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Author Topic: Is Trustwallet Safe?  (Read 1257 times)
coinerer
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October 13, 2022, 11:37:59 AM
 #81

if you want to hold a huge amount of cryoto then Trustwallet us not safe for you. But if you are a bounty or airdrop hunter anf you need a munti chain supported wallet for received reward. then trust wallet wouldn’t be a big problem for you. But if you are a holder then trust wallet is not a safe place to hold crypto. here you should use a hardware wallet for keep safe your money.


I think if we want to store all the assets in 1 wallet then Trust Wallet is a good solution, I keep all the assets in 3 accounts namely Trustwallet, ERC20, and Exchanges Wallet, because I focus a long -term focus so I save with the biggest portion in Trust Wallet.
I understand your point you mean about multi chain support on trust wallet. i already told on my previous post if you are bounty or airdrop hunter then Trust wallet is for you. coz then you need multiple chain wallet for coin in multiple project any project can be devdevelop by different blockchain . but you want to hold your crypto for long time and if it is a large amount then you should use hardware wallet . it will safe for you


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October 13, 2022, 03:46:18 PM
 #82

As of my experience Trustwallet is good and while using it, I am satisfied also now I am storing some BTC to this wallet for a long time and so far nothing bad happen yet and I do hope that it will be a good happening someday and not a bad thing. Also for the new user trust wallet is very easy to understand and easy to use if you have your mobile phone then you can download the app from your play store and start using it.

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October 14, 2022, 06:11:01 AM
 #83

No system is secure, everything has loopholes. Even though trust wallets are very popular, I just want to remind you to be careful when connecting to dapps or making transactions from airdrop tokens, it is very likely that your account will be hacked to take assets. I've found a lot of dusting tokens in my airdrop wallet and then I replaced it. just a suggestion, if you use a wallet for airdrops you have to replace it periodically.
I think trust wallet is safe but what about the users condition? Scammers are constantly developing new tricks to scam. A user should always be alert. Especially when connecting the wallet one should check if the specified site is correct otherwise there is a chance of hacking the wallet. On the other hand, accidents can happen even if the key phrases are not kept in a safe zone.

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October 14, 2022, 06:21:29 AM
 #84

No system is secure, everything has loopholes. Even though trust wallets are very popular, I just want to remind you to be careful when connecting to dapps or making transactions from airdrop tokens, it is very likely that your account will be hacked to take assets. I've found a lot of dusting tokens in my airdrop wallet and then I replaced it. just a suggestion, if you use a wallet for airdrops you have to replace it periodically.
The problem that faces by most of centralized wallet user was they can't keep their wallet secure. they were always dealing with suspicious platforms. That's why their money got stolen by scammers. They can't even think properly about what should they do to prevent the scammers to take their money from their wallet. There are bunch of scammers these days in the crypto. that's why we must take care to never try to deal with suspicious platform.

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October 14, 2022, 06:58:30 AM
 #85

No system is secure, everything has loopholes. Even though trust wallets are very popular, I just want to remind you to be careful when connecting to dapps or making transactions from airdrop tokens, it is very likely that your account will be hacked to take assets. I've found a lot of dusting tokens in my airdrop wallet and then I replaced it. just a suggestion, if you use a wallet for airdrops you have to replace it periodically.
I think trust wallet is safe but what about the users condition? Scammers are constantly developing new tricks to scam. A user should always be alert. Especially when connecting the wallet one should check if the specified site is correct otherwise there is a chance of hacking the wallet. On the other hand, accidents can happen even if the key phrases are not kept in a safe zone.
Yeah, I've been using it for over a year and haven't had any issues. Your description of the users' condition is very acceptable. In some articles, users got scammed early on because they were noobs; the QR code is the seed phrase they learned the hard way. It's safe if you know what scams to avoid. In your wallet, you'll receive random coins that you didn't expect. Ignore them by swiping left. You should avoid clicking on them as they are scams. Don't worry about tokens you didn't purchase.

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October 14, 2022, 07:36:10 AM
 #86

Trust wallet is safe if you keep the recovery seed offline and if you stay away from airdrops and too good to be true offers on the web, avoid clicking links that you get through emails too, they aren't safe, I haven't heard about hacks or loss of fund on trust wallet but still one needs to be extra careful.

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October 14, 2022, 08:24:50 AM
 #87

Trust wallet is safe if you keep the recovery seed offline and if you stay away from airdrops and too good to be true offers on the web, avoid clicking links that you get through emails too, they aren't safe, I haven't heard about hacks or loss of fund on trust wallet but still one needs to be extra careful.
The hack cases that I've ever known are all from user error, what you say is true, keeping a private seed is one of the best ways not to lose your wallet,
I think if you want to take part in the airdrop make sure you create another wallet that is specifically for airdrops, so you don't mix it with your investment wallet.

