Trust Wallet is a user-friendly and non-custodial crypto wallet. It supports thousands of digital assets and different blockchain networks.
What is Trust Wallet
Here’s how it works:
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Browser Extension and Mobile Apps: Trust Wallet works as a mobile app and a browser extension. As a mobile app, it’s compatible both with iOS and Android. For desktop users, Trust Wallet provides a browser extension compatible with Chrome, Brave, Opera, and Edge. It features a user-friendly interface for both beginners and experienced users.
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Non-Custodial: As a non-custodial wallet, Trust Wallet does not hold users' funds or personal information. This is aligned with the crypto principles of decentralization and user privacy.
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Multi-Asset Support: Trust Wallet lets users to manage thousands of cryptocurrencies across majority of public and private blockchains. This includes Bitcoin, Ethereum, Solana, BSC, Base, Tron and many others.
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Built-in Decentralized Exchange (DEX): The wallet features an integrated DEX, enabling users to trade assets directly within the app without relying on centralized exchanges.
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Staking Services: Users can stake various cryptocurrencies, such as Sui (SUI), Solana (SOL), Cardano (ADA), Binance Coin (BNB) and others, to earn staking rewards.
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Buying Crypto With Fiat: Through partnerships with payment processors and Binance, users can buy a variety of cryptocurrencies using credit/debit cards, bank transfers, or mobile payments. This feature supports multiple fiat currencies.
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Trust Wallet Token (TWT): TWT is the native utility token of the Trust Wallet ecosystem. It offers benefits such as governance, discounts and different other incentives.
In short, Trust Wallet offers self-custody and extensive crypto features, giving users full control over their digital assets in one easy-to-use app.
Trust Wallet review
Pros
Cross-Platform Accessibility
Trust Wallet integrates mobile and desktop through dedicated apps for iOS and Android and extensions for different browsers. Trust Wallet's mobile app also has a built-in browser. This lets you access DeFi platforms directly in the app, without switching between apps.
Binance Ecosystem Integration
Owned by Binance since 2018, Trust Wallet leverages Binance's extensive ecosystem, enabling fiat-to-crypto purchases, easy access to Binance’s P2P trading and Binance Launchpool services. Launchpool lets you to stake cryptocurrencies directly within the wallet to earn newly launched tokens. It enables you to easily participate in early-stage token launches by simply staking your Trust Wallet crypto assets.
Multi-Asset & Multi-Chain Support
Trust Wallet supports thousands of assets across dozens of blockchains. This gives you many crypto trading options to choose from.
Smart Wallet Infrastructure for Transactions (SWIFT)
Trust Wallet’s SWIFT technology simplifies transactions by letting you to pay gas fees with more than 100 different tokens (e.g., USDC for Ethereum gas fees).
Security Scanner
The Trust Wallet Security Scanner is a built-in security feature that proactively informs you of risky transactions. It also warns you if a website or smart contract you’re trying to connect looks suspicious.
Proven Market Leadership
With over 200 million downloads, as per Trust Wallet report in March, it has established itself as one of the most popular self-custody crypto wallets worldwide.
Cons
No Recovery Options
If you haven’t set up wallet recovery via iCloud or Google Drive and subsequently lose your password, the wallet can’t be recovered. This would result in permanent loss of access to your crypto.
Limited Customer Support
Trust Wallet doesn't provide extensive direct customer support. Most user support is community-based or via online FAQs and forums, which can be challenging for beginners or urgent issues.