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What happens if Exodus goes out of business?

In the unlikely event that Exodus were to shut down, you can access your crypto with another wallet using your secret key.

In the highly unlikely event that Exodus as a company were to go out of business, you could move your crypto to another wallet with your 12-word secret key or private keys.

Need a crypto wallet that gives you full control of your assets? You can download Exodus here.


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What happens if Exodus goes out of business?

In the highly unlikely event that Exodus as a company were to shut down, you would not lose access to your crypto.

This is because Exodus is a self-custody wallet that gives you 100% control over your funds.

Exodus provides you with the software (the Exodus app) needed to transact with your assets which all exist on their respective blockchains.

If Exodus were to shut down, you could access your crypto on the blockchain by importing your 12-word secret key or private key into another self-custodial wallet.

If Exodus shuts down, you can still use your wallet because it runs locally on your device. However, with our servers offline, you may be unable to send funds. You can still export your secret key or private keys to another self-custodial wallet to access your funds.


Exporting your Exodus wallet

As long as you have your 12-word secret key, you can access your funds on the blockchain by importing your secret key into another BIP39-compatible self-custodial wallet.

However, it's important to note that not every BIP39-compatible wallet out there will be compatible with the Exodus secret key, and in some cases, you might have to import using your private keys.

For example, it's possible that the other wallet doesn't support the same assets as Exodus or might use different derivation paths for some assets. In addition, if you used multiple portfolios in Exodus, the other wallet might not support the additional accounts derived from your secret key.

In those cases, you might notice some of the assets, addresses, or portfolios are missing after importing your Exodus secret key. To access your missing funds, you need to find a wallet that supports the same assets and derivation paths as Exodus, as well as multiple accounts if you used multiple portfolios.

If you can't find a wallet that supports importing a secret key, uses the same derivation path as Exodus, or recognizes multiple portfolios, you can still import each individual asset using your Exodus private keys, provided the wallet supports it.

For more information on how to view your Exodus private keys, visit: How do I view my private keys?

Please be very careful with your 12-word secret key and private keys as they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your secret key or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?


Exporting private keys for assets with non-standard derivation paths

While most assets in Exodus follow standardized derivation paths to generate your private keys from your secret key, some assets in Exodus use non-standard derivation paths. To learn more, visit: What are the derivation paths used in Exodus?

If you import your 12-word secret key into another wallet, the other wallet may not support the non-standard derivation paths. As a result, the assets with non-standard derivation paths won't appear after you import your secret key from Exodus.

If you want to export an asset from Exodus that uses a non-standard derivation path, you can always import it using your private key instead of your secret key.

Using private keys skips the step where your keys are generated from your secret key and derivation path. As a result, you can import your assets regardless of the derivation path used in Exodus.

However, please note not all wallets support importing private keys.

For more information on how to view your Exodus private keys, visit: How do I view my private keys?

To help you find a wallet for assets that use non-standard derivation paths in Exodus, here is a list of wallets known to support importing with a private key:

Exodus asset

Wallets that support importing with a private key

Tezos (XTZ)

Solana (SOL)

Stellar (XLM)

Currently, we are not aware of any other Cardano (ADA) wallets that use the same derivation path as Exodus or support importing with a private key.

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