Exodus vs Wasabi Wallet

Comparing: two wallets
Decided by: Editorial rating
Last reviewed: 2026-08-26

The best looking wallet on this list, from an NYSE listed company, with closed source apps and swap rates starting at 0.5%.

Wasabi Wallet3.6Bitcoin-onlyWarning

Still a working bitcoin wallet, but the coinjoin coordinator that made its name was switched off by zkSNACKs on June 1, 2024.

Verdict: Wasabi Wallet

Wasabi Wallet rates higher on our rubric: 3.6 against 2.8 for Exodus.

Criterion: Editorial rating
Exodus: 2.8
Wasabi Wallet: 3.6

Exodus and Wasabi Wallet, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Exodus and Wasabi Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Exodus	Wasabi Wallet
Editorial rating	2.8	3.6 (favoured on this row)
Status	Available	Caution: see the review
Made by	Exodus Movement, Inc.	zkSNACKs
Price	Free download	Free download
Who holds the keys	self-custodial, keys generated and encrypted on your own device	self-custodial, keys generated and stored on your own computer, never held by zkSNACKs
Bitcoin-only	No	Yes
Runs on	iOS, Android, Windows, macOS, Linux, Browser extension	Windows, macOS, Linux
Screen	Not stated	Not stated
Connectivity	Not stated	All traffic over Tor by default, compact block filters instead of a server that learns your addresses, and hardware signing through HWI for Trezor, Coldcard, Ledger, Blockstream Jade and BitBox02
Released	2015	2018; the download page serves version 2.8.1 for Windows, macOS and Linux
Countries on the maker's list	No published list	No published list
Last reviewed	2026-08-26	2026-08-25

Pros and cons, side by side

Exodus

What works

One recovery phrase carries the same wallet across desktop, mobile and a browser extension
Pairs with a Trezor or a Ledger, so it can be a friendly front end for keys held offline
Buying built in through XO Ramp with card, bank transfer, Apple Pay or Google Pay
Publicly listed on the NYSE as EXOD, so the company behind it files real financials
Device passkey locking, with no password to reuse or leak

What to watch

The wallet apps are closed source, so you cannot rebuild what you install and compare it to published code
In-app swap rates start at 0.5% and that cost is a spread inside the quote rather than a visible fee
Settled with OFAC for $3.1 million in December 2025 over 254 apparent violations of the Iran sanctions program, with staff found to have suggested VPN workarounds to users in Iran
A hot wallet unless you pair hardware, with keys on an internet connected machine
Bitcoin gets no special treatment in a wallet that advertises over a million assets

Wasabi Wallet

What works

Bitcoin only and open source under an MIT license, with a public repository that is still actively developed
Self-custodial: keys are generated and stored on your own computer, and zkSNACKs never held funds
Every connection runs over Tor by default, and compact block filters mean no server learns which addresses are yours
Hardware wallet signing through HWI for Trezor, Coldcard, Ledger, Blockstream Jade and BitBox02
Full coin control, transaction labeling and privacy suggestions that name who will learn about a payment
Coinjoin is still in the software: you add a third-party coordinator in place of the one zkSNACKs ran

What to watch

zkSNACKs switched off its coinjoin coordinator on June 1, 2024, so the feature Wasabi was known for no longer works out of the box
Choosing and vetting a third-party coordinator is now your problem, and each sets its own fees and terms
Desktop only: Wasabi's own site states it is not available on mobile
Trezor Suite coinjoin and BTCPay Server integrations that used the same coordinator broke on the same day
Silent payments are send-only: Wasabi cannot yet generate or receive to a silent payment address

Frequently asked questions

Is Exodus or Wasabi Wallet better?

Wasabi Wallet rates higher on our rubric: 3.6 against 2.8 for Exodus. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Are Exodus and Wasabi Wallet free?

Yes, both are free to download. What differs is who holds the keys: Exodus is self-custodial, keys generated and encrypted on your own device; Wasabi Wallet is self-custodial, keys generated and stored on your own computer, never held by zkSNACKs.

Is Exodus or Wasabi Wallet bitcoin-only?

Wasabi Wallet is bitcoin-only; Exodus supports other assets too. Bitcoin among the million-plus assets Exodus advertises, including Ethereum, Solana and stablecoins

Does Exodus or Wasabi Wallet carry a warning?

Wasabi Wallet: zkSNACKs announced on May 2, 2024, days after US prosecutors charged the founders of Samourai Wallet, that it would discontinue the coinjoin coordination service behind Wasabi's headline privacy feature, and switched it off on June 1, 2024. The wallet is still developed and still works as a self-custodial, bitcoin-only desktop wallet, and coinjoin remains in the software, but you now have to find and trust a third-party coordinator to use it.

The full reviews: Exodus and Wasabi Wallet, each with its sources, and every wallet we review.

More comparisons

Every other head-to-head Exodus or Wasabi Wallet appears in.