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
The trust wallet is Binance's official wallet, so it will be trusted as it is held by a stable exchange. And its security depends on you, Avoid downloading or clicking not sure where to use it.
There might be an additional security on this app wallet but of course you still need to protect it. If you are in doubt about the security of that wallet then buy a hardwallet where you have the control over that. I don't store much coins on my phone wallet because I know its not that safe and if something happen to my phone, they can get the money to me which I don't want to happen. Avoid downloading from unfamiliar sites, they can ruin your phone and they can get access on your accounts if you got hacked.