Cryptocurrency has become more popular in recent years, as investors have become more interested in the potential profits that can be made by trading digital assets.
However, investing in cryptocurrency can be a risky proposition, as the value of these assets can fluctuate wildly. This is why it is important to store your cryptocurrency in a safe and secure wallet.
Trust Wallet is one of the most popular cryptocurrency wallets available. It is a great Ethereum and ERC-20 token mobile wallet and is known for its security features and ease of use.
That being said, Trust Wallet has some downsides. For example, it is a hot wallet, which means it connects to the internet and is therefore somewhat susceptible to hacking attacks.
Additionally, Trust Wallet does not offer a desktop version, and while a mobile app means more convenience, not having a desktop variant can be a hindrance for some users, especially the desk-bound ones.
In this article, we will take a look at 15 of the best Trust Wallet alternatives. These wallets offer a variety of features and benefits that may appeal to different types of cryptocurrency investors.
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Best Trust Wallet Alternatives
1. MetaMask
MetaMask is a digital asset wallet that is designed to provide security and convenience for cryptocurrency investors.
It is a hot wallet like Trust Wallet, but it also offers a desktop version, which can be used to manage your MetaMask account and transactions.
MetaMask supports ERC-20 tokens in addition to Ethereum and it offers a variety of features that make it a popular choice for many cryptocurrency investors.
Some of the key features of MetaMask include:
- Security: MetaMask uses a variety of security features to protect your digital assets, including two-factor authentication and a built-in password manager.
- Convenience: MetaMask is available as a browser extension, which means it is easy to use and install. Additionally, it integrates with a variety of popular web browsers, including Google Chrome, Mozilla Firefox, and Brave.
- Support: MetaMask supports a wide range of digital assets, including Ethereum, Bitcoin, Litecoin, and more.
MetaMask is often compared to Trust Wallet. It is also an Ethereum and ERC-20 token mobile wallet, but it offers a few key differences that make it a viable alternative for some users.
For starters, MetaMask is a desktop wallet, which means it can be used on computers as well as mobile devices. This can be a major advantage for investors who prefer to manage their assets on a larger screen.
Then, MetaMask is compatible with hard wallets unlike Trust Wallet, so you can store your MetaMask account on a cold wallet for increased security.
2. Coinbase Wallet
Coinbase Wallet is a mobile wallet developed by Coinbase, one of the world’s largest cryptocurrency exchanges.
Coinbase Wallet was founded in 2012 and is one of the most popular digital wallets. Coinbase allows you to buy, sell, and manage your cryptocurrencies.
The wallet supports Ethereum, Bitcoin, Litecoin, Dogecoin, and more. Coinbase also offers a built-in exchange so you can easily convert your cryptocurrencies.
Key features of Coinbase Wallet include:
- Stores your Bitcoin, Ethereum, Litecoin, and ERC-20 tokens
- Allows you to buy, sell, and store cryptocurrencies
- Provides a built-in exchange to instantly convert between cryptocurrencies
- Enables you to send and receive payments in cryptocurrency
- Allows you to manage your Coinbase account from your mobile device
Coinbase claimed that it can be used on desktop unlike Trust Wallet, but this is only partly true as it only works via web browser extensions.
You can use Coinbase in all states in the USA except Hawaii.
Unlike Trust Wallet which is an independent wallet, but is associated with Binance, Coinbase operates as a crypto wallet and an exchange. So, it is more like a one-stop solution for buying, selling, and managing your digital assets.
It used to support only Bitcoin but now it supports Ethereum, Litecoin, and a host of other currencies.
Explore the best Coinbase alternatives here.
3. Luno Wallet
Luno is a mobile wallet that supports Bitcoin and Ethereum.
It offers a variety of features, including support for multiple currencies, security features, and an easy-to-use interface.
Luno was founded by a former Google engineer and has grown to become one of the most popular Bitcoin wallets in Europe.
It is very beginner-friendly, so you don’t have to be an expert in cryptocurrency to use it.
One area where Luno stands out from Trust Wallet and other crypto wallets is in terms of localization.
