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Crypto · head to head

Rainbow vs Trust Wallet

Rainbow logo

Rainbow

Crypto

The fun, simple, and secure Ethereum wallet

From
Free
Rated
-
Full reviewWebsite
Trust Wallet logo

Trust Wallet

Crypto

The most trusted & secure crypto wallet

From
Free
Rated
-
Full reviewWebsite

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 no premium or paid tiers
  • They diverge on capability: Rainbow covers Ethereum Wallet, 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 Rainbow and Trust Wallet actually diverge.

Attributes where Rainbow and Trust Wallet differ
AttributeRainbowTrust Wallet
Founded20192017

Identical on both: starting price (Free), pricing model (free), free tier (Yes), platforms (Ios, Android, Chrome), 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 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

  • Walletsnot Trust Wallet
  • Ethereumnot Trust Wallet
  • Mobilenot Trust Wallet

Trust Wallet

  • Cryptocurrency wallet managementnot Rainbow
  • Self-custody digital assetsnot Rainbow
  • Multi-chain token storagenot Rainbow

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

  • No premium or paid tiers
  • Self-custody limits support availability

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.
Rainbow 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 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, wallets and ethereum are 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.

Answered from the vendors’ own pages

Rainbow: Is there a premium tier available on Rainbow wallet?

Yes, Rainbow Black is a premium upgrade that offers free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded. The specific cost of Rainbow Black is not disclosed on the homepage.

Source
Trust 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.

Source
Rainbow: Does Rainbow offer a rewards program?

Yes, every trade on Rainbow earns RNBW tokens as rewards. However, the homepage does not specify conversion rates or redemption value for the RNBW token.

Source
Trust 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.

Source
Rainbow: What is the cost of using the base Rainbow wallet?

The Rainbow wallet app appears to be free to use, with a premium Rainbow Black tier available for additional features. Specific pricing for Rainbow Black is not published on the homepage.

Source
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