Trust Wallet Review (October 2026): Fees, US States and Licenses

Best for: Multichain mobile self-custody

6.0/10

US access 20%9.0
Regulation 20%3.0
Security record 15%5.5
Cost 15%5.0
Range 10%4.5
Popularity 15%8.1
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins— Not verified
CustodyNon-custodial
App Store4.7 ★ · 199K

Our verdict

Trust Wallet is a self-custody wallet founded in 2017, offered on iOS, Android and as a browser extension. The US App Store listing cites support for 100+ blockchains and in-app buying and swapping. Its terms exclude only US-sanctioned jurisdictions. In December 2025 a compromised browser extension release caused about $7 million in losses, which Trust Wallet pledged to refund.

Pros

Terms exclude only US-sanctioned jurisdictions
100+ blockchains supported, per App Store listing
4.7 App Store rating from 199K ratings

Cons

Browser extension compromise cost users about $7M in 2025
Swap fee wording conflicts across official pages
No US entity or registration disclosed

Trust Wallet fees

Maker / taker: — Not verified
Simple buy: — Not verified
Volume tiers: Swap FAQ: no additional Trust Wallet service fee; provider and network fees are in the quote
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: Network fee only
Minimum deposit: — Not verified

Is Trust Wallet available in my state?

Trust Wallet's terms (last updated Jan 1, 2024) exclude only comprehensively US-sanctioned jurisdictions such as Cuba, Iran and North Korea, and the app is listed on the US App Store (checked Oct 5, 2026).

The list of states this platform serves is not verified yet.

Buy and staking features rely on third parties; state coverage not verified.

New York: — Not verified
ID check (KYC): No
Withdraw crypto: Yes
Funding: — Not verified

Is Trust Wallet regulated?

US operator: DApps Platform Software Services Ltd. (App Store seller)
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Other: Terms governed by Hong Kong law
Founded: 2017
Headquarters: — Not verified

How secure is Trust Wallet?

Proof of reserves: N/A (non-custodial)
Audits: — Not verified
Insurance: — Not verified

Incidents since 2019

2025hackDecember 2025: compromised browser extension version 2.68 led to about $7M in user losses; Trust Wallet pledged full refunds.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Trust Wallet

Spot
Staking
Self-custody wallet

Self-custody mobile wallet and browser extension with in-app swaps (including cross-chain), buying via partners, staking and DApp browser.

Apps: iOS, Android
Support: Help center

Trust Wallet FAQ

Is Trust Wallet regulated in the US?

US customers are served by DApps Platform Software Services Ltd. (App Store seller).

Can I withdraw crypto from Trust Wallet to my own wallet?

Yes. Trust Wallet lets US users send crypto to an external wallet.

Does Trust Wallet require ID verification?

No account or ID check is needed for on-chain swaps on Trust Wallet.

Alternatives to Trust Wallet

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.