Is THORWallet safe and legit?

Who is behind THORWallet, what self-custody means for your funds, how to check you have the real app and site, and which risks stay with you.

Updated 4 min read
Short answer

THORWallet is self-custody software from a Swiss company based in Zug, shipping since 2021. You hold the keys, so THORWallet cannot move or freeze your funds. The main risks are fake sites and apps that copy the name, a lost backup and transactions you sign yourself.

On this page

THORWallet is self-custody software. That limits what the company behind it can do with your funds, and it leaves some risks with you. This article lists both, and shows how to tell the real THORWallet from a copy.

Who is behind THORWallet

  • The company is registered in Switzerland. Its office is in Zug.
  • THORWallet has shipped since 2021.

What self-custody means for your funds

Your coins are recorded on the blockchains, not held by THORWallet. The app is the tool you use to sign transactions with keys that only you control.

Seed walletMulti-device vault
What controls the fundsOne recovery phraseShares on several of your own devices
Where it livesOn your device, encryptedOne share on each device
What THORWallet holdsNo copyNo share

THORWallet cannot:

  • See your recovery phrase, your private keys or your vault shares.
  • Move, freeze, cancel or reverse a transaction.
  • Reset your PIN or restore a wallet without your backup.

If THORWallet is not available, your funds stay on the blockchains. The details are in How self-custody works in THORWallet.

The THORWallet Card is different: it is provided together with a regulated partner and needs identity verification. See THORWallet Card.

The official site, web app and store listings

Fake sites and fake apps copy the THORWallet name and logo. These are the real ones:

WhatAddress
Websitewww.thorwallet.org
Web appapp.thorwallet.org
iPhone and iPad appApp Store listing
Android appGoogle Play listing

Independent reviews and listings

These pages are not written by THORWallet. They show what users and outside sites say and track. None of them can check your own wallet or backup.

SourceWhat it shows
App Store listingRatings and written reviews of the iPhone and iPad app, with the developer's details and the version history.
Google Play listingRatings and written reviews of the Android app, and the data-safety section the developer declares.
DefiLlamaAn independent data site that tracks the swap volume routed through THORWallet.
CoinMarketCapThe listing of $TITN, the THORWallet utility token, with its contract address and market data.
CointelegraphThe announcement that THORWallet joined the Cointelegraph Accelerator.
startupticker.chThe Venture Leaders Fintech 2023 selection of Swiss start-ups, THORWallet among them.
ZawyaThe World Blockchain Summit release on the Startup World Cup 2022 Dubai regional round.

Read reviews from several places, and be careful with review sites that link to a download: fake apps copy the THORWallet name.

Check that you have the real app

  1. Open the download page on www.thorwallet.org and tap App Store or Google Play. It opens the official store listing.
  2. Do not install THORWallet from a link in a message, an ad or an email.
  3. Before you type anything in the browser, read the address. The web app is at app.thorwallet.org.
  4. Update the app from the official store.
Warning

THORWallet asks for a recovery phrase in two places only: when you confirm the backup of a new wallet, and when you choose to import a wallet yourself. A website, a message or a person that asks for it is a scam.

What support will never ask

Support is the chat inside the app and info@thorwallet.org. Treat a direct message on Telegram, X or Discord that claims to be THORWallet support as a scam attempt.

Support will never ask for:

  • Your recovery phrase or your private key.
  • Your PIN, your vault backup files or their passwords.
  • Your card PIN.
  • A payment.

Do not install remote-control software and do not share your screen with someone who says they are from support.

Report a fake site or app

  1. Enter nothing and close the site or the app.
  2. Tell support in the app chat or at info@thorwallet.org. Include the address of the site or the store link, and a screenshot if you have one.
  3. If you typed your recovery phrase anywhere, treat the wallet as lost. Create a new wallet with a new recovery phrase and move the remaining funds to it at once. See Stay safe from scams.

What THORWallet cannot protect you from

  • A lost backup. Without the recovery phrase, or without enough vault devices and backup files, a wallet cannot be recovered by anyone.
  • A transaction you sign. If you approve a harmful request or a malicious contract, THORWallet cannot undo it. Read every request before you approve it.
  • A wrong address or network. Blockchain transactions are final. THORWallet cannot return funds sent to a wrong address.
  • Someone who has your recovery phrase. Whoever holds the phrase controls the wallet.

The risks of each product

Each product has its own risks. Read the article before you use it.

Common questions

Is THORWallet a scam?

THORWallet is a real product from a Swiss company based in Zug and has shipped since 2021. Scammers copy its name and logo on fake sites and apps. Use only www.thorwallet.org, app.thorwallet.org and the store listings linked from the download page.

Who is behind THORWallet?

A company registered in Switzerland, with its office in Zug. THORWallet has shipped since 2021.

Can THORWallet take or freeze my crypto?

No. Your recovery phrase and your vault shares stay on your own devices. THORWallet has no copy, so it cannot move, freeze, cancel or reverse a transaction.

How do I know I have the real app?

Start from the download page on www.thorwallet.org. It opens the official listings in the App Store and on Google Play. Do not install the app from a link in a message, an ad or an email.

I found a fake THORWallet site or app. What should I do?

Enter nothing and close it. Then tell support in the app chat or at info@thorwallet.org and include the address of the site or the store link.

Where can I read independent reviews of THORWallet?

In the App Store and on Google Play, where users rate and review the app. Independent listings and announcements are on DefiLlama, CoinMarketCap, Cointelegraph and startupticker.ch. The links are in the section on independent reviews and listings.

Is my money protected if something goes wrong?

A self-custody wallet has no deposit protection and no password reset. If the recovery phrase is lost or you sign a harmful transaction, nobody can return the funds.

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