can you rate trust wallet?

[zigtiem]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

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[jtomtan]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

You may try Ownbit cold wallet. https://ownbit.io

[Charles-Tim]

Binance is a custodial exchange, it is not good for savings, it is not even recommended to leave your bitcoin on exchnges because exchnges are vulnerable to hacks by design. Non your key not your coin, binance provided you with no private key, and they store your funds on hot wallets.

Trust wallet is also own by binance, but it is still better, it is open source close source, and also noncustodail type of wallet, which means it generates you private keyband seed phrase. You can download it, and make sure you download it from the trust wallet official website. Make sure you back up the seed phrase it provides you, and save it from damages and attackers. Know that it is online wallet, keep your device away from malware buy accessing only legit sites or by using the device for only wallet purposes.

If you are dealing with bitcoin, you can try electrum wallet too, you can download it from electrum.org, it is a noncustodial wallet, but it only support bitcoin.

For better holding which is more safer, you can try and buy hardware wallet like ledger nano or trezor, it stores your private key offline, but still be careful of attacker while using it for sending bitcoin.
Edit: thanks Bttzed03. I will not advice anyone to use close source wallet.

[n0ne]

You can go through the following thread My Wallet's Reviews (Trust, Enjin, Infinito ...etc). Here it's been briefed well about different wallets available for usage. Among that trust Wallet too is reviewed. As it is a part of Binance network there is low risk in terms of security.

[Anonylz]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

Isn't binance part of the ownership of trust wallet! i think they have a relationship, anyways, i don't use the wallet but so far from those who are using it i don't think they have any complain, although nobody can give you 100% guarantee of the safety of the wallet, you should bare this in mind, even if you also decided to leave them on binance account, they are equally safe because binance itself guarantee the safety of all funds in their platform, according to them, your funds are SAFU.

[pakhitheboss]

Trust wallet is owned by Binance exchange and if you are aware, Binance is a centralized exchange which means they both are not secure and safe for long term hodling.

Try using wallets which are non custodial such as Electrum, Guarda or Atomic wallet they all are non custodial and are available for both desktop and mobile.

[Bttzed03]

As always, not your keys not your coins. Only leave coins on exchanges when you are actively trading and not for storage.

There are far more trustworthy mobile wallets than Trust wallet. Other than Electrum, you can also try Mycelium and Samourai.

~ Trust wallet is also own by binance, but it is still better, it is open source, and also noncustodail type of wallet,

Trust wallet is closed source for Android.

The IOS version is still being advertised as open source but their old codes on Github suggest otherwise. The last commit was December 10, 2018 and it's hard to believe they haven't made any updates since then. I'm more inclined to believe that CZ decided to closed it just months after they announced the acquisition in August 2018.

[Sparrow96]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

Binance is a custodial exchange. It's not for savings. If you are a trader, then you can think of storing some percent of your assets to Binance. Remember, don't put the whole amount in exchange.

On the other hand, the Trust wallet is a fully decentralized and non-custodial wallet. That means they have no access to your mnemonic. Only you are responsible for your fund. They can't freeze your assets.

So, I think if you are thinking of storing savings you should go for Trust Wallet. Never think for Binance.

But if you need more security, I will vote for using Atomic Wallet.

[molsewid]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

It's recommended that you should store it in your trust wallet than savings account in Binance. If you have many coins and you didn't use it in your Binance wallet for trading, you should keep it in your trust wallet. But if it's only a small amount and you always use it in trading, then let it stay in Binance. Actually, I have coins in Binance and didn't store it in other wallets because it will cost only another withdrawal fee.

[Stalker22]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

As far as I know, there were no problems with user's funds on the binance platform. But everyone has their own preferred way of storing bitcoin. For me, it's an offline hardware walllet or a generated paper wallet for long-term storage.
I like to stick to: 'Not your keys, not your coins!' 

[GreatArkansas]

I can summarize what others said above.

