because the user holds their private keys and maintains complete control over their assets. On the other hand, Coinbase’s wallet is a custodial wallet, and they manage your private keys. If Coinbase is hacked, your funds may be affected, whereas if Exodus is hacked, your wallet isn’t impacted. However, it’s important to note that Coinbase also offers a standalone Coinbase Wallet. It’s a non-custodial wallet, giving you control over your assets and provides extra protection against a hack on the Coinbase site. In most cases, beginners will prefer the simplicity of a centralized platform, such as Coinbase. Once they purchase cryptocurrencies and learn how it works, then they may want to try a decentralized exchange, like Exodus. Active traders may also prefer Coinbase or Coinbase Pro because the network fees on Exodus may increase when investors make numerous transactions for the same currencies.Furthermore, Coinbase Pro offers charting and other features more suited to active traders. If security and privacy are your top priorities, Exodus may be a better fit. Its partnership with Trezor and distributed exchange give users more control over their assets. We evaluated each platform based on general and unique features, such as rewards and staking. We also considered which currencies, stablecoins, and fiat were supported while reviewing the process of trading on the exchange. Since Exodus and Coinbase fee structures are difficult to compare, we explored the total cost of trading on each platform and how prices may vary by use case. Lastly, we examined security measures, ease of use, and accessibility to see how the platforms differed. Article Sources Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Exodus. "Earn Crypto Rewards." Exodus. "Compound Finance." Coinbase. "Coinbase Earn." Related ArticlesExodus
Desktop: Windows, Mac, and LinuxCoinbase
Desktop: None At a Glance
Exodus Coinbase Fees Variable spread and network fees Maker-taker exchange fees as high as 0.60% plus other fees calculated at transaction times Currencies 235+ 215+ Security Users are responsible for safely storing their crypto, as Exodus doesn’t hold funds or require personal information for accounts. Exodus takes many measures to secure the platform too. FDIC-insured USD balances up to $250,000, two-step verification, cold storage, bug bounty program, and insurance against theft Wallet Hot software wallet and integrates with Trezor Model T and Trezor One Web-based hot wallet software and optional Coinbase hot wallet Transactions Supported P2P crypto-to-crypto trades, buy crypto, connect to exchanges Buy, sell, withdraw, send, and receive Max. Trading Amount Unlimited Limits vary based on your payment method, account level, and region Apps Mobile: Android and iOS Desktop: Windows, Mac, and Linux Mobile: Android and iOS Desktop: None New and Notable
Exodus vs. Coinbase: Features
New and Notable
Exodus vs. Coinbase: Currencies
Exodus vs. Coinbase: Security
Exodus vs. Coinbase: Fees
Exodus vs. Coinbase: Ease of Use
Exodus vs. Coinbase: Mobile App
Exodus vs. Coinbase: Access
Final Verdict
What Are Exodus and Coinbase?
How Do Exodus and Coinbase Work?
Is the Exodus Wallet Safer Than Coinbase?
Who Should Use Exodus vs. Coinbase?
Methodology
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FAQs
Should I use Coinbase or Exodus? ›
The Exodus Wallet is safer than the Coinbase web wallet because the user holds their private keys and maintains complete control over their assets. On the other hand, Coinbase's wallet is a custodial wallet, and they manage your private keys.
Which wallet is better than Exodus? ›We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Exodus, including Coinbase Wallet, Trust Wallet, MyEtherWallet, and Jaxx.
Why are Exodus fees so high? ›Popular networks are crowded and thus more expensive. Bitcoin and Ethereum are both popular networks, and they have the highest fees of any assets supported by Exodus. Another reason blockchain networks charge fees are to make it harder for someone to flood the network with junk transactions.
What is a better option than Coinbase? ›With Coinbase being an institutional platform, some alternatives to Coinbase in that regard are Bitstamp, Kraken, eToro, Gemini, and Binance. Kraken charges much lower fees than Coinbase and is more secure, hence much better than Coinbase.
