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Topic: Trust Wallet - Trustworthy? (Read 1012 times)

hero member
Activity: 1106
Merit: 502
May 16, 2020, 04:43:14 AM
Firstly theres a backup phrase where you can use to recover all your coins if you change your phone. i just downloaded trust wallet a week ago and it has been smooth and easy to use. i am even staking my tron holdings in the wallet and they have been paying the returns so far
all the keys that are given from the trust wallet should be able to be kept all because it is something that is very important because when you lose it you will never be able to make a withdrawal from the assets owned, whereas I still use the trust wallet to date. one wallet that can store several tokens too.
member
Activity: 272
Merit: 13
May 15, 2020, 11:32:21 PM
Firstly theres a backup phrase where you can use to recover all your coins if you change your phone. i just downloaded trust wallet a week ago and it has been smooth and easy to use. i am even staking my tron holdings in the wallet and they have been paying the returns so far
legendary
Activity: 1862
Merit: 1327
May 14, 2020, 09:05:36 AM
I have been using trustwallet on my smartphone for over a year now, and today I can say that it is one of the best and most reliable multiwallet in circulation, also it is possible to connect it to the binance dex to be able to trade your BNB without the obligation to put them in the exchange of binance and thus have a great security not to suffer theft of coins
sr. member
Activity: 1330
Merit: 289
May 13, 2020, 01:03:56 PM
If you can't get a hard wallet, then continue with trust wallet, it's cool and also mobile, and if you are thinking about crash of your phone,that shouldn't be a problem, once the wallet is created, keep your mnemonic phrase safe and any day you can always access your wallet through it.

Good point, keeping the mnemonic phrase safe is the most important aspect of security, since without it  you don't own the wallet if the device it's installed get lost. Trust wallet is trustworthy, but we need to do our own part to foster security. The fact that Binance acquired trust wallet is enough reason to say its highly reputable and also secure.
full member
Activity: 491
Merit: 100
May 13, 2020, 12:59:29 PM
If you can't get a hard wallet, then continue with trust wallet, it's cool and also mobile, and if you are thinking about crash of your phone,that shouldn't be a problem, once the wallet is created, keep your mnemonic phrase safe and any day you can always access your wallet through it.
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
May 13, 2020, 12:21:16 PM
I am using Trust Waklet on my handphone. Basically it stores all my coins. But I wonder is it safe? What if my phone crash. What if I buy a new phone and need to transfer the wallet over? Is there any best practices for Trust Wallet. This is basically my entire fortune and I am trying to be as safe as possible

Trust Wallet uses Phrase as a private key, you can back it up on a PC or save it in an email. If you replace a new smartphone, where can you log in Trust Wallet using Phrase. But if Phrase is lost, then you cannot recover your wallet, and your coins are lost.
full member
Activity: 1339
Merit: 157
Enjoy 500% bonus + 70 FS
May 13, 2020, 09:41:35 AM
so far I used trust wallet and until now everything looks fine. if in the future your cellphone dies and you want to use a new cellphone then you just enter the private key, remember if you keep the private key in a safe place or you can write it manually/print.
Yes, you can send it to your Email or other secure platform offline so that it keep safely for everyone. Its our own way where can we put our private key safe. Trustwallet is very friendly use, you can set your coin to different types of value USD, EUR or PHP so you can see it accurately. Its fast transaction and less hassle is very important to a cryptowallet. Many coins are also listed and supported with ERC20 tokens.
full member
Activity: 664
Merit: 100
May 13, 2020, 09:23:13 AM
#99
I think it's trustworthy for now. I still use it for now. we don't know what will happen in the future, so I think you should safe your asset in others wallet. Such as, hardware wallet.
jr. member
Activity: 68
Merit: 2
May 13, 2020, 09:05:57 AM
#98
It's like any other Web / App crypto wallet.
In general, it looks good so far, you can say " is it safe enough " yet unless it was hacked or something, other that that it's good one, good User Interface, so simple to deal with.
full member
Activity: 1092
Merit: 101
May 13, 2020, 08:36:32 AM
#97
so far I used trust wallet and until now everything looks fine. if in the future your cellphone dies and you want to use a new cellphone then you just enter the private key, remember if you keep the private key in a safe place or you can write it manually/print.
sr. member
Activity: 882
Merit: 253
May 13, 2020, 07:05:12 AM
#96
yes trust wallet is at the moment one of my favorite mobile wallets (together with coinomi) in my opinion is quite safe, just write the recovery phrase, I use it not only to keep the cryptocurrencies on it but also to navigate the dapps and stake tron, dai and usdt...
I recently download their smartphone wallet in playstore and its working very fine. I have no issues yet to be complain and I read some reviews that its looks fine. Since Trust wallet is official smartphone wallet of Binance, it added more trust with it. I can manage to change to my country money instantly so that I can calculate it more accurately. You can also generate different wallet with it the same app but make sure that you keep the key safely away to possible of being hack.
hero member
Activity: 812
Merit: 512
May 13, 2020, 06:56:23 AM
#95
I am using Trust Waklet on my handphone. Basically it stores all my coins. But I wonder is it safe? What if my phone crash. What if I buy a new phone and need to transfer the wallet over? Is there any best practices for Trust Wallet. This is basically my entire fortune and I am trying to be as safe as possible
Surely you will never have trouble using the Trust wallet, I have used them for almost 3 years and everything went smoothly. Never had a security problem with this wallet and they have never been hacked.
member
Activity: 490
Merit: 10
May 13, 2020, 06:50:33 AM
#94
Trust wallet is the best wallet for newbies and it's well secured too but do not forget to make a backup of your Mnemonic recovery seed and keep it in a safe location, so far I haven't have any problem using trust wallet
copper member
Activity: 966
Merit: 5
May 13, 2020, 03:24:49 AM
#93
I am using Trust Waklet on my handphone. Basically it stores all my coins. But I wonder is it safe? What if my phone crash. What if I buy a new phone and need to transfer the wallet over? Is there any best practices for Trust Wallet. This is basically my entire fortune and I am trying to be as safe as possible

