Is Trust Wallet a scam?

Asked about Trust Wallet (TWT), market cap rank #206.

Short answer

Trust Wallet (TWT) is rated BB on isthiscoinascam.com. This is a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • No hard cap on total token supply
  • Less than 50% of supply is circulating

Positive signals

  • High-quality whitepaper published in 2020.
  • Active and engaged community across multiple social media platforms.
  • Transparent tokenomics with a fixed total supply.

Team transparency

The Trust Wallet team is doxxed — public identities are known.

See the full report

Live price, contract security details, holder distribution, audit list, founder background and community ratings.

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