Trust Wallet
Trust Wallet is a popular non-custodial mobile cryptocurrency wallet that allows users to store, send, receive, and manage a wide range of cryptocurrencies securely. It supports Bitcoin and thousands of other digital assets across multiple blockchains. Trust Wallet gives users full control of their private keys and funds while providing a simple and user-friendly interface.
Features:
Multi-Currency Support
Private Key Ownership
DApp Browser
Good
Acceptable
Caution
Not applicable
Hosted control over your money
This wallet gives you full control over your private keys and cryptocurrencies. Your private keys are stored locally on your device and are not stored on Trust Wallet servers. This means only you can access and control your funds as long as you keep your recovery phrase safe.
Decentralized validation
This wallet connects to blockchain nodes to broadcast and verify transactions. Some trust in external nodes is required to retrieve blockchain information, which means it is not as independently secure as running a full node like WhiteBitcoin Core.
Basic transparency
Trust Wallet is open source, and its code is publicly available for developers to review and audit. This allows the community to verify how the wallet works and identify potential security issues.
Secure environment
Trust Wallet runs on mobile devices where applications are generally sandboxed from one another. This provides reasonable protection against malware, although mobile devices can still be lost or stolen. Users should enable device encryption and securely store their recovery phrase.
Basic privacy
Prevents spying on your payments
Trust Wallet allows users to generate new receiving addresses for better privacy. Using a new address for each transaction helps reduce the ability of others to track your payment history.
Discloses information to a third party
When using blockchain explorers or certain services integrated in the wallet, some information such as IP address or transaction data may be visible to third-party service providers.
Tor not supported
Trust Wallet does not natively support Tor connections to hide the user’s IP address when broadcasting transactions.
Dynamic fee with override
Trust Wallet provides automatic fee estimation based on current network conditions. Users can also manually adjust transaction fees if they want faster confirmations or lower costs.
