Introduction: When it comes to safeguarding your digital wealth, the choice of a cryptocurrency wallet is paramount. We have meticulously compared Trust Wallet vs Brave Wallet across support for blockchains and cryptocurrencies, unique features, wallet compatibility, security measures, and much more. Discover the perfect wallet that aligns with your needs!
Trust Wallet and Brave Wallet are two popular cryptocurrency wallets that offer users the ability to store, manage, and trade digital assets. Trust Wallet was founded in 2017 by Ukrainian entrepreneur Viktor Radchenko and quickly caught the attention of Binance, who acquired the company in 2018.
Trust Wallet Website
Trust Wallet is an open-source non-custodial wallet, giving users complete control over their funds and private keys. With over 60 million users worldwide, Trust Wallet supports more than 70 blockchains and 10 million digital assets, including Bitcoin, Ethereum, Solana, and many others.
Trust Wallet Cryptocurrencies
Trust Wallet is available on both mobile and browser, with over 10 million downloads on each platform. The wallet has received an excellent 4.5-star rating on Trustpilot based on 1.7 million reviews.
Trust Wallet App
On the other hand, Brave Wallet is a relatively new addition to the cryptocurrency wallet scene, launched in 2021 as a feature within the Brave Browser. Brave was created by Brendan Eich, the co-founder of Mozilla and the creator of JavaScript.
Brave Wallet Website
As an open-source browser, Brave offers enhanced privacy and security features. Brave Wallet allows users to store, manage, and buy multiple cryptocurrencies, participate in DeFi, and swap assets across various blockchains.
However, it is important to note that Brave Wallet is only available within the Brave Browser and cannot be downloaded on mobile or desktop as a standalone wallet. The wallet is currently being used by over 1 million Brave browser users worldwide.
Brave Wallet Portfolio View
While Trust Wallet boasts a significantly larger user base and wider range of supported blockchains and assets, Brave Wallet offers a unique integration with the Brave Browser, providing enhanced privacy and security features.
Trust Wallet vs Brave Wallet User Experience
Trust Wallet is a non-custodial wallet that offers a user-friendly interface, making it easy for users of all experience levels to use the app. Trust Wallet is available for download on Android and IOS, allowing users access to more blockchains and features than the browser wallet.
Trust Wallet Browser Extension
However, it is not available for download on desktop. Trust Wallet supports Chrome, Brave, Opera, and the Edge Browser. On the other hand, Brave Wallet is an integrated crypto wallet that offers a seamless experience for Brave browser users.
Trust Wallet Browser Support
It is quite basic overall but offers convenience as users don't have to download another wallet. Brave Wallet supports Ledger and Trezor for users who rely on hardware wallets. Both wallets are non-custodial, meaning users have complete control over their private keys and assets.
Brave Wallet Portfolio View
Trust Wallet vs Brave Wallet Features
Starting with Trust Wallet, it offers a wide range of products and services within the wallet. Users can easily swap between their assets using multiple third-party DeFi integrations such as Thorchain, Kyber Network, and 1inch.
Trust Wallet Dapps
Trust Wallet charges a 1% swap fee in addition to any third-party exchange fees. One notable feature is the Thorchain integration, which allows users to natively swap Bitcoin (BTC) to Ethereum (ETH) with low spreads and without using wrapped assets.
Trust Wallet Swaps
Trust Wallet is also open-source and supports NFTs on several blockchains including Ethereum, Solana, and Polygon. Users can store and manage their NFTs, view their NFT collections, and easily transfer them to other wallets or marketplaces.
Trust Wallet NFTs
Staking is another feature offered by Trust Wallet, with support for over 20 cryptocurrencies including BNB, ATOM, LUNA, OSMO, ALGO, and Tezos.
Trust Wallet Staking
Additionally, Trust Wallet has integrated with Binance Pay and Coinbase Pay, allowing users to buy cryptocurrencies within the wallet using fiat currencies and their card.