Has Exodus wallet been hacked? ›Exodus Frequently Asked Questions. Has Exodus Wallet Ever Been Hacked? Exodus Wallet, as a company, has never been hacked, and because they store none of your keys, or asset information. Your assets are stored on the blockchain, not with Exodus.
Does Exodus wallet report to IRS? ›Exodus does not collect customer information to provide a tax report and doesn't issue 1099s to users or the IRS. Exodus provides a transaction history file you can upload to CoinTracker to manage your crypto portfolio and get tax statements.
Which is the most trusted e wallet? ›- The Best Digital Wallets of 2021.
- Cash App.
- Google Wallet.
- Android Pay.
- Samsung Pay.
- PayPal.
- Venmo.
- Alipay.
- Coinbase Wallet - Best for Beginners.
- MetaMask - Best for Ethereum.
- TrustWallet - Best for Mobile.
- Ledger Nano S Plus - Best Crypto Hardware Wallet.
- Electrum - Best Desktop Bitcoin Wallet.
- BlueWallet - Best Mobile Bitcoin Wallet.
- Exodus - Best for Desktop.
Is the Exodus Wallet Trustworthy? Yes, Exodus is one of the most well-established, reputable, and secure crypto wallets available. The team behind Exodus are completely public and the company itself went public in 2021.
How do I get my money out of Exodus? ›Open your Exodus Web3 Wallet and a) click on the Wallet icon, then b) click Send. From the list of tokens, click on the asset that you want to send.
Can exodus freeze your funds? ›
Exodus has no access to your funds, which means that only you can access your funds. It is not possible for Exodus to freeze, take control of, or do anything else with any assets held in Exodus portfolios.
Can I transfer from Coinbase to exodus? ›From there, tap the receive icon on the right to receive Bitcoin from the Coinbase app. This will show you your Exodus mobile Bitcoin wallet address. Tap your address to copy it to your clipboard. Now go back to the Coinbase app to send Bitcoin from Coinbase mobile to your Exodus mobile Bitcoin wallet.
Who is Coinbase's biggest competitor? ›- Binance. (145)3.9 out of 5.
- UPHOLD. (82)4.2 out of 5.
- LocalBitcoins. (31)4.1 out of 5.
- Kucoin. (30)2.8 out of 5.
- NiceHash. (27)4.1 out of 5.
- Kraken. (19)4.0 out of 5.
- Bittrex. (22)3.5 out of 5.
- HitBTC. (25)2.7 out of 5.
Coinbase features a top platform for anyone to buy, sell, store, and exchange cryptocurrency. It's particularly good for beginners to cryptocurrency who want a simple buying and selling experience without worrying about the complexities of external wallets and decentralized exchanges.
Who is bigger than Coinbase? ›Binance and Coinbase both offer access to the top cryptocurrencies on the market, but Binance supports more than 10 times the amount of currencies that Coinbase does.
How legit is Exodus? ›Exodus, our top choice for beginners, is an ideal choice for beginners. Its user-friendly features, high security, and cross-platform support make it an excellent wallet for those just starting their crypto journey. Plus, it offers quick chat services should users have doubts or face any issues.
Is Exodus a hot or cold wallet? ›Exodus is a hot wallet that keeps the keys to your cryptocurrencies within your control on an internet-connected device.
How safe is Staking on Exodus? ›Staking your ADA tokens is done in a non-custodial way in Exodus. That means that it is as safe as simply holding them in your wallet. You keep full control over your tokens while they are staked and you're even free to use your funds and move them around while they are staked.
Can the IRS see my crypto wallet? ›Is Bitcoin traceable by the IRS? Yes, Bitcoin is traceable. Here's what you need to know: Blockchain transactions are recorded on a public, distributed ledger.
Why does the IRS ask if I bought cryptocurrency? ›The IRS considers cryptocurrency holdings to be “property” for tax purposes, which means your virtual currency is taxed in the same way as any other assets you own, like stocks or gold.
