How does Exodus make money?
Everything you need to know about how Exodus makes money!
Need a crypto wallet that gives you full control of your assets? You can download Exodus here.
In this article:
How does Exodus make money?
Exodus generates revenue through relationships with third-party exchange, fiat, and other API providers who offer services in Exodus.
Exodus receives a small percentage of the spread of each swap serviced by a third-party API exchange provider.
Exchange spreads are the difference in value between the amount you swap and the amount you receive. For example, if you pay 1000 USD for 0.1 BTC, and you receive 0.09 BTC, then the spread is 0.01 BTC.
Although spreads can vary depending on market conditions, the initial screen will always show the value of the crypto you're swapping, and the value of the crypto you'll receive.
Exodus also receives a small percentage of the processing fee charged by third-party fiat API providers that facilitate buy and sell orders.
With Exodus, you'll always be able to see the exact amount you'll pay and receive before swapping, buying, or selling crypto.
What are some benefits that Exodus provides?
Exodus provides many benefits when you're swapping, buying, and selling crypto:
- Convenient to use: You can swap, buy, or sell crypto in a few easy steps.
- Large crypto selection: Our third-party API providers offer the most popular assets for buying, swapping, and selling.
- Widely available: You can swap and buy crypto across 6 continents. Selling crypto is supported in the US, UK, and Europe.
- No limit to how much you can swap: Even if individual third-party API providers have maximums for single swaps, you can swap as many times as you'd like.
- Quick access to your crypto: When you buy crypto, you can access it in minutes (rather than 5-7 days like most centralized exchanges).
- Control and trust: As a self-custody wallet, Exodus gives you full control over your crypto with your secret recovery phrase and private keys. So there's no chance that you'll lose your funds through a centralized exchange hack or bankruptcy.
- Complete transparency: With Exodus, you always know where your crypto is. Your wallet always reflects the blockchain. In contrast, centralized exchanges can move customer funds around and control which assets are listed on their platforms. This can lead to potential conflicts of interest and a lack of transparency.
Exodus is not affiliated with any third-party platforms, external links, or any other third-party resources mentioned in this article. As such, Exodus cannot guarantee the performance of third-party products or services, or that the steps shown and the information provided will always be accurate.