Trust Wallet review
Last reviewed:
FlixoCrypt rating
Key facts
| Type | wallet-hot (Hot Wallets) |
|---|---|
| Trading fees | Maker n/a · Taker In-app swap/buy fees + gas |
| Withdrawal | Network gas only |
| Free to use | Yes |
| KYC required | No |
| Regulated | No / limited |
| Supported assets | any major token via custom networks (no fixed asset list) |
| Country availability | Global |
| Restricted regions | None listed |
| Affiliate commission | CPA · None (self-custody) |
| FlixoCrypt rating | 4.2 / 5 |
| Best for | Mobile users wanting one multi-chain self-custody wallet |
| Last verified | 2026-06-29 |
Overview
Trust Wallet is a popular multi-chain self-custody mobile wallet supporting a very wide range of blockchains including EVM chains, Bitcoin and Solana. It is beginner-friendly, free, and includes in-app buying, swapping and dApp browsing. It is owned by Binance, which some users weigh as a centralisation factor. Security relies on the user protecting their recovery phrase.
Availability
Trust Wallet is available in: Global. Always confirm availability for your country on the official site, as regional support changes. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
Pros
- Multi-chain support (EVM, Bitcoin, Solana, more)
- Beginner-friendly mobile app
- Self-custody and free
Cons
- Owned by Binance (centralisation concern for some)
- In-app buy/swap fees
- Mobile-first experience
Who it is for
- Best for: Mobile users wanting one multi-chain self-custody wallet.
- Avoid if: You want a hardware-grade security solution for large holdings.
Verdict
A versatile multi-chain mobile wallet for beginners; use cold storage for large balances.
User reviews
Real reader reviews — separate from FlixoCrypt's own editorial rating above. Every submission is moderated before it appears here.
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Related
Trust Wallet FAQ
What is Trust Wallet? +
Trust Wallet is a popular multi-chain self-custody mobile wallet supporting a very wide range of blockchains including EVM chains, Bitcoin and Solana. It is beginner-friendly, free, and includes in-app buying, swapping and dApp browsing. It is owned by Binance, which some users weigh as a centralisation factor. Security relies on the user protecting their recovery phrase.
Is Trust Wallet safe? +
Trust Wallet is lightly regulated or non-custodial. No protocol breach; a 2022–23 browser-extension vulnerability was patched. User risk is phishing/seed theft. As with any platform, use strong security and only hold what you need on it.
Does Trust Wallet require KYC? +
No — KYC is not required (non-custodial or minimal verification), which shifts custody and compliance responsibility to you.
What are Trust Wallet's fees? +
Trust Wallet fees: maker n/a, taker In-app swap/buy fees + gas; withdrawals: Network gas only. Always confirm current fees on the official site, as crypto fees change often.
Is Trust Wallet available in my country? +
Available globally, with some regional restrictions. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
What is Trust Wallet best for? +
Mobile users wanting one multi-chain self-custody wallet.
When should you avoid Trust Wallet? +
Avoid Trust Wallet if: You want a hardware-grade security solution for large holdings.
What are the main pros and cons of Trust Wallet? +
Pros: Multi-chain support (EVM, Bitcoin, Solana, more); Beginner-friendly mobile app; Self-custody and free. Cons: Owned by Binance (centralisation concern for some); In-app buy/swap fees; Mobile-first experience.
Is Trust Wallet regulated? +
No / limited. Self-custody software
When was this Trust Wallet review last verified? +
This review was last verified on 2026-06-29 against the official site.
Reviewed by Arjun Mehta
Editorial lead overseeing FlixoCrypt's research, sourcing and verification process
Last verified:
Sources
- Trust Wallet — official site — verified