Can the IRS track Coinbase wallet? ›
Yes, Coinbase reports to the IRS. It sends Forms 1099-MISC to the IRS for U.S. traders who made more than $600 in crypto rewards or staking. $600 is the Coinbase IRS reporting threshold for tax year 2022.
What is the safest most secure crypto wallet? ›- Top Pick. ZenGo. ...
- #1 Top Pick. ZenGo. ...
- #2 Top Pick. Ledger Nano X. ...
- #3 Top Pick. Binance. ...
- #4 Top Pick. Trezor Model T. ...
- #5 Top Pick. Coinbase. ...
- #6 Top Pick. Crypto.com. ...
- #7 Top Pick. Pionex.
1. Google Wallet: It is simple to send and receive money from and to friends and family members using Google Wallet. Money may be placed into your bank account without having to go through an intermediary.
What wallet app should I use? ›The best digital wallets
Apple Pay, for example, is the go-to for iPhone users, while Google Pay is for anyone with an Android. Others prefer PayPal, which is accepted internationally. There's also Cash App and Venmo, the latter of which requires a valid US phone number.
- Best Overall: Ledger Nano X.
- Best for Security: Trezor Model T.
- Best for Beginners: Exodus.
- Best for Advanced Bitcoin Users: Electrum.
- Best for Mobile Users: Mycelium.
...
List of Top Cryptocurrency Apps
- Uphold.
- Pionex.
- Bitstamp.
- NAGA.
- Gemini.
- Crypto.com.
- Binance.
- Bybit.
If you want to buy and sell your crypto, Coinbase will be the best choice. Why use Coinbase Wallet? If you're looking for a secure wallet for your digital assets, Coinbase Wallet will be your best bet.
Can you sell crypto on Exodus? ›You can sell your crypto using MoonPay in Exodus Web3 Wallet and Mobile! Your Exodus wallet connects to MoonPay so that you can sell crypto quickly and easily. Currently, selling crypto through MoonPay is available throughout most of the US, Europe, and the UK. Sales can be made in USD, EUR, or GBP.
Should I keep all my crypto in one wallet? ›The main risk to holding all your crypto assets in one wallet is that if you got phished and hacked, you would lose all your funds, whereas if you have them spread out, only that one wallet would be vulnerable.
What happens if I delete Exodus wallet? ›Why would I want to delete my wallet? Warning: If you delete your wallet, all your crypto and transaction history will be permanently deleted from your device. You will only be able to recover your funds with your 12-word secret recovery phrase. If you delete your wallet and your funds, you do so at your own risk.
Can exodus see my private keys? ›
Exodus makes it easy so that you never have to worry about your private keys and can manage your funds using one 12-word phrase. Since your 12-word secret recovery phrase is your “master” private key, it gives access to all your private keys and their addresses with your funds.
Can exodus hold Dogecoin? ›Exodus supports a wide range of different types of cryptocurrency. Exodus supports over 160 coins. Some of the most well-known currencies on Exodus include Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), Ethereum (ETH), Tether (USDT), and Shiba Inu (SHIB), to name a few.
How does Exodus make money? ›Exodus generates revenue through relationships with exchange and other third-party API providers who offer services within the Exodus wallet. Exodus receives a small percentage of the exchange spread from third-party exchange API providers.
Why was Coinbase fired? ›Coinbase is laying off 950 employees, or 20% of its staff, after admitting it grew too quickly during the crypto bull market. Along with cost-cutting measures such as shutting down projects, the crypto exchange says the cuts will drop operating expenses by 25% for the quarter ending in March.
Has anyone made money from Coinbase? ›To put it simply: Yes, Coinbase Earn is a legit way of making some extra bucks.
What is the most popular crypto platform? ›Coinbase is by far the most popular and one of the best cryptocurrency exchanges because you can invest directly with USD. You can currently purchase Bitcoin, Ethereum, and Litecoin and 30+ other coins and tokens on the platform.
