Trust Wallet
Trust Wallet is a self-custody, multi-chain cryptocurrency wallet founded in 2017 by Viktor Radchenko and acquired by Binance in 2018. It runs as a mobile app and a browser extension, holding your keys on your own device across Ethereum, BNB Chain, Solana, Bitcoin and more than a hundred other networks. Because it is non-custodial, nobody at Trust Wallet or Binance can move or recover your funds — which puts both the control and the responsibility on you.
- Founded
- 2017, by Viktor Radchenko2017 · source
- Owner
- Acquired by Binance in July 2018; operates as a self-custody Web3 wallet2018 · source
- Custody model
- Non-custodial (self-custody); keys and recovery phrase stay on your device
- Platforms
- iOS and Android app, plus a browser extension for Chrome and other browsers
Is Trust Wallet safe?
Trust Wallet is non-custodial, so its safety splits in two: the security of the software Binance ships, and the fact that only you hold the keys. On the software side the record is mixed. The mobile app has held up well, but the browser extension has twice been the weak point — a 2022 flaw in how it generated keys, and a December 2025 incident in which a malicious extension build reached the Chrome Web Store and drained wallets. Both are covered below; the practical lesson is to keep the extension updated only from official sources and to treat a hot wallet as a spending wallet, not a vault.
The larger day-to-day risk is not a wallet breach at all. "Trust Wallet scams" almost always mean phishing: fake support accounts, lookalike sites and messages that pressure you into typing your 12-word recovery phrase or approving a malicious transaction. Trust Wallet never asks for your recovery phrase, and no legitimate service ever will. Keep the phrase offline, read every approval before you sign it, and revoke token permissions you no longer use.
The Trust Wallet app
The Trust Wallet app is the core product: a self-custody wallet for iOS and Android that stores your keys locally and lets you hold, swap and stake assets across many chains, connect to decentralized apps, and browse NFTs. There is no account and no password reset in the traditional sense — you "log in" by unlocking the app on your device, and your recovery phrase is the only backup. Anyone who says you need to "verify" or "reactivate" a Trust Wallet login through a support agent is running a scam.
The browser extension mirrors much of the app for desktop use, but it has been the source of Trust Wallet's security incidents, so install it only from trustwallet.com or your browser's official add-on store and confirm the publisher before you load a wallet into it.
What is Trust Wallet?
Trust Wallet is a self-custody crypto wallet started in 2017 by Ukrainian developer Viktor Radchenko, originally as a simple mobile wallet for Ethereum tokens. Binance acquired it in July 2018 and it has since grown into a multi-chain wallet supporting more than a hundred blockchains, used by tens of millions of people.
Being self-custody is the defining fact about it: unlike a Binance exchange account, Trust Wallet gives you the private keys directly, so you are your own bank. That is the appeal for people who want to hold their own crypto — and the reason your recovery phrase, not a support line, is what stands between you and your funds.
Incident record
The Trust Wallet browser extension released on 14 November 2022 used the MT19937 pseudorandom generator in its WASM module, giving new wallets only 32 bits of entropy — around four billion possible keys, feasible to brute-force. Wallet addresses created with the extension between 14 and 23 November 2022 were exposed, and about $170,000 was stolen. Ledger's Donjon team reported it, Trust Wallet patched it on GitHub on 21 November, awarded a $100,000 bounty, and set up a reimbursement program with gas assistance for affected users. Mobile-app users and wallets imported from other apps were not affected.
On 24 December 2025 an unauthorized version 2.68 of the Trust Wallet browser extension was pushed to the Chrome Web Store outside the normal release process, most likely via a leaked Web Store API key. The build contained malicious code that transmitted seed phrases to an attacker-controlled domain and drained wallets of users who opened and unlocked the extension between 24 and 26 December. Trust Wallet confirmed roughly $7 million was impacted, suspended the malicious domain, expired its release API keys, and committed to refunding affected users. Only browser-extension v2.68 users were affe
In our ratings
Where we score Trust Wallet against its peers on open data. The number lives there, not here.
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Frequently asked
Is Trust Wallet safe?+
Trust Wallet is a non-custodial wallet whose mobile app has a solid record, but its browser extension has twice been the weak point — a 2022 key-generation flaw and a December 2025 malicious extension release, both of which drained affected users' funds and led to reimbursement. The everyday risk, though, is phishing: keep your 12-word recovery phrase offline, never share it, install the extension only from official sources, and read every transaction before signing.
Are "Trust Wallet scams" a hack of the wallet?+
Usually not. Most "Trust Wallet scams" are phishing — fake support accounts, lookalike sites and messages that pressure you into revealing your recovery phrase or approving a malicious transaction. Trust Wallet never asks for your recovery phrase. The genuine security incidents on record were the 2022 and December 2025 browser-extension issues, not the wallet asking for your seed.
How do I log in to Trust Wallet?+
There is no account login in the usual sense. You unlock the app or extension on your own device, and your 12-word recovery phrase is the only backup. Anyone asking you to "verify" or "reactivate" a Trust Wallet login through a support agent or website is attempting to steal your funds.
Who owns Trust Wallet?+
Trust Wallet was founded in 2017 by Viktor Radchenko and acquired by Binance in July 2018. It operates as a self-custody wallet, meaning that despite Binance's ownership, only you hold the private keys — Binance cannot move, freeze or recover your funds.
What changed
- 2026-09-28Profile created: founding and Binance ownership, self-custody model, the app and extension, and two confirmed browser-extension incidents (2022 key generation, December 2025 malicious release).