Do you continue to trust Trust Wallet?

[Rengga Jati]

I'm not sure with this. Because honestly, it's been a long time not using this wallet. Actually, I used to use this wallet for certain transactions only, but not really often. So, it is not really significantly influenced by what is happening at the moment or what is of concern at the moment.

There's nothing wrong with the use of trust wallet as long as you understand the components its made up of, this is a wallet that is close source wallet and aside this, every other thing concerning trust wallet is to be trusted because its a non custodial wallet, you can as well see that the wallet supported a varieties of cryptos, only that scammers often set some target in using this wallet to attack others who are not conscious on what is going on. 

Many people share things like this. This means that so far, there is no problem with using TrustWallet. It's just that, we as individuals have to really understand the security of our assets. Don't let us be careless or commit carelessness that could jeopardize our assets in an online wallet like this. This will also depend on our asset management. Because sometimes, scammers and hackers don't need a reason to take assets from anywhere and from anyone, especially if they have a way to do it.

[Bushdark]

Since using trustwallet when giving their TWT coins airdrop I don't get any problem yet with this wallet and keep secure when holding cryptocurrency assets, I don't know with some respond reason don't trust with trustwallet for saving their cryptocurrency assets because more than several years use this wallet platform I don't get losses my coins.
I think much problem face with drain wallet is not fault of trustwallet as place for saving your cryptocurrency assets but some dapp connection or approval make your assets loss, its not only happen with trustwallet but all platform wallet when connecting with scam site your cryptocurrency assets will loss and the hacker make bot with your wallet when receiving coins automatically sending to the hacker address.

I have also been using TrustWallet without any problems. As I mentioned, the problem only occurs with users who created accounts in 2018 and TrustWallet has also warned them to transfer their crypto assets to new accounts. This just makes me a little worried about the existence of some undetected bug in the app we are using.

I rarely use Dapps except when I want to swap tokens on Pancake or 1inch. If a user is actively participating in DeFi, I think they should create an additional account to interact with the smart contract of the new project. The main account will only be responsible for storing the majority of crypto assets and will always be secure.

It is very important for us to always ensure that we keep updating our wallets because there might be noticable bugs in the previous edition that is why the team always make sure they keep adding more functionality and interface that will make it easier for users to use the wallet without any problem. If we keep using a wallet that is not always updated, hackers could find a bug and manipulation it to scam users of there funds. The Trust wallet is far better than many of the wallet available now.

[devil-soul]

Despite its problems I continue to use trust wallets to store small sums for transactions and to use dapps obviously it is not my only choice I also use metamask and coinomi, I keep the bulk of the altcoins on the ledger

[SmartGold01]

Initially trustwallet app was my best wallet I do store my funds but after some research made over here I came to understand that trustwallet is not an open source code wallet rather a close source, this is for those who knows about wallet more than me, but for my to pay a deft ears I have to follow instructions on what people who knows more than me is saying I then download Electrum wallet and then import my seed phrase to the wallet and now I am comfortable with my funds while storing inside it electrum wallet. But for the period of using trustwallet I have never encountered any error or problems since I started using it no too long as those who were using it far way back 2018 and of curse I still trust trustwallet app.

[Troytech]

Firstly I don't recommend trust wallet for many reasons especially since I found out it was owned by a centralized exchange (Binance) and also a closed wallet, there is a high risk of them freezing your funds or reporting anonymousity to government bodies.

I do recommend software wallets like blue wallet and Electrum cause I've used it before and m3tamusk for anything concerning altcoins, but jts safe you stay away from trust wallet.

[2Pizza410000BTC]

• Are you using TrustWallet? Will you continue to trust TrustWallet?
• Are you using other crypto wallet apps?
• Is a hardware wallet really necessary for your crypto investment?

Let me start by saying I am a mobile user I work on bitcoin forums with my mobile complete bitcoin transactions and all the work I do with my mobile even though I have a laptop I don't do all my work with my laptop. Yes the wallet I definitely use to hold my bitcoins and other coins is trust wallet. I use trust wallet to hold my bitcoins along with other coins. I have tried unique wallets and am still using them but main focus is only trust wallets. Using a hardware wallet for Kipto investment is very important but it is not very expensive which is why I am using a software wallet. But I cautiously put my wallet credentials in the hope that I don't fall into any scams.

[AirtelBuzz]

I started using trust wallet from scratch when I joined this forum and started understanding about different crypto currency wallets.I continue to use Trust Wallet to this day.
I haven't been scammed using this wallet yet but don't know if others have.

