A head-to-head comparison of Trust Wallet and Rainbow Wallet — 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 beautiful Ethereum wallet with the best NFT display and Layer 2 UX
These are the 2 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Trust Wallet | Rainbow Wallet |
|---|---|---|
| Hardware Wallet Support | No | Yes |
| Non Evm Chains | Yes | No |
| Feature | Trust Wallet | Rainbow Wallet |
|---|---|---|
| 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
Rainbow Wallet
Free
Watch out: Binance ownership raises data privacy concerns despite non-custodial architecture.
Watch out: EVM-only — no Solana, Bitcoin, or Cosmos support.
Rainbow Wallet edges ahead on our editorial score (4.4/5), 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 Rainbow Wallet when best-designed crypto wallet — award-winning ui that makes managing assets enjoyable 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 Rainbow Wallet means evm-only — no solana, bitcoin, or cosmos support.
Rainbow Wallet carries the higher editorial rating (4.4/5 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. Rainbow Wallet wins when best-designed crypto wallet — award-winning ui that makes managing assets enjoyable.
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 Rainbow Wallet, evm-only — no solana, bitcoin, or cosmos support. 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 Rainbow Wallet on best-designed crypto wallet — award-winning ui that makes managing assets enjoyable, the two are often complementary rather than mutually exclusive.