Is Trust Wallet Safe? A Complete Guide to Securing Your Crypto

Even though Sam was excited, nervous, and hadn’t a clue about crypto, he entered it for the first time. Like most beginners, he downloaded Trust Wallet since it was free, had excellent reviews, and supposedly provides one with control over their digital assets. Apparently, there are a lot of features that Trust Wallet supports which include multi–currency support, support for NFTs, and built–in crypto purchase options making it convenient for both the beginners and pro users. But a little while after sending some Ethereum to it, Sam began to wonder: was this really safe?
For this guide, we will take Sam’s journey and answer the same question you may be asking yourself: is Trust Wallet safe?

VeePN Research Lab

May 5, 2025

8 min read

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Introduction to Trust Wallet

Trust Wallet is a platform that is simple to use as a user gets to store, send and receive the cryptocurrencies in a safe and secure way. Given it is a decentralized wallet, Trust Wallet allows users to keep full control over their private keys, meaning an extra protection against vulnerable centralized attacks for an extra peace of mind. Trust Wallet is not only user-friendly, but it is also popular amongst crypto users due to the robust security features it provides.

Understanding crypto wallets

Crypto wallets are a software program which allows users to store, send and receive digital currency (Bitcoin, Ethereum, etc.). They work by producing a pair, that is a public key to receive any funds and a private key to send funds. The Trust Wallet is a software wallet that offers user control and ease of use, as well as any types of digital assets: non-fingible tokens (NFTs). This is a blockchain system that users can use to enjoy the security and flexibility that comes with the system by using the crypto wallet such as the Trust Wallet.

How does Trust Wallet work?

This implies that you are the only one to hold the private keys and consequently, you control your assets. Trust Wallet stands out with a multi-currency support, which makes it possible to add and manage a range of different cryptocurrencies and NFTs easily and securely. Trust Wallet is termed as a hot wallet, which is committed to being simple and easy to use, web3 capable and giving you access to dApps right from your mobile phone.

That sounds great, but that also means there is no ‘centralized authority’ to call when things go wrong. As such, Trust Wallet is not just a wallet, but offers security with trust, security, and control over crypto assets while at the same time providing users with the requisite information so that they can make smart decisions on their crypto activities.

Key security features of Trust Wallet

While Sam was navigating through the app, he found out that the app comes with a few built in security features:

🔐Sam made both biometric and PIN protection available, so nobody could get to his wallet unless they had his finger or a passcode.

🔐Trust Wallet never stores private keys on servers (local private key storage). Sam kept his keys on his device, giving him access to his private keys, and thus enhanced security.

🔐It is open source: The source code of the project is public, so it is audited and improved by the community as a whole.

🔐Later Sam learned that Trust Wallet can be integrated with cold wallets (like hardware wallets) providing even more safety.

🔐Trust Wallet is regularly subjected to security audits to identify and rectify any potential vulnerabilities to ensure the safety of users’ assets.

Private key management

Private key management is present with a crypto wallet like Trust Wallet. A private key is necessary to access and manage user’s funds and it should be safe and secure. Private keys and secret phrases should be kept safe so that no one can access them without authorization and they can’t be used for scammers. The advanced encryption standards are used to encrypt the user’s private keys, additionally users can enable extra security features such as, biometric authentication & two factor authentication in order to secure the account. Users take control of their private keys, and they are sure that their digital assets are safe and correct.

Seed phrase and recovery

Using a crypto wallet such as the Trust Wallet requires the seed phrase. It’s a kind of word used to help regain access to the wallet in case the user forgot his password or lost the access to his device. While setting up a new wallet, Trust Wallet generates a unique seed phrase for every user, and it is important to keep them stored in a secure place like a safe or in a secure note taking app. The seed phrase should not be shared with anyone as it can be used to access one’s funds without permission. Users can always regain access to their wallet and digital assets by keeping safe their seed phrase.