Trust Wallet Buy Crypto Credit Card
On the other hand, Brave Wallet, which is embedded within the Brave browser, offers a range of features tailored to the Ethereum and Solana communities. Users can facilitate in-app swaps using exchanges such as 1inch and Matcha, although there is a 1% fee applied to every swap transaction.
Brave Wallet Swaps
Brave Wallet is known for its transparency and open-source nature, giving users peace of mind. It also supports NFTs and allows users to connect to dApps on the Solana network.
In terms of supported cryptocurrencies, Brave Wallet offers support for thousands of cryptocurrencies, including prominent stablecoins like USDT and USDC, across several blockchains. While it predominantly caters to EVM-based chains such as Ethereum, Polygon, and Avalanche, it makes an exception for Solana.
Brave Wallet Blockchains
Cold storage enthusiasts will be pleased to know that Brave Wallet is compatible with trusted hardware wallets such as Ledger and Trezor. Furthermore, Brave Wallet seamlessly integrates with Uphold, enabling fiat-to-crypto purchases directly within the wallet interface.
Trust Wallet and Brave Wallet are two popular non-custodial wallets that prioritize user security and control over their crypto assets. While both wallets share the fundamental principle of decentralized storage of private keys, they differ in terms of features and approaches to enhancing security.
Trust Wallet as a non-custodial wallet, ensures that all private keys are stored in a decentralized manner across millions of devices. This distribution of assets offers a robust resistance to potential cyber-attacks, as it is much harder for hackers to breach the security of multiple devices compared to a central repository.
Trust Wallet Ledger Support
However, this also means that users are solely responsible for safeguarding their assets by securely storing their password and the critical 12-word mnemonic seed phrase. Failure to protect these essential components could result in potential loss of funds.
To further enhance security, Trust Wallet offers additional features such as two-factor authentication (2FA), robust backup solutions for private key recovery, and data encryption. These measures ensure that secret phrases and sensitive information are stored solely on the user's device, minimizing the risk of unauthorized access.
For users who prefer mobile devices, Trust Wallet also provides added security features such as Face or Touch ID, which directly connects assets to the user and eliminates the need for identity linking.
To continually improve security, Trust Wallet regularly undergoes audits by Stateful and offers bug bounties of up to $100,000 to hackers who can identify security issues.
By actively engaging with the security research community, Trust Wallet aims to stay ahead of potential vulnerabilities and address them promptly.
Brave Wallet, seamlessly integrated into the Brave browser, offers a unique approach to security. By ensuring users retain complete control over their private keys and funds, Brave Wallet eliminates dependence on third-party intermediaries.
This non-custodial design guarantees that users' assets are not stored on centralized servers, reducing the risk of potential breaches or theft. Brave Wallet enhances security by directly integrating with hardware wallets such as Trezor and Ledger, providing users with an additional layer of protection.
Brave Wallet Security
This integration allows users to securely store their assets offline and significantly reduces the risk of online attacks or phishing attempts. Furthermore, Brave Wallet actively guards against deceptive practices, such as phishing attempts and counterfeit websites, through its intrinsic integration with the Brave browser.
By seamlessly connecting the wallet with the browser, Brave Wallet minimizes the susceptibility to cyber threats and offers users a more secure browsing experience.
Trust Wallet vs Brave Wallet Conclusion
In conclusion, Trust Wallet stands out with its impressive user base of over 60 million users worldwide and support for more than 70 blockchains and 10 million digital assets.
Trust Wallet's integration with various third-party DeFi platforms, NFT support, and staking options make it a versatile and comprehensive wallet for cryptocurrency enthusiasts.
Additionally, its compatibility with popular browsers and availability on mobile devices allows for easy access and management of assets, although it lacks desktop support.
Brave Wallet, on the other hand, offers enhanced privacy and security features that are integrated seamlessly into the Brave Browser.
Its support for thousands of cryptocurrencies across multiple EVM-based blockchains and Solana, and compatibility with hardware wallets like Ledger and Trezor make it a reliable and secure option for users.
Trust Wallet is however the winner as it offers support for more blockchains, cryptocurrencies and features than Brave Wallet does.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.
