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Topic: Trust Wallet - Trustworthy? - page 3. (Read 972 times)

sr. member
Activity: 2324
Merit: 263
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January 20, 2020, 05:28:44 AM
#66
Trust wallet is the best on my list, it works better than coinomi which many loves praising, all you need to do is secure your private key or recovery seed and you will be fine, you should use strong password in case your phone get lost
That's right, what must be maintained on the wallet is a private key and a strong password on the device that we use, and I think a wallet like trust wallet is very feasible to be used by everyone, although others are also worth using like a coinomi wallet.
full member
Activity: 1148
Merit: 116
January 20, 2020, 04:43:10 AM
#65
Trust wallet is the best on my list, it works better than coinomi which many loves praising, all you need to do is secure your private key or recovery seed and you will be fine, you should use strong password in case your phone get lost
copper member
Activity: 714
Merit: 5
January 20, 2020, 04:40:18 AM
#64
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 is Binance's official wallet, one of the largest exchanges, It's just like the other wallets you need to back up, to be able to recover. To ensure safety, you need to set a strong password to prevent phone loss.
member
Activity: 294
Merit: 43
January 20, 2020, 03:30:24 AM
#63
Trust wallet Was the first major acquisition of Binance. It’s not as if they are simply partnered up with Binance, Binance purchased the company and took it over.
 
As you prob already know that Binance is the standard bearer of cryptocurrency exchanges and even that would be a gross understatement in terms of their contributions and innovations across he industry.  I have been using Trust wallet for over a year now and I have yet to encounter any problems.

Not only that but the software that powers Trust wallet is OSS so you can review it all for yourself or have someone independently review the code.  Trust is the name of the wallet - That name alone carries a big responsibility with it if you are going to name your organization “Trust” then you better be practicing what your preach and in my experience, they absolutely do.

Highly recommended Mobile Wallet.  🤩👍
copper member
Activity: 658
Merit: 402
January 20, 2020, 03:19:33 AM
#62
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
Just like what I have said in my last post I recently use the Trust wallet and for me, it is a trustworthy wallet because it has now many users and it has good feedback on play store. It is safe to use and even your phone crash it is still there and if ever you want to transfer your wallet in other devices make sure you have the passphrase on that because you can't recover it without it. I'm now storing my coins there and those coins are from social mining.

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.

