Overview
Trust Wallet is a mobile-first wallet supporting a huge range of chains and tokens, with a built-in dApp browser — owned by Binance.
Trust Wallet is one of the most popular mobile wallets, valued for supporting an enormous number of blockchains and tokens in a single app. It's capable and convenient, but it's a hot wallet, closed-source in parts, and its Binance ownership is a consideration for those who prefer independent tools — hence our light caution flag.
Key features
- Supports a very large number of chains and tokens
- Mobile-first with a built-in dApp browser
- In-app staking and swaps
- Simple, approachable interface
Specs & compatibility
Free to download; you pay network and swap fees. Its breadth of chain support is a standout. As with any hot wallet, keep larger holdings in cold storage rather than in the app.
Security & trust
Trust Wallet runs standard hot-wallet security, but a couple of factors put it in our caution tier: parts are not open-source, and it's owned by Binance (some users prefer independent wallets). Keys live on your device — protect it, use the app's security features, and never share your seed phrase.
Pros & cons
👍 Pros
- Supports a huge range of chains and tokens
- Mobile-first with a dApp browser
- Simple to use
- In-app staking and swaps
👎 Cons
- Hot wallet — online exposure
- Owned by Binance — some prefer independent wallets
- Not fully open source
Who it's for
✅ Good fit if…
Mobile users wanting broad coin support in one convenient app for everyday amounts.
⛔ Look elsewhere if…
Users who prefer independent, fully open-source tools or need to store large sums.
Frequently asked questions
Is Trust Wallet safe?
Trust Wallet runs standard hot-wallet security, but a couple of factors put it in our caution tier: parts are not open-source, and it's owned by Binance (some users prefer independent wallets). Keys live on your device — protect it, use the app's security features, and never share your seed phrase.
How much does Trust Wallet cost?
Trust Wallet is free to download; you only pay network and swap fees.
Who is Trust Wallet best for?
Mobile users wanting broad coin support in one convenient app for everyday amounts.
Verdict
Bottom line. A capable mobile all-rounder for everyday amounts — just keep serious savings in a hardware wallet, not in any hot app.