Binance vs Exodus: Price, Security & Features (2024)

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Compare Binance vs Exodus & find out which is the safest option for storing your crypto. Check the expert-gathered crypto wallet data side by side and make an informed decision.

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Binance vs Exodus - Crypto Wallet Comparison Overview

After performing an in-depth analysis of Binance vs Exodus crypto wallets & their features, we have grouped the represented data into 9 different sections to help you process the information easier & quicker. If you want to get a brief understanding of Binance vs Exodus comparison results, take a glance at the short table below.

By comparing Binance vs Exodus overall scores, we clearly see that Binance has the higher overall score of 9.4. Exodus, on the other hand, has scored 7.8 final points.

To help you quickly decide which crypto wallet is the best, we have also compared Binance vs Exodus with the top-rated & most popular crypto wallet brand - Ledger Nano X. According to our analysis, Ledger Nano X has the highest overall score out of all crypto wallet brands & is considered to be one of the most trusted wallets out there with the overall score of 9.8. For a more detailed Binance vs Exodus analysis, take a look at the in-depth comparison chart below.

Compare Other Crypto Wallets

Main score based on expert evaluations & real user reviews.

Whether the crypto wallet is hardware, software, desktop or paper type.

For which purpose or for what kind of people is the cryptocurrency wallet best for.

Final crypto wallet evaluation conclusion based on research, expert opinions & user feedback.

	LEDGER NANO X	BINANCE	EXODUS
Overall Score	9.8	9.4	7.8
Wallet Type	Hardware	Exchange Wallet	Software
Best For	Best for Safely Storing, Sending, and Receiving Different Cryptocurrencies	Best for Storing Cryptocurrencies	Best for Small Purchases and Day to Day Spending
Verdict	One of the best hardware cryptocurrency wallets ever made.	One of the best exchange-wallets on the market.	A very beginner-friendly cryptocurrency wallet.
	Visit site Read review	Visit site Read review	See TOP10 Brands Read review

Binance vs Exodus Crypto Wallet Comparison Data

Compare Binance vs Exodus side by side by checking this comprehensive cryptocurrency wallet comparison data chart. Measure the most important wallet metrics against each other & see who wins as the better crypto wallet!

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The main advantages of a certain cryptocurrency wallet.

The main disadvantages of a certain cryptocurrency wallet.

Score that represents the ratio of the quality & advantages you get for a certain price.

How easy & intuitive it is to use a certain crypto wallet.

Most popular hand-picked deals & coupons.

Overall level of security & safety of your assests offered by a certain crypto wallet.

Whether the crypto wallet requires two-factor authentication as an extra layer of security when completing an action.

Whether the crypto wallet requires multiple keys to authorize a transaction as an extra layer of security.

Whether the crypto wallet requires a Pin code as an extra layer of security when completing an action.

The general anonimity level of your data.

What kind of methods of recovering your cryptocurrency assets in case you lose your wallet or forget your primary password does the wallet offer.

Who owns your private keys.

The level of control you have on the crypto wallet.

Amount of cyprotcurrencies that are supported in a certain cryptocurrency wallet.

Amount of tokens that are supported in a certain cryptocurrency wallet.

Whether or not the crypto wallet supports the Ethereum token.

Whether or not the cryptocurrency wallet is compatible with other wallets & which.

Whether or not the crypto wallet supports the original BTC addresses that start with "1".

Whether or not the crypto wallet supports newer BTC addresses that came to be due to a soft fork. These addresses start with "3".

Whether or not the crypto wallet supports these specific types of BTC SegWit addresses. These wallet addresses start with "bc1".

Wallet Software

What kind of actions you can carry out via certain cryptocurrency wallet

Whether or not the users can control the transaction fees according to their personal needs.

What kind of additional features does each cyrpto wallet offer.

Is the crypto wallet open source or closed source.

How helpful and responsive is each cryptocurrency wallet's customer support.

What kind of connectivity methods are used for each wallet's management.

Through which mediums can you manage & control your crypto wallet.

Whether or not (and for how long) the crypto wallet offers a time period in which you can return the wallet free of cost.

The lowest cost of each brand's product. These are regular prices without discounts.

What kind of additional fees you may have to pay for extra services.

Whether or not the cryptocurrency wallet accepts payments via bank wire transfer.

Whether or not the cryptocurrency wallet accepts payments via debit or credit card.