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October 15, 2022, 06:13:19 AM
Last edit: October 17, 2022, 03:27:35 PM by Fara Chan
 #88

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 ♡
The concept remains the same, everything related to online can be hacked, Trustwallet also has several cases of hackers being carried out by irresponsible people, if you say safe maybe not completely. You can use Trustwallet, but it is not recommended to store large amounts of coins, even though there are keys and phrases stored, but also not able to be categorized as safe.

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BobK71
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October 15, 2022, 06:16:07 AM
 #89

I think Trustwallet is a good and safe wallet, I've been using it for about 2 years after I was hacked on Google Metamask, after the hack I have now moved 80% of my assets to Metamask, even when I was trading on pancake swap and never logged out almost 3 months everything is safe.
There are definitely reasons behind a particular wallet being hacked. And when those things are followed with caution then the probability of hacking is greatly reduced. About three years ago due to carelessness, I saw the wallet of someone I know being hacked where his phrase key was stolen and later almost all the transferable assets taken by the scammers. Here I think it is not easy to hack a user's wallet if the users to be careful.

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add1ct3dd
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October 20, 2022, 07:06:21 PM
 #90

Isn't it obvious OP? I mean just look at its name. There's already a "trust" word in it hehe but seriously for me, trustwallet is truly a safe wallet because I've never experienced to get hacked on using it and I've been using it for a couple of years already.

I think this wallet is also related to binance so we are ensure that they are secure. Hacks usually can happen not because of the wallet but because of the actions made by the wallet users. I suggest read more topics about how to secure your crypto wallet and what things you should avoid to possibly avoid the hack. Metamask is also like trustwallet in terms of reputation but only make sure to check if what you're downloading is original.
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October 20, 2022, 10:51:05 PM
 #91

Can people hack my trustwallet?

Any wallet can be hacked, and that includes trust wallet, if you expose your seed phrase or private keys to Hackers by means of clicking and connecting to a phishing website, or by storing it online or not keeping it in a safe place.

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Is it safe?

I have been using trust wallet for years now since its one of the near wallets around that provide easy storage, sending and receiving of altcoins, but i must admit that there are better options in wallet market, trust wallet is not open source, and that is one of its downsides, many investors don't really trust or rely on wallets that are not open source.

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How to protect my trustwallet account?
Keep your wallet details to your self alone, like private keys, seed phrases, keep it all to yourself alone, avoid connecting to phishing links, do not store your seed or private key online.... This are rhe simple ways to protect your wallet, any wallet, not just trust wallet alone.

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coinerer
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October 20, 2022, 11:44:52 PM
 #92

I think Trustwallet is a good and safe wallet, I've been using it for about 2 years after I was hacked on Google Metamask, after the hack I have now moved 80% of my assets to Metamask, even when I was trading on pancake swap and never logged out almost 3 months everything is safe.
You was not careful with your metamusk wallet so you wallet was hcked. Trust wallet alse can be hack by different way. using any software wallet you must have to use carefully. you can use trust wallet for your own, it is totally your wish but i can say trust wallet not 100% safe and secure. no one Guaranteed it that trust wallet is 100% safe.


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Sarah Azhari
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October 21, 2022, 01:36:53 AM
 #93

I think Trustwallet is a good and safe wallet, I've been using it for about 2 years after I was hacked on Google Metamask, after the hack I have now moved 80% of my assets to Metamask, even when I was trading on pancake swap and never logged out almost 3 months everything is safe.
if I were you I will surely give up to use software wallet anymore. maybe still can if I reinstall my PC with a fresh Operating system because you have been injected. whatever software wallet do you use, still you will injected for not now, but later, believe me, you have carefull.
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October 21, 2022, 04:45:56 AM
 #94

From 50% of the population of Bitcoin users still use Trust Wallet in storing their funds to make it easier for transactions, because the use of the Trust Wallet Wallet is very simple and easy for people to use, that's why most people don't want to have a wallet that is too complicated to use, With the Trust Wallet, everyone is easy to do things when they are outside or on the streets, we can still access them through applications that are already available on the Playstore...

