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Cryptocurrency & Blockchain · head to head

Alchemy vs Trust Wallet

Alchemy logo

Alchemy

Cryptocurrency & Blockchain

The web3 development platform

From
Free
Rated
-
Full reviewWebsite
Trust Wallet logo

Trust Wallet

Cryptocurrency & Blockchain

The most trusted & secure crypto wallet

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Alchemy the free tier is capped at 30M compute units a month and 25 requests per second; Trust Wallet free self custody wallet with no vendor subscription, so any costs come from third party exchange or DeFi protocol fees rather than the app itself
  • They diverge on capability: Alchemy covers Node APIs, Trust Wallet covers Multi-chain Support.

Where they differ

Only the attributes on which Alchemy and Trust Wallet actually diverge.

Attributes where Alchemy and Trust Wallet differ
AttributeAlchemyTrust Wallet
Pricing modelfreemiumfree
PlatformsApi, WebIos, Android, Chrome

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain), founded (2017).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Alchemy

  • Node APIs
  • Enhanced APIs
  • NFT API
  • Webhooks
  • Mempool
  • 35+ chains
  • SDKs
  • Api support

Only in Trust Wallet

  • Multi-chain Support
  • dApp Browser
  • Staking
  • NFT Gallery
  • Token Swaps
  • 100+ blockchains
  • WalletConnect
  • Ios support

What people use each for

The jobs each tool is most often brought in to do.

Alchemy

  • Hosted blockchain node access across mainnets and testnetsnot Trust Wallet
  • Backing a production web3 application without running nodesnot Trust Wallet
  • Webhook-driven notifications for on-chain eventsnot Trust Wallet
  • Scaling read throughput beyond self-hosted node limitsnot Trust Wallet

Trust Wallet

  • Walletsnot Alchemy
  • Mobilenot Alchemy
  • Multi Chainnot Alchemy

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Alchemy

  • The free tier is capped at 30M compute units a month and 25 requests per second
  • Free accounts are limited to 5 apps and 5 webhooks
  • Beyond the free allowance it is $0.45 per 1M compute units for the first 300M a month
  • Request cost varies by call complexity, from around 10 compute units to over 100, so spend is hard to predict from request counts alone
  • Signed SLAs and priority support require an Enterprise contract

Trust Wallet

  • Free self custody wallet with no vendor subscription, so any costs come from third party exchange or DeFi protocol fees rather than the app itself

Pricing, plan by plan

Alchemy

Free
  • FreeFree
    • 300M compute units
    • 5 apps
    • Core APIs
  • Growth$49/month
    • 400M compute units
    • 15 apps
    • Enhanced APIs
  • Scale$199/month
    • 1B compute units
    • Unlimited apps
    • Premium support

Trust Wallet

Free
  • FreeFree
    • Multi-chain wallet
    • dApp browser
    • Staking

Which should you pick?

Choose Alchemy if

  • You need node apis.
  • You want to start without paying.
  • You work on Api, Web.
  • You also want enhanced apis.
Alchemy review

Choose Trust Wallet if

  • You need multi-chain support.
  • You want to start without paying.
  • You work on Ios, Android, Chrome.
  • You also want dapp browser.
Trust Wallet review

Questions people ask

Is Alchemy or Trust Wallet better?
Neither clearly leads. Alchemy starts at Free and Trust Wallet at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Alchemy or Trust Wallet?
Alchemy starts at Free and Trust Wallet at Free.
Does Alchemy or Trust Wallet run on more platforms?
Alchemy runs on Api, Web. Trust Wallet runs on Ios, Android, Chrome.
Can I use Alchemy for free?
Both have a free tier, so you can try either at no cost before committing.
What is Alchemy best used for?
Alchemy is most often used for hosted blockchain node access across mainnets and testnets, backing a production web3 application without running nodes, webhook-driven notifications for on-chain events, scaling read throughput beyond self-hosted node limits. Of those, hosted blockchain node access across mainnets and testnets and backing a production web3 application without running nodes are not what Trust Wallet is typically brought in for.
What can Alchemy do that Trust Wallet cannot?
Alchemy covers Node APIs, Enhanced APIs, NFT API, Webhooks. Trust Wallet covers Multi-chain Support, dApp Browser, Staking, NFT Gallery.
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