Coinbase Wallet vs Trust Wallet

Comparing: two wallets
Decided by: Editorial rating
Last reviewed: 2026-08-26

Coinbase Wallet3.1

Coinbase's self-custody wallet is now Base App, and the product has moved its center of gravity to Base.

Trust Wallet2.9

Use the phone app, think twice about the extension: an attacker published a malicious build of it on December 24, 2025.

Verdict: Coinbase Wallet

Coinbase Wallet rates higher on our rubric: 3.1 against 2.9 for Trust Wallet.

Criterion: Editorial rating
Coinbase Wallet: 3.1
Trust Wallet: 2.9

Coinbase Wallet and Trust Wallet, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinbase Wallet and Trust Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Coinbase Wallet	Trust Wallet
Editorial rating	3.1 (favoured on this row)	2.9
Status	Available	Available
Made by	Coinbase	Trust Wallet
Price	Free download	Free download
Who holds the keys	self-custodial, keys held on your device, unlike the custodial Coinbase.com exchange account	self-custodial, keys generated on your own device and never held by Trust Wallet
Bitcoin-only	No	No
Runs on	iOS, Android	iOS, Android, Browser extension
Screen	Not stated	Not stated
Connectivity	Not stated	Not stated
Released	2018, relaunched under the Base App name	2017
Countries on the maker's list	No published list	228
Last reviewed	2026-08-26	2026-08-25

Pros and cons, side by side

Coinbase Wallet

What works

Genuinely self-custodial and separate from the custodial Coinbase.com exchange account
Backed by a large listed company with a real security team and a bug bounty
Apple Pay deposits and a familiar trading interface for people already using Coinbase
Holds bitcoin alongside Ethereum, Solana and Base assets in one app

What to watch

The product has been rebranded as Base App, so most reviews and guides describe an app that no longer looks like this
Built around Base and trading rather than around bitcoin, with no Lightning and no coin control
coinbase.com/legal/wallet now returns a 404, so there is no wallet-specific terms document to read
A hot wallet on a phone, with no secure element
The May 2025 support contractor breach put real customer names and addresses in criminal hands, which fuels convincing impersonation

Trust Wallet

What works

Keys are generated on your device, and Trust Wallet's terms describe it as non-custodial software rather than an account
The mobile apps were untouched by the December 2025 browser extension compromise
Trust Wallet published a dated timeline that names its own leaked publishing key as the way in
It decided to reimburse affected users voluntarily and put the process in writing
One app holds bitcoin alongside Ethereum, Solana and hundreds of other chains

What to watch

An attacker shipped a malicious build of the Chrome extension directly to users, so installing it means trusting a publishing pipeline that has failed once
Trust Wallet counts 2,520 affected addresses against over 5,000 reimbursement claims, and reviews them case by case with no published deadline
Keys sit on an internet connected phone, so this is a hot wallet: savings belong on a hardware wallet instead
Bitcoin is one chain among hundreds, and the interface is built around tokens and dapps rather than around bitcoin
The Earn feature is unavailable in 33 countries and territories, including the United States, the United Kingdom and most of the European Economic Area

Frequently asked questions

Is Coinbase Wallet or Trust Wallet better?

Coinbase Wallet rates higher on our rubric: 3.1 against 2.9 for Trust Wallet. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Are Coinbase Wallet and Trust Wallet free?

Yes, both are free to download. What differs is who holds the keys: Coinbase Wallet is self-custodial, keys held on your device, unlike the custodial Coinbase.com exchange account; Trust Wallet is self-custodial, keys generated on your own device and never held by Trust Wallet.

Is Coinbase Wallet or Trust Wallet bitcoin-only?

Neither: both support assets beyond bitcoin. Coinbase Wallet: Bitcoin, Ethereum, Solana and Base network assets, per the app's own sign-in page. Trust Wallet: Bitcoin alongside Ethereum, Solana and hundreds of other chains and tokens.

The full reviews: Coinbase Wallet and Trust Wallet, each with its sources, and every wallet we review.

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