Maybe there are many members connected to this forum who still have trust wallet as one of their preferred wallets.Many also hold their invested bitcoins or other coins in trust wallets for safety. However, the secure system of trust wallet is improving day by day.

[odunybiz]

Firstly I don't recommend trust wallet for many reasons especially since I found out it was owned by a centralized exchange (Binance) and also a closed wallet, there is a high risk of them freezing your funds or reporting anonymousity to government bodies.

I do recommend software wallets like blue wallet and Electrum cause I've used it before and m3tamusk for anything concerning altcoins, but jts safe you stay away from trust wallet.

Individual with his/her own opinion. Well you made some points here but to me, this doesn't make me to avoid trust wallet nor lose my trust on it. Although just like you've said software wallets like blue wallet and Electrum are the best to hold your coin for long but one can still use trust wallet for it's simplicity.

[Natalim]

Any online wallet can't be fully trusted. Although I use this wallet quite sometimes, I don't have the guts to keep my funds there for long nor have a huge amount stuck there. Trust wallet is just an alternative option when needed but I converted my funds and sent it to my main wallet (electrum). But I don't think it is wrong to use Trust Wallet provided that our computer or any device we use is not compromised already. No matter what kind of storage wallet is if we still using a compromised computer that leads to losing our entire funds.
Anyway, choose the wallet which you think is safe.

[husencoe]

I would like to know your views on crypto wallets:

• Are you using TrustWallet? Will you continue to trust TrustWallet?
• Are you using other crypto wallet apps?
• Is a hardware wallet really necessary for your crypto investment?

1. I don't really believe in trust wallet, because it was developed by Binance and we can't even access the private key.  Maybe for small assets, there is still good to use it, but for large amounts it is not recommended.  Indeed, the documentation says that they don't have access to our account and don't store our wallet data, but we don't know what's going on behind the scenes.  Many people say they have access to our wallets, but I can't confirm it and that makes me doubt it.  As far as I can see, Trust Wallet is a good one with its multi wallet feature.  Just the issue that I mentioned above makes me a little wary.

2. Yes I do. In 2017, I use MEW web to create an ETH wallet.  But now WEW web no longer supports creating a new wallet there.  So now I have to try the MEW app, and I don't really like it because access to the private key is protected.  I also use ImToken around 2018, but I stopped using it after the hacked incident around 2018. Now I use Metamask and I feel comfortable there.

3. I don't think I need it now.  I think it would be very useful if I had a lot of assets.

[Mate2237]

Trustwallet is no more a Trustwallet even from the beginning when I new it it was not a Trustwallet for me. The name name would have implies to the wallet but the wallet does different things wis the his name. The following are the things I don't like from a wallet. More than one Wallet address in the app. That is there is Dogecoin, Solana coin, Bome coin, Well to some extent Myetherwallet (MEW App) is better than Trustwallet for now and that what I just used today to start my investment. And also the transaction fee in Trustwallet is too high even when the transaction fee for all wallets are low but for the Trustwallet is still big.

So I am not interested to use Trustwallet again because of those factors.

[Mpamaegbu]

• Are you using TrustWallet? Will you continue to trust TrustWallet?
• Are you using other crypto wallet apps?
• Is a hardware wallet really necessary for your crypto investment?

Answer to your first question above is yes. Yes, I trust Trust Wallet to continue using it. I first used TW in 2021 and the ease of navigation on the app got me hooked on it. Ever since then, I kept a close tab on it. For those complaining of it being a close source or of hacks, they ought to know that the responsibility of protecting our tokens/coins lies with us. Apps are just apps, not humans. If we don't keep them safe and secured, they will get tampered with and their security breached. It doesn't matter how hack proof we think they're.

Yes, I do have other crypto wallets I use; ranging from Metamask to TokenpPocket, SafePal, just to mention but three.

To the last question, nope. I don't need a hardware wallet at the moment. Maybe when I gather something substantial I can think in that direction.

[Tigerheart3026]

Since using trustwallet when giving their TWT coins airdrop I don't get any problem yet with this wallet and keep secure when holding cryptocurrency assets, I don't know with some respond reason don't trust with trustwallet for saving their cryptocurrency assets because more than several years use this wallet platform I don't get losses my coins.
I think much problem face with drain wallet is not fault of trustwallet as place for saving your cryptocurrency assets but some dapp connection or approval make your assets loss, its not only happen with trustwallet but all platform wallet when connecting with scam site your cryptocurrency assets will loss and the hacker make bot with your wallet when receiving coins automatically sending to the hacker address.

