Trust Wallet vs Coinomi: Which Is The Better Wallet?
Jack Moreau
Sep 2023
9 min read
Fact checked
With the increasing popularity of digital assets, choosing the right cryptocurrency wallet is essential for secure and effortless access. In this article, we'll compare Trust Wallet vs Coinomi, two of the most popular non-custodial wallets, to help you decide which one is best for you. We'll look at user experience, supported platforms, number of cryptocurrencies, and more to make sure you make the right choice.
Trust Wallet and Coinomi are both popular cryptocurrency wallets that offer users a variety of features. Trust Wallet was founded in 2017 in Mountainview and has a team of over 150 people.
Trust Wallet website
The platform has over 60 million users and more than 10 million downloads on Android, with a 4.8 rating based on 1.4 million reviews. There is also an extension with more than 200,000 downloads and a 4.5 star rating with over 400 reviews.
Trust Wallet Web extension
Coinomi, on the other hand, was founded in 2014 in Cyprus and has a team of over 20 people. It has over 1 million users and more than 1 million downloads on Android, with a 4.7 rating based on 40,000 reviews.
Coinomi Wallet Website
Unfortunately, Coinomi is not available as a browser extension. Both wallets offer a secure and convenient way to store and manage digital assets.
Trust Wallet vs Coinomi: User Experience
Trust Wallet offers a clean and user-friendly user experience. It is non-custodial and is supported by Chrome, Brave, Opera, and Edge browsers.
Trust Wallet Supported Browsers
Unfortunately, Trust wallet is not available for desktop users. On the other hand, Coinomi offers an outdated and stale design and user experience. It is also non-custodial and is not available as a browser extension. However, Coinomi is available for Windows, Linux, and macOS devices.
Coinomi Wallet Desktop
Trust Wallet vs Coinomi: Product Features
Trust Wallet and Coinomi are two popular cryptocurrency wallets that both offer secure storage and access to your digital assets.
Trust Wallet allows users to swap and buy crypto with fiat via Binance Pay and Coinbase Pay integrations and supports over 20 assets for staking, while Coinomi provides 0.25-0.5% swap fees and allows users to buy crypto with card via Simplex.
Trust Wallet Supported Assets
Trust Wallet supports NFTs on Ethereum, Solana and Polygon, while Coinomi supports NFTs on multiple blockchains. Both wallets are open source and offer easy-to-use user interfaces.
Trust Wallet and Coinomi are both secure and popular wallets that offer users a range of options for storing cryptocurrencies.
Trust Wallet supports over 10,000 tokens and 65 blockchains, including Bitcoin, Ethereum, Solana, and Cosmos. It also supports BUSD, Dai, GUSD, HUSD, USDP, USDS, SUSD, USDT, TUSD, and USDC.
Trust Wallet Cryptocurrencies
In addition, Trust Wallet also offers Ledger hardware wallet support which is create for Ledger users that want even safer access.
Trust Wallet Ledger
Coinomi, on the other hand, supports over 1,700 tokens, including BUSD, Dai, GUSD, HUSD, USDP, USDS, SUSD, USDT, TUSD, and USDC. It supports 125 blockchains, such as Bitcoin, Ethereum, Monero, and Tron. However, it does not offer any hardware wallet integration.
Coinomi cryptocurrencies
Trust Wallet vs Coinomi: Security
Trust Wallet and Coinomi are two non-custodial wallets that offer users a high level of security. Trust Wallet is open source and is regularly audited by Stateful, with bug bounties up to $100,000.
Coinomi wallet is partly open source and does not have official security audits, but it does offer a responsible disclosure program with bug bounties up to $2500. Both wallets provide strong protection against phishing sites, with Trust Wallet utilizing anti-phishing technology and Coinomi offering a comprehensive solution.
Additionally, both wallets have a wide range of other security measures, such as bug bounties and security audits, to ensure users’ safety.
Trust Wallet vs Coinomi: Conclusion
In the bustling world of cryptocurrency wallets, Trust Wallet and Coinomi offer distinct advantages.
Trust Wallet with its staggering 60 million user base clearly surpasses Coinomi's 1 million users, which is obviously a big indicator of which the best wallet is.
When we delve into cryptocurrency support, Trust Wallet offers an expansive range of over 10,000 tokens spread across 65 blockchains.
However, while Coinomi supports a lesser number of tokens, around 1,700, it stands out by accommodating a wider array of 125 unique blockchains.
One arena where Coinomi clearly shines is desktop compatibility. It offers dedicated platforms for Windows, Linux, and macOS, making it a more versatile choice for computer enthusiasts. Conversely, Trust Wallet users don't have this luxury as it lacks desktop support.
In terms of user experience, Trust Wallet is often appreciated for its modern, user-centric design making navigation easy for beginners. Coinomi in contrast has an interface that is quite outdated.
Security is paramount in the crypto world and here Trust Wallet seems to have an edge. It's fully open-source and undergoes regular audits, offering a higher degree of transparency and assurance.
Coinomi, while secure in its own right and partly open-source, misses out on the frequent official security checks that Trust Wallet benefits from.
In essence, if one values a robust community, diverse cryptocurrency range and solid security, Trust Wallet is the better wallet!
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.
