Software · head to head
Rainbow vs Trust Wallet
The short version
- Each has a real cost: Rainbow free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees; 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: Rainbow covers Ethereum Wallet, Trust Wallet covers Multi-chain Support.
Where they differ
Only the attributes on which Rainbow and Trust Wallet actually diverge.
| Attribute | Rainbow | Trust Wallet |
|---|---|---|
| Founded | 2019 | 2017 |
Identical on both: starting price (Free), pricing model (free), free tier (Yes), platforms (Ios, Android, Chrome), user rating (Not yet rated), category (Unknown).
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 Rainbow
- Ethereum Wallet
- ENS Integration
- Layer 2 Support
- Swaps
- Ethereum
- Optimism
- Arbitrum
- Base
Only in Trust Wallet
- Multi-chain Support
- dApp Browser
- Staking
- Token Swaps
- 100+ blockchains
- WalletConnect
Both cover
- NFT Gallery
- Ios support
- Android support
- Chrome support
What people use each for
The jobs each tool is most often brought in to do.
Rainbow
- Wallets
- Ethereumnot Trust Wallet
- Mobile
Trust Wallet
- Wallets
- Mobile
- Multi Chainnot Rainbow
Both are used for wallets, mobile, on those jobs the choice comes down to price and fit rather than capability.
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Rainbow
- Free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees
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
Rainbow
Free- FreeFree
- Ethereum wallet
- NFTs
- ENS
Trust Wallet
Free- FreeFree
- Multi-chain wallet
- dApp browser
- Staking
Which should you pick?
Choose Rainbow if
- You need ethereum wallet.
- You want to start without paying.
- You work on Ios, Android, Chrome.
- You also want ens integration.
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 Rainbow or Trust Wallet better?
- Neither clearly leads. Rainbow 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, Rainbow or Trust Wallet?
- Rainbow starts at Free and Trust Wallet at Free.
- Does Rainbow or Trust Wallet run on more platforms?
- Both run on Ios, Android, Chrome, so platform support will not decide this one for you.
- Can I use Rainbow for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Rainbow best used for?
- Rainbow is most often used for wallets, ethereum, mobile. Of those, ethereum is not what Trust Wallet is typically brought in for.
- What can Rainbow do that Trust Wallet cannot?
- Rainbow covers Ethereum Wallet, ENS Integration, Layer 2 Support, Swaps. Trust Wallet covers Multi-chain Support, dApp Browser, Staking, Token Swaps. Both handle NFT Gallery, Ios support, Android support, Chrome support.