How To Develop a Crypto Wallet App Like Metamask / Trust Wallet - A Detailed Guide

‘$11B in 2020, $26B in 2021, $54B in 2022’ Wonder what these numbers are? It’s the value of cryptocurrency hacks/thefts that happened in the respective year according to the chainlysis report. With the crime around this revolutionary industry growing, investors are feared and searching for new advanced wallets to store their crypto safely.

To safeguard this trillion-dollar industry, with billions of dollars traded daily around the globe, we all need a feature-rich cryptocurrency wallet with ultra-security measurements for the future. Entrepreneurs can use this chance to build and launch their products in the industry, as it is the perfect time.

But, creating everything from scratch requires a lot of time and funds. That’s why we came up with the idea of developing a crypto wallet app like Metamask or Trust Wallet, the industry pioneers. Let’s get into the topic.

Why Should We Follow Metamask / Trust Wallet

MetaMask and Trust Wallet are two of the most successful cryptocurrency wallets, and their methods can be a great guide for building your own wallet. Its user-friendly interface, military-grade security, and multiple blockchain support made it popular across users. 
According to Growjo, MetaMask earns about $24.3 million per year, mainly from the Ethereum network. Trust Wallet makes around $5.7 million per year and is known for supporting many different blockchains.

Just by following their example, you can build a wallet that people can trust and want to use. Important features like secure storage, private key protection, chat between users, and connections to decentralized apps.

MetaMask and Trust Wallet also mostly concentrate on making crypto transactions simple for users. If you take their best features and your customization, you can easily attract more users and build a profitable wallet.
 

How To Develop a Crypto Wallet App

Step 1. Plan the Type of Crypto Wallet

The thorough development process starts with confirming whether your wallet will be custodial or non-custodial. If you don’t know what they are, let’s learn. Custodial wallets store users' private keys on a centralized server. But Non-custodial wallets, like MetaMask and Trust Wallet, give users full ownership of their private keys, which makes them more secure.  

Step 2. Select the Blockchain Network

Then choose the blockchain your wallet will support. Ethereum is the best choice due to its vast ecosystem of tokens such as ERC-20, and ERC-721. Other blockchain networks like BSC, Tron, Solana, and Polygon can also be integrated.

Step 3. The Features of Your Crypto Wallet
 
To attract users, a modern crypto wallet should include essential features like secure private key storage, wallet address generation, sending and receiving crypto transactions, in-chat, and integration with DApps.

Additional functions like built-in exchange, staking, NFT storage, and multi-currency support, Biometric authentication, 2FA authentication make the users stay on the platform.

Step 4. Use a MetaMask Clone Script or Trust Wallet Clone Script
 
As the development process from the ground makes it slower, to speed up you can use a MetaMask clone script or Trust Wallet clone script. These are pre-built software solutions with ready-made features that can be customized with additional elements. It is an affordable option and provides a fully functional wallet with fewer risks.  

Step 5. Choose the Right Technology Stack

For front-end development, frameworks like React Native or Flutter are commonly used to build cross-platform mobile apps. The backend is usually built with Node.js or Python to handle API requests and transactions efficiently.

Web3.js or Ethers.js is used for blockchain interaction, and Solidity or Rust is required for smart contract development. Firebase or PostgreSQL can be used for database management, ensuring secure storage of user data and logs.  

Step 6. Implement Security Measures
 
Security is the main thing for any business associated with the cryptocurrency business. People always prioritize top-notch security over fancy interfaces. Use end-to-end encryption to protect private keys, and the keys should be stored securely using a secure enclave (for iOS) or Keystore (for Andriod).

Multi-layer security features, such as biometric authentication, password protection, and anti-phishing mechanisms, should also be implemented to prevent hacking attempts.

Step 7. Test, Audit, and Deploy the Crypto Wallet
 
The crypto wallet should go through strong testing to identify vulnerabilities and performance issues. Once everything is verified, the wallet can be deployed on the Google Play Store and Apple App Store for public use.

Revenue Streams For a Crypto Wallet Business

Businesses can utilize many types of revenue streams for a crypto wallet business to increase profits. So never forget to add this kind of source while working with a crypto wallet app development company.

o Transaction Fees    
Charge users a small percentage or fixed fee for sending cryptocurrencies.  
Offer priority processing for higher fees.
 
o Swap & Exchange Fees   
Integrate crypto swap/exchange features within the wallet.  
Earn a commission on each swap or trade.  

o Staking & Yield Services  
Allow users to stake their crypto and earn rewards.  
Take a small percentage of staking rewards as a service fee.  

o Premium Features & Subscription Plans  
Offer advanced security features (e.g., multi-sig wallets, cold storage).  
The charge for premium analytics, portfolio tracking, or DeFi integration. 

o Affiliate & Referral Commissions  
Partner with exchanges, NFT marketplaces, or DeFi platforms.  
Earn commissions when users access services through the wallet.
 
o Token Listing & Advertisement Fees  
Charge crypto projects for listing their tokens in the wallet.  
Offer promotional placements for blockchain projects or ICOs.  

Why Work with a Crypto Wallet Development Company?

A cryptocurrency wallet development company can provide custom solutions, fast deployment, and advanced security features. Developing a crypto wallet from the ground requires experience in blockchain programming, security implementation, and UI/UX design. If you’re looking for a MetaMask clone script or Trust Wallet clone script, hiring a professional team can give out a smooth and secure development process.

Final Words

According to SkyQuest Technology, the cryptocurrency wallet business is to reach $77.21 Billion by 2032. So building a crypto wallet app like MetaMask or Trust Wallet will be a profitable idea in 2025 and beyond. Meanwhile, many countries are working towards regulating the industry with proper measurements.

It creates an easy environment for more people to get into cryptocurrency investment, and the need for a secured wallet will continue to grow. A wise person once said, 'Security is not a product, but a process.' So, launching a crypto wallet with high-end security with a thorough upgrade process will make yours unique.