Trust Wallet Reviews
Mobile-first multi-chain wallet supporting more than 100 networks — approachable, but owned by Binance.
Trust Wallet Rating
Our Opinion
Trust Wallet is the most approachable of the major software wallets. The design is built consistently around the smartphone, setup takes a few minutes and no account is required. With more than 100 supported networks it covers more chains than most competitors — including Bitcoin, which sets it apart from pure EVM wallets.
One thing to know: Trust Wallet has belonged to Binance since 2018. That does not change self-custody — keys stay on the user's device and the code is open source. It does remain a concentration question when exchange and wallet come from the same house.
Desktop use is weaker: the browser extension does not match the mobile app in functionality. And as with any self-custody setup there is no deposit protection and no counterparty if the recovery phrase is lost, while support is reported to be slow when needed.
Pros & Cons
- 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
- 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
User Experiences
AI AnalysisOur AI collects and analyzes user reviews of Trust Wallet from the web and summarizes the key findings.
The app is among the most beginner-friendly in this comparison: setup in minutes, clear navigation, no account needed. On desktop the extension's functionality falls off noticeably. As of August 2026.
Editorial assessment based on publicly documented provider information and independent industry sources. As of August 2026. Self-custody means that losing your recovery phrase results in permanent loss of funds. This comparison is not investment advice. All information without guarantee.
Features
Highlights
- More than 100 networks from one app
- Open source
- Mobile-first design
- No account required
Tradeable Assets
- More than 100 blockchain networks
- Bitcoin and Ethereum
- Millions of tokens
- NFTs
Trading Options
- Sending and receiving
- Swapping in the app
- Staking selected coins
- Access to decentralised applications
About Trust Wallet
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Compare all crypto exchangesRecent articles about Trust Wallet
August 25, 2026 10:31 PM
Crypto Wallet Phishing by Letter: Why the QR Code From Your Postbox Wants Your Recovery Phrase
Letters carrying a QR code urge a supposedly urgent wallet update on grounds of quantum resistance and lead to a page that asks for the recovery phrase. The Federal Office for Cybersecurity reported the ploy on August 18, 2026.
August 25, 2026 10:11 PM
Ledger Closes a Gap in the Ethereum App: When the Display Shows Something Other Than What You Sign
Ledger has closed a flaw in its Ethereum app that let a malicious application swap the reviewed transaction for a different one. Anyone holding Ether or ERC-20 tokens on the device should check the app version and clear out old token approvals.
August 24, 2026 1:22 PM
Phantom Wallet Ends Sui and Monad Support: What to Do Before the Deadlines
Phantom Wallet removes Monad from its app on August 26 and Sui on September 24. The balances are not lost, but only one of the two ways out leaves your tax position untouched.
August 24, 2026 10:29 AM
Buying More Bitcoin at $77,000: Savings Plan or Lump Sum
Bitcoin stands at $77,256 after gaining 22.78 percent in a week. This guide shows you how to buy more cleanly at this price and which method fits which starting position.
August 23, 2026 4:36 PM
Operation ASTERIX: How a Fake Support Call Delivers a Counterfeit Wallet App
Security researchers analysed an open server on which a phone system, phishing interfaces and cloned wallet programs all came together. The largest list of numbers was the German one.
August 23, 2026 1:16 PM
Address Poisoning: Why Seven of Forty Characters Were Enough to Divert $2 Million
A fake wallet address matched the real one in just seven of forty characters and still intercepted 2 million USDC. Our own count of the affected wallet shows that a third of all counterparties in its history belong to such look-alikes.
August 23, 2026 10:15 AM
Coldcard 5.6.1 Is Here: Why the Update Will Not Rescue Your Old Seed
Coinkite shipped Coldcard firmware 5.6.1 and 1.5.1Q on August 20, 2026. The update closes the gap for new seeds but does not repair a seed already affected.
August 22, 2026 4:34 PM
BitBox02: Firmware 9.26.5 Closes Three Security Vulnerabilities. What to Check Now
BitBox released firmware 9.26.5 on August 17, 2026, closing three security vulnerabilities in the BitBox02 and BitBox02 Nova. Existing seeds are not affected according to the manufacturer; an update is due anyway, and with unused devices the order matters.
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August 25, 2026 10:31 PM
Crypto Wallet Phishing by Letter: Why the QR Code From Your Postbox Wants Your Recovery Phrase
Letters carrying a QR code urge a supposedly urgent wallet update on grounds of quantum resistance and lead to a page that asks for the recovery phrase. The Federal Office for Cybersecurity reported the ploy on August 18, 2026.
August 25, 2026 10:11 PM
Ledger Closes a Gap in the Ethereum App: When the Display Shows Something Other Than What You Sign
Ledger has closed a flaw in its Ethereum app that let a malicious application swap the reviewed transaction for a different one. Anyone holding Ether or ERC-20 tokens on the device should check the app version and clear out old token approvals.
August 24, 2026 1:22 PM
Phantom Wallet Ends Sui and Monad Support: What to Do Before the Deadlines
Phantom Wallet removes Monad from its app on August 26 and Sui on September 24. The balances are not lost, but only one of the two ways out leaves your tax position untouched.
August 24, 2026 10:29 AM
Buying More Bitcoin at $77,000: Savings Plan or Lump Sum
Bitcoin stands at $77,256 after gaining 22.78 percent in a week. This guide shows you how to buy more cleanly at this price and which method fits which starting position.
August 23, 2026 4:36 PM
Operation ASTERIX: How a Fake Support Call Delivers a Counterfeit Wallet App
Security researchers analysed an open server on which a phone system, phishing interfaces and cloned wallet programs all came together. The largest list of numbers was the German one.
August 23, 2026 1:16 PM
Address Poisoning: Why Seven of Forty Characters Were Enough to Divert $2 Million
A fake wallet address matched the real one in just seven of forty characters and still intercepted 2 million USDC. Our own count of the affected wallet shows that a third of all counterparties in its history belong to such look-alikes.
August 23, 2026 10:15 AM
Coldcard 5.6.1 Is Here: Why the Update Will Not Rescue Your Old Seed
Coinkite shipped Coldcard firmware 5.6.1 and 1.5.1Q on August 20, 2026. The update closes the gap for new seeds but does not repair a seed already affected.
August 22, 2026 4:34 PM
BitBox02: Firmware 9.26.5 Closes Three Security Vulnerabilities. What to Check Now
BitBox released firmware 9.26.5 on August 17, 2026, closing three security vulnerabilities in the BitBox02 and BitBox02 Nova. Existing seeds are not affected according to the manufacturer; an update is due anyway, and with unused devices the order matters.