Trust Wallet review (2026)
The mobile everything-wallet
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Our take
Trust Wallet is the breadth champion of mobile: 100+ chains and effectively any token you can name, with staking, swaps and a dApp browser built in. Acquired by Binance in 2018 but operated as a separate open-source product, it is many peopleโs first self-custody app.
Breadth is also its weakness: supporting everything means the interface can surface scam tokens and dubious dApps alongside the real thing, and its safety rails are thinner than Rabbyโs or Phantomโs. Good hands need steady judgement.
Key facts
| Type | software ยท non-custodial | Platforms | ios ยท android ยท extension |
|---|---|---|---|
| Coin support | 100+ chains, ~10M assets | Connectivity | App-based |
| Secure element | โ | Open source | Yes |
Specs checked against official documentation ยท 6 Sept 2026
Pros & cons
Pros
- Open-source firmware โ independently auditable
- Free to use โ you only pay network fees
- Broad asset support: 100+ chains, ~10M assets
Cons
- Hot wallet โ connected to the internet, so device compromise = funds at risk
- Self-custody means self-responsibility: lose the seed phrase (or access), lose the funds
How secure is Trust Wallet?
Open-source core, long field history, and standard hot-wallet architecture โ keys on the phone, protected by the device. The Binance association is corporate, not custodial: keys stay yours. Its main risk is its openness โ the dApp browser and token lists will happily show you dangerous things if you go looking.
Who is Trust Wallet for?
โ Good fit ifโฆ
- You want one mobile app covering practically every chain
- You stake and swap casually from your phone
- You want open source without desktop complexity
โ Look elsewhere ifโฆ
- You want strong scam screening built in
- You transact seriously in DeFi (Rabby) or Solana (Phantom)
- Youโre holding size โ hardware territory
Getting started with Trust Wallet
- 1 Download from the official site only
Get Trust Wallet via the official website or app store listing linked from it โ fake wallet apps and lookalike sites are the #1 way people lose funds on day one.
- 2 Create the wallet and secure access
Write the recovery phrase by hand and store it offline. Never screenshot it, never type it into a website โ no legitimate service will ever ask.
- 3 Test with a small amount
Send a little crypto in, then back out. Only after the round trip works should meaningful funds follow.
- 4 Keep hot balances small
A software wallet is for using, not storing. Pair it with a hardware wallet and let this be the spending account, not the vault.
FAQ
Is Trust Wallet safe?
Trust Wallet is a non-custodial software wallet and open-source firmware. No wallet removes the human risks: phishing and seed-phrase theft cause far more losses than device flaws.
How much does Trust Wallet cost in Australia?
Trust Wallet is free to download; you pay only blockchain network fees when transacting.
What coins does Trust Wallet support?
100+ chains, ~10M assets
The bottom line
Maximum coins, minimum friction โ bring your own scepticism.
Scored 8.0/10 by our methodology โ independent of any commission.
Alternatives
General information only, not financial advice. Always verify wallet downloads and purchases against the official site.