In short, TrustWallet is not advisable if you will hold a lot of Bitcoins, so better use hardware wallets or some non-custodial wallets or some Bitcoin wallets that are open-sourced like samurai wallet or electrum wallet.
In my own opinion, you can use a trust wallet but don't put too much Bitcoin there, you can use it for some small amount of Bitcoins that you can easily access.

[Charles-Tim]

As far as I know, there were no problems with user's funds on the binance platform. But everyone has their own preferred way of storing bitcoin.

Everyone has the preferred way of holding bitcoin, but ignorant people that do not know there is anything called private key or seed phrase will be the one to make use of no-private options to hold bitcoin, exchanges should be highly discouraged. And, also, binance has been one of the hackers victim once upon a time in 2019 when it was hacked, exchanges are often hacked.

[livingfree]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

Any coin that you will be storing there that they're supporting is not advisable for you to use it for longer storage.

And to say that you will be using Binance as your 'savings account' is not also an advisable thing to do. Every coin has its own desktop wallet which is provided by its developer and will allow you to have the private keys.

What particular coins you are looking to store for long?

[milani]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

In my opinion there is no guarantee that your assets will be completely secured while keeping them on wallets or exchanges. Even the good reputation of the concrete service can not save your assets from hack attacks. I would remember about it. And may be the bigger part of the amount I would keep on cold wallet. But according the Binance and Trust Wallet I would say that personally I like these services, nothing bad had happened to my assets during the whole period I am using them. But I prefer to keep on this wallet amounts that I am not afraid to lose despite this wallet is trustworthy to my mind and I like it very much.

[Stalker22]

And, also, binance has been one of the hackers victim once upon a time in 2019 when it was hacked, exchanges are often hacked.

I wasn't aware of that. I read some articles that Binance was never hacked but apparently the information is outdated.
Anyway, I agree, any online platform is prone to hacking. However, when it comes to exchanges, Binance has a good reputation and they provide all the security measure to preserve user funds.

[Zanab247]

Trust wallet is the best among other wallet. Trust wallet is good for newbie to save their money for future purpose. It hard for scammer to have way to trust wallet without giving any body your personal details. All your coins are safe in trust wallet and you are also free to make use of the money anytime you want..
It hard trust wallet to Miss function because all details is steady and stable all the time. You have access to your account anytime you want.

[joniboini]

It is not the best one but a good alternative especially if you want to trade on Binance DEX easily. I'd not use the wallet for other purposes, especially as your main wallet. There are other alternatives if you want better control, privacy, open-source, and so on. Using an exchange/saving program to store your funds is not a good idea either. Instead, you increase the risk of losing your money by doing that.

[3meek]

is it safe for me to store my coins in trust wallet or i should let it in savings account in binance?

I would not trust the exchange to keep my money... The Trust Wallet also belongs to Binance, so I have no trust in it either! Although I sometimes use it for a short time...
I can recommend Electrum, an old time-tested wallet!

[carter34]

Trust wallet is the best among other wallet. Trust wallet is good for newbie to save their money for future purpose. It hard for scammer to have way to trust wallet without giving any body your personal details. All your coins are safe in trust wallet and you are also free to make use of the money anytime you want..
It hard trust wallet to Miss function because all details is steady and stable all the time. You have access to your account anytime you want.

With the trust wallet, you have adequate security only you need to write down your codes somewhere safe and not to allow it open to any other you don't trust because if opened behind you, transactions done with it goes out smoothly. It is however better using it than keeping it at the exchange. Some exchanges have had malware attacks.

[Question123]

You should save or store your coins to the trusted wallet , don't keep it to the exchanges yes binance is secured trading sites but it is prone to hack because hacker will do to hack that exchange because the funds is millions of dillars.

But make sure you will keep the coin to the trusted wallet that is safe and you already tested and make sure it is fully secured so your funds will safe and will gone remember the hacker is watching they attack us anytime so be vigilant and secured every details you have.