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Topic: Do you continue to trust Trust Wallet? - page 5. (Read 1055 times)

hero member
Activity: 3080
Merit: 603
March 14, 2024, 03:54:20 PM
#34
I have used it before and even Binance have acquired the ownership of the wallet, there are still a lot of users about it. I think what I am seeing with most of those people that are into alts are using various wallets like right now whichever is on the hype and has a lot of airdrops for its users like Jupiter which is also part of Trust wallet so I think that many are still trusting it. I don't know what's with the news for people to stop using and trusting it.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
March 14, 2024, 03:31:11 PM
#33
Trustwallet is still installed on mobile since I used this wallet before, but now the trust in this wallet has been lost only a few shitcoins are there.
Yes, I have used other crypto wallets such as Metamask and OKX, there are many others.
Of course it is most important to have a hardware wallet for long term investments. I already have several hardware wallets to store bitcoins there.
Longterm investment are the best in the market, it guarantees our safe path to earning enormous profits in the space. I've come to realized that we can't keep making profits comfortably in crypto, despite our safe techniques, at the end, we'll always gets caught up with losses which might be severe, most traders and investors doesn't always revived from this particular phase. Bitcoins becomes important to everyone in the system, we keep fighting to achieved gigantic profits in the system. There are quite numerous types of hardwares in the system. We just have to selects the one that does suits our best.
What do you mean by the best long-term investments in the market? The point is don't keep assets in the stock exchange it's not safe maybe you should understand that however we don't have full control.

Then you say System, system, system is difficult to understand.... Roll Eyes
The problem of prices going up and down is common in the crypto market there are techniques where you can do technical analysis to help.
One more thing about profits we already have our own targets if you sell now it doesn't matter if it's profitable, now the most important thing is that you have a hardware wallet so that your assets are safe.
sr. member
Activity: 658
Merit: 250
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March 14, 2024, 11:39:24 AM
#32
I am an old trust wallet user and especially for crypto transactions i used this wallet without any problem. Moreover trust wallet is still popular in crypto market as any new investor can use trust wallet very easily. But if you want to consider the best wallet then the most secure is the hardware wallet. From this hardware wallet you will get a detailed security where you can deposit a lot of money. However you should always choose a safe wallet and use it.
hero member
Activity: 952
Merit: 555
March 14, 2024, 10:17:40 AM
#31
There's nothing wrong with the use of trust wallet as long as you understand the components its made up of, this is a wallet that is close source wallet and aside this, every other thing concerning trust wallet is to be trusted because its a non custodial wallet, you can as well see that the wallet supported a varieties of cryptos, only that scammers often set some target in using this wallet to attack others who are not conscious on what is going on. 
sr. member
Activity: 1372
Merit: 251
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March 14, 2024, 10:05:47 AM
#30
I've been using Trust Wallet for a long time and will continue to use it, but usually I use two mobile wallets, the other is Metamask, there's nothing else I use other than those two. and during that time I have never experienced anything strange in my use, so I continue to use it
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
March 14, 2024, 09:52:23 AM
#29
I would like to know your views on crypto wallets:
  • Are you using TrustWallet? Will you continue to trust TrustWallet?
  • Are you using other crypto wallet apps?
  • Is a hardware wallet really necessary for your crypto investment?

1. Not usually, but I do have it. When it comes to trust, I wouldn't mind having a couple of hundred dollars lying around in it, but when it comes to larger amounts, I would not store them in a wallet that doesn't allow me to have my private keys and everything.

2. I sometimes use MetaMask, but I don't always keep funds in it for security concerns as I have heard a lot of stories of people getting their wallets compromised or hacked.

3. Yes if the amount is significant. You don't need to buy a hardware wallet to store $100 or even $1k or $2k, but if you have invested a lot of money, you shouldn't keep them in a closed-source wallet.
member
Activity: 462
Merit: 13
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March 14, 2024, 03:07:24 AM
#28
I also use trust wallet by installing it on my mobile phone, transactions are much easier. Much more helpful for small transactions and lower fees. If you are looking for a wallet other than Bitcoin and Ethereum wallets then Trust Wallet is considered a platform. Trust Wallet is designed in such a way that users can easily buy, sell and store cryptocurrencies for long periods of time, and its interface is not difficult to understand.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
March 14, 2024, 01:39:02 AM
#27
There is a great ease that has been on the table using trust wallets. They have made transactions so easy that their usage will Increase day by day no matter what the side effects are. Actually transactions ease and low transaction fees are two basic keys to ease the process Of transaction and trust wallets have made these both things easy and affordable.

