Post
Topic
Board Beginners & Help
Re: [General] Bitcoin Wallets - Which, what, why?
by
Husna QA
on 17/12/2020, 00:17:53 UTC
-snip- Same wallets According to mee is trust wallet for sample use. Because it's safe and have a support of binance.
The Trust wallet is not suitable as the main wallet. Even if you still want to use it, I suggest not keeping all your assets there, especially in large amounts. Please see the following references so you can reconsider if you wish to use a Trust wallet.

TrustWallet's not-so-good excuse:

It has come to our attention that some dishonest developers have been cloning Trust Wallet and either scamming users or using the code without permission as their own product.

source: https://medium.com/@trustwallet/why-open-sourcing-android-app-could-be-a-harm-to-the-crypto-community-fb3ae1707dc6
-snip-
Closed source: Since nobody else knows the codes except the developers, it is mainly them who can check the wallet for any bug or other vulnerabilities. I'm not sure how many are they but their number is surely fewer than the devs monitoring open source wallets. If a hacker finds a malware, it could probably take them longer time to fix that. The longer the time, the greater the risks to the funds of users. 
-snip-
Non-custodial mobile wallets used by many beginners today are probably unaware that they are closed source. Here are some of them:
- Coinomi
- Exodus
- Enjin
- Jaxx
- Trust Wallet (Android)