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 think it's just safe as MEW mobile. They keep the private key locally and they give us the backup code that we can recover our wallet if we lost it on our phone.
I think it's really safe as a mobile wallet, but not safer than hardware wallet which we can access online