Trust Wallet Review 2026: Is Trust Wallet Safe, Legit and Worth Using?

Last Updated: November 3, 2026

Is Trust Wallet safe? Yes, for everyday use, as long as you protect your recovery phrase and keep the app updated, but it is not risk-free: its Chrome browser extension was hacked in December 2025, when a malicious version 2.68 drained about $8.5 million from 2,520 wallet addresses, according to Trust Wallet, while the mobile app was not affected. Trust Wallet is a free, Binance-owned self-custody crypto wallet for iOS, Android and Chrome that supports more than 100 blockchains, lets you swap, buy and sell crypto through third-party providers, and never holds your funds itself.

Our verdict in this Trust Wallet review: Trust Wallet is a legitimate wallet and a convenient choice for holding Bitcoin, XRP, Ethereum and tokens on many chains in one app. Its weak points are the browser extension’s security record (incidents disclosed in 2023 and 2025), swap and provider fees that can be higher than doing it yourself, and fake support scams that copy its name. Below, we cover its security record with dates, fees, buying and selling Bitcoin and XRP, the TWT token, and how it compares with MetaMask, Coinbase Wallet and Exodus.

Key Takeaways

• What it is: a non-custodial (self-custody) wallet. You hold the private keys, Trust Wallet never has access to your funds, and there is no account balance held by the company.
• Who owns it: Binance acquired Trust Wallet in July 2018. It runs as a separate self-custody app, so balances in it are not deposits on the Binance exchange.
• Security record: two incidents, both in the browser extension. A wallet generation flaw disclosed in April 2023 cost users about $170,000. A malicious extension update on December 24, 2025, drained about $8.5 million from 2,520 addresses. Trust Wallet said it would reimburse affected users both times. The mobile app was not affected either time.
• Chains: more than 100 blockchains, including Bitcoin, Ethereum, Solana, BNB Chain, XRP Ledger, TRON and TON. Trust Wallet removed 24 smaller networks on September 15, 2026.
• Fees: no fee to download, hold, send or receive beyond the blockchain’s network fee. Swaps can include a Trust Wallet fee shown in the quote, and buying or selling goes through providers such as MoonPay and Ramp, which set their own fees.
• Support: there is no phone line. Help comes through the in-app and website help center, a 24/7 AI chatbot and human agents behind it. Any “Trust Wallet support number” is a scam.
• Ratings: 4.7 on the App Store and 4.6 on Google Play, as shown on trustwallet.com, but 1.1 out of 5 on Trustpilot from 956 reviews (unclaimed profile), checked November 3, 2026.

What Is Trust Wallet?

Trust Wallet is a self-custody (non-custodial) cryptocurrency wallet. The private keys that control your funds are stored, encrypted, on your own device rather than held by a company. In app stores, it is listed as Trust: Crypto & Bitcoin Wallet. It runs on iOS and Android, and a separate browser extension for Chrome covers desktop.

Developer Viktor Radchenko launched Trust Wallet in 2017, and Binance acquired it in July 2018, its first acquisition. Trust Wallet says it has more than 220 million users, and in a support update last revised in July 2026 it said downloads grew from about 20 million to over 200 million. The app supports more than 100 blockchains with millions of tokens, plus staking, in-app swaps, NFTs, a Web3 browser for decentralized apps and, through integrated providers, perpetual futures and prediction markets.

Is Trust Wallet decentralized? Partly. Your keys and funds are fully self-custodied. However, a central team builds and maintains the app, and swaps are routed through third-party liquidity providers rather than a DEX of its own. Its core library, Wallet Core, is open source, so anyone can review the code on GitHub.

Who Owns Trust Wallet?

Binance owns Trust Wallet. Because Trust Wallet is a self-custody app, its users’ coins sit on the blockchains themselves, under keys stored on their devices, not in Binance’s exchange wallets. That difference mattered in late 2026: Binance’s exchange was hacked on October 29, 2026, with about $6.3 billion taken, and the FBI attributed the theft to North Korea’s TraderTraitor unit on October 31. That breach hit Binance’s exchange hot wallets. We found no report that Trust Wallet wallets were affected (searches run November 3, 2026).