Crypto assets and storage

If you are looking for one of the most popular wallet options that feature a highly secure standard, then Trust Wallet is a way to go. The platform provides an interface that is easy to use, and the users can easily keep a track of their crypto assets on the go. All sorts of cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin to name a few are supported by Trust Wallet, which allows users to store all their digital assets in one secure place.

In order to achieve that, users can employ the Trust Wallet app which is available from the official Trust Wallet website, Apple App Store or Google Play Store for safe storage of crypto assets. Since the private keys are stored securely, they can escape any security breaches on their digital assets. An additional layer of security and peace of mind to the user is added because Trust Wallet is non custodial, which means users are in control of their private keys. It has robust security measures and a user friendly interface that makes it a great tool for handling digital assets securely.

The hidden risks

Sam came close to falling for a fake Trust Wallet site that promised a ‘wallet connect bonus’. Common risk is phishing attempts, so users also should verify that they are using the official Trust Wallet website.

👺Clicking on suspicious dApps from the in app browser can drain wallets in malicious dApps.

👺If the note was lost, the backup phrases were also lost. Sam once wrote his recovery phrase on a sticky note, which would have been a big mistake.

👺There’s no option to recover your account, as Trust Wallet doesn’t provide this functionality. Sam didn’t have a chance if he lost his phrase; his funds would be gone forever.

To prevent phishing scams, never download Trust Wallet that is not from the official website to avoid malicious software.

Real-life scares: Stories from the crypto community

Sam recounts online stories of users who lost everything to scams.

😪The man with the seed phrase mistakenly entered a phishing site.

😪A Twitter/X thread about a fake NFT mint that drained multiple Trust Wallets in one transaction.

Sam also realized that human error was the greatest threat, not the wallet. Besides transaction risks, operations and user access may be affected by regulatory risks as well, hence, users should assess them as part of the safety and legitimacy appraisal of a platform such as Binance.

Step by step guide to use Trust Wallet safely by Sam’s security checklist.

Sam made a checklist to keep safe:

☝️Store the recovery phrase offline in multiple safe locations and write it down.

☝️Never share the phrase with anyone, not even support staff.

☝️Do not use the wallet in public WiFi.

☝️Be wary of dApps you connect to and research them first.

☝️It is best to keep the app updated to patch potential vulnerabilities.

It is critical to enable security measures such as PIN or biometric authentication to safeguard access to your wallet.

And double layer security on his trust wallet account, Two Factor Authentication (2FA) and AES-256 encryption so that his wallet is secure against phishing attacks, and the security of his wallet is dependent by downloading from official sources and handling his passwords properly. To avoid security risks, download the official Trust Wallet app from reliable sources.

Why Sam uses a VPN with Trust Wallet

Sam understood that unencrypted systems were the dream of hackers, and navigating the complexities and scrutiny of the digital finance landscape, they were not useful. In order to protect himself and his crypto activities, Sam used VeePN for this extra layer of protection. As a result, that’s what he got:

✅His online activity was private, encrypted Internet traffic.

✅His identity remained masked over IP while interacting with dApps.

✅Public WiFi usage kept him safe while trading or staking crypto on the go.

Since Trust Wallet is non-custodial, he was in complete control of his private keys, which improved security while using a VPN.

Why Sam chose VeePN

In its Laptop Mag review of VeePN, it checked all the boxes. It was easy to install, worked over his devices and the servers were reliable and fast.

Sam was happy as VeePN provided:

🛡️No Logs policy

🛡️AES-256 encryption

🛡️DNS leak protection and Kill Switch

🛡️Global servers and fast speeds

And the best part? He only had one subscription covering his phone, tablet and laptop. Overall, it is safe to say that using a VPN with Trust Wallet offers many perks to increase security and privacy levels.

Set up VeePN with Trust Wallet

Download the VeePN app from the App Store or Google Play store.
Create an account and select a secure server location.
Enable the VPN and then open Trust Wallet.

You also can have protected trading. Get VeePN now and you’ll have a 30 day money-back guarantee!

Written by VeePN Research Lab VeePN Research Lab is dedicated to provide you latest posts about internet security and privacy.