Whether or not the cryptocurrency wallet accepts payments via PayPal.

Whether or not the cryptocurrency wallet accepts cryptocurrency payments.

Full legal business name of the cryptocurrency wallet.

The location where the cryptocurrency wallet company is based.

The year when the crypto wallet was established.

	LEDGER NANO X	BINANCE	EXODUS
Pros	Can be managed from mobile device Very secure Supports more than 1500 cryptocurrencies Comfortable design	Multiple cryptocurrency support Very secure SegWit and Bech32 address support Built-in exchange functionality One of the most trustworthy names in the crypto world	Easy to use Has customer support Multiple cryptocurrency choices A software-based wallet Built-in exchange features
Cons	Relatively expensive	Mediocre customer support Not ideal for beginners	Prone to security issues The fees can reportedly be quite high
Value For Money
Ease of Use
Latest Coupons	GET DEAL All Ledger Nano X Coupons	See All Coupons of Best Wallets	See All Coupons of Best Wallets
Security
Security Level	\| \| \| \| \| Very Poor Average Excellent	\| \| \| \| \| Very Poor Average Excellent	\| \| \| \| \| Very Poor Average Excellent
2FA Two-factor Authentification
Multi-signature
Pin Code
Anonimity Level	\| \| \| \| \| Very Poor Average Excellent	\| \| \| \| \| Very Poor Average Excellent	\| \| \| \| \| Very Poor Average Excellent
Backup Type	24-word Recovery Phrase or Nano S Plus	Seed Phrase	12-word Seed Phrase
Private Key Owner	You	Wallet	You
Full Wallet Control	\| \| \| \| \| No Partial Yes	\| \| \| \| \| No Partial Yes	\| \| \| \| \| No Partial Yes
Supported Crypto
Number of Supported Crypto	1100+ See Full List	200+ See Full List	8 See Full List
Number of Supported Tokens	5500+ See Full List	1500+ See Full List	1500+ See Full List
ERC20 Support
Compatibility With Wallets/Exchanges	MyCelium, Exodus + 48 more	Trust Wallet	Ledger, Trezor
Legacy Addresses
SegWit
Bech32
Software Features
Wallet Software	Android App iOS App Windows Software MacOS Software Linux	Windows Software MacOS Software Android App iOS App Linux	Android App iOs App Windows Software MacOS Software
Software Functions	Receive Send Store	Deposit Trade Withdraw Swap	Send Receive Exchange
Transaction Fee Control
Extra Features	Password Manager	Exchange features NFT minting Yield farming	Exodus Crypto Apps
Transparency	Open-Source	Open-Source	Open-Source
Customer Support	\| \| \| \| \| Very Poor Average Excellent	\| \| \| \| \| Very Poor Average Excellent	\| \| \| \| \| Very Poor Average Excellent
Connectivity
Wallet Connectivity	Bluetooth USB Wifi	Wifi	Wifi
Wallet Control	Mobile Dekstop	Dekstop Mobile	Dekstop Mobile
Pricing
Money Back Guarantee	14 days	N/A	N/A
Base Price	149 EUR	0 USD	0 USD
Service Fees	N/A	Fees starting at 0.6 percent; Fees of 0.5 percent for instant buys; Debit card fees of 3.75 percent	-
Payment Methods
Wire Transfer
Credit/Debit Card
PayPal
Cryptocurrency
Company’s info
Full Company Name	The Ledger Company	Binance	Exodus
Based in	Paris, France	Malta	Midwestern , US
Year of Origin	2014	2017	2015
Check Official Website	Visit site Read review	Visit site Read review	See TOP10 Brands Read review

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Binance vs Exodus Technical Comparison Results

The Value for Money score is one of the most important factors you should consider, as it can tell you whether the crypto wallet comes with the best quality and price ratio, or if the brand lacks in one of these aspects. While comparing Binance vs Exodus, we can see that Binance has a higher Value for Money score compared to Exodus.

Another highly important aspect is the Security Level - it can tell you how safe your crypto assets will be if stored in a certain wallet. After doing Binance vs Exodus comparison, it’s evident that Binance has somewhat better security features than Exodus. The Number of Supported Crypto section can tell you just how many & which cryptocurrencies you can conveniently hold in a single cryptocurrency wallet at the same time. After comparing Binance vs Exodus, it’s clear that Exodus has the higher number of supported crypto with 8 cryptocurrencies available, while Binance supports 200+ different cryptocurrencies.