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October 21, 2022, 06:17:45 AM
 #95

Trust wallet is safe if you keep the recovery seed offline and if you stay away from airdrops and too good to be true offers on the web, avoid clicking links that you get through emails too, they aren't safe, I haven't heard about hacks or loss of fund on trust wallet but still one needs to be extra careful.
Right,the problem is so many newbies are not even learning from their past experience. These newbies are blatantly connecting their wallet to the any of dapps which was increasing the chance for them to be scammed.
I just tell you about the truth if trust wallet was safe but the people itself who have been making it become unsafe
Agreed. We have seen people complaining about other wallets too which means that they mostly connect their wallets to every form of giveaway site they see. People should be wise enough now to stay away from all foreign links like that or better still have a separate wallet for your crypto adventure if you really feel the need to. I believe trust wallet is safe too, I use it and not having any issues with it as long as you follow the rule of safe gauding your wallet.
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October 21, 2022, 09:53:05 AM
 #96

We all know that Trustwallet is a popular wallet. This wallet is currently used by many investors. And all currencies are safe here. This wallet is very strong and their security systems are safe. I think using this wallet to enjoy all kinds of facilities plays a maximum role in transactions. So trustwallet is a trusted wallet for investors.
I agree with you. Trustwallet is a very popular wallet.  Everyone is using this wallet now. But I have been using Trustwallet for a few days now. I feel very good using it. I feel it is very safe. However, I can transact very easily through it and get many other benefits. Trustwallet is complete.  Safe I think.
Talking about Trust Wallet, there is no doubt that this wallet is one of the most popular,
many have used it and are satisfied with its features and security,
and so far I'm using it also no problem
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October 21, 2022, 10:54:16 AM
 #97

From 50% of the population of Bitcoin users still use Trust Wallet in storing their funds to make it easier for transactions, because the use of the Trust Wallet Wallet is very simple and easy for people to use, that's why most people don't want to have a wallet that is too complicated to use, With the Trust Wallet, everyone is easy to do things when they are outside or on the streets, we can still access them through applications that are already available on the Playstore...

In my opinion, it can be able to save multi coins is the added value of trust wallets that are not owned by other wallets, and in terms of security, I think trust wallets are very good and safe because I have used more than 2 years and there is no problem, and now then the wallet is growing.
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October 21, 2022, 11:51:51 AM
 #98

I've personally used trust wallet for over a year now and haven't had any issues with it. From my experience, trust wallet is safe, but you need to understand that it's an online wallet and it would be unwise to keep substantial amount of assets in an online wallet. It's best to go with a hard wallet like ledger or paper wallet when storing substantial amount to prevent the issue of hack.

To further buttress my point. I doubt my asset is up to 0.001btc, so hackers may be wasting their time trying to compromise my wallet, because it's not worth their time and effort. When I have over 1btc, I'll most likely be using a hardware wallet and if it gets to 100btc, I'll be going for a paper wallet or any other offline wallet.
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October 21, 2022, 12:08:19 PM
 #99

I've personally used trust wallet for over a year now and haven't had any issues with it. From my experience, trust wallet is safe, but you need to understand that it's an online wallet and it would be unwise to keep substantial amount of assets in an online wallet. It's best to go with a hard wallet like ledger or paper wallet when storing substantial amount to prevent the issue of hack.

To further buttress my point. I doubt my asset is up to 0.001btc, so hackers may be wasting their time trying to compromise my wallet, because it's not worth their time and effort. When I have over 1btc, I'll most likely be using a hardware wallet and if it gets to 100btc, I'll be going for a paper wallet or any other offline wallet.

Sometimes shady websites asking to log in with our wallet and one of them we can use trust wallet to login, I once tried to log in to my trust wallet to non trusted website and there was some message I got from trustwallet to not login from a shady website from there I didn't try to login anymore. Be careful when we login our wallet to some website cause they can steal the information.


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irhact
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October 21, 2022, 12:21:01 PM
 #100

From 50% of the population of Bitcoin users still use Trust Wallet in storing their funds to make it easier for transactions, because the use of the Trust Wallet Wallet is very simple and easy for people to use, that's why most people don't want to have a wallet that is too complicated to use, With the Trust Wallet, everyone is easy to do things when they are outside or on the streets, we can still access them through applications that are already available on the Playstore...

I think it's more than 50%, Binance acquired trust wallet and increase the reputation of the mobile wallet, few years ago after trust wallet launched they weren't as popular as they're now. Trust wallet has constantly improved, before now to access decentralized applications you have to use a laptop as only metamask was compatible with those sites but with trust wallets you can now use your mobile to access this platforms and carryout transactions without any discomfort.
Among all mobile wallets provided, I think trust wallet has to be in the top 5 and it isn't the last. There's hardly more than 3 better mobile wallets that can be compared to that of trust wallet when it comes to storing of your altcoins.

R


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