Since Binance scooped up Trust Wallet in 2018, it’s exploded into a favorite for mobile crypto users—and for good reason. It handles 70+ blockchains, lets you stake coins directly in-app, and even has a built-in gateway to DeFi (no extra extensions needed). But as scams get slicker and wallets get smarter, we had to ask: Does it still hold up?
We threw real money at it—testing Ethereum swaps, BNB Chain staking, and Polygon NFT transfers—while poking at its security claims. The verdict? It’s great for beginners (and Binance fans), but power traders might hit walls. Here’s why.
Specs
Type: Non-custodial Mobile Wallet
Supported Platforms: iOS, Android
Browser Extension: Yes (Chrome & Chromium-based)
Supported Blockchains: 70+ including Ethereum, BNB Chain, Bitcoin, Solana
Token Support: ERC-20, BEP-2, BEP-20, and more
Staking Available: Yes (BNB, ATOM, TRON, etc.)
DApp Browser: Yes
Hardwre Wallet Support:: No
Backup Method: Seed Phrase
Native Token: None
Open Source: Partially (some repos available on GitHub)
Pros
Supports 70+ blockchains including Ethereum, BNB Chain, Polygon, Solana, and more
Built-in DApp browser for seamless Web3 interaction
Simple user interface great for beginners
Non-custodial — you control your keys
Staking support for select tokens (e.g., BNB, ATOM)
Native integration with WalletConnect
Mobile-first with decent performance on both iOS and Android
Cons
No native desktop app — mobile only
Lack of detailed transaction history
Not open-source (core app is partially closed)
Support can be slow or limited for complex issues
Limited NFT support compared to newer wallets
Crypto wallets aren’t just digital piggy banks anymore—they’re your lifeline to everything Web3. For years, Trust Wallet has been the default choice for mobile users, thanks to its dead-simple setup and Binance backing.
But let’s be real: the competition’s heating up. New wallets promise tighter security, lower fees, and slicker interfaces, while hacks and scams keep making headlines. So we put Trust Wallet through its paces—testing swaps, staking, and security across Ethereum, BSC, and Solana—to answer one question:
Is it still the best mobile wallet… or just riding on old hype?
No sponsored takes. No sugarcoating. Just 30 days of real usage and unfiltered verdicts. Here’s what we learned.
Key Specifications – Trust Wallet Review 2025
Feature
Details
Type
Non-custodial (you own keys)
Platforms
iOS, Android
Supported Chains
100+ (EVM, Cosmos, Solana, etc.)
Staking
Yes (ETH, BNB, ATOM, etc.)
Swap Fees
~0.5–1% (via DEXs)
Security & Performance Tests
1. Wallet Setup & Security
Seamless onboarding: No KYC, 12-word seed phrase + biometrics in <2 mins. (9/10)
Keys stay local: No cloud backups (good for purists), but no hardware wallet support hurts security.*(7/10)
Sending/receiving: Flawless on BNB/MATIC, slow on ETH. Fee estimates accurate but no advanced gas controls. (8/10)
Swaps: Powered by 1inch. Fast on BNB/Polygon, but ETH swaps costly with occasional slippage. (7.5/10)
3. Critical Vulnerabilities
Seed phrase exposure: Confirmed no clipboard hijacking or screen recording leaks.
DApp risks: Malicious contracts can still drain funds—no built-in scam warnings.
4. Scores at a Glance
Category
Score
Verdict
Setup & Onboarding
9/10
Best for beginners
Security
7/10
Lacks hardware wallet ties
Swaps
7.5/10
Avoid for ETH trades
Trust Wallet vs. Competitors
Feature
Trust Wallet
MetaMask
Exodus
Mobile-Optimized
✅ Yes
❌ No
✅ Yes
Built-In Staking
✅ Yes
❌ No
✅ Yes
Desktop Support
❌ No
✅ Yes
✅ Yes
Swap Fees
❌ High (~1%)
✅ Medium
❌ High
Final Verdict
Trust Wallet is still one of the best mobile wallets — especially for multi-chain users who want everything in one place. It’s easy to use, fast, and loaded with features. But if you want live support, hardware wallet integration, or deeper staking control, you’ll need a more advanced option.
Who Should Use Trust Wallet
Best for: Beginners and mobile users who want all-in-one access to DeFi/staking.
Watch out for: High ETH gas fees, limited support, no hardware wallet compatibility
