In their Q2 2024 results, Exodus Wallet has reported strong financial performance and a monthly active user base of up to 1.5 million users. As per CryptoRank, It’s one of the top 7 crypto wallets in terms of downloads in July 2024 with about 133,000 downloads.
Exodus Wallet is indeed one of the most widely used crypto wallets in the market today; however, if you’re looking for an Exodus alternative available in the European Union (EU), whether to diversify your portfolio or just have a backup (for security purposes), we’ve got a few options for you.
What Is Exodus Wallet?
Founded in 2015 and officially launched in 2016, Exodus is a self-custodial wallet that supports over 50 blockchain networks and about 100,000 digital assets in its products. Its easy-to-navigate screens are ideal for crypto beginners, and the wallet is available as a mobile app for both iOS and Android, desktop application, and browser extension.
One of the best things about this crypto wallet is its on-ramp feature, which allows users to buy cryptocurrencies with traditional currencies. Some of their payment options include debit/credit cards, and the other payment methods available through integrations like Ramp, Moonpay, Robinhood Connect, and Sardine.
More notable features:
- Trading and management of non-fungible tokens (NFTs)
- Integrates with hardware wallets (i.e., Trevor)
- Quick and easy ways to buy, sell, and convert crypto
- In-app locking for various cryptocurrencies (i.e., Ethereum {ETH}, Solana {SOL}, Cardano {ADA}, and Cosmos {ATOM})
Exodus Alternatives for EU Users
1. Ka.app
Ka.app is another beginner-friendly crypto wallet with intuitive screens and convenient on-ramp services. These include debit/credit card payments, bank transfers, and other payment methods via Ramp such as Apple Pay. One of its unique features is the ability to create your own international bank account number (IBAN) on the platform. You can use this to buy crypto in Europe by transferring euros (EUR) from an external IBAN.
More notable features:
- Sending crypto for free to other Ka.app users
- Quick crypto to crypto and crypto to EUR (and vice versa) conversions
- The Ka. Debit Card which allows you to convert crypto to EUR and use your funds for daily transactions
- Discounted service fees when you lock up KASTA tokens
2. Coinbase Wallet
Just like Exodus, Coinbase Wallet allows you to buy, sell, send, receive, and store a wide range of cryptocurrencies and directly access decentralized applications (DApps). It also prioritizes security, operating separately from the Coinbase exchange, giving you full control over your private keys and assets.
More notable features:
- It's directly connected to the Coinbase exchange, making it easy to buy and sell cryptocurrencies in case you don’t want to do a bank transfer or credit/debit card
- Locking feature for several cryptocurrencies
- Allows you to buy, sell, and store non-fungible tokens (NFTs)
- Handles multiple blockchains
3. Trust Wallet
Trust Wallet is a popular decentralized wallet with 140 million users worldwide. Similar to the Coinbase Wallet, you can access and interact with dApps directly from the Trust Wallet app. It also offers locking options and crypto conversions.
More notable features:
- Supports hundreds of blockchains and over 10 million assets
- Easily integrates with some decentralized exchanges for seamless decentralized trading
- Highly prioritizes security with their own Encrypted Cloud Backup and proactive alerts for risky transactions
- Easy to connect with a hardware wallet
4. MetaMask Wallet
MetaMask is another well-known non-custodial crypto wallet that functions as a browser extension and a mobile app. It offers secure storage, transactions, and interactions with Ethereum-based tokens and dApps, and is used by more than 100 million users worldwide.
More notable features:
- Supports adding custom Ethereum-compatible blockchains, including Binance Smart Chain and others
- Offers private key management and can be secured with a password and backup seed phrase
- Makes it easy to use DeFi platforms and NFT marketplaces on Ethereum and other networks
A Few Tips in Choosing the Right Exodus Alternative for You
Here are a few tips that can help you decide which Exodus alternative to use:
1. Look for a wallet with strong security features, such as two-factor authentication (2FA), encryption, or hardware wallet integration.
2. Make sure the wallet supports all the cryptocurrencies you plan to use.
3. If you’re new to crypto, choose a wallet with a simple, intuitive interface.
4. Consider the unique features you’ll find more useful, whether it’s IBAN transfers, Bitcoin debit card, dApp integrations, locking features, or something else.
Good luck!
FAQs
Does Exodus Work in Europe?
Yes, Exodus works well in Europe. It’s a global crypto wallet that supports users from all around the world.
Is Exodus Better Than MetaMask?
It depends on your needs. Exodus is great for managing multiple cryptocurrencies in a user-friendly way, while MetaMask excels in interacting with dApps and the Ethereum ecosystem. Exodus supports a broader range of cryptocurrencies, but MetaMask is more tailored to users focusing on Ethereum and DeFi.
Can I Use Exodus and Another Wallet Together?
Yes, you can use multiple wallets, including Exodus and another one like Ka.app. Diversifying can also help you reduce the risk of loss if one wallet fails to function for whatever reason.
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