What is Swift Wallet?
Trust Wallet Swift was a smart contract wallet (a wallet whose rules and logic are governed by self-executing code on the blockchain) powered by Account Abstraction (AA, a technology that allows smart contracts to act as user wallets, enabling more flexible security and recovery options). It launched in February 2024.
Unlike a standard Trust Wallet, which uses an EOA (Externally Owned Account, a traditional blockchain account controlled directly by a private key and secured by a 12-word recovery phrase), Swift Wallet was designed for users who wanted a simpler onboarding experience. Instead of a recovery phrase, Swift used a biometric-protected passkey (a device-based credential authenticated by fingerprint or face ID) linked to your iCloud or Google account.
Swift Wallet supported a select range of EVM-compatible (EVM stands for Ethereum Virtual Machine, the standard environment that allows blockchains to run Ethereum-style smart contracts) blockchains, including BNB Smart Chain (BSC), Base, Arbitrum, Optimism, and Avalanche (AVAX). Swift Wallet existed alongside the standard Trust Wallet experience. Users could hold and use both wallet types within the same app.
Why is Swift Wallet no longer available for new users?
Trust Wallet has made the decision to simplify the wallet creation experience. Swift Wallet added an extra step to the wallet creation flow, creating unnecessary friction for new users. By streamlining wallet creation, Trust Wallet can focus on delivering a faster, simpler setup and a more consistent experience across all users and chains.
New wallet creation now goes directly to the standard seed phrase (recovery phrase, a set of 12 or 24 words that acts as the master key to your wallet) setup, which offers broader blockchain support (100+ chains including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and more) and is the foundation of Trust Wallet's ongoing security and feature roadmap.
Does this affect my existing Swift Wallet?
Existing Swift Wallets continue to work normally. You can send, receive, swap, and access dApps (decentralized applications, apps that run on a blockchain rather than a centralized server) as usual. Your assets are safe and your access is unaffected.
However, Swift Wallet will be fully retired in Q2 2025. Please follow the transfer
steps below before that date.
How to Transfer Your Assets Out of Swift Wallet
Quickest option: Use the Migrate Assets feature in-app: go to Settings >
Security and follow the prompts to move all assets automatically.
If you prefer to transfer manually, follow these steps:
Step 1: Check your Swift Wallet balance
Open Trust Wallet and switch to your Swift Wallet.
Review all tokens and assets.
Make a note of each asset and its network (e.g., BNB on BNB Smart Chain, ETH
(Ether) on Base).
Step 2: Get your standard wallet's receiving address
Switch to your standard Trust Wallet.
Select the asset you want to receive.
Tap Receive and copy your wallet address.
Confirm you are copying the correct address for the correct network, for example, your BNB Smart Chain address for BNB tokens, not your Ethereum address.
Important: Always double-check the network before sending. Sending an asset to the wrong network address may result in permanent loss of funds.
Step 3: Send from Swift Wallet
Switch back to your Swift Wallet.
Select the asset you want to transfer.
Tap Send.
Paste your standard wallet address.
Enter the amount and confirm the transaction.
Repeat for each remaining asset.
Step 4: Verify the transaction
Switch to your standard wallet.
Confirm each asset has arrived.
Transaction times vary by network. Most EVM transactions settle within seconds to a few minutes.
Step 5: Confirm Swift Wallet balance is zero
Once all assets have been transferred, your Swift Wallet balance should show zero.
The migration is complete.
I want to set up a new wallet. What should I do?
Create a standard Trust Wallet secured by a recovery phrase (also called a seed phrase, the 12-word backup key to your wallet). This gives you access to 100+ blockchains and the full range of Trust Wallet features. See How to create a new wallet for step-by-step instructions.