Gem Wallet vs Trust Wallet

How Gem Wallet vs Trust Wallet compare on our ratings, wallet specs, funding, pros and cons.

VS
Feature
Ratings
Our score4.6/54.0/5
User ratingNo reviews yetNo reviews yet
Security4.53.5
Ease of use4.54.0
Chain support5.04.5
Features4.04.5
Privacy5.04.0
Specs
KYC required No No
Wallet typeMobileMobile, Browser extension
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Sui, Aptos, TON, Tron, Hyperliquid, Cosmos, OtherBNB Chain
PlatformsiOS, AndroidiOS, Android, Chrome
Open source Yes Yes
In-app swaps Yes Yes
Staking Yes Yes
NFT support Yes Yes
Buy crypto in app Yes Yes
WalletConnectNot disclosed Yes
Security featuresBiometric authentication, 12-word seed phrase backup, Apple Keychain integration, Google Tink encryptionBiometric protection, PIN lock, Built-in Security Scanner, Encrypted cloud backup
Recovery without a seed phrase No No
Built-in dApp browser Yes Yes
Swap fee0.5%Not disclosed
Perpetuals tradingNot disclosed Yes
Company
Founded20232017
HeadquartersUnited Arab Emirates—
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Fully open-source mobile application audited by CertiK in April 2026
  • Requires no account creation, email address, or identity verification
  • Supports over 100 distinct blockchains within a single interface
  • Integrated DEX aggregator compares routes across 23 swap providers
  • Self-custodial keys stay on the user's device
  • Supports 100+ blockchains and 10M+ digital assets
  • No account or KYC is required for the wallet
  • Available on iOS, Android and Chrome
Cons
  • No desktop client or web browser extension available
  • Swaps carry a 0.5% fee in addition to standard network costs
  • No social recovery alternative for the seed phrase
  • Seed-phrase loss can permanently block access to funds
  • Chrome extension suffered approximately $7M theft in December 2025
  • Swap costs can include provider and network charges
  • Staking rewards vary and are not guaranteed
Best forMobile multichain crypto management, Privacy-focused self-custody, Direct cross-chain swaps without exchangesMulti-chain self-custody, Mobile crypto storage, In-app swaps and staking

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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