How to swap crypto in Exodus? Are the fees high?

Accessing the Swap Feature

1. Open the Exodus desktop or mobile application and ensure your wallet is unlocked.

2. Navigate to the Swap tab, located at the bottom of the mobile interface or in the left-hand sidebar on desktop.

3. Select the cryptocurrency you wish to exchange from your wallet balance.

4. Choose the target asset you want to receive after the swap.

5. Enter the amount you intend to swap, and Exodus instantly displays the estimated output based on real-time market rates.

How Swaps Are Executed

1. Exodus does not operate its own order book or matching engine.

2. Instead, it aggregates liquidity from multiple decentralized exchanges and over-the-counter providers including 0x, Changelly, and Coinify.

3. The platform routes each transaction through the source offering the best rate and lowest slippage at that moment.

4. Users retain full custody throughout — private keys never leave the device, and no account creation or KYC is required for standard swaps.

5. Once confirmed, the transaction is broadcast directly to the relevant blockchain network using your locally stored keys.

Fees Structure and Transparency

1. Exodus displays all applicable fees before confirmation: a network fee (paid to miners/validators), a service fee (typically 0.5%–1.5%), and sometimes an additional spread depending on liquidity depth.

2. The service fee is clearly itemized beneath the estimated output amount, allowing users to compare net value before proceeding.

3. Network fees vary by blockchain congestion — Ethereum swaps often incur higher gas costs than Solana or Polygon-based trades.

4. Stablecoin swaps such as USDC to USDT may carry lower slippage but are subject to the same service fee percentage unless promotional offers apply.

5. No hidden charges appear post-confirmation; the final received amount matches the pre-swap estimate minus only the disclosed fees.

Supported Asset Pairs and Limitations

1. Over 250 tokens across 15+ blockchains are supported for swapping, including Bitcoin, Ethereum, Solana, Cardano, and Avalanche-native assets.

2. Cross-chain swaps are available but require wrapping or bridging intermediaries — Exodus handles this automatically without exposing users to external bridge interfaces.

3. Some tokens lack sufficient liquidity and appear grayed out or display “Insufficient liquidity” when selected.

4. NFTs and non-standard ERC-20 tokens with unusual decimals or transfer restrictions cannot be swapped through the built-in interface.

5. Fiat on-ramps are accessible via integrated partners like MoonPay and Ramp, but those are separate from the crypto-to-crypto swap engine.

Frequently Asked Questions

Q: Can I cancel a swap after confirming it?A: No. Once signed and broadcast to the blockchain, the transaction is immutable and irreversible. Exodus cannot intervene or reverse it.

Q: Why does the estimated output change between selecting assets and clicking confirm?A: Prices fluctuate in real time due to market movement and liquidity shifts across aggregated sources. The final quote locks only upon signing.

Q: Do I need to hold ETH to swap ERC-20 tokens?A: Yes. Swapping any token on Ethereum requires ETH to cover gas fees. Exodus will prompt you to add ETH if your balance is insufficient.

Q: Are hardware wallets supported for swaps?A: Yes. Ledger and Trezor devices integrate seamlessly — Exodus signs transactions via the hardware wallet’s secure environment without exposing private keys.