Trust Wallet Review
Verdict
One of the broadest multichain footprints in a simple, mobile-first wallet — backed by Binance.
Score breakdown
Six pillars, weighted identically for every wallet (security-weighted).
Pros
- Supports 100+ chains out of the box
- Simple, mobile-first UX
- Built-in swaps, staking & dApp browser
- Security scanner for risky transactions
Cons
- App UI is closed-source (core library is open)
- Extension track record weaker than the app
- Hot wallet — pair with hardware for large holdings
Security & track record
Mobile app has a solid record; the browser extension has had disclosed issues (a late-2025 security bug; a 2024 migration bug). Self-custody, so phishing is the main user risk.
Specifications
| Type | Software · Multichain mobile wallet |
|---|---|
| Price | Free (Network/swap fees) |
| Maker | Trust Wallet (Binance) · Global |
| Released | 2017 |
| Secure element | — |
| Open source | Partly open-source |
| Backup / recovery | Seed phrase (optional encrypted cloud) |
| Air-gapped | No |
| Connectivity | Mobile, Extension |
| Screen | — |
| Platforms | iOS, Android, Extension |
| Assets | 100+ blockchains (BTC, ETH, SOL, BNB) |
Trust Wallet — frequently asked questions
Is Trust Wallet safe?
Trust Wallet is a software wallet. As a software (hot) wallet, its keys live on your connected device — convenient, but more exposed than a hardware wallet. Its firmware and app are partly open-source. Mobile app has a solid record; the browser extension has had disclosed issues (a late-2025 security bug; a 2024 migration bug). The biggest risk with any self-custody wallet is your recovery phrase — never share it or type it into a website.
How much does Trust Wallet cost?
Trust Wallet is free to download and use — you only pay network (gas) fees when you transact.
What coins does Trust Wallet support?
Trust Wallet supports 100+ blockchains (BTC, ETH, SOL, BNB). Check it covers the specific coins and networks you hold before you commit.
Is Trust Wallet good for beginners?
Trust Wallet is reasonably beginner-friendly. It's a multichain mobile wallet, best for beginners, multichain, mobile.
What happens if I lose my Trust Wallet?
You restore access from your backup (Seed phrase (optional encrypted cloud)). But if you lose the recovery phrase itself, the funds are gone permanently — no one, including the maker, can recover them. Back it up offline in more than one secure place.
General information only — not financial advice. Prices are approximate (many makers publish USD only) and change frequently; verify current pricing with the maker. Self-custody wallets put you in full control of your keys and your risk.