It’s also really important to evaluate a wallet's customer support, as you might have some important questions or even issues that will need to be resolved right away. According to our Binance vs Exodus comparison research & gathered data, the better customer support is presented by Binance, which offers fast & sincere help when their customers need it.

Keep in mind that here, we are only comparing Binance vs Exodus, but that doesn’t mean that these brands are the best in the game. Even though Ledger Nano X wins this comparison, if put against all the cryptocurrency wallet brands, Binance is the clear winner. That’s why, in the comparison charts, you can see how Binance compares against your chosen brands. It’s evident that Binance offers features that are above the industry standards, and is the top-rated & most popular crypto wallet on the market today.

LEDGER NANO X

TREZOR MODEL T

9.8

8.2

Compare

LEDGER NANO X

LEDGER

9.8

9.1

Compare

LEDGER NANO X

TREZOR

9.8

8.1

Compare

The Process Behind Binance vs Exodus Comparison

1. We Gather

To make this Binance vs Exodus comparison as accurate and fact-based as possible, we collect all the data from verified sources only. We gather opinions & real-life experiences from real users, as well as measure and test out various aspects ourselves.

2. We Measure

To make sense of the gathered Binance vs Exodus comparison data, our experts analyze & aggregate it using data structuring methods. Whether it’s security aspects or software features, the information is filtered out to remove any untruthful or biased claims.

3. We Score

To make the gathered & measured data more understandable and useful, each aspect is evaluated with a clear score, scale, or a short verdict. In this Binance vs Exodus comparison, our goal is to help you choose the best just by glancing at the charts.

4. You Pick

Our goal is to provide you with the clearest, factual & useful data out there. After we compare Binance vs Exodus head-to-head, it’s up to you to decide which cryptocurrency wallet is the best for your needs. Take your time & choose wisely!

FAQ

Which aspects are the most significant while comparing Binance vs Exodus cryptocurrency wallets?

The first aspect you should give your attention to is the wallet type, as it reveals a lot about the product and its security. Usually, hardware wallets are the most popular for their high level of safety. Another important aspect is the number of supported coins, as some wallets may not be able to hold the cryptocurrency you possess. You should also consider the helpfulness of a brand’s customer support & read some general feedback of other customers on how their issues were resolved. And, of course, price & payment methods are important as well, but in the world of crypto wallets, “free” often means a lower security level, so do not shy away from spending a little bit more for the safety of your crypto!

How should I know which crypto wallet is the best for me?

First, you need to consider your experience & knowledge level - decide whether you are a beginner, or an advanced user. Are you looking for a free wallet only, or are you willing to spend a little bit more for the sake of security and extra features? You should also consider how many & which coins you want to hold in one wallet. Our crypto wallet comparisons can help you answer all these questions.

What is the best cryptocurrency wallet type?

While wallets are highly preference-dependent, the most secure options are still going to remain paper and hardware wallets. The two types of cryptocurrency storage are going to allow you to retain the utmost security of your crypto coins - much better than, say, keeping them in an online exchange.

What types of cryptocurrency wallets are there?

In total, there are four big types of cryptocurrency wallets - online, hardware, software (app), and paper ones. Each of these types of wallets have their own features, benefits, and shortcomings, and are thus going to be suitable for different types of people, too. Security-wise, paper wallets are seen as the best alternative, while convenience-wise, software and online ones should be your go-to options.

Are hardware wallets worth investing in?

It depends, but in most cases - yes. If you’re just starting out with cryptocurrency trading and investing, a hardware wallet might be a bit of an overkill - it is generally considered that hardware wallets should be purchased once you have a significant amount of crypto, and want to keep it safe. If you’re an active trader, that can also dissuade the matter even further - trading-wise, software and online wallets are much more convenient.

What are “hot” and “cold” wallets?

Hot wallets are those crypto storage pieces of software that maintain a constant connection to the internet. As opposed to that, cold wallets are hardware devices that store your cryptos offline. Safety-wise, cold wallets are considered the best option - since they are always offline, you don’t need to worry about some sort of a hacker stealing all of your cryptocurrency assets.