What are the cons of Coinbase? ›There are a few areas where Coinbase's fees are expensive. Simple trades have high fees, especially for smaller transactions (below $200). Advanced trades are much cheaper, so you can at least save money using that option.
Which account is best for Cryptocurrency trading? ›- Best for Low Fees and Best for Experienced Traders: Kraken.
- Best for Beginners: Coinbase.
- Best Mobile App: Crypto.com.
- Best for Security: Gemini.
- Best for Altcoins: BitMart Exchange.
- Best for Bitcoin: Cash App.
- Best Decentralized Exchange: Bisq.
Are there fees or minimums? The fee is 1.5% of the transaction amount for anything up to $10K. Anything over $10K is a flat fee of $150. The minimum cash out amount must be greater than the fee of $1.00.
Who is Coinbase rival? ›See how Coinbase compares to similar products. Coinbase's top competitors include Voyager Digital, Slingshot, and eToro.
Is Coinbase owned by China? ›
Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters.
What is the most stable crypto on Coinbase? ›- Tether (USDT) So named because it “tethers” itself to the value of the USD, Tether is the most well-known stablecoin in the crypto world. ...
- USD Coin (USDC) ...
- Binance USD (BUSD) ...
- True USD (TUSD) ...
- Origin Dollar (OUSD) ...
- Paxos Standard (PAX)
From there, tap the receive icon on the right to receive Bitcoin from the Coinbase app. This will show you your Exodus mobile Bitcoin wallet address. Tap your address to copy it to your clipboard. Now go back to the Coinbase app to send Bitcoin from Coinbase mobile to your Exodus mobile Bitcoin wallet.
Which crypto wallet is best? ›- Coinbase Wallet - Best for Beginners.
- MetaMask - Best for Ethereum.
- TrustWallet - Best for Mobile.
- Ledger Nano S Plus - Best Crypto Hardware Wallet.
- Electrum - Best Desktop Bitcoin Wallet.
- BlueWallet - Best Mobile Bitcoin Wallet.
- Exodus - Best for Desktop.
Exodus, our top choice for beginners, is an ideal choice for beginners. Its user-friendly features, high security, and cross-platform support make it an excellent wallet for those just starting their crypto journey.
What is the safest crypto exchange? ›Best for Beginners Coinbase
Coinbase is our pick for best crypto exchange for beginners because it offers a large number of supported cryptocurrencies, strong security, and advanced trading capabilities, all on an easy-to-use platform.
JP RichardsonCo-Founder & CEOCoding the technical magic behind the scenes, JP has published over 200 open source libraries and has written code in use by most Bitcoin and cryptocurrency software on the web. Daniel CastagnoliCo-Founder & PresidentFrom subtle sounds to smooth animations Daniel takes care of each detail.
How secure is Exodus wallet? ›Exodus, being a software wallet, is only as secure as the device it's installed on and your security practices, and that's what we are addressing in this article. But still, even after Tier 4, you'll only be 99.9% protected, because no device can ever reach 100%.
What is #1 crypto wallet? ›1) ZenGo – Most Secure Non-custodial Wallet
ZenGo is the most secure non-custodial wallet in Web3 by removing the private key vulnerability, making it the simplest yet most secure wallet to invest in cryptocurrency.
- Best Hardware Wallet for Security: Trezor.
- Best Hardware Wallet for Durability: Ledger Nano X.
- Best for Advanced Bitcoin Users: Electrum.
- Best for Desktop: Guarda.
- Best for Beginners: Exodus.
- Best for Mobile: Mycelium.
Does it matter which wallet you use for crypto? ›
Non-custodial wallets are the type of storage option preferred by many crypto enthusiasts because they place you in control of your own private data. Unlike when you keep assets on a cryptocurrency exchange, with a non-custodial wallet, you don't have to trust a third party to secure your private keys.