Is Trustwallet Safe? - page 6. | Bitcointalksearch.org

m2017

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Quote from: Charles-Tim on October 03, 2022, 02:20:13 PM

Getting a hardware wallet or having cold/offline storage wallet is the safest. Online or hot wallets are more vulnerable to online attacks. Trustwallet is an online wallet.

Trustwallet is also close source. You do not know what Trustwallet developers are doing behind. I can not advice anyone to use close source wallet.

Never leave high amount of funds on online wallets.

For safety, get a reputed open source hardware wallet.

Storing crypto on online wallets is acceptable if it is a small amount for current expenses. Therefore, I would not completely trust the trustwallet and keep a large amount on this wallet. At any time, the owners of the online wallet can block the account, like the most ordinary bank. Online wallets have the disadvantages of a traditional financial system without the advantages of cryptocurrencies. It is better to store the main savings using hardware wallets of well-known and trusted companies. Most recommend using open source, but you can also use closed source, since there have not been any unpleasant incidents with this yet.

Earncryptoo

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Quote from: ShafixNero on October 03, 2022, 02:17:17 PM

There are many cryptocurrency wallet softwares like metamask, trustwallet. I'm currently using Trustwallet to store my cryptocurrencies. I heard some people say that it can be hacked!
Can people hack my trustwallet?
Is it safe?
How to protect my trustwallet account?
Thanks in advance ♡

I also use Trust wallet because it has Multiple Chain Wallet. Few months ago, Fake Trustwallet will be launch and newbies can use this wallet and if receive any funds it will be hacked. You can use Official Trust wallet app and it's Download 10M+. In my opinion it is too safe and also Metamask

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Quote from: antsam on October 04, 2022, 08:26:25 PM

Control is in your hands, the security of your wallet is also your responsibility. Moreover, the crypto world is very difficult to catch the hackers. No wallet is safe if we carelessly guard it, so my point is that we are all the same wallet if you compare Trustwallet and Metamask

Absolutely right, online wallet is not 100% safe just you have to avoid to click any suspicious links, i'm using Trust wallet for the several years but i didn’t noticed any problem specially with trust wallet. I think comparatively trust wallet is more familiar then metamask, that's why i stopped to use Metamask.

JustEducated

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Quote from: Aryan058 on October 05, 2022, 01:01:09 PM

Yes Trustwallet is very safe and more secure and it is also very easy to use it have many security options like biometrics and others. So trustwallet is safe.

Just because you've used Trust wallet in the past to make some transactions and it worked fine for you doesn't make it safe and secure. You should know that trust wallet isn't a open source wallet which means that you don't have not even a single about what the devs are doing at the backend.

It's not advisable to use Trust wallet to hold large amount of your coins or tokens.
If you're looking for a more secure means then you should consider getting hardware wallet or cold wallet that works without the internet.

Quote

The all the security in your hands. It depends on you how You handle it.

Pure bullshit.

Aryan058

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Yes Trustwallet is very safe and more secure and it is also very easy to use it have many security options like biometrics and others. So trustwallet is safe. The all the security in your hands. It depends on you how You handle it.

BobK71

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Quote from: ?? on ??

Trust wallet has been tested as a good and safe wallet, they are supported by companies that have a good reputation so that it makes me optimistic to store assets in the Trustwallet, besides that Trustwallet has a long -term vision and is proven to have presented Trustwallet Token.

Cryptowallet providers generally provide maximum assurance on the use of their wallets, but some times there have been reports of hacks. We know that The Federal Deposit Insurance Corporation does not accept any insurance regarding it, on the other hand many government agencies, including the FDIC, are collecting information and considering future legislation. But at the moment if i refer any wallet that would be cold storage wallet which is most useful. If one keeps their assets in this wallet then it will be safe.

len01

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Quote from: NicNacCoin on October 04, 2022, 06:56:39 PM

Quote from: ShafixNero on October 03, 2022, 02:17:17 PM

There are many cryptocurrency wallet softwares like metamask, trustwallet. I'm currently using Trustwallet to store my cryptocurrencies. I heard some people say that it can be hacked!
Can people hack my trustwallet?
Is it safe?
How to protect my trustwallet account?
Thanks in advance ♡

At present TrustWallet is a very popular wallet. I myself am using TrustWallet.It is a very secure wallet. I don't see any possibility of hacking here and never heard of hacking.You can use it without doubt and without worry. A multi-wallet. Here you can avail various benefits.But some guidelines are that you keep its private phase in a very private place that no one can find out and hack.If you can do this then your account will be completely safe and there will be no possibility of hacking and it will be completely safe.

every online wallet still has a chance to be hacked by the hackers out there in all their ways. i admit that online wallets like TrustWallet have strong security but only for small transactions. because there is still a vulnerability to theft or break-in from hackers who might be able to infiltrate the wallet.
so that everyone here would definitely suggest that if you want to store large crypto assets, it is better to store it in a hardware wallet that has been recommended by several members on this forum.
be careful to choose a wallet to store your assets or big money

antsam

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Control is in your hands, the security of your wallet is also your responsibility. Moreover, the crypto world is very difficult to catch the hackers. No wallet is safe if we carelessly guard it, so my point is that we are all the same wallet if you compare Trustwallet and Metamask