I have also been using TrustWallet without any problems. As I mentioned, the problem only occurs with users who created accounts in 2018 and TrustWallet has also warned them to transfer their crypto assets to new accounts. This just makes me a little worried about the existence of some undetected bug in the app we are using.

i am an old user of trust wallet back in 2018 but i didn't see such warn for old users because i am still using trust wallet without having any problems.
i think i see still some bugs in trust wallet, i can not transfer bitcoin from trust wallet to another wallet, i don't know what wrong with only btc transactions.

[redsun114]

Ok so it was a vulnerability on IOS app and that might have already been fixed. It's not that your private keys were going anywhere or the app developer using our funds. It just meant a loophole existed that could have been exploited to find your locally saved private key.
We always go through these bugs and vulnerabilities and as it advances with patches, it becomes more and more secure. I would have expected better security on trust wallet app but as we have moved forward, we know trust wallet is more secure than ever. I'd still trust the trust wallet as it's one of the best non-custodial wallet we have.

Pretty sure they fixed it already because as far as I know they are still one of the leading crypto wallets up until this date. I am only wondering on why it happened on iOS and not in Android, when I think iOS is more secure but I am also aware that there is no perfect system and some iOS apps are experiencing the same problem even before, so why not on Trustwallet this time?

Our private keys might still be in our possessions but if a hacker access it, they can also have a copy of it and they can now send everything on it to their desired wallet, therefore I won't say that " it's only just a loophole " because this is where an exploit can start.

[Kristiyana]

Since using trustwallet when giving their TWT coins airdrop I don't get any problem yet with this wallet and keep secure when holding cryptocurrency assets, I don't know with some respond reason don't trust with trustwallet for saving their cryptocurrency assets because more than several years use this wallet platform I don't get losses my coins.
I think much problem face with drain wallet is not fault of trustwallet as place for saving your cryptocurrency assets but some dapp connection or approval make your assets loss, its not only happen with trustwallet but all platform wallet when connecting with scam site your cryptocurrency assets will loss and the hacker make bot with your wallet when receiving coins automatically sending to the hacker address.

I have also been using TrustWallet without any problems. As I mentioned, the problem only occurs with users who created accounts in 2018 and TrustWallet has also warned them to transfer their crypto assets to new accounts. This just makes me a little worried about the existence of some undetected bug in the app we are using.

i am an old user of trust wallet back in 2018 but i didn't see such warn for old users because i am still using trust wallet without having any problems.
i think i see still some bugs in trust wallet, i can not transfer bitcoin from trust wallet to another wallet, i don't know what wrong with only btc transactions.

A lot of people have been using trust wallet to store most of their asset and no one has complained about trust wallet,I'm also using trust wallet to store most of my coins, I would testify that trust wallet is very safe and secured reason been that trust wallet came before most of this wallet we are currently using now, as time goes on that's how trust wallet is getting more secured,you can only find it difficult if you expose your private key/passphrase to people.

[Strongkored]

I have not used a trust wallet for quite a long time after there were quite a lot of bad reviews about this wallet, although I have to admit that using it is quite easy because we can store a lot of coins in just one wallet, but the convenience we get should not reduce our vigilance if there are negative reviews.
This is a good thing about this wallet because if you only focus on convenience and ignore security it will only cause losses to its users.
Hardware wallet should be the main choice, especially if we have coins with high value because security should be the main focus even though we have to spend more money to buy a hardware wallet, but this is much better.

[Vincom]

i am an old user of trust wallet back in 2018 but i didn't see such warn for old users because i am still using trust wallet without having any problems.
i think i see still some bugs in trust wallet, i can not transfer bitcoin from trust wallet to another wallet, i don't know what wrong with only btc transactions.

If you used TrustWallet in 2018 during the sensitive time period mentioned, you should transfer all your crypto assets to a new account, even if it is still a TrustWallet account. This is necessary to ensure that your assets will be safe.

This TrustWallet bug does not prevent you from using the TrustWallet app. I don't know why you are having problems transferring BTC. You can contact TrustWallet Supporters for help.

I have not used a trust wallet for quite a long time after there were quite a lot of bad reviews about this wallet, although I have to admit that using it is quite easy because we can store a lot of coins in just one wallet, but the convenience we get should not reduce our vigilance if there are negative reviews.
This is a good thing about this wallet because if you only focus on convenience and ignore security it will only cause losses to its users.
Hardware wallet should be the main choice, especially if we have coins with high value because security should be the main focus even though we have to spend more money to buy a hardware wallet, but this is much better.

