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🛡 Trust Wallet review: security, features and score

86/100SCORE · ATrustedSelf custody, seed phrase Grade A, excellent

One mobile wallet that handles almost every chain you will ever touch.

The facts

DEVELOPER
Binance
LAUNCHED
2017
TYPE
Mobile first
CUSTODY MODEL
Self custody, seed phrase
KEY MODEL
12 word seed phrase, optional encrypted cloud backup
CHAINS
Ethereum, BNB Chain, Solana, Bitcoin, Cosmos and 100 plus
PLATFORMS
iOS, Android, Chrome extension
OPEN SOURCE
Partial
AUDITS
Audited by CertiK and others
HARDWARE SUPPORT
Ledger
SWAP COST
Small in-app swap fee plus the underlying DEX fee.

What it can do

Dapp browser
Staking
NFTs
Built in swap
Bridging
Buy with card
Testnets

How the score breaks down

security23/30
chains20/20
usability18/20
features19/20
transparency6/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • The widest chain coverage of any mainstream wallet, including Bitcoin and Solana
  • Clean, genuinely beginner friendly
  • Built in staking for many assets
  • Disclosed its 2023 extension bug and paid out
✗ Weaknesses
  • Owned by an exchange, which some people mind
  • Extension is far less mature than the app
  • Not fully open source

Incident history

2023

A vulnerability in its browser extension key generation affected wallets created in a narrow window in late 2022. Trust Wallet disclosed it, contacted affected users and set up a reimbursement fund.

Trust Wallet holds keys on your device. Lose the phone and the seed phrase and nobody can restore it, Binance included.

Reputation and reviews

A reputation score out of 100, kept separate from the feature score above. It reflects what users actually report over time rather than a star rating scraped on one day.

REPUTATION
76/100
Trusted

Enormous user base and generally positive sentiment. The recurring complaints are the hidden dapp browser on iOS, which is an Apple restriction rather than a Trust Wallet decision, and Binance ownership, which some people mind on principle.

Check current reviews yourself

Star ratings change constantly, so we link to the sources rather than printing a number that is out of date the day after it is written.

App StoreGoogle PlayTrustpilotReddit r/CryptoCurrency

If something goes wrong

COMMON FIXES
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.
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