Key Features

• Multi-chain support: more than 100 blockchains and millions of assets in one interface.
• Built-in Security Scanner: the mobile app assigns a risk level to transactions and warns you before you sign a risky one. Trust Wallet says the risk data comes from partners including Binance Risk and HashDit, and that the scanner has blocked $162 million in potentially harmful transactions.
• Encrypted cloud backup: besides the recovery phrase, you can store an encrypted backup in iCloud or Google Drive.
• Web3 browser: connect to decentralized apps (dApps) and DeFi protocols from inside the app.
• Staking and Earn: rewards on supported proof-of-stake assets and stablecoins, which Trust Wallet says are variable and not guaranteed.
• In-app swaps: swap tokens without leaving the app. Since a campaign published on September 16, 2026, some staked and wrapped assets, such as stETH and jitoSOL, swap with a 0% Trust Wallet fee.
• FlexGas: pay network fees with TWT, USDT or USDC instead of the chain’s native coin on supported networks.
• Ledger support: the browser extension works with Ledger hardware wallets, so your keys can stay offline while you use Trust Wallet’s interface.

What Is the Trust Wallet Token (TWT)?

TWT is Trust Wallet’s own utility token, a BEP-20 token on BNB Smart Chain launched in 2020 through airdrops, with no fundraising. According to Trust Wallet’s TWT litepaper (September 2025, updated July 2026), TWT is used for the Trust Premium loyalty program, fee discounts on features such as swaps, paying gas through FlexGas, and community votes. The litepaper says TWT is not an investment product and gives holders no ownership, equity or dividends in Trust Wallet. You do not need TWT to use the wallet.

On CoinMarketCap at 12:44 UTC on November 3, 2026, TWT traded at about $0.405 (down 5.7% over seven days), ranked 138th with a market cap of about $174 million. About 429.9 million TWT circulate out of a maximum supply of about 999.9 million, and the price is about 85% below its all-time high of $2.72 from December 11, 2022.

Is Trust Wallet Safe?

Yes, for most users, with one caveat about the browser extension. Trust Wallet is non-custodial, so there is no central pool of customer funds to steal, as there is on an exchange. Both of the wallet’s known security incidents hit the browser extension, not the mobile app, and in both cases Trust Wallet pledged to reimburse affected users. Trust Wallet’s website also shows ISO 27001 and ISO 27701 certifications (information security and privacy management) issued through A-LIGN.

Being self-custody also means there is no safety net. Trust Wallet does not hold your deposits, so there is no exchange-style account recovery or deposit insurance, and a confirmed blockchain transaction cannot be reversed. Most losses still come from users exposing their recovery phrase, typing it into a phishing site or approving a malicious smart contract.

Trust Wallet Security Incidents

December 2025, browser extension v2.68: On December 24, a tampered version 2.68 of the Chrome extension went live outside Trust Wallet’s normal release process. According to Trust Wallet’s incident update, the attacker most likely got in through the industry-wide Sha1-Hulud supply chain attack of November 2025, which exposed developer GitHub secrets, including the Chrome Web Store API key. Trust Wallet rolled back to the clean code, released it as version 2.69 and disabled the leaked credentials. It received more than 5,000 reimbursement claims, many of them duplicates or false, and reviews them case by case. Mobile app users and users of other extension versions were not affected. Blockchainreporter covered the incident when it broke in its report on the Trust Wallet browser extension exploit, when the estimate was about $7 million.

April 2023, wallet generation flaw: A bug in the WebAssembly build of Trust Wallet’s core library made some extension wallets predictable. Only addresses created in the browser extension between November 14 and November 23, 2022, were affected. Two exploits cost users about $170,000, as The Block and Cointelegraph reported. Mobile-only users and imported recovery phrases were safe, and Trust Wallet said it would reimburse affected users.