I have been using trust wallet for a long time now and from many opinions it is trustworthy, funny but true, the name points to this very fact. Yes, it can be used to store many coins such as BTC, ETH, ICON and so on, reason it is also called a multi-cryptocurrency wallet.
Now talking about having a new phone or if your current phone encounters an issue; before creating the wallet, you were asked to write down your backup accordingly, it is actually 12 words, therefore in case you encounter any issue which makes you lose the app, you can just download and install on another device, open the app and Instead of creating a new wallet, you import your old wallet using the 12 words you have earlier.
Therefore with your 12 words or commonly called mnemonic phrases, you are always safe.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
February 28, 2020, 05:06:05 PM
#92
I am using Trust Waklet on my handphone. Basically it stores all my coins. But I wonder is it safe? What if my phone crash. What if I buy a new phone and need to transfer the wallet over? Is there any best practices for Trust Wallet. This is basically my entire fortune and I am trying to be as safe as possible

To begin with, Trust wallet is a nice and wonderful crypto wallet which can support more than one type of coins of which you know, I have been using it and no issue till date, thus from my own understanding, it is safe. Secondly the first thing to do once you install a new wallet or once you are creating a new wallet be it Trust wallet or whichever is to take note of your private keys or backup phrases, with these, even if you change a new phone you can easily import your wallets.
jr. member
Activity: 444
Merit: 2
Theagriverse.io
February 27, 2020, 05:12:45 PM
#91
TrustWallet has gradually become the most trusted smartphone wallet. In the instance you lose or replace your phone, you can recover your wallets by using you passphrase. And it has a password feature in built which when enabled will prevent unauthorized access to your lost phone.
hero member
Activity: 3066
Merit: 605
February 27, 2020, 02:56:48 PM
#90
yes trust wallet is at the moment one of my favorite mobile wallets (together with coinomi) in my opinion is quite safe, just write the recovery phrase, I use it not only to keep the cryptocurrencies on it but also to navigate the dapps and stake tron, dai and usdt...
member
Activity: 686
Merit: 15
February 27, 2020, 02:30:29 PM
#89
Trust wallet is trustworthy but, I would suggest you instead of buying a phone buy a hardware wallet you it is trustworthy and safe too.

Can you recommend any good phone with a hardware wallet? I understand Samsung once produced one and won't this get hacked since the phone will be getting internet access and what if the phone has been reprogrammed to steal ones keys?
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
February 27, 2020, 09:42:31 AM
#88
I am using Trust Waklet on my handphone. Basically it stores all my coins. But I wonder is it safe? What if my phone crash. What if I buy a new phone and need to transfer the wallet over? Is there any best practices for Trust Wallet. This is basically my entire fortune and I am trying to be as safe as possible
You need to store the Key to create the wallet in a safe place, and in the future if you lose your phone or want to move the wallet to another phone, you just need to enter that Key into the wallet and then everything will be the same. Btw trust wallet is one of the best phone wallets I've ever known. I also used this wallet for a long time without any problems
full member
Activity: 539
Merit: 100
BIB Exchange
February 27, 2020, 09:36:22 AM
#87
The most reliable wallet currently known and used by many people is probably the trust wallet, which is easy to use but high security, making it easy for users to check their assets anytime on the phone.
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