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Guarda Wallet vs Trust Wallet

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-25

A capable multi-platform wallet whose 2020 domain hijack exposed the real weakness: a login flow built on uploading your backup.

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

Verdict: Guarda Wallet

Guarda Wallet rates higher on our rubric: 3.0 against 2.9 for Trust Wallet.

Criterion
Editorial rating
Guarda Wallet
3.0
Trust Wallet
2.9

Guarda 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.

Guarda Wallet and Trust Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactGuarda WalletTrust Wallet
Editorial rating3.0 (favoured on this row)2.9
StatusAvailableAvailable
Made byGuardaTrust Wallet
PriceFree downloadFree download
Who holds the keysself-custodial, keys generated on your device and encrypted under a password you chooseself-custodial, keys generated on your own device and never held by Trust Wallet
Bitcoin-onlyNoNo
Runs oniOS, Android, Windows, macOS, Linux, Browser extensioniOS, Android, Browser extension
ScreenNot statedNot stated
ConnectivityNot statedNot stated
Released20172017
Countries on the maker's listNo published list228
Last reviewed2026-08-252026-08-25

Pros and cons, side by side

Guarda Wallet

What works

  • Guarda's CEO published a dated, detailed account of the 2020 attack, including the registrar's own logs
  • Runs on Windows, macOS, Linux, iOS, Android, a web app and a Chrome extension
  • Keys are generated locally and encrypted under your own password, and Guarda never holds them
  • Staking on 14 networks, multisig support and 24/7 live support, per Guarda's own site
  • Buying built in with cards and Apple Pay across a wide asset range

What to watch

  • The web and extension flow involves uploading your backup file, which is precisely what the 2020 phishing page was built to collect
  • The 2020 breakdown came through a domain registrar account, a dependency Guarda does not control and cannot audit
  • Third party perpetual futures and prediction markets now sit inside the wallet, which is more moving parts than holding bitcoin needs
  • The user, token and blockchain counts are Guarda's own figures, published on its own homepage
  • A hot wallet with no hardware signing of its own

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 Guarda Wallet or Trust Wallet better?

Guarda Wallet rates higher on our rubric: 3.0 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 Guarda Wallet and Trust Wallet free?

Yes, both are free to download. What differs is who holds the keys: Guarda Wallet is self-custodial, keys generated on your device and encrypted under a password you choose; Trust Wallet is self-custodial, keys generated on your own device and never held by Trust Wallet.

Is Guarda Wallet or Trust Wallet bitcoin-only?

Neither: both support assets beyond bitcoin. Guarda Wallet: Bitcoin plus more than 70 blockchains, by Guarda's own count. Trust Wallet: Bitcoin alongside Ethereum, Solana and hundreds of other chains and tokens.

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

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