PSA: Never Use Exodus Wallet

I learned the hard way that Exodus either has terrible security practices or might even be a scam. Here’s what happened:

I’ve used Exodus in the past to transfer some funds and didn’t have any issues back then. Recently, I was helping a friend who’s new to crypto, and I wanted to show him how a software wallet works. I googled the best wallets, and Exodus came up as a top recommendation. Since I’d used it before, I figured it would be a safe and simple option for a beginner.

We downloaded the app, set it up, and went over basic wallet security and how everything worked. My friend transferred $60 into the wallet, and as we were exploring the app and chatting about crypto, the funds magically sent themselves to an unknown address—completely unprompted. The account wasn’t even an hour old.

We were baffled and immediately started trying to figure out what went wrong. After some digging, I found countless posts from others describing the exact same issue with Exodus. It seems like this isn’t an isolated incident but a recurring problem with this wallet.

I wanted to share this as a warning to anyone considering using Exodus. I know software wallets come with risks, but this kind of issue is unacceptable. Has anyone else experienced something similar? And does anyone have recommendations for a more secure alternative?