Luno Wallet is available in 40 different languages, making it one of the most accessible wallets for people around the world, but more than that, users can deposit and withdraw funds using their local bank account.
This makes it especially easy for those already used to traditional banking to get into Luno as quickly as possible.
Also, unlike Trust Wallet which is highly mobile-focused, Luno has a desktop version as well, allowing you to use it on any device you own.
The desktop experience is somewhat of a replica of the mobile app, so there is only a slight learning curve if you want to use both.
Explore: Best Bitcoin Alternatives
4. Exodus
Exodus was founded in 2015 by JP Richardson and Daniel Castagnoli in order to provide a more secure way to store and manage cryptocurrency.
It provides a built-in exchange that allows users to trade between different cryptocurrencies without having to leave their wallets.
It also supports over 100 different cryptocurrencies including Ethereum and all ERC-20 tokens.
Unlike Trust Wallet and others, the company has stopped positioning itself as ‘the most secure wallet’ and instead focuses on ease of use.
It has demystified the process of setting up and managing a cryptocurrency wallet by providing an intuitive user interface.
Also unlike Trust Wallet, the Exodus Wallet is available for desktop as well as mobile devices.
Although it is still relatively new, it has gained a lot of popularity due to its designs and comprehensive features.
Users who are not seeking advanced crypto options are more inclined towards Exodus.
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5. Electrum
Electrum was launched in 2011 and was one of the first Bitcoin wallets available. It is a lightweight wallet that doesn’t require downloading the entire blockchain.
It is also one of the most popular Ethereum wallets. It supports multiple currencies, including Bitcoin, Litecoin, Dash, Ethereum, and Dogecoin.
Unlike Trust Wallet, Electrum also offers cold storage, which means that your private keys are stored offline and are never exposed to the internet. This makes it much more secure than hot wallets.
Its key features include:
- No downtime on decentralized servers
- No third party can freeze or lose your funds
- You are in full control of your private keys
- Supports multiple currencies
- Lightweight and fast
Electrum utilizes storage space and bandwidth more efficiently than other wallets, making it ideal for users with limited resources.
It doesn’t need to download the entire blockchain which can take a lot of time, because it uses SPV (Simple Payment Verification) technology.
This allows it to verify transactions without having to download the entire blockchain.
Unlike Trust Wallet, it is available for Windows, Linux, and Mac. It is also available on Android through Google Play, but unfortunately, iOS users cannot get Electrum.
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6. Edge Wallet
Edge Wallet is a mobile wallet that supports Bitcoin, Ethereum, and Litecoin. It offers a variety of features, such as support for multiple currencies, PIN protection, and support for Segregated Witness (SegWit).
Edge Wallet is also one of the few wallets that support the storage of ERC-20 tokens. It also encrypts your information and stores it on your device, so you don’t have to worry about losing your data if you lose your phone.
The application is available to download for free on your smartphone and you won’t be charged any transaction fees when you receive crypto to your wallet.
However, you will pay a token when you send out money from your wallet. This money is not remitted to the company, but it is used to pay for the gas fees associated with Ethereum transactions.
Edge has a clean interface that makes it easy to use, even for first-time users.
While Trust Wallet is a standalone wallet that is not connected to any blockchain network, Edge, on the other hand, is a connected wallet that allows you to interact with multiple blockchain networks.
Another advantage that Edge has over Trust Wallet is that it supports more currencies.
Like Trust Wallet, Edge is strictly a mobile wallet and does not have a desktop or web interface.
7. Robinhood
If you’re looking for a Trust Wallet alternative that offers a commission-free trading experience, Robinhood is a great option.
This mobile wallet allows you to buy and sell cryptocurrencies, as well as stocks, ETFs, and options. Plus, you can track the real-time market data for each asset.
What started as a simple way to trade stocks has quickly become one of the most popular investment apps. And with good reason – Robinhood is easy to use and provides a great user experience.
Plus, there’s no need to worry about security since Robinhood uses multiple layers of security, including biometric authentication and bank-level encryption.