The practical lesson is that the extension has carried more risk than the mobile app. Keep it updated and connect a Ledger for larger balances.

What Changed Since 2025

• December 2025: the v2.68 extension hack, the largest incident in Trust Wallet’s history.
• 2025 to 2026: Trust Wallet doubled its human support team and added a 24/7 AI chatbot that can escalate cases to agents, according to its support update revised July 17, 2026.
• September 15, 2026: Trust Wallet ended support for 24 networks, including Moonbeam, MultiversX, Nano, IoTeX and Polygon zkEVM. Funds on those networks were not deleted; EVM networks can be added back as custom networks, and non-EVM ones need another wallet that imports the same recovery phrase.
• September 2026: 0% Trust Wallet swap fees on eligible staked and wrapped assets on Ethereum, Solana and BNB Chain (not available in the UK).

How to Keep Trust Wallet Secure

1. Never share your 12-word recovery phrase, including with anyone who claims to be Trust Wallet support. Trust Wallet says its support will never contact you first, ask for your phrase or request remote access to your device.
2. Download Trust Wallet only from the Apple App Store, Google Play, the Chrome Web Store link on trustwallet.com, or trustwallet.com itself, never from a link in an email, DM or ad.
3. Turn on the app’s passcode or biometric lock in addition to your phone’s lock screen.
4. Read Security Scanner warnings before you sign. Check smart contract permissions and revoke access for dApps you no longer use.
5. Keep the browser extension updated, and pair it with a Ledger hardware wallet for holdings you do not need every day.

Is Trust Wallet a Cold Wallet?

No. Trust Wallet is a hot wallet. It stays connected to the internet, which is convenient for daily use. That also makes it less secure than a hardware (cold) wallet such as Ledger or Trezor, which keeps keys offline. For a large long-term position, pair the Trust Wallet extension with a Ledger, or follow our guide to cold storage crypto: cold storage for savings, hot wallet convenience for active use.

Is Trust Wallet Legit?

Yes. Trust Wallet is a legitimate, widely used product owned by Binance, with more than 200 million downloads, according to the company, and an operating history going back to 2017. Doubts about its legitimacy almost always involve impersonators, such as fake support accounts, phishing links and cloned apps, rather than the real application.

Trust Wallet Scams to Watch For

Is Trust Wallet a scam? No, but scammers use its name constantly. Trust Wallet has no phone support line, and scammers exploit that gap by posing as official support. Our web searches for Trust Wallet support and the browser extension on November 3, 2026, returned fake “support number” PDFs uploaded to unrelated university and government websites, and fake extension download pages built on free website builders. Anyone who calls you on behalf of Trust Wallet, or asks you to call a number, is a scammer. Anyone who asks for your recovery phrase is trying to steal your funds. Real help is available only through Trust Wallet’s official help center, the in-app support chat and its verified social media accounts. New wallets keep launching, including the NOXCAT Wallet beta.

Other common scams include fake apps listed outside the official stores, phishing sites that copy the trustwallet.com download page, impersonators who targeted victims of the December 2025 hack with fake reimbursement offers (Trust Wallet warned against them in its incident update), and unsolicited “airdrop” links that ask you to connect your wallet and sign a malicious transaction.

Trust Wallet Reviews and Complaints

User ratings depend on where you look. Trust Wallet’s site shows 4.7 out of 5 on the App Store and 4.6 on Google Play. Trustpilot showed a TrustScore of 1.1 out of 5 from 956 reviews on November 3, 2026, with 94% one-star ratings, on a profile the company has not claimed. Recent complaints there focus on funds lost to theft or scams, slow or automated support, swap fees users did not expect and failed or slow transfers. Trustpilot does not verify individual claims, and many self-custody losses trace back to phishing or exposed recovery phrases rather than to the app.

Trust Wallet Fees

Trust Wallet does not charge fees for downloading the app or for holding, sending or receiving most assets. You pay the blockchain’s network (gas) fee, which goes to miners or validators, not to Trust Wallet. There is no minimum deposit, because you are not depositing into a custodial account.

