Phantom vs Trust Wallet Comparison

Phantom
Phantom
3.8of 5
Go to Phantom
vs
Trust Wallet
Trust Wallet
Winner
4.0of 5
Go to Trust Wallet

Pros & Cons

Phantom
Phantom
Pros
  • Best user experience in the Solana ecosystem
  • Now supports Bitcoin with Native SegWit and Taproot
  • Nine networks from one wallet
  • Pairs with hardware wallets
  • Built-in verification of trusted applications
Cons
  • Arbitrum, Optimism, BNB Chain and Avalanche not natively integrated
  • Still strongly Solana-oriented
  • Markup when swapping in the wallet
  • No deposit protection — self-custody rests with the user
Phantom Reviews
Trust Wallet
Trust Wallet
Pros
  • More than 100 supported networks, including Bitcoin
  • Open source code
  • Very simple setup with no account
  • Biometric unlock and security checks
  • Built-in access to decentralised applications
Cons
  • Owned by Binance — concentration of exchange and wallet
  • Desktop functionality well behind the mobile app
  • Support reported to be slow
  • No deposit protection — self-custody rests with the user
Trust Wallet Reviews

Score Comparison

4.7Usability4.6
4.1Features4.4
3.8Fees4.0
4.4Stability4.3
3.5Support3.4

Features

Phantom
PhantomHighlights
  • Cleanest interface in this comparison
  • Network list grown from five to nine chains
  • Bitcoin including Ordinals
  • Hardware wallet pairing
Trust Wallet
Trust WalletHighlights
  • More than 100 networks from one app
  • Open source
  • Mobile-first design
  • No account required

Details

PhantomTrust Wallet
Phantom TechnologiesCompanyBinance (acquired 2018)
USHeadquartersEstonia