Currently, TrustWallet only has a "bug" as mentioned and TrustWallet has fixed it and warned users during that period, I think new users can rest assured. I have also read many negative reviews about TrustWallet but I don't mind it, my experience with TrustWallet is still very good when interacting with multichain.

Hardware wallets are currently the most effective crypto self-custody solution we have, and I also think that investors with large assets should use hardware wallets to avoid risks from the online environment.

[Hispo]

I have used Trust Wallet before, but it was mostly with very small amounts of Tether and other stablecoins, nothing more.
Since we are talking about a wallet which is intended to be downloaded and kept in one's phone, I would never feel comfortable enough by keeping some important amounts of money/Bitcoin inside of it and being able to sleep at nights as I need.
I have read Trust Wallet have suffered some vulnerabilities in its code which could have been used for hackers as a way to exploit their their into the funds of others, though I have not read about a serious theft yet happing ina widespread way yet. Hopefully it will never happen.
I would recommend anyone with a significant amount of Bitcoin or alternative currencies not to use Trust Wallet snd instead acquire a reliable hardware wallet by a trustworthy company and with a open source approach to their products.
Remember, in this kind of market and ecosystem we are not supposed to trust your funds to anyone, always verify.

The fact the name of the wallet is "Trust", it is already pretty ironic, keeping in mind the core values of the Bitcoin and altcoin community.

[Tigerheart3026]

i am an old user of trust wallet back in 2018 but i didn't see such warn for old users because i am still using trust wallet without having any problems.
i think i see still some bugs in trust wallet, i can not transfer bitcoin from trust wallet to another wallet, i don't know what wrong with only btc transactions.

If you used TrustWallet in 2018 during the sensitive time period mentioned, you should transfer all your crypto assets to a new account, even if it is still a TrustWallet account. This is necessary to ensure that your assets will be safe.

This TrustWallet bug does not prevent you from using the TrustWallet app. I don't know why you are having problems transferring BTC. You can contact TrustWallet Supporters for help.

although i am using it from long time but my wallet is active because i make transaction at least in every single month, so it's sure that my assets are safe, and i already contact with trust wallet support team for can't transfer bitcoin, it's not bug, it's mainly occur for transaction fees issue because now btc network is congested, so i need to high fees to make a transaction.

[Vincom]

I have used Trust Wallet before, but it was mostly with very small amounts of Tether and other stablecoins, nothing more.
Since we are talking about a wallet which is intended to be downloaded and kept in one's phone, I would never feel comfortable enough by keeping some important amounts of money/Bitcoin inside of it and being able to sleep at nights as I need.
I have read Trust Wallet have suffered some vulnerabilities in its code which could have been used for hackers as a way to exploit their their into the funds of others, though I have not read about a serious theft yet happing ina widespread way yet. Hopefully it will never happen.
I would recommend anyone with a significant amount of Bitcoin or alternative currencies not to use Trust Wallet snd instead acquire a reliable hardware wallet by a trustworthy company and with a open source approach to their products.
Remember, in this kind of market and ecosystem we are not supposed to trust your funds to anyone, always verify.

The fact the name of the wallet is "Trust", it is already pretty ironic, keeping in mind the core values of the Bitcoin and altcoin community.

As TrustWallet has announced, only users in 2018 were affected, new accounts created after 2018 will still be safe, so TrustWallet users can rest assured for now.

Compared to hardware wallets, TrustWallet cannot provide the same level of security, but it has the advantage of supporting multiple chains and interacting with Dapps easily. Currently, I am using TrustWallet to store crypto assets, in the future if I use additional hardware wallets, the hardware wallet will be the place to store the majority of assets, and TrustWallet will be the gateway to stake and swap crypto.

although i am using it from long time but my wallet is active because i make transaction at least in every single month, so it's sure that my assets are safe, and i already contact with trust wallet support team for can't transfer bitcoin, it's not bug, it's mainly occur for transaction fees issue because now btc network is congested, so i need to high fees to make a transaction.

I'm not sure about this, maybe hackers haven't attacked your account yet, but this risk will make you uncomfortable because you have to worry constantly. I still think you should transfer your assets to a newly created TrustWallet account, you will only have to pay a small fee for peace of mind.

The transaction fee on Bitcoin blockchain has been higher than in 2022, I also paid more for recent BTC transactions but I believe that the price increase of BTC can completely cover the current transaction fee. You can refer to some ways to customize the BTC transaction fee to suit the network status in order to make transactions in a timely manner and at a reasonable fee.

• Bitcoin Fees
• How to Change the BTC Network Fee