Now the other point you mentioned is also very important that's the security of these Wallets and there have been some incidences where people have lost some asset's but thats mostly due to the incorrect usage of their phone thats mostly not the apps issue.so we should be careful in terms of our phone usage.
hero member
Activity: 616
Merit: 749
March 13, 2024, 09:41:34 PM
#26
I would like to know your views on crypto wallets:
  • Are you using TrustWallet? Will you continue to trust TrustWallet?
  • Are you using other crypto wallet apps?
  • Is a hardware wallet really necessary for your crypto investment?

I think it's not a bad wallet for using it to do some dApp transaction as it's supported by many sites that allows us to do decentralized transaction. It's a closed source wallet therefore we can't trust it a 100% but if you're looking for a wallet that you can use to carry out some small transactions then trust wallet can be used. They still have a perfect reputation as they haven't done anything that makes us not to trust them but just as they're a closed source wallet that's the reason they're not the best.

I think as a cryptocurrency investor, you don't have to have only one wallet and your coins shouldn't be in one wallet. You should have multiple wallets for different purposes as if one get compromised, your coins in your other wallets won't be affected as you can't be a 100% sure that you can protect yourself from hackers. We can make a mistake and expose our wallets to hackers so multiple wallet is good.
full member
Activity: 784
Merit: 212
March 13, 2024, 09:01:31 PM
#25
Until now, the Trust Wallet application is still installed on my cellphone. Apart from that, there is also myetherwallet there. and there are still a lot of shitcoins that are worthless and maybe if you just give them away you will lose out on gas fees.
So basically, I still use it, but only for small transactions.
full member
Activity: 307
Merit: 107
Binance #Smart World Global Token
March 13, 2024, 07:00:03 PM
#24
until now I still use trust wallet. either in the form of wallet products or coins. because trust wallet users of wallet services are very large, users or those who buy coins are very large. with this I still believe in trust wallet. and until now I still use a wallet from trust wallet.
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
March 13, 2024, 06:58:46 PM
#23


While I've been a loyal TrustWallet user, recent events have prompted me to diversify my crypto storage. I'm trying out SafePal on iOS for additional security. Hardware wallets have also piqued my interest, and I plan to research and invest in one soon using some of my uptrend gains. There's no denying the convenience of mobile crypto wallets, but it's a trade-off for the enhanced security hardware wallets offer.
I would like to know your views on crypto wallets:
  • Are you using TrustWallet? Will you continue to trust TrustWallet?
  • Are you using other crypto wallet apps?
  • Is a hardware wallet really necessary for your crypto investment?


1- I used the Trust wallet for some small transactions in the past and I couldn't trust it because I generally don't trust any closed source wallet. The wallet is owned by Binance and no one knows what powers Binance can give itself.
2- Of course, I use other open source wallets whose reliability is proven. It is true that not all of my currencies are in one multi-currency wallet, but I feel more secure and more private.
3- This is the most important question because its answer replaces the first two questions. There is nothing better than a hardware wallet for crypto users, especially investors, and for cold storage. It is good that Hardware wallets are multi-currency and support more than one network, so all currencies can be saved on them. It is the most secure wallet and easy to use.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
March 13, 2024, 05:18:21 PM
#22
Trustwallet is still installed on mobile since I used this wallet before, but now the trust in this wallet has been lost only a few shitcoins are there.
Yes, I have used other crypto wallets such as Metamask and OKX, there are many others.
Of course it is most important to have a hardware wallet for long term investments. I already have several hardware wallets to store bitcoins there.
Longterm investment are the best in the market, it guarantees our safe path to earning enormous profits in the space. I've come to realized that we can't keep making profits comfortably in crypto, despite our safe techniques, at the end, we'll always gets caught up with losses which might be severe, most traders and investors doesn't always revived from this particular phase. Bitcoins becomes important to everyone in the system, we keep fighting to achieved gigantic profits in the system. There are quite numerous types of hardwares in the system. We just have to selects the one that does suits our best.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
March 13, 2024, 03:24:35 PM
#21
Trustwallet is still installed on mobile since I used this wallet before, but now the trust in this wallet has been lost only a few shitcoins are there.
Yes, I have used other crypto wallets such as Metamask and OKX, there are many others.
Of course it is most important to have a hardware wallet for long term investments. I already have several hardware wallets to store bitcoins there.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
March 13, 2024, 02:44:29 PM
#20
    I'm trying out SafePal on iOS for additional security. Hardware wallets have also piqued my interest, and I plan to research and invest in one soon using some of my uptrend gains.

