Coinomi vs Exodus wallet: Which Wallet Wins in 2023?
6 min to read
Introduction: When it comes to keeping your digital assets secure and accessible, choosing the right cryptocurrency wallet is crucial. Our comparison of Coinomi and Exodus Wallets, two of the most popular non-custodial wallets, covers a range of metrics, including supported platforms, available cryptocurrencies, and user experience so that you can make an informed decision with ease!
Coinomi vs Wallet: Table Overview
Exodus Wallet and Coinomi Wallet are two cryptocurrency wallets that have been around for over 7 years. With their wallets, users can buy, sell, store, exchange and stake crypto assets. Below we outlined a table where we compare the two cryptocurrency wallets across a range of metrics so that you can decide which option is the best for you.
When deciding which cryptocurrency wallet to use, non-custodial wallets where you control your own private keys are the most secure option. Both Coinomi and Exodus and non-custodial wallets where there is no need for any KYC and no centralized honeypot for attackers to go after.
Coinomi is available on mobile for Android and iOS devices and on desktop for Windows, Mac and Linus. Coinomi is not available as a browser wallet but does integrate with exchanges like Shapeshift and Changelly.
Exodus is available on a wide range of devices like Windows, Mac, Linux on desktop and Google and IOS for mobile apps. Exodus is also available to download as a browser wallet (Chrome & Brave) that can be used to connect to a wide range of DeFi applications.
Exodus also works with a variety of hardware wallets, such as Ledger, Trezor, and KeepKey. These hardware wallets allow users to store their digital assets offline, providing an extra layer of security.
Coinomi vs Exodus: Product Features
Coinomi is a multi-currency wallet that supports more than 1,700 blockchain assets and tokens, including Bitcoin, Ethereum, Litecoin, Cardano and more. The offers users a range of features such as the ability to send, receive, and store funds. Coinomi also has built-in exchange feature that allows users to easily convert their funds between different cryptocurrencies.
Exodus is user-friendly cryptocurrency wallet that allows users to easily store, send, and receive over 260 digital assets like BTC, ETH, SOL, ATOM. It offers a range of features that makes it a great choice for both experienced and novice cryptocurrency users. With Exodus you can do the basics like sending, receiving and storing assets while also staking, exchanging and buying cryptocurrencies.
Coinomi vs Exodus: Cryptocurrencies
Coinomi supports over 1700 cryptocurrencies and supports more than 125 blockchains such as Bitcoin, Ethereum, Binance, Tron, and many others. One downside is that Coinomi currently does not support big ecosystems like Solana, Cosmos, Near and Polygon.
Exodus supports over 260 cryptocurrencies and provides support for Algorand, Avalanche, Bitcoin, BNC, Cosmos, Ethereum, Fantom, Terra, Polygon, Solana and Tron. Besides the 260 available cryptocurrencies, you can also add custom tokens for each of these blockchains.
Coinomi vs Exodus: Security
Coinomi is known for its robust security features and has never been hacked in its 8 years in operation. Coinomi users have exclusive access their own private keys as well as numerous other layers of protection. It also has built-in support for hardware wallets such as Trezor and Ledger Nano S.
Exodus being a hot wallet means that the company can't store any sensitive data about your wallet because the wallet's information is store locally on your device. The private keys to your wallet is available only to users and while this provides stronger security, it also means more responsibility as it is crucial not to lose the 12-word secret recovery phrase.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.