In-app swaps cost more than the network fee alone. Trust Wallet’s own guide to swap fees (August 2026) explains that a swap can include a provider or liquidity fee that varies by route and token pair, plus price impact on large trades, and that the quote shows the expected output, the network fee and your slippage tolerance before you sign. Trust Wallet does not publish one fixed swap fee percentage in that guide, so read the quote and compare it with a standalone DEX if cost matters.

Swaps between eligible staked and wrapped assets on the same chain (weETH, stETH, wstETH and WETH on Ethereum; WSOL, jitoSOL, INF, BNSOL and JupSOL on Solana; WBNB and slisBNB on BNB Chain) carry a 0% Trust Wallet fee under a campaign published on September 16, 2026. Network fees still apply, and the offer is not available in the UK.

Trust Wallet Pros and Cons

Pros:

• Supports 100+ blockchains natively, more than most competing wallets.
• Fully non-custodial: you control your private keys at all times.
• Built-in Security Scanner warns about risky transactions in the mobile app.
• Staking, swaps, NFTs and buying through several providers in one app.
• Free to download and use beyond network, swap and provider fees.
• Ledger hardware wallet support in the browser extension.
• Optional encrypted cloud backup alongside the recovery phrase.

Cons:

• Two browser extension incidents, disclosed in 2023 and 2025, including the roughly $8.5 million December 2025 hack.
• No phone support, which gives impersonation scammers an opening; first-line support is a chatbot.
• Hot wallet only, with no built-in hardware security.
• In-app swaps and card purchases can cost more than trading on a DEX or exchange directly.
• Binance ownership may put off users who want a wallet with no exchange ties.
• Support for 24 smaller networks ended in September 2026, so check that your chains are still listed.

How to Buy Bitcoin and XRP With Trust Wallet

You can buy Bitcoin, XRP and most major coins inside Trust Wallet, but the purchase runs through a third-party provider, not through Trust Wallet itself. According to Trust Wallet’s buy crypto page, providers include MoonPay, Ramp, Mercuryo, Transak, Simplex and Banxa, purchases start at about $10, and the provider handles identity checks (KYC) and payment. Card payments usually settle within minutes after verification, while bank transfers can take one to three business days. Payment methods and providers vary by country.

1. Open Trust Wallet and tap Buy.
2. Choose the asset, such as Bitcoin (BTC) on the Bitcoin network or XRP on the XRP Ledger.
3. Enter the amount in your local currency and compare the quotes from the listed providers. Each quote shows how much crypto you get after fees.
4. Pick a payment method (card, Apple Pay, Google Pay or bank transfer) and complete the provider’s identity check.
5. Confirm. The coins arrive at your own Trust Wallet address, usually within minutes for card payments.

For reference, Bitcoin traded at about $77,275 and XRP at about $1.28 on CoinMarketCap at 12:44 UTC on November 3, 2026.

XRP note: every XRP Ledger account must keep a reserve, currently 1 XRP, according to the XRP Ledger documentation. That amount stays locked in your Trust Wallet XRP address and cannot be sent, so a new XRP wallet needs at least 1 XRP to activate. When you send XRP to an exchange, include the destination tag the exchange gives you, or the deposit may not be credited.

Is buying crypto in Trust Wallet a good deal? It is convenient and lands the coins straight in your self-custody wallet, but card purchases through providers often cost more than buying on an exchange and withdrawing. Compare the provider quote with the all-in cost on an exchange such as Coinbase or Binance before large purchases.

How to Withdraw Money From Trust Wallet

Trust Wallet is not a bank account, so cashing out always goes through a third party. In some countries, you can sell crypto inside the app through a partner such as Ramp or MoonPay, which sends the money to your bank or card after its own checks. The more common route is an exchange: send your crypto there, sell it and withdraw to your bank.