    But make sure to not buy any of their S1 line because these devices are closed source like TrustWallet. TBH, I nearly bought this device because there was a free shipping promo that time, good thing I researched further.

    I'd check the Open Source Hardware Wallets thread.

    Are you using TrustWallet? Will you continue to trust TrustWallet?[/li][/list]

    Nope, plus I've found an open source multi-crypto wallet alternative-- unstoppable wallet. But it's not for everyone because the number of cryptocurrencies supported are minimal and there have been some syncing issues from a lot of users. I did encounter the sync problem only once but then again, i only use it as a side wallet e.g. when i have to renew subsciptions lol

    Quote from: op
    Are you using other crypto wallet apps?

    apps for mobile? only bluewallet and unstoppable wallet

    Quote from: op
    Is a hardware wallet really necessary for your crypto investment?

    If you wanna sleep better, yes lol
    full member
    Activity: 2520
    Merit: 214
    Eloncoin.org - Mars, here we come!
    March 13, 2024, 01:58:28 PM
    #19
    I would like to know your views on crypto wallets:
    • Are you using TrustWallet? Will you continue to trust TrustWallet?
    • Are you using other crypto wallet apps?
    • Is a hardware wallet really necessary for your crypto investment?

    No, I am not using trust wallet. Actually I have heard different kinds of stories from different people. Some of them claim that trustwallet isn’t that safe and secure as their funds get “drained” or something of similar but some people also claim to never have any problem regarding the wallet.

    Maybe those who say negative reviews were not exactly careful with their wallet

    I am not using a hardware wallet right now but if I reach a point where I own too many coins then that is the time I think to have a hardware wallet.
    full member
    Activity: 1060
    Merit: 103
    www.Artemis.co
    March 13, 2024, 01:10:37 PM
    #18
    Ok so it was a vulnerability on IOS app and that might have already been fixed. It's not that your private keys were going anywhere or the app developer using our funds. It just meant a loophole existed that could have been exploited to find your locally saved private key.
    We always go through these bugs and vulnerabilities and as it advances with patches, it becomes more and more secure. I would have expected better security on trust wallet app but as we have moved forward, we know trust wallet is more secure than ever. I'd still trust the trust wallet as it's one of the best non-custodial wallet we have.
    sr. member
    Activity: 1414
    Merit: 270
    Undeads.com - P2E Runner Game
    March 13, 2024, 12:54:31 PM
    #17
    In 2016, I also used MEV, then switched to MM. Now I use MM and Bitget in parallel. I can’t say that I don’t trust Trustwallet and probably the presence of a fairly large number of different crypto wallets creates fierce competition between them, i.e. their creators improve them and customize them. Moreover, no one is immune from errors, and over time (with the development of our knowledge, training) it becomes easier to identify bugs/features in the old code of wallets, smart contracts, etc.
    hero member
    Activity: 1232
    Merit: 516
    March 13, 2024, 12:33:28 PM
    #16
    I have used TrustWallet for some time, but i am not using it anymore. Not because their service is not good but i have found another wallet that is more convenient for me. I haven't faced any issues before using TrustWallet, and i think it is one of the best in the industry for a multichain wallet. But it is best to keep your funds in a hardware wallet as it provides the best security for your funds. If you are a DeFi user you need to use any online wallet even if it is not a trusted wallet.
    legendary
    Activity: 2282
    Merit: 1041
    March 13, 2024, 10:50:51 AM
    #15

    yes, I use trustwallet to make my transactions easier for BSC, until now I still trust trustwallet because I only use it to store assets and send my assets, without linking my wallet to any sites, I think it will be safe

    Is the transaction cheaper in Trust wallet than on Metamask?
    I think there is no difference to just store your assets on Binance exchange after all they are just owned by same company. Storing them on the exchange itself seem safer since you can ask ffor support too.

    But come to think of it. Those opensource wallets, you are not also sure when those developers suddenly just modify its code without alerting users. You'd be surprise one day the opensource wallet you use for years are actually modified a day ago. Who knows, its hard to trust anyone anymore.
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