Trust Wallet

Trust Wallet (Trust Wallet) is a self-custody multi-chain crypto wallet that lets users store, swap, stake, and interact with Web3 apps from a mobile app and browser extension. It supports 10 million+ assets across 100+ blockchains, plus NFTs and on-chain dApps.

What is Trust Wallet?

Trust Wallet is a self-custody Web3 wallet where you control your private keys and recovery phrase, not a custodial exchange account. It combines a mobile crypto wallet and browser extension with features such as token swaps, staking, NFT viewing, and a dApp browser across 100+ networks.

If you are comparing non-custodial wallets, this sits in the broader Crypto Wallets category.

Key Features & Services

Self-custody wallet (you control keys)

The wallet is non-custodial: you hold the private keys and secret phrase, and the provider states it does not access or store them. This design also supports a no sign-up flow, with no personal data required to create a wallet.

Privacy is part of the product positioning too: it states it does not track IP addresses, email, or balances.

Multi-chain assets, NFTs, and dApps

It supports 10M+ assets across 100+ blockchains (including Bitcoin, Ethereum, Solana, Cosmos, and Optimism). For collectors, it also supports viewing and managing 600M+ NFTs across multiple networks.

A built-in dApp browser helps users connect to decentralized applications directly from the wallet, which is useful if you actively use DeFi protocols.

Swaps, fiat-to-crypto purchases, and on-ramps

The wallet includes token swapping and fiat-to-crypto purchasing with support for 110+ fiat currencies. Both functions rely on third-party partners, so availability, quotes, and fees can vary by region and provider.

If you prefer wallets that don’t require identity checks for basic usage, this aligns with the No KYC Required tag for wallet creation (note that third-party purchase providers may still request KYC).

Staking and rewards (25+ assets)

Users can stake 25+ assets in-wallet, with advertised APRs up to 70% through third-party providers. Staking terms, reward rates, lockups, and risks depend on the specific asset and partner, so it’s worth verifying details inside the app before committing funds.

Perpetual futures trading (high risk)

The platform also offers perpetual futures trading on 100+ markets with leverage up to 100x. This is a materially different risk profile than spot holding or staking: leverage can amplify losses quickly, and these products may not be suitable for many retail users.

Pricing & Fees

Pricing is not published as a single, fixed fee schedule on the website, so you should expect costs to vary based on network conditions and third-party partners.

Activity	What you may pay	Who sets it
Sending/receiving on-chain transactions	Network (gas) fees	Blockchain network
Token swaps	Quote includes partner fees/spread (varies)	Third-party swap partners
Fiat-to-crypto purchases (110+ fiats)	Provider fees and FX spread (varies)	Third-party on-ramp partners
Staking (25+ assets)	Validator/provider commissions (varies)	Third-party providers
Perpetual futures	Trading fees/funding rates (varies)	Trading venue/partners

Practical tip: before confirming a swap or purchase, compare the final received amount and any displayed fees, then cross-check with a second provider if the difference is meaningful.

Pros and Cons

Pros

• Non-custodial design, users keep control of private keys and recovery phrase
• No sign-up required to create a wallet
• States zero tracking of IP addresses, email, or balances
• Very broad coverage: 10M+ assets across 100+ blockchains
• NFT support at large scale: 600M+ NFTs supported
• Built-in security scanner for risky addresses and dApp connections
• Optional encrypted cloud backup for recovery phrase
• Hardware wallet integration available via the browser extension

Cons

• Swap and fiat purchase features depend on third-party partners (fees and availability vary)
• Perpetual futures with up to 100x leverage can lead to rapid losses
• Pricing is not clearly published as a unified fee schedule
• Cloud backup (even encrypted) introduces a different threat model than fully offline recovery
• Staking is via third-party providers, so rewards and risks are not uniform
• No customer support phone line is mentioned in the provided data

Who Is Trust Wallet Best For?

• Long-term holders who want self-custody: If you prefer a non-custodial wallet over an exchange account and want control of keys, this is built for that.
• Multi-chain users managing many tokens: Support for 100+ blockchains and 10M+ assets suits people who move between ecosystems (ETH L2s, Solana, Cosmos, and others).
• DeFi users connecting to dApps: The dApp browser and security scanner can help when interacting with smart contracts (you still need to verify what you sign).
• NFT collectors: If you hold NFTs across multiple networks, the 600M+ NFT support is a concrete differentiator.
• Yield seekers who understand staking risk: In-wallet staking for 25+ assets with advertised APR up to 70% may appeal, but rates vary and aren’t guaranteed.
• Active traders considering perps: Perpetuals up to 100x exist here, but only make sense for experienced traders with strict risk limits.

Trust signals and assurance: the service lists ISO 27001 and ISO 27701 certifications and states it has been independently audited by Certik, Cure53, Halborn, Kudelsky Security, and Quantstamp. Since it’s a global self-custody wallet rather than a bank, regulation is less about deposit protection and more about security practices and partner compliance (for fiat purchases, the on-ramp provider’s licensing matters).

Operational scale: it states it is trusted by over 200 million people, was founded in 2017, and its team spans 19 time zones.

Trust Wallet Alternatives

Below are alternatives from the same crypto wallet category, each with a different emphasis.

Alternative	Best for	Why consider it
Nexo	All-in-one crypto app users	Often positioned around an ecosystem approach (wallet plus other services in one place)
Avici	Users comparing newer wallets	Option for people who want to benchmark UX and feature sets
COCA.xyz	App-first wallet users	Another consumer wallet choice to compare interface and supported networks
SafePal	Hardware and software combo	Common pick if you want a wallet brand with a hardware tie-in
TokenPocket	Multi-chain wallet users	Often compared for network breadth and Web3 access

How to choose between them: if you want a pure self-custody wallet with broad chain coverage, compare network support, security tooling (scanners, warnings), backup options, and whether swaps and on-ramps are integrated or require separate apps.

Frequently Asked Questions

Is Trust Wallet custodial?

No. It is described as self-custody, meaning you control the private keys and recovery phrase, and the provider says it does not store them.

Does Trust Wallet require KYC?

Creating a wallet doesn’t require sign-up or personal data per the provided information. Some third-party fiat-to-crypto partners may still require identity checks.

How many networks does Trust Wallet support?

The website states support for 100+ blockchains and 10 million+ assets across those networks.

Can you stake in Trust Wallet?

Yes. It offers 25+ in-wallet staking options, with advertised APRs up to 70% via third-party providers.

Is Trust Wallet audited?

It states independent audits by Certik, Cure53, Halborn, Kudelsky Security, and Quantstamp, plus ISO 27001 and ISO 27701 certifications.

This information is for educational purposes and does not constitute financial advice.