Crypto · head to head
FTX vs Trust Wallet
The short version
- Each has a real cost: FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022; Trust Wallet no premium or paid tiers
- They diverge on capability: FTX covers Futures Trading, Trust Wallet covers Multi-chain Support.
- Prices and features above were last checked on 30 August 2026.
Where they differ
Only the attributes on which FTX and Trust Wallet actually diverge.
| Attribute | FTX | Trust Wallet |
|---|---|---|
| Pricing model | freemium | free |
| Platforms | Web, Ios, Android | Ios, Android, Chrome |
| Founded | 2019 | 2017 |
Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Crypto).
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 FTX
- Futures Trading
- Options
- Leveraged Tokens
- Spot Trading
- FTT Token
- Serum DEX
- Web support
Only in Trust Wallet
- Multi-chain Support
- dApp Browser
- Staking
- NFT Gallery
- Token Swaps
- 100+ blockchains
- WalletConnect
- Chrome support
Both cover
- Ios support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
FTX
- Exchangesnot Trust Wallet
- Derivativesnot Trust Wallet
- Tradingnot Trust Wallet
Trust Wallet
- Cryptocurrency wallet managementnot FTX
- Self-custody digital assetsnot FTX
- Multi-chain token storagenot FTX
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
FTX
- The exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
- Around 130 affiliated companies including Alameda Research entered the same proceedings, with more than 100,000 creditors and assets and liabilities each between $10 billion and $50 billion
- Founder Sam Bankman-Fried resigned as CEO on the filing and was replaced by John J. Ray III
- It is not a service anyone can sign up for; the estate exists to repay creditors
Trust Wallet
- No premium or paid tiers
- Self-custody limits support availability
Pricing, plan by plan
FTX
Free- StandardFree
- Spot trading
- Futures
- Options
Trust Wallet
Free- FreeFree
- Multi-chain wallet
- dApp browser
- Staking
Which should you pick?
Choose FTX if
- You need futures trading.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want options.
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.
Questions people ask
- Is FTX or Trust Wallet better?
- Neither clearly leads. FTX 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, FTX or Trust Wallet?
- FTX starts at Free and Trust Wallet at Free.
- Does FTX or Trust Wallet run on more platforms?
- FTX runs on Web, Ios, Android. Trust Wallet runs on Ios, Android, Chrome.
- Can I use FTX for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is FTX best used for?
- FTX is most often used for exchanges, derivatives, trading. Of those, exchanges and derivatives are not what Trust Wallet is typically brought in for.
- What can FTX do that Trust Wallet cannot?
- FTX covers Futures Trading, Options, Leveraged Tokens, Spot Trading. Trust Wallet covers Multi-chain Support, dApp Browser, Staking, NFT Gallery. Both handle Ios support, Android support.
Answered from the vendors’ own pages
FTX: What happened to FTX?
FTX filed for bankruptcy on November 11, 2022, after revelations about Alameda Research's massive holdings of FTX's token (FTT) triggered a liquidity crisis. The platform collapsed within days as a competing rescue deal fell through.
SourceTrust Wallet: Is Trust Wallet completely free to use?
Yes. Trust Wallet is a free self-custody crypto wallet. No fees are charged for using the core wallet functionality or storing digital assets.
SourceFTX: Can I recover funds from FTX bankruptcy?
FTX has been in Chapter 11 bankruptcy proceedings since November 11, 2022. Customer funds have been subject to claims through the bankruptcy process, with asset recovery efforts ongoing.
SourceTrust Wallet: Are there any transaction fees or premium features?
The Trust Wallet homepage does not mention transaction fees, premium features, or paid tiers. The service is described as free, with self-custody access to users' own assets.
SourceRelated pages
More on Trust Wallet
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