Best Custodial Exchange Software Wallets
Looking for a custodial exchange crypto wallet? We compare 5 options below on custody, recovery, and security so you can choose with clearer trade-offs.

Binance Exchange App
users who explicitly want hosted exchange custody, trading, and account recoveryBinance Exchange is a custodial hosted account and must remain separate from Binance Web3 Wallet's self-custody MPC/key-share model.
Custody: Custodial
Platforms: Web, iOS, Android
Role: Custodial Exchange App
Free

Bitget Exchange App
users who explicitly want hosted exchange custody, trading, and account recoveryBitget Exchange is a custodial hosted account and must remain separate from Bitget Wallet's non-custodial Web3 product.
Custody: Custodial
Platforms: Web, iOS, Android
Role: Custodial Exchange App
Free

Coinbase Exchange App
users who explicitly want hosted exchange custody, trading, and account recoveryCoinbase Exchange is a custodial account service with KYC and platform recovery; its product boundary must remain separate from Coinbase Wallet and Base Wallet.
Custody: Custodial
Platforms: Web, iOS, Android
Role: Custodial Exchange App
Free

Kraken Exchange App
users who explicitly want hosted exchange custody and account recoveryKraken Exchange is a custodial hosted account and must remain separate from the Kraken Wallet self-custody product.
Custody: Custodial
Platforms: Web, iOS, Android
Role: Custodial Exchange App
Free

OKX Exchange App
users who explicitly want hosted exchange custody, trading, and account recoveryOKX Exchange is a centralized custodial account and must remain separate from OKX Web3 Wallet's self-custody product.
Custody: Custodial
Platforms: Web, iOS, Android
Role: Custodial Exchange App
Free