I am curious why Trust Wallet, got have its own token which is Trust Wallet Token (TWT), is this not a conflict of interest? I saw some non-custodial wallets and they don't have any tokens that they own it.
Another thing is this Trust Wallet is tied with Binance, Binance is their huge backer I believe. Even though this wallet is open source, I don't really trust this wallet, just my 2 cents.
I also don't trust this wallet. This is owned by Binance and this is not really an open-source wallet especially if you have the Android version. This is promoted differently. So when CZ and Binance promote Trust wallet, there is an amount of dishonesty involved. So I don't think Trust wallet should be trusted.
And one thing that really boggles me is why they create a token. This is obviously an attempt to make money out of nothing. Reliable non-custodial wallets like Electrum and Bluewallet that theymos mentioned didn't create a token and they functioned perfectly.
It's kinda funny that its name is trust wallet but a lot of us here don't trust the wallet even if binance is related to it because we know that binance is centralized and this two is not different from the bnb coin binance have. It's great if people are now transferring their funds to a crypto wallet.
They are also scared that the current exchange that they are using might collapse like what happened with ftx but they should pick up a better wallet like the two that you mentioned above. Trust wallet allows users to hold their private keys but it doesn't automatically mean that they are now fully decentralized or non custodial. I heard metamask is the same.
