Is Trust Wallet safe? What its own terms say

Trust Wallet, and/or its affiliates (“we,” “our,” or “us”), offers its software services through our website at trustwallet.com.

Excluding scenarios where Applicable Law stipulates or offers an alternative, these Terms, inclusive of the arbitration agreement herein, are to be governed by, and interpreted in line with, the laws of Hong Kong.

Binance has completed the acquisition of Trust Wallet, a secure and intuitive mobile wallet.

Today marks the two-year anniversary of Binance’s partnership with Trust Wallet, one of the leading cryptocurrency wallets with more than 5 million users since Trust Wallet was acquired on July 31, 2018.

Trust Wallet serves as a non-custodial digital wallet software intended for digital assets such as cryptocurrencies, virtual commodities, and NFTs ("Digital Assets"). This means that you, and only you, have complete control over and responsibility for your Digital Assets and private keys, thereby authorizing transactions from your wallet address autonomously.

Non-custodial. Your private keys never leave your device. Holdings sit exactly where you put them.

Please note that we do not gain or retain your wallet password, encrypted private key, unencrypted private key, or secret phrase connected to your wallet. Furthermore, we cannot produce a replacement password for your wallet if you forgot your primary password.

The one exception is optional Encrypted Cloud Backup: if you enable it, an encrypted copy is stored in your own cloud account (iCloud or Google Drive), not on Trust Wallet's infrastructure, and can only be decrypted with a password you set.

An encrypted backup of certain information associated with your wallet can be stored on eligible devices.

Trust Wallet does not control, endorse, or take responsibility for your engagement with or use of DApps or DEX. Trust Wallet has no liability or obligation related to your use of DApps or DEX, including but not limited to any transactions that are disputed or result in losses.

The amount that you can trade through DEX each day is subject to the rules and limitations set by the third-party developers of the Smart Contracts. Trust Wallet does not control these limits and is not responsible for enforcing them.

When you access or utilize the Staking Service, you will work with a third-party provider that stakes specific Digital Assets ("Staked Digital Assets") for validating transactions on the related blockchain network.

Trust Wallet will never take custody of any of your rewards or assets and has no control over any Proof-of-Stake network where Trust Wallet may exercise validation rights delegated by you.

If you opt to use Trust Wallet to purchase Digital Assets with your credit or debit card, the chosen amount will be converted into the applicable Digital Asset and credited to your wallet by a third-party entity.

When using this service, you are bound by any terms and conditions set forth by the specific third-party service provider. Trust Wallet has no influence over these terms and can’t intercede on your behalf should any disputes arise;

Trust Wallet has added Cash App Pay as a payment method through MoonPay. Eligible US customers can now use their Cash App balance at MoonPay checkout to buy crypto without entering card details.

Our platform connects you to a variety of services provided by our partners, which include but are not limited to crypto to crypto exchanges ("swap"), staking services, buying and selling of cryptocurrencies, services to display balances in fiat currency, cryptocurrency rate displays, decentralized finance applications for the exchange, lending or borrowing of cryptocurrencies, visualizing NFTs, and NFT minting, buying, and selling. Note that we do not have any control over these third-party services ("Third Party Services").

You take full responsibility for the outcomes of any issues related to these transactions, including but not limited to transfers to incorrect addresses or problems with the node servers you have selected.

We may, in our sole discretion and without cost to you, with or without prior notice, and at any time, modify or discontinue, temporarily or permanently, any portion of our Services. You are solely responsible for storing outside of the Services a backup of any wallet address and private key pair that you maintain in your wallet.

Any use of Trust Wallet not explicitly authorized in these Terms, devoid of our prior written consent, is rigorously prohibited and will lead to an immediate termination of your license to use Trust Wallet without notice.

Our Services are evolving over time, we may change or discontinue all or any part of the Services, at any time and without prior notice, and at our sole discretion.

Notwithstanding the aforementioned conditions, we maintain absolute discretion to prohibit certain individuals from accessing or utilizing Trust Wallet. Additionally, please note that we reserve the right to modify our eligibility criteria at any given time, in accordance with relevant laws, regulations, and company policies.

While we are not obligated to monitor any user content, we maintain full discretion to initiate any actions at any time and for any reason without notice should you breach these Terms.

You commit to abstain from utilizing our Services for funding, supporting, or taking part in any illegal activities including, but not limited to, prohibited trade, illegal gambling, fraud, money laundering, or terrorist activities.

Send, receive and manage assets on Bitcoin, Ethereum, Solana, BNB Smart Chain and 100+ networks from one wallet.

TRON Wallet

TON Wallet

IN NO EVENT SHALL OUR LIABILITY TO YOU FOR ALL DAMAGES (OTHER THAN MAY BE REQUIRED BY APPLICABLE LAW IN CASES INVOLVING PERSONAL INJURY) EXCEED THE AMOUNT OF ONE HUNDRED U.S. DOLLARS ($USD100.00) OR ITS EQUIVALENT IN THE LOCAL CURRENCY OF THE APPLICABLE JURISDICTION.

You agree that any claim you may have arising out of or related to your relationship with us must be filed within one year after such claim arises, otherwise, your claim is permanently barred.

We reserve the right to update or modify these Terms at any time at our sole discretion. If we do so, we’ll let you know by either posting the revised Terms on our website, on our mobile application or through other methods of communication which we deem reasonable. Such revised Terms as posted will take effect immediately, unless otherwise indicated.

We reserve the right to modify this section at any time without prior notice. It is your responsibility to regularly check this section for any amendments. Your continued use of the Staking Service signifies your acceptance of these terms and any amendments thereof.

you and Trust Wallet agree that, subject to the clause regarding Notice of Claim and Dispute Resolution Period mentioned above, any Claim must be resolved by compulsory, final, and binding individual (not class) arbitration overseen by the Hong Kong International Arbitration Centre ("HKIAC") and in accordance with its prevailing Rules, which are deemed incorporated by reference into this clause.

To raise any arbitration against Trust Wallet, a Notice of Arbitration must be filed and served in accordance with the HKIAC Rules within one (1) year from the date the user asserting the Claim first identified, or should have reasonably found out, the alleged act, omission, or default leading to the Claim ("Limitation Period").

you must not be located in, or a resident, national, or entity established under the laws of any jurisdiction that is comprehensively sanctioned by the U.S., including but not limited to Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine;

you can only use our Services if permitted under the laws of your jurisdiction. For the avoidance of doubt, you may not use our Services if you are located in, or a citizen or resident of any state, country, territory or other jurisdiction where your use of our Services would be illegal or otherwise violate any applicable laws.

Please note that the IP address is used only on a transient basis, cannot be linked to any user’s personal data, and is not retained. The IP address’s sole purpose is to facilitate traffic and service redirection in compliance with regulatory requirements based on the user’s country. We neither store nor access the IP address.

If you are our self-custody wallet user and you choose to interact with these third-party services, your personal information including your wallet address or payment card information may be disclosed to those Third Party Platforms.

Business transfers: As we continue to develop our business, we might sell or buy other businesses or services. In such transactions, user information generally is one of the transferred business assets but remains subject to the promises made in any pre-existing Privacy notice (unless, of course, the user consents otherwise). Also, in the unlikely event that Trust Wallet or substantially all of its assets are acquired, users’ information will be one of the transferred assets.