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Author Topic: Trust Wallet - Trustworthy?  (Read 935 times)
naikturun
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January 21, 2020, 10:25:13 AM
 #81

To my best of knowledge, Trust wallet is a reliable wallet but i tell you if you are going to store huge amount of coin then i suggest you use hardware wallet because that will be safer.
Trust Wallet is very popular for and really a lot of utilities to use make me feel very satisfied. In addition, high security is what makes me feel safer to use and hope that in the near future Trust Wallet will be a new choice for everyone. In addition, Trust needs to support some other coins such as Dash, Litecoin, Monero because these are coins that are often hold by many investors.

yes, but there are some wallets that should be suspected in PlayStore because some of them can access to our wallet like they have privatekey or access to our wallet, so if you want to use a new wallet you should pay attention first or just avoid it is better to use a wallet that already trusted.

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February 01, 2020, 10:18:02 PM
 #82

As a Binance exchange Wallet absolutely Trust Wallet  is storng legitimacy i believe that. You can use it any hesitation. Don’t worried no need to transfer all of those coins in another new wallet, if you unfortunately lost your mobile phone because you have to other way to log in using seed phrase or private key which is 12 word normally. Turst Wallet will provide best safety for your assets. If you still confused than go for Ledger Nano S wallet.  

Trust wallet is secure quite alright, even though I still prefer to store my BTC in blockchain wallet till date. Generally we need to be careful not to install the wrong wallet, there are fakes. It's good to install directly from playstore or appstore.
Less possibility to install fake wallet because in playstore it’s a only one application which 500k+ downloaded others no fake wallet. Newbies can victim to download wrong wallet, so must be careful. Android users have two options if you will browse Binance exchange here suggested apps to download from playstore. Still i never saw any second wallet in here. Trust Wallet is legitimate in terms of security.           

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February 01, 2020, 10:28:50 PM
 #83

Am using the said wallet and am fine with the wallet ever since in Dowland their apps. Whenever you want to secure your investment and your future in cryptocurrency, always ensure to backups your data from wallets should incase any thing happens. I have lost my phones several times and was able to reinstall my apps and get my funds back because, I backup all my phrase and passwords. In cryptocurrency, we are to ensure the protection of our datas.

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February 01, 2020, 10:38:55 PM
 #84

To my best of knowledge, Trust wallet is a reliable wallet but i tell you if you are going to store huge amount of coin then i suggest you use hardware wallet because that will be safer.
Trust Wallet is very popular for and really a lot of utilities to use make me feel very satisfied. In addition, high security is what makes me feel safer to use and hope that in the near future Trust Wallet will be a new choice for everyone. In addition, Trust needs to support some other coins such as Dash, Litecoin, Monero because these are coins that are often hold by many investors.

Trust wallet security teams are doing a great job by not allowing fake trust wallets be publish all around internet most especially the play store.

Trust wallet support the listed coins you have listed except that of the Monero. Litecoin and dash coins are been supported by Trust Wallet. There are many other coins that have been supported recently on their network. I like their security.

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February 01, 2020, 10:51:21 PM
 #85

I've been using trust wallet for a year now and its a great wallet to store assets. Easy to use too. You can connect it with your mew is its easier to use than MEW. As for security, I haven't heard anything or anybody bring hacked there. Keep back up before using it so you can recover wallet.
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February 01, 2020, 11:08:49 PM
 #86

I've been using trust wallet for a year now and its a great wallet to store assets. Easy to use too. You can connect it with your mew is its easier to use than MEW. As for security, I haven't heard anything or anybody bring hacked there. Keep back up before using it so you can recover wallet.
This wallet is always trustworthily caused by this wallet managed by a good company with a million dollars profit from its main business and this wallet will never be a scam wallet like electrum. Binance keeps maintain the wallet anytime and they will always solve any bug that being discovered before the scammer can take it. It's really different with electrum wallet which has scammed a lot of people.

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February 27, 2020, 02:36:22 PM
 #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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February 27, 2020, 02:42:31 PM
 #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

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February 27, 2020, 07:30:29 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?
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February 27, 2020, 07:56:48 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...
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February 27, 2020, 10:12:45 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.

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February 28, 2020, 10:06:05 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.

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May 13, 2020, 08:24:49 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.

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May 13, 2020, 11:50:33 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

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May 13, 2020, 11:56:23 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.
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May 13, 2020, 12:05:12 PM
 #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.

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Santri
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May 13, 2020, 01:36:32 PM
 #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.

CryptoCrawler_2017
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May 13, 2020, 02:05:57 PM
 #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.
dainoran
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May 13, 2020, 02:23:13 PM
 #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.
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May 13, 2020, 02:41:35 PM
 #100

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.

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