It works differently from Trust Wallet in that everything is done through the Robinhood app. However, it still achieves the same goal of allowing you to buy, sell, and manage your investments.
Unlike Trust Wallet, Robinhood is available on desktop as well as mobile.
On Robinhood, cryptos are subjected to the same rules as other securities, so they are subjected to taxes under the same conditions.
During the tax session, when you go to sell your assets, the app calculates and reports your realized and unrealized gains/losses.
8. Mycelium
Mycelium has been around since 2013 and is one of the most popular Bitcoin wallets available. It offers a great variety of features, including built-in ShapeShift support, HD security, and an easy-to-use interface.
Like Trust Wallet, it is a mobile-only wallet, so you’ll need to use a different wallet if you want to store your Bitcoin on a desktop or laptop for now.
Mycelium does not support as many cryptocurrencies as Trust Wallet (just Bitcoin, Ethereum, and a few others), but it is still a great option for those looking for a feature-rich mobile wallet.
Moreover, it connects well with some hardware wallets like Trezor and Ledger Nano S, allowing you to use those devices to store your Bitcoin offline in “cold storage.”
It has a QR code scanner so that you can quickly and easily send or receive payments, and it also allows you to back up your wallet with a mnemonic seed phrase.
You can utilize your phone camera to scan a QR code or use the app’s built-in keyboard to type in a Bitcoin address manually.
The wallet provides pin protection for accessing your funds, transferring them, or sending payments.
It also has a ‘Watch Only’ feature, which lets you view your Bitcoin balance and transactions without having the private keys on your device.
This is useful for keeping an eye on your Bitcoin without putting yourself at risk of losing them if your phone is ever lost or stolen.
9. Binance Wallet
Binance Wallet is a mobile wallet for storing and managing your Ethereum, ERC-20, and BEP2 tokens.
Features:
- Supports multiple languages
- Allows you to buy, sell, and trade cryptocurrencies directly from the wallet
- Integrated with the Binance DEX exchange
- Offers a secure, non-custodial way to store your cryptocurrencies
The wallet lets you send and receive cryptocurrencies with ease. It uses the Binance Chain Browser plugin to interact with the Binance DEX exchange.
This extension also allows you to trade cryptocurrencies directly from the wallet. And you can authenticate and sign transactions without exposing your private keys.
Binance Wallet also opens you to a 24/7 crypto exchange and lets you swap and trade your digital token in real-time.
It has strong security features that include multi-factor authentication. Its multi-factor authentication adds an extra layer of security to your account.
This is required every time you want to log in or withdraw funds from your account.
Binance charges more on transactions than Trust Wallet, but this charge is for a good reason.
This is because Binance ensures your account against any potential hacks, and in the unfortunate event that anything happens to the platform, there is a chance that you will be well compensated.
10. Blockchain Wallet
Blockchain Wallet is no doubt one of the oldest and most popular wallets in the market. And it offers one of the simplest ways to buy, store, and use Bitcoin and Ethereum.
The company has always had a strong reputation for security, and it uses state-of-the-art security features like two-factor authentication and a host of other security measures.
Even still, in 2016, it still upgraded to a multi-signature security feature to ensure that user funds are even more secure.
The wallet also has a very active development team that is always looking for ways to improve the wallet and make it more user-friendly.
Its non-custodian wallet means that only you have control over your funds.
Another great thing about Blockchain Wallet is that it doesn’t collect any user data, which means your privacy is well protected.
Like Trust Wallet, Blockchain Wallet is also open-source which means that its code is available for anyone to review and audit.
Blockchain Wallet users can conduct transactions off-chain. This way, they can skip long waiting times and bogus transaction fees without ever having to worry about the security of their funds.
Unlike Trust Wallet, Blockchain Wallet supports desktop as well as mobile devices running on Android and iOS.
11. AtomicDEX
AtomicDEX is an atomic swap-based decentralized exchange that allows you to trade tokens.
The app was built by open-source techie Komodo Platform and is available for both Android and iOS devices.
The main advantage of AtomicDEX is that it’s a non-custodial exchange, which means you control your private keys and have full ownership of your funds.