1. Open Trust Wallet and select the asset you want to sell.
2. Tap Send and paste your exchange deposit address, copied exactly from the exchange for the matching network (and the destination tag or memo for XRP and similar coins).
3. Confirm the transaction and wait for network confirmation.
4. On the exchange, sell the asset for USD or your local currency.
5. Start a standard bank withdrawal from the exchange.

Check the network before you send, for example ERC-20 versus BEP-20. Sending on the wrong network is one of the most common ways self-custody users lose funds. Trust Wallet cannot reverse a transaction once it is confirmed on-chain. Selling through an in-app partner involves the provider’s fee plus the network fee, so compare the payout with the exchange route.

Trust Wallet vs Other Wallets: Comparison Table

Blockchainreporter’s comparison below sets Trust Wallet against three popular self-custody rivals, using each company’s own figures and major outlet reporting checked on November 3, 2026.

Trust Wallet vs MetaMask

MetaMask is the more established wallet for Ethereum and EVM chains, with deeper browser extension tooling and broader dApp compatibility on Ethereum. The multi-chain gap has narrowed: MetaMask added native Solana support in 2025 and native Bitcoin support in December 2025, as The Block reported. Trust Wallet still covers far more networks out of the box. If you mostly use Ethereum apps, MetaMask’s ecosystem is hard to beat. If you hold assets across many unrelated blockchains, Trust Wallet is more convenient. Our MetaMask review covers its features in detail.

Trust Wallet vs Coinbase Wallet

Coinbase renamed its self-custody wallet the Base App in July 2025 and switched back to the Coinbase Wallet name on September 10, 2026, as The Block reported. The relaunched app focuses on trading features such as perpetual futures, prediction markets and tokenized stocks, hides scam tokens automatically and supports 11 networks, including Base, Ethereum, Solana, Bitcoin and BNB Chain, while Trust Wallet supports more than 100. If you already buy and sell on Coinbase, read our Coinbase review before choosing a wallet to pair with the exchange.

Trust Wallet vs Exodus

Exodus is another popular non-custodial multi-chain wallet, known for a polished desktop app, a built-in swap feature and built-in Trezor hardware wallet support. Exodus says it supports more than 50 networks and advertises 24/7 human support. Trust Wallet supports more blockchains overall and is stronger on mobile, while Exodus suits users who want a desktop-first experience alongside mobile.

Newer wallets are also trying to win users, such as Walme, which pitches itself as an all-in-one wallet.

Should You Use Trust Wallet?

Trust Wallet is a solid choice if you hold assets on several blockchains, including Bitcoin and XRP, and want one free self-custody app to manage them, stake and use DeFi. It suits beginners who are comfortable backing up a recovery phrase and multi-chain users who value convenience. It is less suited to Ethereum-only power users who prefer MetaMask, and a large long-term position belongs on a hardware wallet rather than a hot wallet. If you use the browser extension, keep it updated and connect a Ledger for larger balances. For other options, see our guide to self-custodial crypto wallets. As with any self-custody wallet, the biggest risk is your own responsibility. If you lose your recovery phrase and have no backup, no support team can get your funds back.

Nothing on this page constitutes financial advice. Use only the official Trust Wallet app from trustwallet.com, the Apple App Store or Google Play. Never install it from a link in an unsolicited message or ad.

Data sources: Trust Wallet (incident update of December 30, 2025, revised July 17, 2026; network sunset notice; swap fee guide; 0% swap campaign; buy crypto page; TWT litepaper; support update), CoinMarketCap (prices at 12:44 UTC on November 3, 2026), XRP Ledger documentation, Trustpilot, The Block, Cointelegraph and the FBI as reported by CoinDesk.

FAQ

Is Trust Wallet safe to use in 2026?
Yes, for most users. Trust Wallet is non-custodial, its core library is open source, and the mobile app has a Security Scanner that flags risky transactions. Its weak spot has been the browser extension, which was hacked in December 2025 for about $8.5 million. Keep the app and extension updated, protect your recovery phrase and use a hardware wallet for large balances.

