Trust Wallet

Trust Wallet is a non-custodial mobile app owned by Binance, designed to let users store, send, and stake thousands of cryptocurrencies. Supporting DeFi access, NFTs, and in-app swaps, it has become one of the most popular wallets globally. For multichain swaps and a self-custody focus, ShapeShift offers a strong alternative.

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What Is Trust Wallet?

Trust Wallet is a mobile-first crypto wallet available on iOS and Android. It supports Bitcoin, Ethereum, Binance Smart Chain, and thousands of tokens across multiple blockchains. Beyond storing assets, it enables staking, dApp browsing, and NFT management, making it a versatile gateway into the decentralized finance ecosystem.

Is Trust Wallet Safe?

As a non-custodial wallet, Trust Wallet gives users full control of their private keys, enhancing security compared to exchange-based wallets. It includes biometric login and encrypted recovery phrase storage. However, risks remain, including phishing, malicious dApps, and the centralization concerns tied to Binance ownership.

Trust Wallet vs ShapeShift

While Trust Wallet provides broad token support and an integrated dApp browser, ShapeShift emphasizes transparency, open-source development, and multichain swaps. ShapeShift allows trading BTC, ETH, and other assets natively without centralized control. Users can also connect Trust Wallet to ShapeShift via WalletConnect for added DeFi integrations.