A head-to-head comparison of Trust Wallet and Phantom — pricing, the features that actually differ, and which one fits which use case.
The most used mobile crypto wallet — 100+ blockchains in one open-source, non-custodial app
The most popular Solana wallet, now multichain with Bitcoin, Ethereum, and Base support
These are the 1 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Trust Wallet | Phantom |
|---|---|---|
| Hardware Wallet Support | No | Yes |
| Feature | Trust Wallet | Phantom |
|---|---|---|
| Self Custody | ✓ | ✓ |
| Hardware Wallet Support | ✗ | ✓ |
| Evm Chains | ✓ | ✓ |
| Non Evm Chains | ✓ | ✓ |
| Mobile App | ✓ | ✓ |
| Browser Extension | ✓ | ✓ |
| In App Swap | ✓ | ✓ |
| Nft Support | ✓ | ✓ |
| Snaps Extensibility | ✗ | ✗ |
| Multi Sig | ✗ | ✗ |
Both tools are free to use — costs come from network or usage fees.
Trust Wallet
Free
Phantom
Free
Watch out: Binance ownership raises data privacy concerns despite non-custodial architecture.
Watch out: 0.85% swap fee is higher than using Jupiter directly.
Phantom edges ahead on our editorial score (4.6/5), but these tools aren’t straight substitutes. Pick Trust Wallet when 100+ chains natively — widest blockchain coverage of any consumer wallet matters most to your workflow; pick Phantom when best solana wallet ux — handles compressed nfts, staking, and defi seamlessly is the priority. The deciding factor is usually the trade-off you can least afford — Trust Wallet means accepting that binance ownership raises data privacy concerns despite non-custodial architecture, while Phantom means 0.85% swap fee is higher than using jupiter directly.
Phantom carries the higher editorial rating (4.6/5 vs 4.3/5), but they solve different problems. Trust Wallet is the stronger pick when you need 100+ chains natively — widest blockchain coverage of any consumer wallet. Phantom wins when best solana wallet ux — handles compressed nfts, staking, and defi seamlessly.
Both tools are free to use, with costs coming from network or usage fees rather than subscriptions.
Trust Wallet's main limitation is that binance ownership raises data privacy concerns despite non-custodial architecture. For Phantom, 0.85% swap fee is higher than using jupiter directly. Weigh these against how you actually plan to use the tool.
In most cases yes — many teams run both, using each where it's strongest. Since Trust Wallet leads on 100+ chains natively — widest blockchain coverage of any consumer wallet and Phantom on best solana wallet ux — handles compressed nfts, staking, and defi seamlessly, the two are often complementary rather than mutually exclusive.