NicNacCoin

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Quote from: ShafixNero on October 03, 2022, 02:17:17 PM

There are many cryptocurrency wallet softwares like metamask, trustwallet. I'm currently using Trustwallet to store my cryptocurrencies. I heard some people say that it can be hacked!
Can people hack my trustwallet?
Is it safe?
How to protect my trustwallet account?
Thanks in advance ♡

At present TrustWallet is a very popular wallet. I myself am using TrustWallet.It is a very secure wallet. I don't see any possibility of hacking here and never heard of hacking.You can use it without doubt and without worry. A multi-wallet. Here you can avail various benefits.But some guidelines are that you keep its private phase in a very private place that no one can find out and hack.If you can do this then your account will be completely safe and there will be no possibility of hacking and it will be completely safe.

Oilacris

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Quote from: Charles-Tim on October 03, 2022, 02:20:13 PM

Getting a hardware wallet or having cold/offline storage wallet is the safest. Online or hot wallets are more vulnerable to online attacks. Trustwallet is an online wallet.

Trustwallet is also close source. You do not know what Trustwallet developers are doing behind. I can not advice anyone to use close source wallet.

Never leave high amount of funds on online wallets.

For safety, get a reputed open source hardware wallet.

@OP, take this advice or words of wisdom which is totally that right.

Anything which is close source is never been suggestible for it to make it as a storage specially on huge funds.You cant really make yourself sleep at peace.
Even leaving my funds on an exchange platform doesnt really give me that ease feeling.

You should always be minding about the risk or probabilities of hacks and exploits which could happen anytime.
Therefore, nothing beats out on considering those safety precautions.

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Quote from: BuNga_cute on October 04, 2022, 05:03:07 PM

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Quote from: Quote420 on October 04, 2022, 11:57:53 AM

According to me trust wallet is a multiple wallet which is able to do token transactions of all coins or tokens of all networks. And it's hard security complete. But trust but if you go to the phishing side and login then your wallet will definitely get hacked. So first of all you have to be carefulThen the wallet will not be hacked in any way.

I've been using Trust wallet for a long time and I haven't encountered any problem so far. Just don't store big funds in this wallet if you want to get rid of being hacked. The possibility of being hacked is always around so you better be careful in every click that you do. Phishing sites are always existing so it's our responsibility to avoid them as much as possible. If we really want to be careful, better use a hard wallet so you're the one who is in control of your funds.

In my opinion, the security that Trust wallet has is not much different from other online wallets, meaning that using a Trust wallet is not 100% safe.
I agree with what you said it's better not to store our crypto too big in the Trust wallet, if we want to be more secure, we really have to store our crypto
in a hardware wallet. But the problem is hardware wallets are quite expensive, if we can't afford to buy a hardware wallet, it's not a problem we can use
an online wallet, and one online wallet that I recommend is Trust wallet.

But don't store all our crypto in a Trust wallet. It's better if we store our crypto in some online wallet, so that if something bad happens and one of our
online wallets is hacked, at least we won't lose all our cryptocurrencies. Based on my experience using Trust wallet, I'm quite satisfied, but still,
even though I haven't experienced anything bad while using Trust wallet, I advise everyone to be careful when using a Trust wallet.

definitely not 100% secure and safe. remember, it is an online wallet where hackers can always try those sophisticated hacking tools anytime. so yeah, they are also vulnerable to attacks. trust wallet is a reputable one but storing large funds is indeed not advisable. if you have large funds, why not invest buying a hardware wallet? even though you haven't experienced anything bad with trust wallet, it doesn't mean they are not prone to any future attacks. always secure your funds as no one will do it for you.

abel1337

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Generally It's safe when you use it right and know what you are doing. I've been using trust wallet but I personally do it for small transactions only and I don't have not much funds on it given that I primarily use hard wallet. Trust wallet is just like other non custodial wallet, it has the sufficient wallet security though it's still hackable. Make sure to activate most of their security measures to strengthen your wallet security.

BuNga_cute

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Quote from: Quote420 on October 04, 2022, 11:57:53 AM

According to me trust wallet is a multiple wallet which is able to do token transactions of all coins or tokens of all networks. And it's hard security complete. But trust but if you go to the phishing side and login then your wallet will definitely get hacked. So first of all you have to be carefulThen the wallet will not be hacked in any way.

I've been using Trust wallet for a long time and I haven't encountered any problem so far. Just don't store big funds in this wallet if you want to get rid of being hacked. The possibility of being hacked is always around so you better be careful in every click that you do. Phishing sites are always existing so it's our responsibility to avoid them as much as possible. If we really want to be careful, better use a hard wallet so you're the one who is in control of your funds.