Is Trust Wallet a scam?
No. Trust Wallet is a legitimate wallet launched in 2017 and owned by Binance since July 2018, with more than 200 million downloads, according to the company. Scam reports almost always involve impersonators, such as fake support numbers, cloned apps, fake extension pages and phishing sites. Download it only from trustwallet.com, the Apple App Store or Google Play, and never share your recovery phrase.

Can Trust Wallet be hacked?
Yes, and it has happened through the browser extension. On December 24, 2025, attackers used a leaked Chrome Web Store API key to publish a malicious version 2.68 that drained about $8.5 million from 2,520 addresses. In 2023, a wallet generation flaw cost users about $170,000. The mobile app was not affected, and Trust Wallet pledged reimbursement both times.

Who owns Trust Wallet?
Binance owns Trust Wallet. It bought the wallet in July 2018, a year after developer Viktor Radchenko launched it. Trust Wallet still works as a separate self-custody app: your coins sit on the blockchain under keys stored on your device, not in Binance exchange wallets. That is why exchange problems, such as the October 2026 Binance hack, do not directly reach Trust Wallet balances.

Does Trust Wallet have a customer service phone number?
No. Trust Wallet does not offer phone support, so any “Trust Wallet support number” is a scam, including numbers posted in documents that look official. Real help comes through the help center, a 24/7 in-app chatbot that can pass cases to human agents, and verified social media accounts. Trust Wallet support will never contact you first or ask for your recovery phrase.

Is Trust Wallet a cold wallet?
No. Trust Wallet is a hot wallet that stays connected to the internet. For cold storage, connect the Trust Wallet browser extension to a Ledger hardware wallet, which keeps your keys offline while you use Trust Wallet’s interface. Keep only the funds you use regularly in the hot wallet and move long-term savings to a hardware device.

How much does Trust Wallet charge?
Trust Wallet is free to download, hold, send and receive crypto; you pay only the blockchain’s network fee. In-app swaps can add a Trust Wallet fee and provider costs, all shown in the quote before you confirm. Buying and selling run through providers such as MoonPay and Ramp, which set their own fees. Eligible staked asset swaps carry a 0% Trust Wallet fee since September 2026.

Can you buy XRP on Trust Wallet?
Yes. You can buy XRP in the app through a provider using a card, Apple Pay, Google Pay or bank transfer, and it lands in your own XRP Ledger address. The XRP Ledger requires every account to keep a 1 XRP reserve, which stays locked. When you send XRP to an exchange, always include the destination tag, or the deposit may go missing.

Can you buy and sell Bitcoin with Trust Wallet?
Yes. Trust Wallet supports Bitcoin alongside Ethereum and more than 100 other blockchains. You can buy BTC through providers such as MoonPay, Ramp or Transak, and sell it through partners such as Ramp or MoonPay where they operate in your country. Many users instead send Bitcoin to an exchange, sell it there and withdraw to a bank, which can cost less.

Is Trust Wallet better than MetaMask?
It depends on how you use crypto. Trust Wallet supports more than 100 blockchains out of the box, which suits people with assets on many networks and mobile users. MetaMask has deeper tooling for Ethereum and EVM apps, and since 2025 it also supports Solana and Bitcoin natively. Ethereum-heavy DeFi users often prefer MetaMask, while multi-chain holders often prefer Trust Wallet.

What are the disadvantages of Trust Wallet?
The main drawbacks are the browser extension’s two security incidents, the lack of phone support, which scammers exploit, and the fact that it is a hot wallet. In-app swaps and card purchases can cost more than trading directly on a DEX or exchange, some users dislike its Binance ownership, and support for 24 smaller networks ended in September 2026.

What is TWT and do you need it to use Trust Wallet?
TWT is Trust Wallet’s utility token on BNB Smart Chain, launched in 2020. Trust Wallet says it is used for its Trust Premium loyalty program, fee discounts, paying gas fees through FlexGas and community votes, and that it gives no ownership or dividends. You do not need TWT to use the wallet. Its price moves with the market like any other token.