Aside from using that kind of wallet, we should also consider using hardware wallet for more security of our cryptocurrency. Maybe he can use both of that. Also having a Trust wallet and hardware wallet is more advisable if going to hold and store different cryptocurrencies.
jr. member
Activity: 267
Merit: 7
January 20, 2020, 02:41:37 AM
#61
trust wallet is also my current wallet, supported by binance is the world's top 1 trading platform, supports most of the coins in the world, of course, transferring your wallet to another device is easy for you. need to copy a 12-digit secret code, it's the secret key you can open your wallet on any device if you have that secret key, and of course now it's a trusted wallet, it have not been hacked yet
hero member
Activity: 1302
Merit: 577
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January 20, 2020, 12:21:44 AM
#60
Trust wallet is a good and trustworthy wallet. The name actually speaks well of the wallet. Trust wallet is very easy to use and not complicated as other cryptocurrency wallet. Trust wallet is also used by many traders to securely store their cryptocurrency assets.
you can only use that wallet as alternative to myether and metamask but if you can use both wallet you dont need to download or use trust wallet those 2 is enough.
And for the security of your funds OP you should own the privekey of your wallet so what ever happen to your phone or stolen you still have access to the wallet.
jr. member
Activity: 236
Merit: 4
January 19, 2020, 10:58:44 PM
#59
It is so far but we don't know if they do not track or record our transactions, crypto holdings and anything. I'm in doubt sometime because like imtoken they have event like by depositing some type of crypto they'll be able to know if you did it then they give you the event coin
newbie
Activity: 28
Merit: 1
January 06, 2020, 06:48:51 PM
#58
Trust wallet is a good and trustworthy wallet. The name actually speaks well of the wallet. Trust wallet is very easy to use and not complicated as other cryptocurrency wallet. Trust wallet is also used by many traders to securely store their cryptocurrency assets.
sr. member
Activity: 1162
Merit: 252
October 21, 2019, 01:13:56 PM
#57
Coincidentally, my android smartphone often has problems and of course I have to recover the trust wallet and as long as I do it there is no problem in trustwallet it's just that, of course you have to save the phrase seed, privatekey, json file and if you save it there is no need to worry about the security of trust wallet.
sr. member
Activity: 2002
Merit: 250
October 21, 2019, 01:03:14 PM
#56
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
very safe, you can save it there, this is in my opinion because I have experience, I have saved harmony (one) there, and accidentally deleted the Trust Wallet application, fortunately I have a keyword that I saved and I entered it again when downloading the application and ONE I'm still there, my suggestion is to save your keyword on your cellphone just in case
member
Activity: 504
Merit: 25
October 21, 2019, 12:59:29 PM
#55
Definitely one of the most trustworthy crypto hot wallets in existence, but then again, it can be breached if your phone/OS has a security exploit or something similar, so its not bulletproof, but as a standalone application its of the highest tier.
Security exports can be found on IOS only for now, IOS is not opensource and this is the difference between IOS and Android phones, its better to use android phone for now because IOS is fully breached and not safe or you are better off with hardware wallet
full member
Activity: 1190
Merit: 100
October 21, 2019, 12:37:16 PM
#54
Don't hesitate to use the trust wallet.
This wallet is really very safe to use and certainly very easy if you make any transaction. So far, I myself have not had any problems when using this wallet.
sr. member
Activity: 854
Merit: 267
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October 21, 2019, 10:43:51 AM
#53
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 am pretty sure that you can still recover your account if it does happen. Accounts have backup mechanisms that is why they are asking for your email so that they can contact you regards with your issues. Even if you buy your new device you could still transfer your data to it. A wallet is not limited on single device, as long as you have your login data you could still access them.
 Honestly, I haven't use the Trust Wallet but after hearing that Binance owns them then there's no doubt it is trustworthy.
sr. member
Activity: 1022
Merit: 276
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October 21, 2019, 10:23:44 AM
#52
Yes, Trust wallet is a trusted wallet that has been used by many users, especially for HODL'ers.

You can assure the safety of your crypto by having access through your mobile phone, and the security it gives it's every user security to assure that it is not easily compromised.
hero member
Activity: 1274
Merit: 500
October 21, 2019, 08:28:37 AM
#51
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 am a Trust wallet user to save coins that I have and to date have no significant problems. Even when we use a new phone, we can easily install it again as long as we hold the seed words. The most important thing is to safely guard the seed words that we have and not share them with other parties
Trust Wallet is probably the best wallet for phones because many large coins are supported here so it will be very convenient to use. I have been using Trust for the past year and haven't had any security issues with me. In fact Trust has a lot of big changes this year and over 100,000 downloads so this is the best wallet at the moment.

I personally take asset security very seriously and choosing a good wallet to keep assets is always my top priority in this market.
newbie
Activity: 24
Merit: 0
October 21, 2019, 07:57:44 AM
#50
yes, in case you lost your phone you can use seed words to restore your all coins, trust wallet is very secure
member
Activity: 364
Merit: 10
October 21, 2019, 07:46:11 AM
#49
Never heard something negative about trust wallet, but holding everything in one wallet is bothering me. Try to diversify your portfolio by adding several MEW wallets or even storing some crypto on big exchanges to reduce the risks of getting scam or simply loosing your money.
member
Activity: 700
Merit: 10
October 19, 2019, 09:20:52 PM
#48
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

As long as we keep the seed words safe, I think that even if our phone is broken, we can restore it without losing the coins we already have. Trust wallet is one of the trusted and easy to use mobile wallet and I think Trust wallet is one of the best mobile wallet
newbie
Activity: 23
Merit: 0
October 19, 2019, 06:28:19 PM
#47
I use trust wallet, and there as a way to buck up your wallet, you should do this, if you lost your phone you can restore it.
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