Furthermore, the platform supports a large number of tokens and is constantly adding new ones.
It offers a variety of features, including a user-friendly interface, a secure wallet, and 24/7 customer support.
Some of the key benefits of using AtomicDEX include:
- User-friendly interface: The AtomicDEX interface is designed to be user-friendly and easy to navigate.
- Secure wallet: AtomicDEX offers a secure wallet that stores your private keys offline.
- 24/7 customer support: You can contact the AtomicDEX customer support team 24/7 if you have any questions or need assistance.
Because AtomicDEX is free and open-source like Trust Wallet, developers can create their own decentralized applications (dApps) on top of the platform.
This makes it an excellent choice for developers and power users who want to have full control over their funds.
Its cutting-edge exchange tech called Atomic swaps is designed to facilitate trustless peer-to-peer (P2P) trading without the need for a centralized third party.
In other words, it allows you to trade directly with another person without having to go through an exchange. This feature is not available on Trust Wallet
Also, its liquid pool multiplier feature allows you to trade with leverage of up to 100x.
AtomicDEX’s flexibility is only matched by its security. The platform uses end-to-end encryption to protect your data and comes with a host of security features, such as two-factor authentication (2FA).
12. Muun Wallet
Muun is a next-generation non-custodial wallet that offers a host of features and benefits, including support for multiple cryptocurrencies, a clean and user-friendly interface, and security features like two-factor authentication and multi-sig.
One of the standout features of Muun is its support for multiple currencies: you can store not only Bitcoin but also Ethereum, Litecoin, Bitcoin Cash, and a variety of ERC20 tokens.
Another great feature of Muun is its clean and user-friendly interface. The wallet is easy to use and navigate, and it provides all the information you need without being overwhelming.
13. Trezor
Trezor was the first cryptocurrency hardware wallet on the market and remains one of the most popular and trusted wallets available.
Trezor offers a variety of features including an OLED display, PIN protection, passphrase support, and more. Trezor is a great option for those looking for a secure and user-friendly hardware wallet.
It is a small device with an OLED screen that connects to your computer or phone via USB.
While Trezor is also more expensive than Trust Wallet than Trezor, the latter is a hardware wallet, while Trust Wallet is a mobile wallet. This means that Trezor is more secure, as it stores your cryptocurrencies offline.
14. Guarda
Guarda is a multi-currency mobile wallet that supports a wide range of digital assets, including but not limited to Bitcoin, Ethereum, Litecoin, and ERC20 tokens. Guarda also offers a desktop version and a web wallet.
Like Trust Wallet, it is open-source, which allows for transparency and security. Guarda also offers a built-in exchange so that you can easily swap between different cryptocurrencies.
One of the key features of Guarda is its ease of use. The user interface is clean and simple, making it an ideal choice for first-time crypto users.
In terms of security, Guarda uses a variety of measures to protect user data, including two-factor authentication and a host of encryption technologies.
15. Ledger Nano X
Ledger Nano X is a hardware wallet that allows you to store and manage your cryptocurrencies.
It is a secure and convenient way to store your tokens and provides a high level of security. It features an OLED screen and a built-in USB connector, allowing you to easily connect it to your computer.
It also supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.
From the security perspective, it features a secure chip that stores your private keys and encrypts your transactions.
It also offers a backup and recovery system, ensuring that you can always access your funds if you lose your device.
Since it’s a cold storage wallet unlike Trust Wallet, your tokens are offline and not vulnerable to hacks. Overall, Ledger Nano X is an excellent alternative to Trust Wallet.
Overall, Ledger Nano X is an excellent alternative to Trust Wallet and provides a great way to store and manage your tokens.
Conclusion
In a nutshell, Trust Wallet is an excellent mobile wallet for storing and managing your tokens.
However, should you require more features or benefits, there are many other great mobile wallets available that offer a variety of features and benefits.
Our top pick for the best Trust Wallet alternative is MetaMask for its ease of use, security features, and support for a wide range of cryptocurrencies.
