Trust Wallet on signing clarity
7.8/ 35% of the score
Displays transaction details with some scam warnings; simulation is less detailed than the leading EVM wallets.
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Best Self-Custody Wallets · Rank 08 of 8
Mobile-first users who want the widest chain list
Last verified August 14, 20264 scored axes
Documented, with gaps
Trust Wallet scores 8.2 out of 10 and ranks #8 of 8 in the best self-custody wallets table, strongest on coverage (9.4) and weakest on key handling (7.8).
Supports more chains and tokens than anything else on mobile, which is genuinely useful if you hold assets outside the majors. Owned by Binance, and the interface routes toward the parent company's services.
4 axes, weighted as published in the table’s methodology. Each score below is read from the fact printed under it.
7.8/ 35% of the score
Displays transaction details with some scam warnings; simulation is less detailed than the leading EVM wallets.
7.8/ 25% of the score
Keys are held locally and encrypted with optional cloud backup; the app discloses its ownership by Binance.
8.2/ 20% of the score
Core wallet components are published under an open licence.
9.4/ 20% of the score
Widest chain and token coverage on mobile; swaps route through integrated providers with a disclosed fee.
Chain and token coverage is the widest on mobile by a distance, which matters for anyone whose holdings extend past the majors into networks other wallets ignore. Core wallet components are open source, and onboarding is simple enough for a first-time user.
Transaction details and some scam warnings are shown, but simulation is less detailed than in Rabby or Phantom. On a mobile screen, where approvals are tapped quickly, that gap matters more than it would on desktop.
Binance owns Trust Wallet, which the app discloses, and the interface routes toward affiliated services. Nothing improper about that; it is simply a reason to check quotes elsewhere before using the built-in swap, which routes through integrated providers with a disclosed fee.
Mobile-first holders with a long tail of assets, who pair the wallet with a hardware signer for anything substantial.
Keep it for the assets nothing else supports, connect a hardware signer where the chain allows it, and check swap quotes against an aggregator before accepting the in-app rate. Wide coverage is the reason to be here; it is not a reason to hold size in a hot mobile wallet.
Approval prompts on unfamiliar dapps, since the simulation shown is thinner than in the leading EVM wallets and mobile taps are quick.
Keys are held locally and encrypted with optional cloud backup, and core components are open source. Its signing prompts are less informative than the best in class, which is the practical risk on mobile.
Binance, which the app discloses. The interface steers toward affiliated services, so compare swap quotes before accepting the in-app rate.
More than any other mobile wallet we rank — its coverage of long-tail networks and tokens is the main reason to choose it.
8 services in best self-custody wallets