In my opinion, the security that Trust wallet has is not much different from other online wallets, meaning that using a Trust wallet is not 100% safe.
I agree with what you said it's better not to store our crypto too big in the Trust wallet, if we want to be more secure, we really have to store our crypto
in a hardware wallet. But the problem is hardware wallets are quite expensive, if we can't afford to buy a hardware wallet, it's not a problem we can use
an online wallet, and one online wallet that I recommend is Trust wallet.

But don't store all our crypto in a Trust wallet. It's better if we store our crypto in some online wallet, so that if something bad happens and one of our
online wallets is hacked, at least we won't lose all our cryptocurrencies. Based on my experience using Trust wallet, I'm quite satisfied, but still,
even though I haven't experienced anything bad while using Trust wallet, I advise everyone to be careful when using a Trust wallet.

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Quote from: ShafixNero on October 03, 2022, 02:17:17 PM

How to protect my trustwallet account?

As long as I'm using Trust wallet, it's never been hacked. So I conclude that Truswallet is safe to use. But if you use Trustwallet to hold coins long term, it's a good idea to create a custom wallet without connecting to other platforms. So that your wallet is not reached by hackers. Maybe this is the part we should pay attention to to protect the wallet. But the rest is Trustwallet developers have also provided high security on the Trust wallet.

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Quote from: Jackl87 on October 04, 2022, 04:13:41 PM

Quote from: ShafixNero on October 03, 2022, 02:17:17 PM

There are many cryptocurrency wallet softwares like metamask, trustwallet. I'm currently using Trustwallet to store my cryptocurrencies. I heard some people say that it can be hacked!
Can people hack my trustwallet?
Is it safe?

As far as i know, Trustwallet is the official wallet solution from Binance. So i would guess that trustwallet was tested heavily for bugs or possible loopholes for hackers, so i would say that trustwallet should have the same level of security than metamask. That being said, trustwallet is a software that you have on your phone or on your pc as a browser extension and this means there is definitely the possibility that it gets hacked and that you funds will get stolen, but that possibility is pretty small in my opinion.
As others in this thread have already said, if you want maximum security for your tokens or coins then you should use a hardware wallet like ledger or trezor.

Even if how safe they or even trusted ones still there might be a loophole for hackers to penetrate and we need to be careful on those possible attacks so that we will not get any problem for using that wallet. I'm using metamask for long time but so far for my experience using it didn't much encounter any major issues.

Jackl87

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Quote from: ShafixNero on October 03, 2022, 02:17:17 PM

There are many cryptocurrency wallet softwares like metamask, trustwallet. I'm currently using Trustwallet to store my cryptocurrencies. I heard some people say that it can be hacked!
Can people hack my trustwallet?
Is it safe?

As far as i know, Trustwallet is the official wallet solution from Binance. So i would guess that trustwallet was tested heavily for bugs or possible loopholes for hackers, so i would say that trustwallet should have the same level of security than metamask. That being said, trustwallet is a software that you have on your phone or on your pc as a browser extension and this means there is definitely the possibility that it gets hacked and that you funds will get stolen, but that possibility is pretty small in my opinion.
As others in this thread have already said, if you want maximum security for your tokens or coins then you should use a hardware wallet like ledger or trezor.

hosseinimr93

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I will recommend Safepal hardwallet because of supporting so many chains and user friendly system and every week you will see new chain to be added.

Like trustwallet, safepal hardware wallet is also close source and I wouldn't recommend it.

Quote from: ?? on ??

Just download Trust wallet and Don't connect it to internet.

Even if you don't connect trustwallet to internet, we can't be sure the fund is 100% secure. Because we don't know how the keys have been generated.

Quote from: ?? on ??

And if you can't use hardware wallet, then you can use trustwallet.

Even if you can't use a hardware wallet for any reason, you shouldn't go for a close-source wallet like trustwallet.

BRINIRHA

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To store some altcoins I also use Trustwallet. and so far safe. maybe it's because the numbers are small so I'm not too worried.
but I have come across many stories of people whose wallets have become insecure. but I don't know what wallet he is wearing. but what made the Wallet he used hacked was that he tried to Swap the fraudulent coins. like if we transact Bep20 coins for example on pancakeswap, well after the swap is finished sometimes suddenly in our wallet there is an unknown token and usually the price of the token is extraordinary. which makes ordinary people want to swap it. though it's more like a phishing coin. where when we swap to it. maybe that's when we give the fraudster permission to steal the contents of our crypto wallet. so don't try to swap the coins that are suddenly in our wallet. therefore mostly Phishing tokens or fraud tokens. and it can make our wallet insecure when we swap against it.

Quote420

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According to me trust wallet is a multiple wallet which is able to do token transactions of all coins or tokens of all networks. And it's hard security complete. But trust but if you go to the phishing side and login then your wallet will definitely get hacked. So first of all you have to be carefulThen the wallet will not be hacked in any way.

akuntester1

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I think trustwallet is safe so far, but it's possible to get hacked because it's an online wallet.
it's just that you have to be careful in using your mobile device and don't carelessly click on the links on your mobile because it is very vulnerable to hacking.
but in my opinion if the crypto you store is large, I suggest you better use a hardware wallet.

Topic: Is Trustwallet Safe? - page 6. (Read 1306 times)