Trust Wallet Review

Trust Wallet scores 6.4 out of 10, last of the six wallets in our wallet ratings. It has the broadest chain coverage in the category and a clear self-custody statement. It loses points because its own pages contradict each other on swap fees, and because none of the current pages we opened documents hardware wallet support.

How Trust Wallet scores in wallets

Each wallet in this category is marked on five criteria, each from 0 to 10 with equal weight. This rating is based on desk research of Trust Wallet's website, terms, developer documentation and GitHub organization. We did not test the app for this rating.

The overall score is the plain average: (9 + 5 + 10 + 4 + 4) / 5 = 32 / 5 = 6.4.

No mark changed at this check, and the score stays at 6.4. Two criteria were re-examined because Trust Wallet has published new material since July 2026. On fees, the new material contradicts the swap page rather than clarifying it, so the mark held at 4. On hardware wallets, we found no current page to cite, so the mark held there too.

Strongest criteria

Chain & asset coverage: 10

Trust Wallet says it supports more than 100 blockchains. Its developer documentation says the browser extension covers Ethereum and other EVM chains, Bitcoin, Solana, Tron and TON. That is the widest coverage among the wallets we rate. Exodus, at 9, counts over 700,000 assets, and Sparrow, at 4, holds Bitcoin only.

Custody & key control: 9

The terms of service say that "you, and only you" control your assets and private keys, and that Trust Wallet does not obtain or keep your wallet password, private key or secret phrase. The optional cloud backup stores an encrypted copy in your own iCloud or Google Drive, and Trust Wallet says it cannot reset that password.

Weakest criteria

Fee transparency: 4, contradictory disclosure

Trust Wallet's swap page answers its own FAQ with "No, Trust Wallet does not charge any additional service fees for swaps". It describes the costs as network gas and provider fees that are not paid to Trust Wallet. Its own comparison post, published in April 2026 and updated in July, lists Trust Wallet's platform swap fee as "0.7% (in rate)". Campaign pages promote a 0% Trust Wallet swap fee on selected pairs, with "the standard applicable fee" applying otherwise. A reader cannot tell from Trust Wallet's own pages whether a swap carries a 0.7% charge. That is a measured deficiency, and the reason the mark did not rise even though a figure now appears. Until the pages agree, judge the cost from the quote screen: if a $1,000 swap returns $990 of the target asset, the all-in cost is about 1%. Our guide to where fees hide explains the method.

Hardware wallet support: 4, not measured on a current page

None of the current Trust Wallet pages we opened says the wallet connects to a hardware device. Its own April 2026 comparison advises pairing Trust Wallet with "a hardware wallet (Ledger or Trezor) for cold storage" as a separate product. Community forum pages that once described Ledger support in the browser extension now return "410 Gone", so we could not confirm what is offered today. This mark therefore records missing evidence rather than a confirmed absence. Ledger support documented on a current Trust Wallet page would be grounds to re-score it.

Open source: 5, partial

Trust Wallet's cross-chain key and signing library, Wallet Core, is public on GitHub under the Apache 2.0 licence. The iOS and Android app repositories in the same organization are archived and were last updated in 2019, so the apps in use today cannot be checked against public source.

What the score does not cover

• The December 2025 extension incident. Trust Wallet says an unauthorized version 2.68 of its browser extension was published to the Chrome Web Store on 24 December 2025 and drained 2,520 wallet addresses. It says only that version was affected, not the mobile app, and that it is reimbursing affected users case by case. No criterion scores incident history, but it bears on extension release security.
• Operator disclosure. The terms name no legal entity, and the iOS App Store lists DApps Platform Software Services Ltd. as seller. This rubric does not score entity disclosure.
• Add-on services. Buying, staking, perps and Earn products come from third-party providers and are not scored.

Trust Wallet vs Exodus and Phantom

The six rated wallets stand at Rabby Wallet 9.0, Sparrow Wallet 8.8, MetaMask 7.8, Phantom 7.4, Exodus 7.0 and Trust Wallet 6.4. Exodus, 0.6 ahead, is the closest multichain rival. Trust Wallet beats it on coverage (10 against 9) and open source (5 against 3), but trails on fee disclosure (4 against 5) and hardware support (4 against 9). Phantom, 1.0 ahead, covers far fewer networks (7) but publishes a fixed 0.85% swap fee (10) and documents Ledger support (8).

Who it suits

The score suits people who want one phone app for many unrelated chains and are comfortable reading each swap quote rather than relying on a stated fee. It is a weaker fit for anyone who needs hardware signing inside the same app or a fixed, published swap fee. Trust Wallet says support will never contact you first or ask for your recovery phrase; see our guide to avoiding wallet scams.