Curious about the security of mobile wallets. Why are they considered less secure than other wallets? I currently use Trust Wallet which uses fingerprint ID or a pin. If my phone were to be compromised how would anyone be able to access it? How could they obtain my pin/fingerprint?
Mobile wallets are not exactly less secure. However, the best wallets in terms of security are hardware wallets like Cobo Vault, Ledger, Trezor, KeepKey, etc.