GoBear is now part of Finder

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Trust Wallet – Review

Should you trust this easy-to-use mobile wallet with your cryptocurrency?

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Trust Wallet?

Trust Wallet is a mobile wallet app that allows you to send, receive and store a wide range of cryptocurrencies. Designed with a focus on simplicity, this open-source wallet aims to provide a platform that’s easy and straightforward to set up and use.

Trust Wallet allows users to store private keys on their own device, an important security feature, and includes a backup facility for simple recovery. Other features include a built-in decentralised exchange through a partnership with Kyber Network, as well as a Web3 browser that allows you to interact with decentralised applications directly from the Trust Wallet app.

Compatible with:

Android 6.0 and up, iOS 13.0 or later.

How much does it cost?

Trust Wallet is free to download from Google Play and Apple’s App Store.

Which currencies can I store?

Trust Wallet supports all major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and many more.

How do I add currency to my wallet?

To add currency to Trust Wallet, follow these steps:

  1. Log into your wallet.
  2. Tap “Receive”.
  3. Scan the QR code or copy your wallet address.
  4. Use this address to transfer funds into your wallet.
  5. Tap the “Transactions” tab to review the transaction history for your wallet and confirm that the funds have arrived.

How do I make payments with my Trust Wallet?

If you want to make a payment from Trust Wallet, complete the following steps:

  1. Log into your wallet.
  2. Tap the “Send button”.
  3. Paste your recipient’s wallet address in the field supplied or scan the relevant QR code.
  4. Specify the amount you want to send and tap “Next”.
  5. Review transaction details, including gas price.
  6. Tap “Send”.

How secure is Trust Wallet?

Trust Wallet offers a number of security features to help protect your crypto holdings against hacking and theft. These features include:

  • Private key. You’re not required to store your private key on Trust Wallet servers but instead get to store the key locally on your device.
  • Anonymity. You can download, install and setup Trust Wallet without having to provide any personal details. Trust Wallet also promises to never store any of your private data.
  • Open source. You can review Trust Wallet’s code online, while the app has also been audited by security experts Stateful.
  • Backup facility. By backing up your Trust Wallet during the setup process, you can restore your wallet from an encrypted file in less than 30 seconds.

Where can I get Trust Wallet?

  • Android app: Google Play
  • iOS app: Apple App Store

Pros and cons


  • Free download
  • Store a wide range of cryptocurrencies
  • Simple and convenient to use
  • You retain control of your private keys
  • Allows staking and earning returns on held crypto-assets
  • Available for both iOS and Android devices

  • Will never be as secure as a hardware wallet


Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site