Trust Wallet review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Trust Wallet is a mobile, self-custody wallet that keeps the keys on your own device, which suits anyone holding crypto long term rather than trading it daily. It is open source, supports a coin list starting at from 300, and has been running since 2017.
Key facts
- Best for
- Holding crypto in self-custody on a phone, with a wide coin list and no custodian holding the keys.
- Wallet type
- Mobile↗
- Custody
- Self custody↗
- Coins supported
- from 300↗
- Open source
- Yes↗
- Backup options
- Seed↗
- Founded
- 2017↗
- Support channels
- Email↗
- Features
- Self-custody
- Official website
- trustwallet.com
Facts checked September 26, 2026, 3 sources
Pros and cons
Pros
- Custody is self custody, so the wallet holds keys on your own phone, while eToro and Bitpanda run custodial and custodial setups.
- Open source code means anyone can read the software that guards your keys.
- Coin support starts at from 300, while the median wallet in the category listing supports 50.
- Mobile is the dominant form in the category at 67.8%, and this app matches that shape.
Cons
- Support runs on email only, so a stuck transaction or a lost phrase has no live channel to turn to.
- It is a mobile wallet, so the keys sit on a phone that can be lost, wiped or stolen, with no offline device in the same setup.
- Recovery rests on a seed phrase, so one lost copy can leave the funds unreachable.
Who it suits
- Long-term holders who want their own keys and self custody rather than a balance sitting with a provider.
- People who read code and check releases, since the wallet is open source.
- Readers who hold a broad spread of assets, since coin support starts at from 300.
Who should look elsewhere
- Not Trezor users who want a hardware device kept away from a phone, since this is a mobile app.
- Not eToro customers content with custodial accounts, where a provider holds the keys and no seed phrase is needed.
- Not Bitpanda users who want a custodial balance and help beyond email.
How Trust Wallet compares
8.9 vs 9.1
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 8.5
8.9 vs 9.4
8.9 vs 8.7
8.9 vs 9.2Runs a custodial setup, so the provider holds the keys and you never handle a seed phrase.
8.9 vs 8.7
8.9 vs 9.3
8.9 vs 9.0
8.9 vs 9.5
8.9 vs 9.0Listed as hardware, so it suits anyone who would rather keep keys on a device than on a phone.
8.9 vs 8.6
8.9 vs 8.5
8.9 vs 8.3
8.9 vs 9.6
8.9 vs 9.5
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 8.9
8.9 vs 8.8
8.9 vs 8.7
8.9 vs 8.6
8.9 vs 8.5
8.9 vs 8.4- 8.9 vs 8.0
Where Trust Wallet is available
- Available
- Everywhere except Belarus, Cuba, Iran, North Korea, Russia, Syria
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Who holds the crypto in Trust Wallet?+
Trust Wallet runs on self custody, meaning the keys sit on your own phone rather than on an account at a provider. Self-custody is also listed as a headline feature: self custody. That is the opposite of eToro, where the setup is custodial, so no provider can move coins for you or restore access on your behalf.
How many coins can Trust Wallet hold?+
Coin support starts at from 300, and that is a floor rather than a ceiling as assets are added. For context, the median wallet in the category listing supports 50 coins and the upper quartile reaches 392, so the list here runs well above the typical option.
What does Trust Wallet cost?+
Most wallets in the category listing are free, with a median price of €0 and an upper quartile of €0. Hardware options in the same listing reach €21,924.06, so cost separates device wallets from app wallets. With self custody, the charges to expect are network fees on each transfer.
How does a Trust Wallet backup work?+
Backups use a seed phrase, and that is the most common method in the category at 85%. Because the wallet is self custody, no provider holds a spare copy for you, so the phrase is the single route back into the funds. Keep a copy off the phone, especially with support limited to email.
What support does Trust Wallet offer?+
Support runs on email only, so readers who want a phone line or live chat should look elsewhere. Help centres are the most common support route in the category at 87.8%, with chat at 39.5%. With self custody, a phrase problem is one you solve yourself using your seed backup.
Is Trust Wallet a phone app or a hardware device?+
The wallet type is mobile, so the keys live on a phone and the interface is an app rather than a device. Mobile is the most common form in the category at 67.8%, with hardware at 9.5%. Trezor takes the other route and is listed as hardware.
Is Trust Wallet open source?+
Yes, the code that runs the wallet is open source, and 73.7% of the wallets in the category listing are too, so this is the norm rather than a rarity. That matters most with self custody, since you are trusting readable software to hold keys that no provider can reach.
How much money do retail crypto holders lose?+
Prices move whatever wallet you use, and across the market the median retail loss runs to 70.15%, with the lower quartile at 65.75% and the upper quartile at 74.5%. A wallet decides who holds the keys, not whether a coin rises. Self-custody here, self custody, protects access to funds rather than their value.
Sources
- trustwallet.com/en/about-us checked September 26, 2026
Backs: Founded
“Founded 2017”
- trustwallet.com/en/buy-crypto checked September 26, 2026
Backs: Coins supported
“Buy Crypto Instantly - Bitcoin, Ethereum, USDT (300+ Coins) | Trust Wallet”
- trustwallet.com/en/terms-of-service checked September 26, 2026
Backs: Backup options, Custody, Features, Open source, Support channels, Wallet type
“You bear exclusive responsibility for the preservation and security of your private key and any mnemonic phrase ("Secret Phrase") related to your wallet.”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Price.
Related by the facts
Trust Wallet
Holding crypto in self-custody on a phone, with a wide coin list and no custodian holding the keys.