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Binance vs Exodus: Price, Security & Features (2024)

FAQs

Is Exodus safer than Binance? ›

Binance vs Exodus - Crypto Wallet Comparison Overview

By comparing Binance vs Exodus overall scores, we clearly see that Binance has the higher overall score of 9.4. Exodus, on the other hand, has scored 7.1 final points. One of the best hardware cryptocurrency wallets ever made.

Read On ›

Does Binance have good security? ›

Is Binance Exchange Safe? Binance is often considered one of the safest exchanges in the world if you consider the level of security. If the exchange crashed or a hacker stole assets or funds, the SAFU reimburses its users from the $1 billion fund. Not every platform has an insurance fund in place.

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Can you trust Exodus? ›

Exodus is an excellent crypto wallet for new users and those who just want a central location to manage their tokens across many different blockchains. The wide range of blockchain support, fiat on-ramp, and in-app swaps all in one spot make Exodus a strong contender as a web3 wallet of choice.

Is it safe to leave crypto on Binance? ›

Binance Wallet (Trust Wallet) is safe to store cryptocurrencies.

See Details ›

What is the most secure crypto wallet? ›

Hardware wallets like Ledger and Trezor are great options for investors looking for secure storage! In most cases, you'll pay relevant blockchain gas fees on trades and transactions.

Find Out More ›

What is the safest crypto trading platform? ›

If you are looking to trade on a highly secure, regulated crypto exchange that offers a large number of supported cryptocurrencies, Gemini is your go-to choice. If you are looking to trade a wide range of new and small-cap crypto tokens, BitMart is arguably the best choice.

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Is Binance 100% safe? ›

Binance security rating Is AAA with 100% security score.

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What are the disadvantages of Binance? ›

Some of the main disadvantages of Binance include its complex interface, which may be overwhelming for beginners, and its history of regulatory issues in various jurisdictions. Additionally, some features may be limited in certain countries, such as Australia, due to compliance with local regulations.

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Is my money safe in my Binance account? ›

It offers two-factor authentication (2FA) to verify logins, a real-time monitoring system to detect suspicious wallet activity, security notifications through email, and many other advanced security features. So if you want a safe place to store cryptocurrency, Binance is one of your best bets.

Can Exodus wallet go bust? ›

Exodus is a self-custody wallet with no counterparty risk. This means that even in the unlikely event Exodus goes out of business, you will still have access to your funds. You control your assets through the 12-word secret recovery phrase and private keys that are generated when you first open your wallet.

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Does Exodus report to the IRS? ›

Like most wallets, Exodus does not report your transactions to the IRS and is not required to do so. However, it's important to understand that your crypto transactions are always subject to capital gains and income tax.

Read The Full Story ›

Has Exodus ever been hacked? ›

Closed-Source Code. The software behind Exodus is closed source. Some people prefer open-source software so they can check it for any issues. However, Exodus, as a company, has never been hacked and has a long reputation as a reliable wallet provider, so for many, this doesn't pose much of an issue.

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Is Binance.US shutting down? ›

Binance agreed to a complete exit from the U.S. as part of the settlement, although an official said that BAM Trading was not affected by the agreement.

Get More Info Here ›

Is Binance safe in the US? ›

Your funds are always safe and secure on Binance.US, which was established with a strong commitment to adhering to rigorous U.S. regulations and ensuring a secure and compliant trading environment.

Which is safer Coinbase or Binance? ›

Coinbase is the best choice for investors due to its beginner-friendly features, stellar reputation, and commitment to regulatory compliance. Recently, Binance faced a major scandal after money laundering charges and the resignation of CEO Changpeng Zhao.

Is Exodus a safe exchange? ›

Overall, Exodus is a popular choice for cryptocurrency users looking for a secure, user-friendly wallet with a range of features. Exodus is a non-custodial wallet that supports multiple cryptocurrencies, including Bitcoin, and it has generated a great deal of buzz since its launch in 2016.

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Is it safe to buy Bitcoin on Exodus? ›

As a self-custody wallet, Exodus gives you full control over these funds through your secret recovery phrase and private keys. Because your funds aren't held on a centralized exchange, there is no risk of losing your funds through a hack, bankruptcy, or government regulation.

Is Exodus safer than Coinbase? ›

Is the Exodus Wallet Safer Than Coinbase? The Exodus Wallet is safer than the Coinbase web wallet because the user holds their private keys and maintains complete control over their assets. Coinbase's wallet is a custodial wallet, and it manages your private keys.

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